Cryptocurrency Price Today: Bitcoin Price Remains Unchanged Despite Small Gain, Profits Return to Cryptocurrency Chart

Bitcoin posted a tiny gain of 0.50% on Thursday, January 25th. Despite this development, Bitcoin has not seen a major change in its price. At the time of writing, the value of BTC stood at $39,921 (approximately Rs. 33 lakh). The value of the asset increased by $271 (approximately Rs. 22,527) in the last 24 hours. While this could indicate that bulls are not willing to intervene at this price, it could also be that lowering the price of Bitcoin further will not be easy for bears either, CoinSwitch’s markets desk told Gadgets360.

Solana, Ripple, Cardan, Avalanche, TronAND Polka dot – Everyone posted small gains along with Bitcoin on Thursday.

They also joined Shiba Inu, Litecoin, Bitcoin Cash, Leo, Cosmos, Uniswap, Stellar, Monero, Close to the protocolAND Chrono.

“Notably, Solana’s SOL and Avalanche’s AVAX beat expectations, posting gains of around 8.5% and 11.5% respectively, leading the broader market’s upward trajectory,” Rajagopal told Gadgets360 Menon, vice president of WazirX.

Ether it failed to join Bitcoin in the profitable part of the cryptocurrency price chart. The SEC has managed to delay the approval of BlackRock’s spot Ethereum ETF for now, which has emerged as a contributing factor to the somewhat bearish sentiment hovering over ETH right now.

Bind, Binance coin, Currency in USD, Chain shirtAND Bitcoin SV has joined Ether on the losing side of the cryptocurrency price chart.

The overall cryptocurrency market capitalization valuation increased by 0.38% in the last 24 hours. Its valuation currently stands at $1.55 trillion (approximately Rs. 1,28,85,537 crore) according to CoinMarketCap.

“The overall cryptocurrency market capitalization jumped to the $1.55 trillion mark, with BTC showing a marginal increase in its value compared to the previous day. Altcoins are showing a strong positive trajectory, but it is not enough to lift market sentiment. The US Fed is expected to start cutting interest rates soon to increase market liquidity and stimulate economic activity across sectors,” Shivam Thakral, CEO of BuyUcoin, told Gadgets360.

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