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    Home » Bitcoin is approaching 42 thousand, and Pepe has collapsed by 30%
    Crypto

    Bitcoin is approaching 42 thousand, and Pepe has collapsed by 30%

    ZEMS BLOGBy ZEMS BLOGJanuary 27, 2024No Comments3 Mins Read
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    Cryptocurrency prices today indicate a reversal of losses as all major value cryptocurrencies are finally in the “green” zone. Furthermore, Bitcoin (BTC), the largest cryptocurrency, has rebounded significantly after falling below $39,000 recently. Additionally, Ethereum (ETH) and other altcoins have seen significant price increases as well.

    Major crypto prices today

    Bitcoin value is approaching the $42,000 target again due to the recent rebound. Bitcoin price saw a 4.28% rise, settling at $41,862.31 at the time of writing on Saturday, January 27. Moreover, its trading volume increased by a whopping 38.05% to US$25.21 billion over the past 24 hours. While the market value of cryptocurrencies amounts to $820.68 billion

    In the altcoin sector, Ethereum price rose 2.24% to $2,274.54 at press time with a market valuation of $273.35 billion. It also recorded a 5.48% increase in its trade volume, reaching $9.70 billion. Furthermore, Binance Coin (BNB) price fell by 4.12% to $306.15, while 24-hour trading volume fell by 6.63% to $973.83 million.

    On the other hand, the price of “Solana” increased by 5.27% to reach $92.70. Furthermore, SOL recorded a 28.75% rise in trade volume to $2.05 billion over the past 24 hours. Moreover, the decline in XRP prices has finally stopped. XRP price rose 3.77% to $0.5338. In addition, XRP trading volume increased by 23.24% to reach $1 billion.

    Conversely, Cardano price rose by 3.44% to $0.4863. Meanwhile, it recorded an 8.05% rise in 24-hour trading volume, settling at $361.68 million. While in the meme space, the price of Dogecoin rose by 2.44% to $0.08005 while the price of its competitor Shiba Inu rose by 2.18% and was traded at $0.000009096.

    Read also: Binance and SEC dispute escalates over evidence production

    Today's highest cryptocurrency prices

    Pepe coin drops by 30%

    Babycoin one-day chart, source: CoinMarketCap

    Pepe Coin (PEPE), one of the popular cryptocurrencies, fell more than 30% in today's trading session. The price of Pepe Coin fell by 30.45% to $0.000000947 with a market valuation of $50.52 million. Hower, 24-hour trading volume rose 68.97% to $1.28 million.

    SATS prices rise by 27%

    SATS 1-day chart, source: CoinMarketCap

    After a long bearish shift, SATS (1000SATS) is finally in the green today and boasts an impressive price rally. The cryptocurrency rose more than 27% on Saturday. At press time, the price of SATS was up 27.90% to $0.0005205 ​​with trading volume up 59.27% ​​to $166.13 million.

    Sui gatherings 21%

    One-day chart, source: CoinMarketCap

    Sui (SUI), a popular cryptocurrency, also recorded a significant rise. Sui's price rose 21.98% to $1.45 at the time of reporting. Additionally, trade volume increased by a staggering 97.09% to $738.33 million. Moreover, Sui hit a high of $1.49 during today's price rally.

    Read also: Ripple CTO reveals new OpenSea scam targeting NFT bidders

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