Cryptocurrency prices are witnessing a somewhat volatile session today for the top digital currencies, including Bitcoin (BTC). Bitcoin's price rose above $42,000 recently, marking a massive rebound after falling below $39,000. However, it is struggling to maintain the momentum gained and has seen a decline in value. Additionally, Ethereum (ETH) followed the lead with a decline in price.
Major crypto prices today
Bitcoin value crossed the $42,000 mark recently due to major attempts at a rebound. Bitcoin price fell 0.35%, settling at $42,249.85 at reporting time on Monday, January 29. However, its trading volume rose by a whopping 39.87% to $16.79 billion over the past 24 hours. While the market value of cryptocurrencies amounts to $828.45 billion
In the altcoin space, Ethereum price was down 0.78% to $2,269.18 at press time with a market valuation of $272.69 billion. Conversely, ETH recorded a 33.02% rise in its trade volume, reaching $7.16 billion. Furthermore, Binance Coin (BNB) price lost 0.05% of its value, reaching $306.06, while 24-hour trading volume rose 12.66% to $770.75 million.
On the other hand, the price of “Solana” increased by 0.82% to reach $97.37. Moreover, trade volume increased by 67.62% to $2.38 billion over the past 24 hours. Moreover, the decline in XRP prices has finally stopped. The price of XRP saw a decline of 0.79% to $0.5287. In contrast, XRP trading volume increased by 27.46% to $562.63 million.
Meanwhile, Cardano price fell by 0.66% to $0.4929. However, it recorded a 30.70% increase in 24-hour trading volume, settling at $338.26 million. While in the meme space, Dogecoin's price fell by 2.30% to $0.07904, while its rival Shiba Inu saw its price fall by 1.57% and was traded at $0.000009057.
Read also: Bitcoin vs Ethereum: Numbers show which has higher growth potential
Today's highest cryptocurrency prices
Pepe coin prices continue to collapse
Pepe Coin (PEPE), a popular meme cryptocurrency, continued its significant declines in today's trading session. Pepe Coin price fell by 4.11% to $0.000001061 with a market valuation of $444.60 million. However, the 24-hour trade volume increased by 18.80% to $50.32 million.
Conflux emerges as the big winner
The Coinflux network's native cryptocurrency, Conflux (CFX), posted huge gains on Monday. At press time, CFX price was up 10.63% to $0.2452, making Conflux the biggest gainer in the market today. Moreover, trade volume increased by 12.07% to $128.70 million.
Injection records recovery
Injective (INJ), a participant in the Cosmos ecosystem, saw a significant rally today. INJ price rose 2.96% to $37.89 at the time of reporting. Additionally, trade volume increased by a staggering 76.12% to $192.67 million. Furthermore, Injective hit a high of $38.52 amid the bullish rally.
Read also: Shiba Inu burn rate rises by 1539% as SHIB price stabilizes
