Crypto Market Overview
Let's turn our attention to today's overall Crypto market situation.
As of 11:59 PM on January 9, 2025, according to sosovalue, the total market cap of the crypto market stands at 3.37 trillion US dollars, witnessing a decrease of 4.75% compared to yesterday; the total trading volume is 181.98 billion US dollars, marking a decline of 8.81% from the previous day.
According to sosovalue, the price of
$BTC is 92,550 USD, a decrease of 2.64% from yesterday. The market cap of
$BTC is 1.83 trillion USD, accounting for 54.5% of the total market cap;
$BTC's 24-hour trading volume is 65.29 billion USD, making up 35.9% of the total trading volume.
The price of
$ETH is 3,219.2 USD, down 3.25% from yesterday; the market cap of
$ETH is 387.85 billion USD, representing 11.5% of the total market cap;
$ETH's 24-hour trading volume is 30.30 billion USD, comprising 16.7% of the total trading volume.
The combined market capitalization of
$BTC and
$ETH accounts for 66.0% of the total cryptocurrency market cap, and their combined trading volumes constitute 52.6% of the total trading volume.
After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 12:00 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Alpha Quark (AQT). As of 23:50 today, its market cap is 81.44M, with a coin price of 3.0380 USD, witnessing a 24-hour increase of 94.9%.
The second is Cobak (CBK). As of 23:50 today, its coin price is 1.3215 USD, with a 24-hour increase of 70%.
The third is Lifeform (LFT). As of 23:50 today, its coin price is 0.033540 USD, showing a 24-hour increase of 52.2%.
In fourth place is QASH. As of 23:50 today, its coin price is 0.018390 USD, with a 24-hour rise of 47.1%.
In fifth place is BOSagora (BOA). As of 23:50 today, its coin price is 0.015379 USD, increasing by 26.1% over the last 24 hours.
Sector Performance in the Crypto Market
According to sosovalue, out of 16 sectors, 1 is up and 15 are down. Notably, the RWA, Meme, and AI sectors are worth mentioning.
RWA Sector
The RWA sector has fallen by 4.78% relative to the UTC 0 time, led by declines in token (-16.7%), nxra (-10.4%), and MGT (-10.2%).
Meme Sector
The Meme sector has decreased by 5.88% relative to UTC 0, with wuf (-33.8%), $TIME (-32.2%), and gnon (-25.9%) leading the drop.
AI Sector
The AI sector has fallen by 8.57%, with BUZZ (-39.3%), vxv (-35.7%), and SPORE (-26.9%) leading the decline.
Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:
According to reports, Circle CEO Jeremy Allaire announced on social platform X that Circle has donated 1 million USDC to President Trump's inauguration committee. This donation was made in the form of digital dollars, and Allaire stated that the Trump team accepting USDC payments is a recognition of digital currency.
Next news:Standard Chartered Bank has obtained a digital asset custody license in Luxembourg, providing digital asset custody services to EU users.
Next news:Fetch.ai has launched a $10 million acceleration program aimed at supporting AI Agent startups. This program will provide funding, technical support, and marketing resources to help startups accelerate product development and market expansion. Fetch.ai hopes to promote innovation and application of AI technology through this program, fostering overall industry development.
Next news:The price of
$BTC has fallen below $92,000, with a daily decline of 3.71%. According to a PANews report on January 9, the OKX market shows that
$BTC has just dropped below $92,000, with the current trading price at $91,939.70, marking a daily decrease of 3.71%.
Next news:Gemini has appointed a new leadership team in Europe as part of its strategy to expand its presence in the region. This move is aimed at strengthening its operations and enhancing its market position in the European cryptocurrency market. The Winklevoss twins, Tyler and Cameron, are key figures in this initiative, reflecting their ongoing commitment to growing Gemini's global footprint.
Next news:
According to Foresight News and reported by Cointelegraph, the legal lawsuit by James Howells, an IT engineer from Newport, Wales, seeking to find a Bitcoin hard drive has been dismissed by a judge. The hard drive contains over 8,000 Bitcoins mined in 2009, currently valued at approximately $770 million, which was accidentally thrown into a landfill in 2013. Judge Keyser of the Wales Circuit Commercial Court stated that the case has "no substantial chance of success." Since 2013, Howells has repeatedly requested the Newport City Council to allow access to the landfill for a search, promising to share the Bitcoins if the hard drive is found, but has been denied due to environmental permit issues.
According to Foresight News and reported by Cointelegraph, the legal lawsuit by James Howells, an IT engineer from Newport, Wales, seeking to find a Bitcoin hard drive has been dismissed by a judge. The hard drive contains over 8,000 Bitcoins mined in 2009, currently valued at approximately $770 million, which was accidentally thrown into a landfill in 2013. Judge Keyser of the Wales Circuit Commercial Court stated that the case has "no substantial chance of success." Since 2013, Howells has repeatedly requested the Newport City Council to allow access to the landfill for a search, promising to share the Bitcoins if the hard drive is found, but has been denied due to environmental permit issues.
Next news:
According to Wu, Coinbase's international platform announced that it will launch the perpetual contract markets for Aerodrome Finance (AERO), Beam (BEAM), and Drift (DRIFT) on January 16 at 17:30 (UTC+8). Aerodrome Finance is a next-generation AMM on the Base network, BEAM is the native token of the Beam network, and Drift is a fully on-chain perpetual and spot DEX built on Solana.
Next news:According to Decrypt, Grayscale announced quarterly adjustments to its multi-asset fund, increasing the proportion of
$BTC and
$ETH in the Digital Large Cap Fund (DLCF) to 90%. ADA has been added to replace AVAX, while the remaining assets are allocated to XRP and SOL. Additionally, the GSCPxE fund has introduced an 8% weight for Sui, bringing the total weight of Solana and Cardano to 75%. The AI Fund has added a 2.8% weight for Livepeer, while the DeFi Fund has replaced Synthetix with Curve, maintaining a high proportion for Uniswap and Aave. Grayscale stated that these adjustments are based on market changes and fluctuations in the CoinDesk index, while also confirming plans to advance the ETF conversion of the Digital Large Cap Fund and Solana Trust in response to increased demand for crypto investments from Wall Street.
Next news:According to Wu Shuo, Fox reporter Eleanor Terrett revealed that U.S. Congressman French Hill announced the new key position arrangements for the Financial Services Committee, which include: Bryan Steil will serve as the chair of the Subcommittee on Digital Assets, Financial Technology, and Inclusion; Bill Huizenga has been appointed as the vice chair of the committee; and Warren Davidson will lead the Subcommittee on National Security and Illegal Finance. Additionally, other major appointments for subcommittees include: Ann Wagner in charge of Capital Markets, Dan Meuser overseeing Oversight and Investigations, Mike Flood responsible for Housing and Insurance, and Andy Barr overseeing Financial Institutions.
Next news:
According to Foresight News, Nasdaq-listed mining company CleanSpark announced that the number of Bitcoin held in its treasury has exceeded 10 thousand, currently standing at 10,097. All these Bitcoins are produced by its mining operations, which take place entirely in the United States. CleanSpark's Bitcoin-valued treasury has grown by 236% year-on-year.
According to Foresight News, Nasdaq-listed mining company CleanSpark announced that the number of Bitcoin held in its treasury has exceeded 10 thousand, currently standing at 10,097. All these Bitcoins are produced by its mining operations, which take place entirely in the United States. CleanSpark's Bitcoin-valued treasury has grown by 236% year-on-year.
Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.