Crypto Market – January 30, 2023

As market confidence grows, more money is going into cryptocurrency funds. At the time of writing, this was briefly changing, and coins were falling sharply. Last week, the number of people buying cryptocurrency investment products quadrupled, and bitcoin is on track to have its best January in almost ten years. After the FTX cryptocurrency exchange failed, Bitcoin and other digital assets almost made up all of the money they lost. This comes as bitcoin continues its strong performance, having gained 40% since the beginning of the year. Bitcoin (BTC)-related funds received the bulk of the investment dollars ($116 million).

Bitcoin is trading at $22,803.26 USD with a 24-hour volume of $26,956,190,693 USD. Bitcoin is down 3.87% in the last 24 hours, with a live market cap of $439,586,038,595 USD. 

  • Market Cap: $1,099,050,125,507.71
  • 24h Vol: $57,232,662,279.87
  • BTC Dominance: 37.13%

The worldwide cryptocurrency market value is $1.07 trillion, down 4.24% in 24 hours and -40.1% year-over-year. Bitcoin’s market value is $439 billion, with 40.98% dominance. Stablecoins’ market value is $138 billion, or 12.86% of the crypto market.

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