Crypto Currencies Lose $41,316,219

Photo by Alexandru-Bogdan Ghita on Unsplash

Crypto Currencies Lose Steam

Of the 1,665 digital currencies we monitor, the past 24 hours saw total market losses of $41,316,219, as 60% of currencies fell. The biggest impact on the market came from Bitcoin (BTC), Ethereum (ETH), Bitcoin SV (BSV), Bitcoin Cash (BCH), and Litecoin (LTC).

Bitcoin Update

Bitcoin (BTC) swung between a high of $3,737.70 and a low of $3,666.60 ending twenty four hours of trading at $3,670. This equates to a loss of $41,123,305.00 in market cap. A month ago, bitcoin traded at . It has seen a -4.90% weekly decline, and in just the last hour bitcoin has risen 0.06%. Currently there are 17,478,425 bitcoins in circulation, representing 83% of the final twenty-one million bitcoins that can be mined. 1,327,481 of these bitcoins were traded in the past 24 hours.
In January Bitcoin started the month at $3,750 and swung between $3,637 and $4,114, closing at $3,665 on January 11.

Top 20 Coins

Examining the top 20 crypto currencies (by market capitalization), the top performers over the last 24 hours were Bitcoin SV (BSV) 11.31%, Ethereum Classic (ETC) 2.17%, Bitcoin Cash (BCH) 2.10%, EOS (EOS) 0.65%, Zcash (ZEC) 0.52%, while the worst three performing were TRON (TRX) -7.88%, NEO (NEO) -3.21%, Binance Coin (BNB) -2.80%.

Crypto Market Winners and Losers

If we look across the 1,665 crypto currencies (that we track), the biggest short term winners were:

  • SounDAC (XSD), gained 345%, and a market cap of 64 Bitcoins.
  • iBTC (IBTC), gained 258%, and a market cap of 7.00 Bitcoins.
  • Bitcoin W Spectrum (BWS), gained 151%, and a market cap of 17 Bitcoins.
  • UltraNote Coin (XUN), gained 118%, with a market cap of 323 Bitcoins.
  • SIMDAQ (SMQ), gained 114%, and has a market cap of 57 Bitcoins.

On the downside, the biggest losers were

  • InflationCoin (IFLT), lost 76%.
  • Darcrus (DAR), lost 74%.
  • BitRent (RNTB), lost 67%.
  • Castle (CSTL), lost 61%.
  • Compound Coin (COMP), lost 60%.

Cryptocurrencies are traded day and night, so instead of covering a market session, we cover the last 24 hours of trading. Remember, prices on Cryptocurrencies can vary quite a bit across exchanges, so always check your local exchange for current rates.


Media Gazelle Inc (MG), a Nevada Corporation, owns and operates the online brand US News Tribune. MG does not offer financial advise, and is not a registered broker/dealer/analyst/adviser, holds no investment licenses, and may not sell, offer to sell or offer to buy any security. MG’s market updates, news are not a solicitation or recommendation to buy, sell or hold securities. MG shall not be held liable for any investment losses you may incur by using the information provided, this includes you trading the stocks mentioned on our sites. We recommend you talk to a financial adviser before trading any securities or taking any action based upon information on this site.