Crypto prices today 4 Jan 2024: Bitcoin & Ethereum fall by 4.79% & 5.72% respectively

On Thursday, the value of top cryptocurrencies recorded a loss. The global crypto market decreased by 4.83 percent to stand at $1.66 trillion.

Crypto price today on 4 Jan 2024 Bitcoin and Ethereum fall

Highlights

  • Bitcoin slipped by 4.79% to stand at $43,267.46
  • Memecoins negative performance

Bitcoin, the world's largest cryptocurrency, dipped by 4.79 percent to $43,267.46 over the past 24 hours. Ethereum, the second-largest cryptocurrency, plunged by 5.72 percent to $2,236.60.

The total trading volume witnessed an increase of 64.54 percent, reaching $118.65 billion. However, the global crypto market cap decreased by 4.83 percent to reach $1.66 trillion.

Top gainers and losers

Beam, Akash Network and Sei emerged as the top gainers today, with their prices surging by 11.28 percent, 8.82 percent, and 7.65 percent, respectively. On the other hand, MultiversX, Terra Classic, and File Coin were among the top losers, with their values dropping by 16.69 percent, 16.38 percent, and 15.67 percent, respectively.

Memecoins slips

Today, most of the popular memecoins displayed negative trends, Elon Musk’s favourite Dogecoin decreased by 9.97 percent. Other popular memecoins like Shiba Inu, Pepe, Floki and Memecoin experienced a loss in their value with their prices decreased by 9.07 percent, 12.15 percent, 13.01 percent and 12.23 percent, respectively.

Metaverse tokens negative performance

Metaverse tokens exhibited a negative performance today. Internet Computer, The Sandbox, Theta Network, and Axie Infinity saw their prices decrease by 4.04 percent, 12.31 percent, 13.99 percent, and 9.36 percent, respectively. However, Stacks, Chromia, etc. recorded an incline in their value, indicating a divergence in investor sentiment within the metaverse sector.