Quick take on the cryptocurrency price on January 10: The worldwide market capitalization fell to $1.71 trillion.

Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, briefly approached $48,000 after a bogus tweet from the US Securities and Exchange Commission (SEC) stated that all spot BTC exchange-traded funds had been approved by the authority. The SEC swiftly withdrew the tweet, claiming that its social media accounts had been hijacked. As a result, the price of Bitcoin plummeted to the $46,000 range in a short of hours. Over $50 million in derivatives were liquidated as a result of the movement.

At the time of writing, the worldwide crypto market cap was $1.71 trillion, representing a 0.83 percent 24-hour loss.

Bitcoin Price Today

According to CoinMarketCap, the price of bitcoin was $46,127.84, a 1.39 percent drop in a 24-hour period.

Ethereum Price Today

At the time of writing, the price of ETH was $2,363.26, representing a 2.46 percent increase in the previous 24 hours.

Dogecoin Price Today

DOGE fell 0.60 percent in a 24-hour period, according to CoinMarketCap data, and is now trading at $0.07986.

Litecoin Price Today

Litecoin gained 0.87 percent in a 24-hour period. It was trading at $67.65 at the time of publication.

Ripple Price Today

The price of XRP was $0.5701, representing a 0.64 percent decline in a 24-hour period.

Solana Price Today

The price of Solana was $99.98 after a 1.68 percent drop in the previous 24 hours.