Quick cryptocurrency price analysis for January 19: The worldwide market capitalization dropped to $1.62 trillion.

Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, fell below $42,000 early Friday, marking the broader market’s first significant decline since December 2023. Other popular coins, such as Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC), were in the red across the board. The Conflux (CFX) token outperformed the rest, with a 24-hour gain of less than 1%. Helium (HNT) was the greatest loser, with a 24-hour drop of more than 13%.

At the time of writing, the worldwide crypto market capitalization was $1.62 trillion, a 3.23 percent decrease from the previous day.

Bitcoin (BTC) Price Today

According to CoinMarketCap, the bitcoin price was $41,073.88, representing a 3.61 percent drop in the previous 24 hours.

Ethereum (ETH) Price Today

At the time of writing, the price of ETH was $2,458.72, a 2.69 percent decrease over the previous 24 hours.

Dogecoin (DOGE) Price Today

According to CoinMarketCap data, DOGE has lost 3.37 percent in the past 24 hours and is currently trading at $0.0776.

Litecoin (LTC) Price Today

Litecoin fell 1.20 percent over the course of 24 hours. At the time of writing, it was trading at $68.42.

Ripple (XRP) Price Today

The XRP price remained at $0.5503, down 2.91 percent in 24 hours.

Solana (SOL) Price Today

Solana prices stood at $93.69, down 6.20 percent in 24 hours.