Quick analysis of cryptocurrency prices on January 24: The value of the world market fell to $1.58 trillion.

The world’s oldest and most valuable cryptocurrency, Bitcoin (BTC), continued its recent downward trend early on Wednesday, falling below the $40,000 threshold. Other popular coins that performed poorly overall included Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC). With a surge of more than 14% in just one day, the AKT token turned out to be the largest gainer of all. With a decline of more than 15% in a single day, ORDI emerged as the largest loser.

At the time of writing, the value of the entire cryptocurrency market was $1.54 trillion, a decrease of 2.32 percent in a day.

Bitcoin (BTC) Price Today

According to CoinMarketCap, the price of bitcoin was $39,671.24, representing a loss of 1.03 percent in a day.

Ethereum (ETH) Price Today

At the time of writing, the price of ETH was $2,214.95, a decrease of 5.61 percent in just 24 hours.

Dogecoin (DOGE) Price Today

With a current price of $0.07839., DOGE showed a 3.29 percent decline over a 24-hour period, according to CoinMarketCap data.

Litecoin (LTC) Price Today

Litecoin experienced a 4.54 percent 24-hour decline. It was trading at $65.03 at the time this was written.

Ripple (XRP) Price Today

The price of XRP was $0.5156 after losing 2.83 percent in a day.

Solana (SOL) Price Today

The price of solana was $83.86, down 2.05 percent in a day.