$98,879.00
0.89%$3,413.17
3.06%$259.00
1.24%$669.98
7.72%$1.54
7.94%$0.468917
17.72%$1.00
0.20%$1.082
20.73%$3,412.20
3.45%$0.219877
10.52%$42.89
12.52%$0.00002775
11.42%$5.83
5.99%$4,038.09
2.61%$98,437.00
0.50%$0.436213
50.17%$8.05
32.31%$17.35
13.90%$533.40
11.01%$3.56
0.71%$3,414.17
2.99%$0.00002192
6.74%$8.62
-0.14%$6.39
14.18%$102.96
14.18%$12.80
7.54%$10.62
13.50%$3,594.66
2.92%$0.151158
15.23%$11.67
19.70%$0.195699
5.06%$1.002
0.37%$30.61
10.64%$0.559828
21.67%$0.163374
10.93%$7.84
9.75%$529.99
6.90%$0.00005132
2.62%$1.003
0.41%$24.66
-0.24%$1.36
9.41%$3.54
8.19%$0.854476
7.76%$0.04318161
32.91%$3.84
4.93%$8.16
17.35%$2.12
10.81%$5.21
12.50%$50.79
11.05%$162.05
1.30%$0.859614
3.27%$2.26
4.39%$29.03
18.24%$178.88
7.15%$6.25
14.10%$1.56
14.72%$0.00026437
5.96%$0.298291
26.97%$0.86323
23.33%$0.24789
15.47%$0.529904
9.96%$0.998863
0.97%$1.54
2.64%$3,413.80
2.37%$5.81
11.30%$1.95
15.69%$0.65492
8.85%$3,770.30
1.52%$6.01
-0.88%$0.172839
8.52%$2.40
8.09%$3,576.72
3.48%$98,908.00
0.79%$1.095
12.38%$1.16
5.01%$1.57
2.82%$0.424448
6.61%$98,372.00
0.54%$3,504.11
2.84%$103.40
21.96%$1,659.33
2.31%$72.89
10.60%$21.66
22.62%$11.00
9.48%$319.15
0.04%$11.34
3.13%$0.00000138
20.81%$0.03320015
17.18%$0.558987
21.66%$0.829893
17.51%$0.02349718
11.18%$0.02341978
3.46%$1.20
-1.45%$1.32
10.16%$0.778868
13.10%$0.563861
9.87%$1.16
6.97%$0.02303229
16.55%$98,514.00
0.97%$3.16
0.97%$273.88
0.37%$14.76
11.60%$0.177312
13.77%$5.96
8.39%$6.66
14.85%$1.46
14.84%$3,395.26
2.25%$0.00000261
-2.94%$35.77
19.24%$3.96
6.56%$1.40
6.92%$98,649.00
1.01%$97,946.00
0.36%$12.08
4.72%$0.467807
15.88%$0.40314
15.01%$1.024
8.11%$0.830326
13.14%$0.00004716
7.84%$0.498373
18.15%$1.27
11.49%$0.903922
3.25%$0.01015764
4.67%$3,503.12
2.37%$262.53
0.67%$5.40
8.33%$1.37
4.52%$0.740469
11.35%$40.10
9.74%$0.00193964
10.46%$0.172437
12.57%$0.00779371
9.78%$0.053027
17.91%$0.085263
13.43%$0.219425
23.09%$1.001
0.26%$49.49
11.18%$0.007435
-1.92%$0.263148
14.82%$3,415.10
2.81%$273.82
4.34%$20.67
8.36%$0.00987825
6.52%$2.15
5.82%$0.789409
12.45%$0.099668
22.17%$2,722.30
0.94%$2.05
13.45%$3,413.46
2.94%$0.00012103
8.36%$1.45
13.85%$0.99721
0.61%$2.18
12.50%$0.01401742
8.83%$0.168902
9.83%$3,692.86
2.48%$0.493456
18.34%$1.35
10.33%$33.70
5.16%$66.41
24.59%$0.195445
7.94%$0.285324
14.71%$1.00
0.21%$3,411.75
2.88%$1.56
11.39%$0.00805193
5.58%$98,679.00
1.20%$0.074864
15.39%$0.506157
11.53%$1.087
4.95%$0.542048
3.83%$2,741.90
1.86%$2.20
10.94%$0.080013
-0.76%$98,716.00
0.14%$0.00000025
8.55%$3,381.15
1.97%$33.20
55.45%$0.548898
1.84%$0.00000052
7.78%$2.71
7.12%$8.79
4.71%$98,492.00
0.95%$1.00
0.20%$3,416.50
2.85%$0.00144467
-4.13%$0.072975
10.25%$1.16
19.13%$0.370863
9.55%$3.62
5.43%$0.253091
13.98%$3.85
-0.78%$0.02403933
14.48%$0.00845147
12.67%$1.078
1.65%$3,658.97
2.83%$0.467047
-1.93%$0.442185
-20.07%$0.798184
13.05%$0.01427558
10.23%$3.96
10.89%$0.00244909
16.46%$3,409.55
2.90%$1.001
0.46%$1.031
7.70%$2.06
12.15%$50.17
12.49%$3,565.56
2.99%$0.998947
-0.00%$1.96
15.10%$8.50
8.75%$0.04453745
6.04%$11.64
11.61%$0.421029
5.60%$0.598747
9.35%$0.426274
1.14%$0.00503267
9.38%$0.228946
15.74%$0.998017
0.02%$96.76
-0.94%$3.81
15.01%$6.55
-0.12%$3.72
8.33%$1.064
0.51%$0.470216
8.11%$0.00
13.67%$32.70
12.98%$3,747.21
2.36%$1,985.78
0.76%$0.383885
8.86%$0.0381231
14.06%$0.343953
5.36%$0.252785
15.56%$0.979297
14.92%$3,627.49
3.34%$4.80
6.63%$98,673.00
0.59%$0.00640464
7.80%$1.001
-0.43%$1.42
5.75%$0.03681364
9.55%$0.705173
9.35%$0.02474274
10.88%$0.880482
1.65%$0.03725212
-10.87%$0.355642
26.98%$0.642227
2.88%$0.395913
12.75%
Hoooorrayyyy!!! Profit for everyone in the crypto market today, which today is a sea of green in these choppiest of choppy waters.
Coins that power decentralized finance protocols performed the best, but in a day of profit for all that concludes a week of heavy casualties, it’s difficult to say that any coin performed the worst. At a push, Tezos, which fell by 3% today.
Let’s focus on the gains—Decrypt is a glass-half-full publication, even if we decline to disclose the frothy, noxious liquid with which we fill that glass. In the past 24 hours, Bitcoin's price rose by 1.6%, Ethereum's by 7.76% and Polkadot by 0.76%.
DeFi coins performed swimmingly. Aave rose by 20.88% to $238.1, Uniswap by 18.2% to $10.55, Synthetix to 12.99% to $16.08 and SushiSwap by 13.84% to $7.93.
Chainlink, yesterday’s winner that hit a new all-time high of $25, slunk down to $23.98 today and increased by just 0.63% in the past 24 hours. Chainlink powers a decentralized oracle network.
Altcoins are always more volatile than the rest of the market, in part because of their small market cap. Also, because their fate is tied to Ethereum, the platform that houses their smart contracts, and to Bitcoin, the largest cryptocurrency by market cap that sways the entire market.
Bitcoin has had a horrible week. The coin’s price hit lows of $28,900 earlier this week, its lowest price since January 4. The trouble stems from a (debunked) myth about a double-spend glitch, where it was thought that the same Bitcoin had been spent twice. This spooked the market and caused software company NexTech AR Solutions to sell off 130 bitcoins, or roughly $4 million.
On closer inspection this is likley to be an instance of RBF, where the lower fee transaction won
— BitMEX Research (@BitMEXResearch) January 20, 2021
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
