Bitcoin price drops below $100,000

12:58 - 27.01.2025


 January 27, Fineko/abc.az. The quotes of the first cryptocurrency fell below $100,000. At the moment, the price on the Binance exchange reached $99,713.

ABC.AZ informs that the correction of bitcoin was accompanied by a sharp increase in trading volume.

During the day, the digital gold exchange rate decreased by 4.8%. The leading altcoins have shown an even deeper drop. The price of Solana (SOL) reduced by 10.9%, Dogecoin (DOGE) by 9.7%.

The volume of liquidations on the crypto market exceeded $623 million in 24 hours. The overwhelming share accounted for by long positions - more than $580 million.

The total capitalization of cryptocurrencies dropped to $3.56 trillion. The dominance of bitcoin is 55.8%, Ethereum - 10.6%.