Bitcoin (BTC) Dips Down to $102,000 Range, All Eyes on US FOMC Meeting Outcomes

Bitcoin (BTC), the world's oldest and most valued crypto, dipped down to the $102,000 range early Thursday. All eyes now rest on US FOMC meeting outcomes

World’s oldest and most valued crypto, Bitcoin (BTC), dipped down to the 102,000 range early Thursday. All eyes now rest on US FOMC meeting outcomes, which will decide which way the wind will blow. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the reds across the board as overall Market Fear & Greed Index stood at 60 (Greed) out of 100, as per CoinMarketCap data.

Pudgy Penguins (PENGU) became the biggest gainer of the lot, with a 24-hour jump of nearly 6 percent. a16z (A16Z) became the biggest loser, with a 24-hour loss of nearly 22 percent.

The global crypto market cap stood at $3.52 trillion at the time of writing, registering a 24-hour dip of 3.37 percent.

Bitcoin (BTC) Price Today

Bitcoin price stood at $102,051.40, registering a 24-hour loss of 3.43 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 88.69 lakh.

Ethereum (ETH) Price Today

ETH price stood at $3,207.94 marking a 24-hour dip of 3.73 percent at the time of writing. Ethereum price in India stood at Rs 2.86 lakh.

Dogecoin (DOGE) Price Today

DOGE registered a 24-hour loss of 5.19 percent, as per CoinMarketCap data, currently priced at $0.3513. Dogecoin price in India stood at Rs 31.79.

Litecoin (LTC) Price Today

Litecoin saw a 24-hour dip of 3.46 percent. At the time of writing, it was trading at $113.41. LTC price in India stood at Rs 10.190.71.

Ripple (XRP) Price Today

XRP price stood at $3.13, seeing a 24-hour loss of 1.06 percent. Ripple price in India stood at Rs 268.99.

Solana (SOL) Price Today

Solana price stood at $248.14, marking a 24-hour dip of 3.46 percent. SOL price in India stood at Rs 20,896.52.

Top Crypto Gainers Today (January 22)

As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:

Pudgy Penguins (PENGU)

Price: $0.025224-hour gain: 5.26 percent

XDC Network (XDC)

Price: $0.123824-hour gain: 4.62 percent

GateToken (GT)

Price: $22.3924-hour gain: 2.87 percent

Worldcoin (WLD)

Price: $2.2124-hour gain: 2.07 percent

Monero (XMR)

Price: $224.0124-hour gain: 1.68 percent

Top Crypto Losers Today (January 22)

As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

a16z (A16Z)

Price: $0.950924-hour loss: 21.63 percent

FARTCOIN (FARTCOIN)

Price: $1.4224-hour loss: 15.06 percent

Virtuals Protocol (VIRTUAL)

Price: $2.6224-hour loss: 12.73 percent

Jupiter (JUP)

Price: $0.771824-hour loss: 12.11 percent

Official Melania Meme (MELANIA)

Price: $3.3824-hour loss: 11.57 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin is trading at $102,200 as investors turn to book profits at higher levels. After its rally to a new ATH, Bitcoin is likely to be trading range-bound between $100k and $109k until the month end with investors looking towards the FOMC meeting outcome for direction. On the