Crypto market steady at $3.22 trillion as Bitcoin consolidates near $95,300

The crypto market remained steady in mid-January with total market capitalization hovering around $3.22 trillion and Bitcoin consolidated near $95,000 level. The cryptocurrency was trading at $95,041 level.

In the past 24 hours, Bitcoin and Ethereum were down by 0.64% and 0.67% respectively. Among the major altcoins, XRP, Dogecoin were down by 0.69% and 1.89% respectively in the same period whereas BNB, Solana, Tron, Cardano, and Hyperliquid went up by over 1%.

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Riya Sehgal, Research Analyst, Delta Exchange said BTC is consolidating near $95,300, maintaining its bullish structure above the 20-day EMA at $95,000 and a breakout above $98,000 could…

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