Crypto Price Today: Bitcoin near $23K; Litecoin, Polygon up over 3%

economictimes.indiatimes.com:

BTC volume in the last 24 hours stood at approximately $24.05 billion, rising 16.78% in the last 24 hours. «In the past 24 hours, Bitcoin has been fluctuating between $22,800 and $23,000. Despite a small dip, the token remained within its recent trading range and close to its new year high. BTC has risen by a good amount this year due to investor confidence. However, a surprisingly strong employment report on Friday has caused some concern among market participants,» said Edul Patel, CEO and Co-Founder of Mudrex. The global cryptocurrency m-cap was trading around $1.07 trillion, rising 0.8% in the last 24 hours.

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The total volume in DeFi is currently $4.95 billion, 10.05% of the total crypto market 24-hour volume. The volume of all stablecoins is now $44.29 billion, which is 89.94% of the total crypto market 24-hour volume. The price of Bitcoin, the world's largest cryptocurrency, was around $442 billion, with a dominance of about 41.46%, according to CoinMarketCap. «Current selling pressure on Bitcoin (BTC) may result in a drop to $22,400. Potential for price moving upside, if pressure subsides and $23,400 is broken,» Sathvik Vishwanath, Co-Founder CEO of Unocoin, said. Crypto Cart: Quick

(Source: coinmarketcap.com, data as of 12.04 hours, IST on February 07, 2023)