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Crypto Price Today: Bitcoin, Ethereum and most other tokens edge lower

SUMMARY

Crypto Price Today: Most cryptocurrencies fell on Friday. The global crypto market cap stood at $818 billion, with a volume of $27.3 billion in the past 24 hours.

By Asmita Pant  Jan 6, 2023 11:01:51 AM IST (Updated)

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Bitcoin | The world's largest and most popular virtual currency, Bitcoin, traded nearly flat at $16,827.5. Its market value stood at $324.5 billion. The trade volume was at $13.6 billion.

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"Bitcoin consolidated below the $17,000 level as market volatility remained high following the recent FOMC’s minutes. BTC’s immediate support lies at the $16,800 level. And the resistance lies at $16,900 and then $17,000. However, a clear move above the $17,000 level might create a sense of confidence among the bulls to move further," said Edul Patel, CEO and Co-Founder of Mudrex.

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