The price of Bitcoin reached a high of $96,000 but quickly dropped by several thousand dollars. Other altcoins such as Ethereum, SOL, and ADA also experienced significant declines in value. Despite starting the new year with a plunge to $91,300, Bitcoin managed to recover slightly to $96,000 before dropping again. The overall market capitalization of cryptocurrencies has decreased, with Bitcoin's dominance remaining strong at 54.3%. Many altcoins, including Chainlink, SUI, HBAR, and APT, have experienced significant price drops, while XRP and some others have seen minor gains. The total crypto market cap is currently at $3.4 trillion.



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