Bitcoin Falls Towards $3,550 as Top Cryptos See Moderate to Major Losses

Sunday, Jan. 20 — all the top 20 cryptocurrencies are seeing moderate to major losses in the 24 hours to press time. Bitcoin’s (BTC) price is nearing $3,550 again, according to Coin360 data.

Market visualization

Market visualization from Coin360

At press time, Bitcoin is down over 4 percent on the day, trading at around $3,587. Looking at its weekly chart, the current price is lower than $3,673, the price of Bitcoin on last Sunday.

Bitcoin 7-day price chart

Bitcoin 7-day price chart. Source: CoinMarketCap

Ripple (XRP) is down over 3 percent on the day, trading at around $0.321 at press time. On the weekly chart, the current price is lower than $0.332, the price at which XRP started the week — and also lower than $0.337, the midweek high reported on Jan. 14.

Ripple 7-day price chart

Ripple 7-day price chart. Source: CoinMarketCap

Ethereum (ETH) has seen its value decrease by over 4 percent over the last 24 hours. At press time, ETH is trading at almost $119, having started the day around $125. On the weekly chart, Ethereum’s current value is lower than $125, the price of the coin seven days ago.

Ethereum 7-day price chart

Ethereum 7-day price chart. Source: