The worth of Bitcoin rose above $23,500 at 4 p.m. UTC on Jan. 29. That worth introduced the asset’s market cap above $452 billion.The change represents a 3.65% improve from the asset’s lowest worth at this time ($22,157). Bitcoin’s value gained practically $1,350 by that measure.BTC-USDToday’s motion represents a five-month excessive, because the crypto asset is approaching $24,000 for the primary time since August 2022.Bitcoin moreover noticed $32 million in whole liquidations, over 75% quick liquidations.Ethereum, in the meantime, is up 5,7% over 24 hours, whereas your complete cryptocurrency market is up a extra modest $40 billion over the identical interval. The worldwide crypto market cap has now remained over $1 trillion for eight consecutive days, the longest time since June 2022.On the time of press, Bitcoin is ranked #1 by market cap and the BTC value is up 3.32% over the previous 24 hours. BTC has a market capitalization of $458.31 billion with a 24-hour buying and selling quantity of $27.35 billion. Be taught extra › $23,775.61 3.32percentBTCUSD Chart by TradingView Bitcoin On-Chain AnalysisMarket summaryAt the time of press, the worldwide cryptocurrency market is valued at at $1.08 trillion with a 24-hour quantity of $52.18 billion. Bitcoin dominance is presently at 42.39%. Be taught extra › Journalist at CryptoSlateMike skilled in library and knowledge sciences earlier than shifting into crypto writing in 2018. He lives on the West Coast of Canada. Join your pockets, commerce with Orion Swap Widget.Straight from this Widget: the highest CEXs + DEXs aggregated by way of Orion. No account, international entry.Disclaimer: Our writers’ opinions are solely their very own and don’t replicate the opinion of CryptoSlate. Not one of the data you learn on CryptoSlate ought to be taken as funding recommendation, nor does CryptoSlate endorse any undertaking that could be talked about or linked to on this article. Shopping for and buying and selling cryptocurrencies ought to be thought of a high-risk exercise. Please do your individual due diligence earlier than taking any motion associated to content material inside this text. Lastly, CryptoSlate takes no accountability do you have to lose cash buying and selling cryptocurrencies.