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  • Daily Price Analysis of Bitcoin, Atrium, Solana, Dodge Coin – January 21 Summary

Daily Price Analysis of Bitcoin, Atrium, Solana, Dodge Coin – January 21 Summary

 تاریخ انتشار :
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  Bitcoin

TL; DR failed

  • The global crypto market continues to decline. The loss in the last 24 hours has reached 9.19%.
  • There is no change in the mood of Bitcoin, which loses 8.75% in 24 hours.
  • The situation of Atrium is no different from Bitcoin, the losses of the last 24 hours have reached 11.05%.
  • Solana and Dogecoin are also on the losing list. The losses are 10.94% and 5.99%, respectively.

The market is falling sharply. The recurrence of this situation affected the market in December 2021 and then the beginning of 2022. This change is evident from the depreciation of the market, which has reached its lowest level after the withdrawal of investors. These effects have diminished in increasing investor confidence, which is deadly for the market.

Although there are new investments in the market, there is a downward trend in prices due to the outflow of investments. The entry of large groups such as Meta, Twitter, Microsoft, etc. into the market is a symbol of market change that is based on decentralization. If these large companies enter the market, they will damage the Chinese blockchain systems that work decentrally.

The market may continue to decline in value, which in recent days has reached unprecedented heights due to increased confidence. Therefore, market experts referred to this change as a step in correcting the price of Bitcoin and other names. If this situation continues, it may determine the new value of Bitcoin and other leading coins.

Here is a brief overview of Bitcoin, Atrium and some of the other major coins on the market.

Bitcoin is falling sharply

The President of El Salvador had decided to take advantage of the growing unrest in the market. The result was a $ 15 million purchase of bitcoin. He believes that with the resurgence of bitcoin, it will help the economy grow. Under the current circumstances, however, Bitcoin continues to lose due to sales.

Daily Price Analysis of Bitcoin, Atrium, Solana, Dodge Coin - Summary January 21 21
Source: TradingView

The current state of bitcoin tells a story full of misery. According to the latest updates, Bitcoin has lost 8.75% in 24 hours, while its price has dropped to $ 36,411.57. The market is going through hard times due to the decline in investor confidence. The latest drop in January has deprived investors of their capital and may continue.

The current market value of Bitcoin is about $ 689,707,327,140, ​​while the loss of the last seven days has reached 15.41%. Bitcoin has crossed the red line and if it continues like this, it may not be able to save itself from falling. If Bitcoin falls, the whole market will be affected.

Bitcoin trading volume in the last 24 hours is estimated at $ 41,535,269,688.

The atrium follows a decline after a decline

Atrium is following in the footsteps of Bitcoin and has suffered heavy losses. Data from the last 24 hours show that 11.05% is lost. This is while the loss of the last seven days was 21.45%, which means a significant loss.

Daily Price Analysis of Bitcoin, Atrium, Solana, Dodge Coin - Summary 21 January 11
Source: TradingView

The current price of Atrium is around $ 2599.03, while it may be lower due to constant changes. Atrium’s current market value is estimated at $ 309,717,248,549.

The trading volume of the mentioned coin has also been affected by the continuous decline of the market. In the last 24 hours, trading volume was recorded at $ 26,584,429,886.

SOL decreases after the new drop

Solana is not in a different situation from other coins. Data from the last 24 hours show a loss of 10.94%. While the last seven days were no different, the loss reached 23.37%. The current price of the coin is in the range of $ 112.39.

Daily Price Analysis of Bitcoin, Atrium, Solana, Dodge Coin - Summary January 21 12
Source: TradingView

The current market value of this coin is about $ 35,275,908,285. The coin’s trading volume was also affected by the downtrend and was estimated at $ 3,540,900,375. As can be seen from the losses of the past few days, Solana’s chart shows the trend of continuous losses.

DOGE needs its savior

Dodge Quinn had a tremendous performance for the market in the previous tough days. This time, he suffers again and may continue if Ilan Mask does not save him. The data of the last 24 hours tell a different story, because in the last 24 hours it has lost 5.99%. At the same time, the loss of the last seven days reaches 23.13%.

Daily Price Analysis of Bitcoin, Atrium, Solana, Dodge Coin - Summary January 21 13
Source: TradingView

The current market value of the coin is about $ 19,057,393,635, while the trading volume in the last 24 hours is estimated at $ 1,129,435,326.

Final Thoughts

The market is facing new downturns with the total market value falling to $ 1.70 trillion, which has seen losses of more than $ 1 trillion in the past few months. Losses may continue as long as there is a long-term positive change. There are several reasons for the decline in market value. If the market needs to revive, common problems must be solved, and if that does not happen, its value will be diminished.

Investors feel that their capital in the market is not safe due to the continuing downward trend.