Follow up to the hour updates on what is happening in crypto today, January 09. Market movements, crypto news, and more!
Author
Jai Pratap
Author
Jai Pratap
Part of the Team Since
Jun 2023
About Author
Jai serves as the Asia Desk Editor for Cryptonews.com, where he leads a diverse team of international reporters. Jai has over five years of experience covering the web3 industry.
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
The crypto market extended its downturn over the past 24 hours, with most sectors trading lower as risk sentiment weakened. Real-world asset (RWA) tokens led losses, falling nearly 4%, while Bitcoin slipped 0.37% to the $91,000 level and Ethereum dropped over 2% to around $3,100. The sell-off comes as Bitcoin inflows back into centralized exchanges resumed, with more than 1,100 BTC moving onto CEXs in the past day, often viewed as a potential signal of increased selling pressure.
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Jai serves as the Asia Desk Editor for Cryptonews.com, where he leads a diverse team of international reporters. Jai has over five years of experience covering the web3 industry.
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