As of Sunday, January 12, 2024, the cryptocurrency market is experiencing significant volatility, with the total value of the crypto economy standing at $3.31 trillion.
Weekend and Year-to-Date Trends in the Crypto Market
To conclude the weekend, theta fuel (TFUEL) emerged as the top-performing cryptocurrency, registering a 12.29% increase against the U.S. dollar. Following closely, kucoin token (KCS) saw a gain of 4.76%, and peanut the squirrel (PNUT) recorded a 4.37% increase.
In contrast, ai16z (AI16Z) experienced the largest decline of the day, plummeting by 15.77%, while aixbt (AIXBT) dropped by 14.15%. Bio protocol (BIO) suffered a decline of 13.17%, with virtual protocol (VIRTUAL) trailing at 11.44%.
Among the top ten cryptocurrencies, dogecoin (DOGE), cardano (ADA), and tron (TRX) faced declines of 3.25%, 2.98%, and 3.97% respectively. Excluding stablecoins, all of the top ten assets ended the weekend in negative territory.
AKUMA/USDT on January 12, 2025.
However, the year-to-date (YTD) performance for 2025 tells a different story. Akuma inu (AKUMA) leads the pack as the best-performing cryptocurrency of the year, boasting an increase of 135%. Freysa ai (FAI) follows with an 84.62% rise, while xinfin (XDC) has advanced by 40.47% against the U.S. dollar.
BIO/USDT on January 12, 2025. – BIO has been the worst-performing cryptocurrency asset in 2025 so far.
Destra network (DSYNC) has gained 27.93%, with stellar (XLM) slightly behind at 27.31%. Additionally, spx6900 (SPX) has risen 24.34% so far this year. On the other end of the spectrum, bio protocol (BIO) has been the worst-performing cryptocurrency this year, experiencing a loss of 54.57%.
Ai16z (AI16Z) has declined by 36.22%, and chex token (CHEX) has depreciated by 35.85%. Goatseus maximus (GOAT) is down 33.42%, virtual protocol (VIRTUAL) has declined by 31.82%, and aixbt (AIXBT) has lost 28.13%, while ftx token (FTT) has fallen by 26.66%.
Bitcoin (BTC) has shown a modest year-to-date gain of 1.01%, while ethereum (ETH) has slipped by 2.03%.
XRP stands out with a rise of 20.9%, while BNB has seen a marginal decline of 1.17%. Solana (SOL) has experienced a slight decrease of 0.23% in January, whereas DOGE has increased by 6.2%.
ADA has increased by 15.5%, while TRX has declined by 8.3%. Avalanche (AVAX) has edged up by 2%, with SUI posting a gain of 14.7%. However, TON has recorded a loss of 3.6% year-to-date.
