On January 31, the cryptocurrency market experienced significant fluctuations in the prices of various coins. Several cryptocurrencies showed considerable gains during daily trading, including NOT, which rose by 4.80 percent to approximately $0.000504. STX increased by 2.46 percent to reach $0.291, while STRK closed at $0.0616, marking a 2.29 percent rise. JUP and FLOW also recorded modest gains, with JUP priced at $0.207 and FLOW at $0.0665. Conversely, some cryptocurrencies saw price declines. AXS dropped by about 8.86 percent to $1.953, and ZRO fell 6.95 percent to $1.822. ENJ, ILV, and HBAR also experienced decreases of 3.37 percent, 3.06 percent, and 2.33 percent respectively. These market fluctuations are influenced by global economic conditions, investor sentiment, and technical factors. Such volatility is common, and investors are advised to exercise caution, as sudden price changes can lead to financial losses or gains. Currently, some cryptocurrencies appear stable while others are more volatile, with future investment trends and technological developments likely to play a key role.
Source: binance
