Data based on crypto asset market prices on Bittime.com on January 12 2024, 12.00 WIB

Bitcoin Price Today fell 1.20 percent over the last 24 hours making it trade at the level of 45,677 US dollars. 

The majority of the crypto market today is moving into the red zone. ETH fell 0.83 percent, trading at 2595 US dollars. Other assets such as BNB also experienced a decline of 1.61 percent, bringing the price to 307.52 US dollars. SOL also fell 2.30 percent over the last 24 hours and is currently at the level of 98.40 US dollars.

The next crypto, ADA fell 1.51 percent, making it trade at 0.576 US dollars. 

Overall, today's Crypto Fear and Greed Index based on the Alternative.me page shows 71. This is a sign that the market is still in the greed phase or is optimistic about the current economic conditions and crypto industry.

Source: Cryptorank

Best coin performance and significant price increases on Bittime:

1. Sui (SUI) rose 18.39%
2. Bitcoin Cash (BCH) up 14.61%
3. Perpetual Protocol (PERP) up 13.99%
4. Tezos (XTZ) up 13.27%
5. Ethereum Name Service (ENS) up 10.03%

The following is a detailed explanation of each cuan coin today. 

1. Sui (SUI)

• Increase percentage: 18.39%
• Sector: Layer-1
• Market Capitalization: IDR 18.7 T
• Market : SUI/IDR

Sui (SUI) is a promising crypto project, designed as a next-generation blockchain platform. Developed by Mysten Labs, Sui focuses on scalability, security, and high transaction efficiency. The main technology used is Move, a new programming language developed specifically for Sui, which offers high security and flexibility in the development of decentralized applications ( dApp ). 

Sui stands out with its unique architecture that allows processing transactions in parallel, unlike conventional blockchains that operate sequentially. This allows Sui to handle very large transaction volumes without sacrificing speed or costs.

Source: Bittime.com

Check today's SUI/IDR price chart and the crypto market as a whole in real-time on Bittime.

2. Bitcoin Cash (BCH)

• Increase percentage:14.61%
• Sector: Layer-1, Marketplace Medium of Exchange, Enterprise Solutions, Payments
• Market Cap: 87 T
• Market : BCH/IDR

Bitcoin Cash (BCH) is a cryptocurrency that was created as a result of a fork of Bitcoin in 2017. This fork was carried out to overcome some of the scalability problems faced by Bitcoin, with the main aim of increasing the number of transactions that can be processed by the network. 

The main difference between Bitcoin Cash and original Bitcoin is the block size: Bitcoin Cash has a larger block size, which was originally 8 MB and has been increased to 32 MB, compared to Bitcoin's 1 MB. This increase in block size allows Bitcoin Cash to process transactions more quickly and with lower fees, making it a more practical choice for everyday transactions.

Source: Bittime.com

Check today's BCH/IDR price chart and the entire crypto market in real-time on Bittime.

3. Perpetual Protocol (PERP)

• Increase percentage: 13.99%
• Sectors: DEX, DeFi, Derivatives
• Market Capitalization: R1.46 T
• Market : PERP/IDR

Perpetual Protocol (PERP) is a DeFi platform that offers decentralized derivatives trading with high leverage. This platform allows users to speculate on the price of crypto assets without requiring physical ownership of the assets. 

One of its main features is the ability to trade futures contracts without expiration dates, giving traders more flexibility. Perpetual Protocol stands out because it uses a unique liquidation system and efficient trading mechanisms to reduce risk and increase liquidity.

Source: Bittime.com

Check today's PERP/IDR price chart and the crypto market as a whole in real-time on Bittime.

4. Tezos (XTZ) 

• Increase percentage: 13.27%
• Sectors: NFT, DeFi
• Market Capitalization: IDR 15.95 T
• Market : XTZ/IDR

Tezos (XTZ) is a blockchain platform focused on smart contracts and decentralized applications (dApps), similar to Ethereum. However, Tezos stands out with several unique features, especially its decentralized governance mechanism and its ability to adopt technical changes without needing to fork the network. 

This platform was created with the aim of overcoming some of the problems that exist in other blockchains, such as Bitcoin and Ethereum, especially around decision-making processes and technical upgrades.

Source: Bittime.com

Check today's XTZ/IDR price chart and the entire crypto market in real-time on Bittime.

5. Ethereum Name Service (ENS)

• Increase percentage: 38.09%
• Sectors: DAO, Governance, Web3
• Market Capitalization: IDR 10.3 T
• Market : ENS/IDR

Ethereum Name Service (ENS) is a crypto project that provides blockchain-based domain services, similar to the DNS system on the conventional internet. ENS allows users to associate easy-to-remember names, such as 'username.eth', with complex and hard-to-remember Ethereum addresses. This simplifies the process of sending and receiving crypto assets, as users only need to know the ENS name instead of a long address. ENS also supports storing other metadata, such as email addresses or telephone numbers, as well as digital identities. 

In addition to its basic function of simplifying Ethereum addresses, ENS also plays an important role in the Web3 ecosystem, where identity and ownership are decentralized and open. ENS operates as a decentralized service, unlike centralized DNS systems, giving its users full control over the domains they own. This reinforces the principle of decentralization that is at the core of blockchain and Ethereum technology.

Source: Bittime.com

Check  today's  ENS/IDR price chart and the crypto market as a whole in real-time on Bittime.

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DISCLAIMER : This article is informational in nature and is not advice, recommendation, offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time. Bittime is not responsible for changes in exchange rates or crypto asset prices.