Crypto markets pulled back slightly on Friday morning, Jan. 16, giving up some recent gains after a short-lived rally earlier this week.
As of press time, Bitcoin (BTC) was trading around $94,700, down about 1.2% on the day, after reaching over $96,900 in the past 24 hours. Despite the downturn, BTC is still up over 4% on the week, rising out of the holiday doldrums.
Total crypto market capitalization fell to roughly $3.3 trillion, slipping 1.7% on the day.
To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
