Cryptocurrencies traded in the red early on January 17. The global cryptocurrency market cap is $2.07 trillion, a 0.29 percent increase over the last day. The total crypto market volume over the last 24 hours is $64.37 billion, which makes a 3.98 percent increase. The total volume in DeFi is currently $10.53 billion, 16.35 percent of the total crypto market 24-hour volume. The volume of all stable coins is now $49.43 billion, which is 76.79 percent of the total crypto market 24-hour volume. Bitcoin's price is currently above Rs 34 lakh, and its dominance over other cryptocurrencies over the past 24 hours is currently 39.35 percent. This is a decrease of 0.15 percent over the day.