On January 19, major cryptocurrencies fell, with GameFi assets experiencing the sharpest drops, while select tokens like FRAX, RIVER, and DASH posted strong gains.
On January 19, the cryptocurrency market recorded widespread losses of 2%–9%, with GameFi tokens taking the biggest hit. GameFi declined 8.58%, led by Immutable (IMX) down 10.76%, The Sandbox (SAND) down 11.18%, and Gala (GALA) down 12.76%. Bitcoin fell 2.89% below $93,000, and Ethereum dropped 3.18% under $3,200. In contrast, FRAX surged 31.97%, RIVER gained 26.40%, and DASH rose 10.32%.