The wider cryptocurrency market is facing another day of volatility and selling on Jan. 7 as (BTC) bears managed to break bull support at $42,000. The price of Bitcoin was pushed to a daily low of $40,620 before resources were exhausted.
Data from Cointelegraph Markets Pro shows that four of the top seven gainers of the day are part of the growing Cosmos Hub. This ecosystem currently uses the Interblockchain Communication protocol (IBC) to facilitate interoperability and communication between connected networks.
Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets ProIRIS/USDT 4-hour chart. Source: TradingViewVORTECS™ Score (green) vs. SCRT price. Source: Cointelegraph Markets Pro 4-hour chart. Source: TradingViewVORTECS™ Score (green) vs. ATOM price. Source: Cointelegraph Markets Pro
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