The crypto costs at the moment exhibited blended reactions, with Bitcoin (BTC) rebounding to $101K after reaching a excessive of $106K earlier. The international highlight is on former U.S. President Donald Trump, who will formally start his presidential marketing campaign at the moment. Adding intrigue, Trump launched a meme coin two days earlier than the occasion, with “TRUMP Coin” surging by 55% within the final 24 hours. Melania Trump additionally joined the development, unveiling her meme coin (MELANIA) at the moment, which skyrocketed by an astounding 2000% after launch.
Despite these developments, the worldwide crypto market cap fell by roughly 4%, standing at $3.48 trillion. Trading quantity, nonetheless, noticed exponential development, rising by 74% to $336 billion. Here’s a more in-depth have a look at among the top cryptocurrencies and their costs at the moment, January 20.
Crypto Prices Today: BTC, ETH, SOL, and XRP Decline Amid Market Volatility
The cryptocurrency market at the moment noticed main property dealing with downward stress. Bitcoin (BTC) dropped by 2.6%, now buying and selling at $101K, whereas Ethereum (ETH) fell by 3%. XRP confronted a sharper decline, down by 4%, and Solana (SOL) led the losses with a 7% dip.
Cardano co-founder Charles Hoskinson recently highlighted that 78.5% of President-elect Donald Trump’s $29.6 billion internet price is linked to cryptocurrency. This revelation provides a novel twist to the continued market developments.
Bitcoin Price Today: BTC Holds Above $101K Amid Market Turbulence
Bitcoin value at the moment was buying and selling at $101,944, with a 24-hour low of $99,591 and a excessive of $106,428. The market cap stood at $2.02 trillion, reflecting Bitcoin’s continued dominance within the crypto market. According to SoSo Value data, Bitcoin ETFs recorded a big weekly influx of $887 million final week, showcasing sustained institutional curiosity regardless of latest market fluctuations.
Ethereum Price Today: ETH Drops 3% as Market Volatility Continues
Ethereum value at the moment was buying and selling at $3,266, reflecting a 3% decline over the past 24 hours. Its 24-hour high and low had been $3,131 and $3,448, respectively. ETH ETFs skilled a weekly influx of $188 million, indicating investor confidence in Ethereum’s long-term potential regardless of short-term value corrections.
XRP Price Today: XRP Down 4%, Still Up 25% Over the Week
XRP value at the moment was buying and selling at $3.10, marking a 4% drop within the final 24 hours. Its 24-hour high and low had been $2.90 and $3.255, respectively. Despite this dip, XRP stays up by a powerful 25% over the previous week, showcasing robust market efficiency.
In a notable improvement, an XRP whale transferred $95 million price of tokens forward of President-elect Donald Trump’s inauguration. This vital transfer has sparked curiosity amongst traders, additional highlighting XRP’s energetic buying and selling dynamics.
Solana Price Today
Solana value at the moment was buying and selling at $239, reflecting a 7% decline within the final 24 hours. Its 24-hour high and low had been $231 and $294, respectively, highlighting vital volatility in latest buying and selling classes.
Top Cryptocurrency Gainer Prices Today
As per crypto costs at the moment, listed below are the highest 5 crypto gainers over the past 24 hours:
OFFICIAL TRUMP (TRUMP)
Price: $44.17
24-hour Gain: +61%
Melania Meme (MELANIA)
Price: $8.70
24-hour Gain: +19%
Fartcoin (FARTCOIN)
Price: $1.98
24-hour Gain: +13.69%
DeXe (DEXE)
Price: $17.93
24-hour Gain: +3%
UNUS SED LEO (LEO)
Price: $9.74
24-hour Gain: +2.15%
Top Cryptocurrency Loser Prices Today
As per crypto costs at the moment, listed below are the highest 5 crypto losers over the past 24 hours:
ai16z (AI16Z)
Price: $0.83
24-hour Loss: -26%
Sonic (prev. FTM) (S)
Price: $0.53
24-hour Loss: -21%
dogwifhat (WIF)
Price: $1.43
24-hour Loss: -19%
Pudgy Penguins (PENGU)
Price: $0.024
24-hour Loss: -17%
Floki (FLOKI)
Price: $0.0001398
24-hour Loss: -17%
Meme Crypto Prices Today
Top meme coins have proven bearish momentum following the launch of Trump and Melania’s meme cash. Dogecoin (DOGE) dropped by 10% and is buying and selling at $0.3626, whereas Shiba Inu (SHIB) fell by 9% to $0.00002055.
Other notable meme cash like PEPE, BONK, and WIF are down by 15% to 18% within the final 24 hours, with liquidity flowing towards the newly launched Trump Coin and Melania Meme Coin, which surged in value.
The hourly chart additionally signifies a consolidation part, as Bitcoin fell from $106K to $101K. Major altcoins are following the same development, and it stays to be seen how the market will react after Donald Trump’s presidential inauguration. Crypto costs at the moment proceed to mirror this uncertainty.
Coingape Staff
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Disclaimer: The introduced content material might embody the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any duty in your private monetary loss.
