The crypto costs noticed bullish momentum at this time, with Bitcoin (BTC) crossing the $100K mark as soon as once more. Major altcoins have additionally carried out effectively, with XRP reaching an all-time excessive of $3.1. Fartcoin (FARTCOIN) emerged as the highest gainer, leaping 28% within the final 24 hours.
The international crypto market rose by 3.7%, touching a major milestone of $3.5 trillion. Trading quantity additionally surged by 25%, reaching $158 billion. The optimistic sentiment is predicted to proceed as buyers await key financial information this week.
Here’s an outline of some high cryptocurrencies and their costs at this time on Jan 16.
Crypto Prices Today: BTC, ETH, XRP, and SOL Show Strong Gains
Crypto costs at this time continued their bullish run, with Bitcoin (BTC) rising 3% to cross the $100K mark. Ethereum (ETH) recorded a 5% soar, whereas XRP surged 8% to hit an all-time excessive. Solana (SOL) additionally gained 8%, reflecting sturdy market sentiment. In extra information, Oklahoma proposed the Bitcoin Reserve Act as anticipation grows for Trump’s pro-crypto presidency in 2025.
Bitcoin Prices Today
Bitcoin costs at this time are buying and selling at $99,558, with a 24-hour low of $96,518 and a excessive of $100,798. BTC’s market cap is nearing the $2 trillion mark, at the moment standing at $1.97 trillion.
According to SoSo Value data, BTC ETFs noticed an influx of $723 million on Wednesday. Fidelity led the inflows with a $463 million buy. Meanwhile, Ark and 21Shares added $138 million, with BlackRock’s ETF influx information nonetheless awaited.
Ethereum Price Today
Ethereum value at this time was buying and selling at $3,363, marking a 5% enhance within the final 24 hours. Its 24-hour high and low stood at $3,186 and $3,473, respectively.
ETH ETFs recorded an influx of $40 million, with Fidelity contributing $29 million to the purchases. Additionally, Ethereum co-founder Vitalik Buterin highlighted Soneium as a promising Layer-2 answer, enhancing Ethereum’s scalability and person expertise.
XRP Price Today
XRP crypto value skyrocketed at this time, hitting a brand new all-time excessive of $3.17. At the time of writing, it was buying and selling at $3.01, marking an 8% enhance within the final 24 hours. XRP’s market cap surged to $173 billion, reflecting sturdy investor curiosity and bullish momentum within the crypto market.
Solana Price Today
As a part of the general bullish pattern in crypto costs at this time, Solana’s value at this time was buying and selling at $202 with an 8% enhance within the final 24 hours. SOL recorded a 24-hour low of $186 and a excessive of $206, indicating regular progress amid rising market sentiment.
Top Cryptocurrency Gainer Prices Today
As per crypto costs at this time, listed here are the highest 5 crypto gainers over the past 24 hours:
Fartcoin (FARTCOIN): Price $1.23, 24-hour acquire 28%
Virtuals Protocol (VIRTUAL): Price $3.67, 24-hour acquire 27%
XDC Network: Price $0.1326, 24-hour acquire 17%
Litecoin (LTC): Price $119, 24-hour acquire 16.2%
Lido DAO (LDO): Price $2.09, 24-hour acquire 15%
These tokens led the market when it comes to good points, highlighting important curiosity and progress within the altcoin sector.
Movement (MOVE) was the one coin within the high 100 that was down by 2.5% within the final 24 hours. It was buying and selling at $0.80, with a 24-hour low of $0.79 and a excessive of $0.83. Despite the minor decline, MOVE stays inside a slender buying and selling vary, indicating some stability available in the market.
Crypto Market Updates Today
- The US SEC has filed an attraction in opposition to the district court docket’s ruling on Ripple’s XRP gross sales, claiming that each one transactions qualify as securities beneath the Howey Test.
- Justin Sun has launched USDD 2.0, providing a 20% APY, backed by Tron DAO reserves.
- The BitMEX crypto alternate acknowledged that the $100 million fine imposed by US Judge John G. Koeltl is decrease than the quantity initially requested by the federal government.
Besides this, the hourly chart additionally appears to be like optimistic, with Bitcoin (BTC) and main altcoins within the inexperienced. Algorand (ALGO) turned the highest performer within the final hour, gaining 1.2%.
As we observe crypto costs at this time, the market reveals sturdy momentum, reflecting optimistic sentiment throughout main cryptocurrencies. Stay tuned for extra updates on the newest developments and value actions within the crypto house.
Coingape Staff
CoinGape includes an skilled workforce of native content material writers and editors working around the clock to cowl information globally and current information as a reality relatively than an opinion. CoinGape writers and reporters contributed to this text.
Disclaimer: The introduced content material might embody the private opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any duty on your private monetary loss.
