The crypto costs as we speak have proven outstanding power, primarily embarking on upward trajectories. Bitcoin (BTC) value crossed the $105K stage amid renewed market curiosity post-Donald Trump’s inauguration, while Ethereum (ETH), XRP, and Solana (SOL) have traded dominantly within the inexperienced. Further, the meme coin sector has stolen the highlight as DOGE, SHIB, and different high meme tokens reversed their earlier value dips. Also, TRUMP and AI16Z tokens have led the pack, surging 20-30%.
Simultaneously, the worldwide crypto market cap witnessed a 3% uptick in worth, reaching $3.64 trillion. However, the whole market buying and selling quantity from yesterday fell 36% to $202.11 billion.
So, let’s take a better have a look at among the top cryptocurrencies and the way they’re delivering available in the market as we speak.
Crypto Prices Today: Market Gains Traction After Donald Trump’s Inauguration
The broader crypto market has proven a bullish motion two days after Donald Trump took workplace on Monday. BTC value gained almost 3%, whereas ETH, SOL, and XRP pumped 2%-8% subsequently. Also, meme cash akin to DOGE, SHIB, and PEPE witnessed positive aspects value 4%-8% intraday. Here’s a short overview of among the high crypto costs as we speak, January 22.
Bitcoin Price Near $106K Amid Bullish Crypto Market
At the time of reporting, BTC value indicated positive aspects value 3% up to now 24 hours and is at present buying and selling at $105,750. The flagship crypto’s 24-hour high and low have been $101,002.39 and $107,180.92, respectively. Notably, as per high crypto analyst Ali Martinez, Bitcoin whales have bought 22,000 BTC amid the token’s current waning motion up to now 72 hours. The huge shopping for, value $2.24 billion value of cash, has additional projected bullishness on future value actions.
SosoValue data indicated that Bitcoin ETFs registered $140.64 million value of inflows as of January 21, excluding BlackRock information. This influx has added to market optimism surrounding the flagship digital asset. However, it’s additionally value mentioning that Bitcoin’s dominance slipped 0.19% over the previous day, reaching 57.52%.
Ethereum Price Soars 2%
ETH value witnessed a acquire of barely over 2% up to now 24 hours and is at present sitting at $3,333. The coin’s intraday high and low have been $3,210.82 and $3,365.78, respectively. According to cryptocurrency market fanatic “Crypto Caesar,” ETH is prepared for an explosion, which has sparked noteworthy optimism surrounding the coin’s future actions.
Also, U.S. spot Ethereum ETFs witnessed $18.11 million in inflows as of yesterday, excluding BlackRock information. Overall, the present market dynamics stay bullish for the second-largest crypto by market cap.
XRP Price Holds $3
XRP value has maintained a maintain above the $3 mark, hovering over 2% intraday to succeed in $3.17. The coin’s 24-hour high and low have been registered as $3.02 and $3.23, respectively. Notably, the crypto continues to replicate a extremely bullish sentiment, as additionally asserted by a current XRP price analysis through CoinGape. The coin’s stats point out that short-term volatility could also be skilled, though the possibilities of hitting the $4.4 mark prevail.
Solana Price Shoots Up 7%
Simultaneously, SOL value has surged 7% up to now 24 hours and is at present buying and selling at $254. Its intraday high and low have been $231.68 and $259.83, respectively. Notably, Solana continues to see rising reputation amid President-elect Donald Trump’s TRUMP token launch on the community.
Meme Crypto Prices Today
On the opposite hand, meme cash have nabbed fairly the investor consideration, embarking upon vital bullish actions. DOGE price witnessed positive aspects value over 8% up to now 24 hours and is at present buying and selling at $0.3727. SHIB value surged over 4% to succeed in $0.00002078. Even PEPE value soared over 5% to commerce at $0.00001601.
Meanwhile, the current discuss of the crypto area, TRUMP token, shot up by 21% to succeed in $41.02. Intriguingly, AI16Z has additional emerged among the many high crypto market gainers for the day.
Top Crypto Gainers Prices Today
AI16Z
Price: $1.15
24-hour Gains: +30%
Sonic (prev. FTM)
Price: $0.6024
24-hour Gains: +20.5%
Hyperliquid (HYPE)
Price: $23.93
24-hour Gains: +14%
VeChain (VET)
Price: $0.05119
24-hour Gains: +14%
Top Crypto Losers Prices Today
Fartcoin (FARTCOIN)
Price: $1.60
24-hour Loss: -7%
Jupiter (JUP)
Price: $0.8671
24-hour Loss: -4%
Pudgy Penguins (PENGU)
Price: $0.02346
24-hour Loss: -3%
AIOZ Network (AIOZ)
Price: $0.8478
24-hour Loss: -$0.8478
Overall, the market’s gradual restoration after Donald Trump’s presidential inauguration has sparked hope amongst merchants and traders globally. Further, with Donald Trump pardoning Silk Road‘s Ross Ulbricht, market participants have rejoiced as the 47th president is keeping promises made previously. Notably, with Ross’ arrest earlier, 173,991 Bitcoins have been seized by the Federal Government, value $33.6 Million then and $18.3 Billion as we speak. Given that the U.S. authorities additional decides to maneuver this huge quantity, the market may see a big affect forward.
Coingape Staff
CoinGape includes an skilled group of native content material writers and editors working around the clock to cowl information globally and current information as a truth quite than an opinion. CoinGape writers and reporters contributed to this text.
Disclaimer: The introduced content material might embrace 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 accountability to your private monetary loss.
