Crypto Market Today Jan 25: Cryptocurrency costs right this moment have proven notable resiliency, with BTC and prime cash primarily stopping a downfall. While Bitcoin’s value held on the $105K stage because the week got here to an in depth, Ethereum, Solana, and XRP additionally managed to stay within the inexperienced territory.
Simultaneously, the worldwide crypto market cap jumped almost 1% over the previous day to relaxation at $3.58 trillion on Saturday. However, merchants look like cautious amid the broader market turbulence, as flagged by a 34% lower within the intraday international market buying and selling quantity. Meanwhile, meme cash like Dogecoin, Shiba Inu, and PEPE additionally gained roughly 1% intraday. AI cash similar to NEAR, ICP, and FIL additionally adopted, mimicking positive factors.
So, let’s delve deeper into a few of the most attention-nabbing cryptocurrencies for the day and their value actions on January 25.
Crypto Market Today: Market Resilient As BTC, ETH, XRP Prevent Downfall
Despite the broader market volatility brewing in latest days, Bitcoin and prime property have prevented value downturns, though they’re shifting sideways and consolidating. Notably, BTC, ETH, XRP, and SOL costs had been up almost 1% from yesterday. Whereas, meme cash additionally witnessed an uptick of roughly 2% intraday. Also, the AI Coins sector noticed NEAR, ICP, and FIL mimic an identical pumping motion.
Flagship Crypto At $105K Amid Broader Market Turbulence
As of press time, BTC price indicated a virtually 1% bounce in worth and is resting at $105,063. The flagship crypto’s 24-hour low and excessive had been $103,805.97 and $107,098.55, respectively. Looking on the broader value chart, it may be seen that the asset is presently shifting sideways, flagging a consolidation interval. Nevertheless, Bitcoin’s dominance rose by 0.20% from yesterday, reaching 57.84%.
Notably, the flagship crypto consolidates and prevents a fall regardless of $1.24 billion price of inflows into the spot Bitcoin ETFs, as per weekly data by SosoValue for Jan 23. Crypto market watchers proceed to watch the token for additional value shifts amid market uncertainty.
Ethereum Price At $3,300 Level
ETH value witnessed a slight 0.5% uptick on the time of reporting and was buying and selling at $3,320. The cryptocurrency’s 24-hour low and excessive had been $3,270.27 and $3,424.90, respectively. Even the broader value chart for Ethereum underscores a interval of consolidation. This sideways buying and selling session comes regardless of $130.14 million weekly inflows into the Ethereum ETFs as of Jan 23.
Meanwhile, crypto analyst Ali Martinez has just lately posted on X, revealing that whales bought over 1.14 million ETH within the final 48 hours. Nevertheless, merchants and traders look like not sure of future actions amid the broader market turbulence.
XRP Price Above $3
XRP price additionally witnessed a bounce of almost 0.5% up to now 24 hours and is presently buying and selling at $3.13. The Ripple-backed crypto’s intraday low and excessive had been $3.09 and $3.20, respectively. Intriguingly, XRP seems to be mimicking the broader market development, with its weekly chart pointing to a consolidation.
Solana Price Holds Above $250
Further, SOL value witnessed a marginal 0.2% bounce as of press time, resting at $252. The coin’s 24-hour low and excessive had been $248.35 and $269.81, respectively. Market watchers proceed to eye the token amid broader developments, similar to stablecoin big Circle’s fixed minting of USDC on the Solana community. Lookonchain revealed on Saturday that Circle minted one other 250 million USDC on the community.
Meme Crypto Market Shows Potential
Simultaneously, DOGE value witnessed a virtually 2% value upswing up to now 24 hours and is presently buying and selling at $0.3524. SHIB value noticed a pump of over 1% in worth intraday, reaching $0.00002. Also, PEPE value rose by 1.5% over the previous day and is sitting at $0.00001503. However, different tokens similar to TRUMP, BONK, and PENGU have traded dominantly within the crimson zone right this moment.
AI Cryptos Pump
Also, main AI cash have witnessed exceptional value positive factors intraday. NEAR value soared almost 2% up to now 24 hours and is presently buying and selling at $4.99. Further, ICP value additionally adopted, up by 2% to $9.20. Moreover, FIL value soared over 2% to achieve $5.07. Overall, the AI cryptocurrency market has garnered important consideration because it showcased bullish potential regardless of the broader market turbulence.
Top Crypto Market Gainers Today
GateToken (GT)
Price: $25.57
24-hour Gains: +11%
LidoDAO (LDO)
Price: $2
24-hour Gains: +9%
Ondo (ONDO)
Price: $1.45
24-hour Gains: +9%
KuCoin Token (KCS)
Price: $13.27
24-hour Gains: +7%
Top Crypto Market Losers Today
Official Trump (TRUMP)
Price: $29.06
24-hour Loss: -11%
SPX6900 (SPX)
Price: $1.19
24-hour Loss: -7%
Fartcoin (FARTCOIN)
Price: $1.23
24-hour Loss: -6%
dogwifhat (WIF)
Price: $1.31
24-hour Loss: -5%
Meanwhile, amid the broader crypto market volatility, analyst Ali Martinez’s latest X post has raised extreme issues amongst merchants and traders globally. “There won’t be an alt season,” the analyst acknowledged on Saturday.
Notably, this bearish prediction comes towards the backdrop of the rising variety of alt tasks available in the market, which seems to have impacted the provision dynamics. Ali states that “today, there are over 36.4 million altcoins, compared to fewer than 3,000 altcoins during the 2017-2018 alt season and even fewer than 500 altcoins in 2013-2014.” As a consequence, speculations of no alts season have additionally prevailed throughout the sector.
Coingape Staff
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Disclaimer: The introduced content material might embrace 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 in your private monetary loss.
