Today’s cryptocurrency market showed a blend of responses, as Bitcoin (BTC) bounced back to $101K following a peak at $106K earlier. Meanwhile, the world is focusing on the commencement of former U.S. President Donald Trump’s presidential campaign. Intriguingly, Trump introduced a meme coin named “TRUMP Coin” just two days prior, and it has experienced a significant 55% increase in the past 24 hours. Adding to the excitement, Melania Trump entered the scene today by launching her own meme coin (MELANIA), which has seen an astonishing surge of 2000% since its debut.
In spite of these advancements, the total market value of cryptocurrencies dropped around 4%, settling at approximately $3.48 trillion. Interestingly, trading volume experienced significant increase, surging by 74% to reach $336 billion. Here’s a detailed breakdown of some leading cryptocurrencies and their current prices as of January 20th:
Even with these advancements, the overall crypto market fell by roughly 4%, landing at $3.48 trillion. However, trading volume skyrocketed, jumping by 74% to $336 billion. Let’s delve into some popular cryptocurrencies and their current prices for January 20:
Or simply:
Although these advancements took place, the global crypto market cap dropped by about 4%, standing at $3.48 trillion. Conversely, trading volume soared, expanding by 74% to $336 billion. A closer examination of top cryptocurrencies and their prices today reveals:
Crypto Prices Today: BTC, ETH, SOL, and XRP Decline Amid Market Volatility
Today, significant selling pressure affected key cryptocurrencies. Bitcoin (BTC) decreased by 2.6%, currently trading at approximately $101K, while Ethereum (ETH) slid by 3%. XRP experienced a steeper drop of 4%, and Solana (SOL) took the lead in losses with a 7% decrease.
Charles Hoskinson, one of Cardano‘s co-founders, pointed out that approximately 78.5% of President-elect Donald Trump’s $29.6 billion net worth is tied to cryptocurrency. This interesting detail sheds a fresh perspective on the current market trends.
Bitcoin Price Today: BTC Holds Above $101K Amid Market Turbulence
Today’s Bitcoin price fluctuated between $99,591 (24-hour low) and $106,428 (24-hour high), ultimately settling at $101,944. Its total market capitalization currently stands at a staggering $2.02 trillion, underscoring Bitcoin’s stronghold within the cryptocurrency sector. As per SoSo Value data, Bitcoin ETFs experienced a substantial weekly inflow of approximately $887 million last week, indicating robust institutional investment even amidst recent market turbulence.
Ethereum Price Today: ETH Drops 3% as Market Volatility Continues
Today’s Ethereum rate stood at approximately $3,266, marking a 3% drop compared to the previous 24 hours. During this period, its lowest and highest points were $3,131 and $3,448 respectively. The influx of $188 million into Ethereum-focused ETFs this week suggests that investors remain optimistic about Ethereum’s future prospects, even amidst temporary price adjustments.
XRP Price Today: XRP Down 4%, Still Up 25% Over the Week
Today’s XRP price stood at approximately $3.10, indicating a 4% decrease in the last 24-hour period. The lowest and highest points within this timeframe were $2.90 and $3.255 respectively. However, despite this short-term decline, XRP has exhibited robust market performance over the past week, boasting an impressive 25% increase.
Notably, a large XRP investor (often referred to as a ‘whale’) transferred approximately $95 million in tokens prior to President-elect Donald Trump’s inauguration. This substantial action has piqued the interest of investors, underscoring the lively trading activity associated with XRP.
Solana Price Today
Today’s Solana price stood at approximately $239, marking a 7% drop over the past 24 hours. The price fluctuated between $231 (24-hour low) and $294 (24-hour high), indicating a fair amount of market turbulence in recent trading periods.
Top Cryptocurrency Gainer Prices Today
As per crypto prices today, here are the top 5 crypto gainers over the last 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 prices today, here are the top 5 crypto losers over the last 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
After the introduction of Trump and Melania’s meme coins, there has been a downturn in the popular meme cryptocurrencies. Dogecoin (DOGE) has seen a decrease of 10%, currently trading at $0.3626, while Shiba Inu (SHIB) has dropped by 9% to $0.00002055.
In the past day, other popular meme tokens such as PEPE, BONK, and WIF have dropped by 15% to 18%. Instead, there’s a shift in liquidity towards the recently introduced Trump Coin and Melania Meme Coin, which have experienced a price increase.
The hourly graph suggests a period of consolidation, with Bitcoin dropping from $106,000 to $101,000. Many major cryptocurrencies seem to be mirroring this trend, and it’s yet to be determined how the market will respond following Donald Trump’s inauguration as president. Today, crypto prices still reflect this sense of uncertainty.
Read More
- 6 Best Mechs for Beginners in Mecha Break to Dominate Matches!
- One Piece 1142 Spoilers: Loki Unleashes Chaos While Holy Knights Strike!
- How to Reach 80,000M in Dead Rails
- Unlock the Ultimate Armor Sets in Kingdom Come: Deliverance 2!
- REPO: All Guns & How To Get Them
- Top 5 Swords in Kingdom Come Deliverance 2
- Unleash Willow’s Power: The Ultimate Build for Reverse: 1999!
- LUNC PREDICTION. LUNC cryptocurrency
- All Balatro Cheats (Developer Debug Menu)
- BTC PREDICTION. BTC cryptocurrency
2025-01-20 07:00