On January 7th, the price of Bitcoin soared past the $100K mark after a fortnight, causing an overall bullish trend in the crypto market. This surge was mirrored by other significant coins like XDC Network, which saw an 8% rise over the last day, and Bittorrent (BTT) with its 7% increase. The global cryptocurrency market capitalization jumped about 2%, reaching a value of $3.59 trillion. The trading volume skyrocketed by nearly half, now sitting at $133 billion. The Fear and Greed Index currently stands at 66, reflecting a sense of market greed. Let’s explore the prices of the leading cryptocurrencies on January 7th.
Crypto Prices Today: BTC, ETH, XRP, and SOL Show Steady Gains
1) In the last 24 hours, Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Solana (SOL) have seen increases ranging from 1% to 2%. Simultaneously, a moderator for a Canadian cryptocurrency forum declared he had gone into hiding due to an alleged kidnapping and torture attempt. The assailants are said to have thought that the individual possessed a substantial amount of Bitcoin.
Bitcoin Price Today
Today’s Bitcoin price stood at approximately $101,173, representing a 3% upward leap in the past 24 hours. The lowest point within this period was around $98,682, while it peaked at $102,680. As a result, Bitcoin’s total market capitalization soared to an impressive $2 trillion, and its trading volume skyrocketed to a whopping $50.6 billion.
Based on the latest data from Farside Investors, I’ve observed a significant inflow of approximately $769 million into Bitcoin Exchange-Traded Funds (ETFs). Leading this surge was Fidelity with a substantial investment of around $370 million. Close behind were Ark and 21Shares, who collectively invested around $152 million, while Grayscale followed suit with an investment of $148 million. At present, we’re eagerly waiting for BlackRock to disclose their data.
Ethereum Price Today
Today’s Ethereum price is currently at $3,685, marking a 1% rise over the past 24 hours. Its lowest and highest prices in that timeframe were $3,621 and $3,742 respectively. Also, ETH-focused exchange-traded funds experienced an influx of approximately $4.6 million, with Fidelity handling all the recent purchases.
XRP Price Today
Today’s crypto market reveals that XRP is currently trading at approximately $2.40, which is slightly above its previous day’s value. Over the past 24 hours, the price of XRP has fluctuated between $2.375 and $2.454. Furthermore, Ripple CEO Brad Garlinghouse expressed his view that the current $11 billion valuation of XRP appears outdated in light of increasing demand and prices due to rising interest in the digital asset.
Solana Price Today
Today’s Solana price stood at approximately $216, marking a 1% rise over the past 24 hours. Its lowest point during this period was $213, while it peaked at $222. The total market capitalization soared to an impressive $104 billion, with trading volume amounting to around $3.28 billion.
Top Crypto Gainer Prices Today
XDC Network
Today, the XDC price stood at approximately 10.2 cents, demonstrating an impressive 8% rise over the past 24 hours. Its lowest and highest points during this period were 9.57 cents and 10.51 cents respectively. The market capitalization for XDC currently stands at a staggering $1.5 billion, with a trading volume of approximately $69 million within the same timeframe.
BitTorrent
Today, the price of BTT saw significant growth, increasing by approximately 7% over the past 24 hours. At the moment, it was being traded at roughly 0.00000125 USD. The market capitalization surpassed $1.27 billion, while the trading volume for this period amounted to around $117 million.
Worldcoin
Today, the WLD price experienced an increase of 6%, currently standing at $2.588. Over the past 24 hours, its lowest point was $2.414 and the highest was $2.792. The market capitalization for WLD reached a staggering $2.24 billion, with a trading volume of $719 million during this period.
Top Crypto Loser Prices Today
Fartcoin
Today, Fartcoin experienced the most significant decline among cryptocurrencies, falling 15% to reach a price of $1.139. Its lowest point during the last 24 hours was $1.133, while its highest was $1.39. The total market capitalization is currently estimated at $1.14 billion, with a trading volume of approximately $122 million. Based on current trends and analysis by CoinGape experts, there’s a possibility that Fartcoin could climb to $2 in the near future, as there are signs of an impending rebound in the crypto market.
Ethena
Today, the ENA price dropped around 8% and is currently at $1.154. Its lowest point in the past 24 hours was $1.142, while its highest was $1.25. The market capitalization reached an impressive $3.51 billion, with a trading volume of $474 million.
Fantom
Today, the price of FTM has dropped approximately 7% to reach a current level of $0.77. Its lowest point in the last 24 hours was $0.766, while its highest was $0.8283.
Additionally, within an hourly timeframe, Bitcoin and most prominent altcoins exhibited a minimal decrease of nearly 1%, except for Fartcoin which dropped by 3%. Meanwhile, Movement (MOVE) experienced an increase of around 2% in the same period. In summary, today’s crypto market is demonstrating varied trends across different cryptocurrencies.
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2025-01-07 06:48