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Highlights
- Bitcoin market shows extreme greed sentiment, analyst reveals, although price holds $105K.
- Ethereum and Solana maintained a trading session in the green zone.
- Besides, meme coins DOGE, SHIB, and the crypto XRP also witnessed a bullish intraday action.
The crypto prices today have raised optimistic speculations among traders and investors globally, embarking on an upward trajectory. While Bitcoin (BTC) price traded above the $105K level on Friday, leading altcoins have also shown pumping actions. Notably, Ethereum (ETH) and Solana (SOL) traded dominantly in the green zone, whereas XRP and meme coins like DOGE also mimicked a bullish movement.
Simultaneously, the global crypto market cap witnessed a 4% jump over the past day, reaching $3.64 trillion as of press time. Further, the total market volume witnessed a notable 40% uptick from yesterday, reaching $202.98 billion.
Here’s a brief report on some of the most renowned cryptocurrencies and their price action on January 24.
Crypto Prices Today: Bitcoin & Altcoins Flag Mixed Signals
Notably, BTC and top alts such as Ether and SOL have traded in the green, gaining 3%-6% intraday. Moreover, XRP and meme coins such as DOGE and Shiba Inu have also gained roughly 2% in value today. Overall, the bullish price movements underscored a highly optimistic trend prevailing across the broader crypto sector, with market watchers speculating over future price movements.
Bitcoin Price Today At $105K
BTC price recorded gains worth 3% in the past 24 hours and is currently trading at $105,432. The flagship crypto’s 24-hour low and high were $101,257.80 and $106,820.33, respectively. Notably, BTC price traded in the green alongside soaring optimism in light of heightened market interest in the asset. CoinGape reported that Semler Scientific revealed a $75M convertible notes offering in an effort to expand its Bitcoin strategy.
However, top crypto analyst Ali Martinez has recently posted on X, spotlighting immense greed taking over the Bitcoin market. Altogether, the current market stats have sparked uncertain speculations over the asset’s future trajectory.
Ethereum Price Today Up 6%
ETH price chart illustrated a 6% surge in the past 24 hours and is currently trading at $3,403. The cryptocurrency’s intraday low and high were registered as $3,184.07 and $3,417.07, respectively.
A recent ETH price analysis by CoinGape reveals that the token struggles to surpass the $3,500 mark amid severe market concerns prevailing in light of the Ethereum Foundation’s selloffs. Market watchers continue to eye short-term volatility amid these selloffs, driven by uncertain investor sentiments.
XRP Price Soars 4%
XRP price also showcased a pumping movement, up nearly 4% in the past 24 hours to $3.19. The token’s broader chart showcases a period of sideways trading, with the intraday low and high being $3.04 and $3.20, respectively.
Despite the recent slumping action, a recent XRP price analysis by CoinGape revealed that the crypto eyes a $5 price target in the wake of bullish market dynamics. Intriguingly, the coin’s potential upside includes a stockpile of catalysts, encompassing a potential Ripple ETF approval, XRP futures launch by CME, and RLUSD adoption.
Solna Price Sees 9% Uptick
SOL price chart indicated a rollercoaster ride, with the asset ultimately taking a bullish trajectory. As of press time, SOL price gained nearly 9% and is sitting at $265. The coin’s intraday low and high were $242.50 and $266.52, respectively.
A recent SOL price analysis by CoinGape revealed that the token could potentially rally to $300 ahead, given the market sees a Solana ETF approval.
Meme Crypto Prices Today
Simultaneously, DOGE price was up by nearly 3% in the past 24 hours to reach $0.3623. Further, even SHIB price surged nearly 3% intraday, reaching $0.0000204. However, the TRUMP token crashed 4% and stood at $34.37. Overall, the broader meme coin sector has seen remarkable bullish trends, with some volatility in the past 24 hours.
Top Crypto Gainer Prices Today
Ondo (ONDO)
Price: $1.48
24-hour Gain: +17%
LidoDAO (LDO)
Price: $2.08
24-hour Gain: +19%
Jupiter (JUP)
Price: $0.8537
24-hour Gain: +9%
KuCoin Token (KCS)
Price: $12.16
24-hour Gain: +6%
Top Crypto Loser Prices Today
ai16z (AI16Z)
Price: $0.8148
24-hour Loss: -14%
Fartcoin (FARTCOIN)
Price: $1.23
24-hour Loss: -14%
THORChain (RUNE)
Price: $2.78
24-hour Loss: -11%
XDC Network (XDC)
Price: $0.1112
24-hour Loss: -10%
Despite the current price turbulence, broader sentiments surrounding crypto prices’ future appear to be optimistic. MicroStrategy lead Michael Saylor has recently posted on X, stating, “The Crypto Renaissance has officially begun.”
This statement has sparked considerable bullishness, coming against the backdrop of Donald Trump’s recent pro-crypto movers, including the recent rescinding of SAB 121.
- Senate Banking Committee Releases Updated Draft Crypto Market Structure Bill
- Michael Saylor’s Strategy Fails To Make S&P 500 Listing, MSTR Stock Drops
- Solana Treasury Company SOL Strategies Gets Approval To List On Nasdaq
- Fidelity, Grayscale, VanEck Dump Ethereum Amid ETH Price Crash
- Ethereum Treasury Firm SharpLink Confirms Compliance Amid Nasdaq Oversight
- Chainlink Price Eyes $55 as Reserve Holdings Jump With 43,937 LINK Addition
- Cardano Price Targets 30% Surge as Top Economist Calls for Fed Cut
- ETH Price Forecast as Grayscale’s Covered Call Ethereum ETF Spurs Optimism — Is $8,500 in Sight?
- Bitcoin Price Prediction as SEC Unveils Agenda for Crypto Regulation — Is $200K Next?
- ONDO Price Prediction Amid Bitget Collaboration on Tokenized Stocks and ETFs: Is $2 Next?
