NewsletterCrypto Prices Today Jan 30: BTC & Altcoins Recover After FOMC, XCN Up 30%
Highlights
- BTC price trades near $105K after the latest U.S. FOMC.
- The U.S. Federal Reserve has decided to keep interest rates unchanged.
- Meanwhile, the broader market recovered, with even altcoins mirroring optimism.
The crypto prices today, January 30, have brewed significant optimism among investors despite unchanged interest rates in the latest U.S. FOMC meeting. Bitcoin (BTC) price recovered to trade near the $105K level, whereas top altcoins such as Ethereum (ETH), Solana (SOL), and XRP also pumped in sync. Besides, Onyxcoin (XCN) emerged as the leading gainer on Thursday, surging nearly 30% intraday.
So, let’s take a closer look at some of the most buzzworthy coins for the day and how their prices are moving.
Crypto Prices Today: Market Recovers Post-US FOMC
Notably, the U.S. Federal Reserve has decided to keep the interest rates unchanged between the 4.25% and 4.5% range this FOMC meeting. Fed chair Jerome Powell has further conveyed that banks can serve the crypto sector if risks are managed properly.
Simultaneously, risk assets such as crypto have witnessed a positive momentum. BTC price gained nearly 3%, whereas ETH and XRP prices jumped almost 1% intraday. The global crypto market cap was up by 2.5%, reaching $3.55 trillion. Also, the global market volume surged 9% to $125.99 billion. Here’s a brief report on cryptocurrency prices today:
Bitcoin Price Crosses $105K Amid Crypto Market Recovery
At the time of reporting, BTC price witnessed a 3% uptick in value and is currently trading at $105,176. The coin’s 24-hour low and high were $101,427.85 and $105,303.91, respectively. Notably, BTC price recovered after a drop despite the unchanged interest rates this FOMC, as mentioned above.
Further, crypto analyst Ali Martinez revealed that around 70 entities holding more than 1,000 BTC have either left the network or redistributed their holdings since mid-December, sparking speculations surrounding large-scale investors’ trade maneuvers amid recent market trends.
Ethereum Price Today
ETH price witnessed a 2% gain over the past day and is currently trading at $3,194. The coin’s intraday low and high were $3,055.18 and $3,213.13, respectively. The cryptocurrency mimics the broader market trend at the moment.
However, according to analyst Ali Martinez, Ethereum’s MVRV has dropped below the 160-day MA again. This signals that a potential 40% correction looms, mirroring historical trends.
XRP Price Up 1%
Simultaneously, XRP price was up by 1% intraday and currently sits at $3.12. The coin’s 24-hour low and high were $2.98 and $3.13, respectively. XRP also mirrors the broader market trend while showcasing the potential for further gains. Rising star DeeSeep AI has predicted that XRP price could hit $30 shortly ahead.
SOL Price Today
Solana price witnessed a substantial 5% surge and is currently sitting at $241. The crypto’s intraday low and high were $222.92 and $240.89, respectively.
Meme Crypto Prices Today
Dogecoin price also witnessed a 1% uptick over the past day, reaching $0.3323 at the time of reporting. Further, Shiba Inu, TRUMP, and Pepe Coin soared 1%-6% in the past 24 hours. The meme coins sector gains alongside the broader cryptocurrency prices today.
Top Crypto Gainer Prices Today
Onyxcoin (XCM)
Price: $0.0354
24-Hour Gains: +30%
Hyperliquid (HYPE)
Price: $26.71
24-Hour Gains: +18%
Fartcoin (FARTCOIN)
Price: $0.9899
24-Hour Gains: +16%
Jito (JTO)
Price: $3.34
24-Hour Gains: +13%
Top Crypto Loser Prices Today
DeXe (DEXE)
Price: $16.71
24-Hour Loss: -12%
Pudgy Penguins (PENGU)
Price: $0.01535
24-Hour Loss:-6%
dogwifhat (WIF)
Price: $1.21
24-Hour Loss: -4%
Movement (MOVE)
Price: $0.815
24-Hour Loss: -3%
Moreover, amid the market recovery post-FOMC, crypto market expert Michaël van de Poppe has posted on X, sparking further optimism among investors over future movements. As per Michaël, if BTC price breaks $105,000, an ATH could be witnessed as soon as February. This projection ignited significant bullishness over the market’s long-term prospects.
Meanwhile, Litecoin emerged as another buzz on Thursday, witnessing a 15% price surge. Notably, this surge aligns with the U.S. SEC acknowledging Nasdaq’s 19b-4 filing for the Canary Litecoin ETF.
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Premium Partners
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- SEC Crypto Task Force Hosts Financial Privacy Roundtable Today: What to Expect
- Breaking: Kevin Warsh Now Favorite to Replace Powell After Hassett’s Fed Chair Bid Faces Pushback
- First Hyperliquid ETF Launch ‘Imminent’ as Bitwise Files Amended S-1 With SEC
- XRP News: Ripple’s RLUSD Eyes Wider Adoption as Stablecoin Expands to Coinbase’s L2 Base
- Breaking: Michael Saylor’s Strategy Buys 10,645 Bitcoin as Crypto Market Braces for Japan Rate Hike
- Is Ethereum Price Set for a Rebound as a Prominent Whale Accumulates $119M After the Dip?
- XRP Spot ETF Records Nearly $1B Inflows While BTC and ETH Bleed- Is A XRP Price Reversal Ahead?
- Bitwise SOL ETF Records 33 Days of Nonstop Inflows- Is A Recovery to $150 Possible?
- Will Bittensor Price Break Above $400 After First TAO Halving Tomorrow?
- Expert Predicts Bitcoin Price Crash to $75k as ETF Inflows Fall, Treasury Companies Plunge 83%
- HYPE Price Jumps 8% as Open Interest Hits $1.61B — Is $50 Next?
