Highlights
Today, crypto prices turned bullish as Bitcoin reached the $100K mark after two weeks. Major altcoins also rose, with XDC Network gaining 8% in the last 24 hours, and Bittorrent (BTT) surging 7%. The global crypto market increased by approximately 2%, reaching $3.59 trillion. Trading volume spiked by 45%, now standing at $133 billion. The Fear and Greed Index shows 66, indicating greed in the market. Let’s look at the top cryptocurrencies and their prices on January 7.
BTC, ETH, XRP, and SOL have all gained between 1% to 2% in the past 24 hours. Meanwhile, a Canadian crypto forum moderator claimed he was forced into hiding following an alleged kidnapping and torture attempt. The attackers reportedly believed he held a large Bitcoin stash.
Bitcoin price today was trading at $101,173, marking a 3% increase in the last 24 hours. BTC’s 24-hour low was $98,682, while its high touched $102,680. Bitcoin’s market cap reached $2 trillion, and its trading volume surged to $50.6 billion.
As per Farside Investors data, BTC ETFs witnessed an inflow of $769 million. Fidelity led the buying spree with $370 million, followed by Ark & 21Shares purchasing $152 million, and Grayscale investing $148 million. BlackRock’s data is still awaited.
Ethereum price today was trading at $3,685, registering a 1% increase in the last 24 hours. Its 24-hour low and high stood at $3,621 and $3,742, respectively. ETH ETFs recorded an inflow of $4.6 million, with Fidelity accounting for the entire purchase.
Crypto prices today show XRP trading at $2.40, slightly higher than yesterday. Its 24-hour range was between $2.375 and $2.454. Also, Ripple CEO Brad Garlinghouse said the $11 billion valuation seems outdated due to rising XRP demand and prices.
Solana price today was trading at $216, showing a 1% increase in the last 24 hours. Its 24-hour low and high were $213 and $222, respectively. The market cap reached $104 billion, with a trading volume of $3.28 billion.
XDC price today was trading at $0.102, marking an 8% increase in the last 24 hours. Its 24-hour low and high were $0.0957 and $0.1051, respectively. The market cap reached $1.5 billion, with a trading volume of $69 million.
BTT price was the second-top gainer today, rising 7% in the last 24 hours. It was trading at $0.00000125. The market cap reached $1.27 billion, with a trading volume of $117 million.
WLD price was up by 6%, trading at $2.588. Its 24-hour low and high were $2.414 and $2.792, respectively. The market cap reached $2.24 billion, with a trading volume of $719 million.
Fartcoin price today was the worst performer, dropping 15% to trade at $1.139. Its 24-hour low and high were $1.133 and $1.39, respectively. The market cap stands at $1.14 billion, with a trading volume of $122 million. According to CoinGape analysts, Fartcoin could reach $2 soon, as crypto prices today suggest a potential rebound.
ENA price today was down by approximately 8%, trading at $1.154. Its 24-hour low and high were $1.142 and $1.25, respectively. The market cap reached $3.51 billion, with a trading volume of $474 million.
FTM price was down by 7%, trading at $0.77 today. Its 24-hour low and high were $0.766 and $0.8283, respectively.
Besides this, the hourly chart for Bitcoin and major altcoins showed a decline of less than 1%, with Fartcoin down by 3% in the last hour. However, Movement (MOVE) was up by approximately 2% in the last hour. Crypto prices today are showing mixed movement across the market.
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