Cryptocurrency market today is bullish, with Bitcoin rallying to $98K from $92K in a single surge. The rally comes as Bitcoin marks its 16th anniversary. Internet Computer (ICP) and EOS became the top gainers for today, each recording a 15% price surge. Most of the top 20 altcoins traded in the green over the last 24 hours.
The global cryptocurrency market cap rose by 2.31%, reaching $3.49 trillion. Trading volume also grew by 2%, now at $123 billion. The Fear and Greed Index hit 60, up from 50 last week, reflecting growing market optimism.
Bitcoin (BTC) price rallied to $98K, showing strong bullish momentum. Ethereum (ETH), XRP, and Solana (SOL) also gained, with most major cryptos trading in the green. The cryptocurrency prices today reflect a stable upward trend across key digital assets.
Bitcoin price was trading at $98,267, up 1.26% in the last 24 hours. Its 24-hour low and high were $96,079 and $99,003, respectively. MicroStrategy announced plans to raise more capital for additional Bitcoin purchases, boosting investor confidence.
BTC ETF saw a significant inflow of $908 million on Jan 3. Fidelity led the purchases with $356 million, followed by Ark & 21Shares at $222 million, Bitwise at $61 million, and Grayscale at approximately $9 million. BlackRock contributed $253 million to the inflows. Crypto prices today continue to reflect strong interest in Bitcoin investments.
Ethereum (ETH) price was trading at $3,596, reflecting a 4% increase in the last 24 hours. Its 24-hour low and high were $3,422 and $3,628, respectively. ETH’s market cap stands at $433 billion, with a trading volume of $21 billion over the past 24 hours.
According to SoSo Value data, ETH ETF recorded an inflow of $58.9 million. Fidelity led the purchases with $27 million, while Grayscale sold $2 million worth of ETH ETFs.
XRP price was trading at $2.47, showing a 2% increase over the last 24 hours. Its 24-hour low and high were $2.40 and $2.50, respectively. The trading volume saw a 12% drop, now standing at $6 billion.
SOL price was trading at $216, marking a 5% rise in the last 24 hours. Its 24-hour low and high were $206 and $217, respectively. Rumors of an airdrop for Solana Phantom Wallet users have sparked excitement within the community, driving positive sentiment. The cryptocurrency prices today shows increasing interest in Solana, contributing to its strong performance.
The meme cryptocurrency market today displayed strong momentum, with most top meme coins trading in the green. Dogecoin (DOGE) surged by 14% and was trading at $0.39, while Shiba Inu (SHIB) saw a 9% rise over the last 24 hours. Other notable meme coins like BONK, PEPE, and WIF gained between 5% to 15%. However, Pudgy Penguins (PENGU) bucked the trend and remained in the red, making it one of the few exceptions in the meme coin rally.
ICP price was trading at $12.39, reflecting a significant 15% surge in the last 24 hours. Its 24-hour low and high were $10.80 and $12.53, respectively. The market cap stands at approximately $6 billion, with a trading volume of $315 million.
EOS price was trading at $0.93, showing a notable 15% rise in the last 24 hours. Its 24-hour low and high were $0.81 and $0.95, respectively.
FTX Token (FTT) emerged as the worst performer today, dropping 9% in the last 24 hours. Its 24-hour low and high were $3.43 and $3.82, respectively. Meanwhile, FTX has begun the process of distributing funds to creditors under its Chapter 11 Plan of Reorganization, signaling progress in the ongoing recovery efforts.
VIRTUAL price was the second-worst performer today, slipping by 6% in the last 24 hours. Its 24-hour low and high were $4.117 and $4.43, respectively. The market cap stands at $4.18 billion, with a trading volume of $468 million.
Besides this, the hourly chart shows bullish momentum, with Bitcoin and major altcoins trading upward in the last hour. Analysts from Coingape reported that 2025 is expected to be the year of ETFs, sparking discussions on which crypto ETF will secure approval first.
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