- Bitcoin surges to $99,727.67, gaining 3.51% with $56.37B trading volume, reflecting strong investor confidence and activity.
- Ethereum jumps 6.79% to $3,437.94, driven by $25.68B in trades, showcasing robust demand and bullish momentum in the market.
- XRP spikes 11.76% to $2.98 with $19.09B volume, fueled by strong market sentiment, possibly linked to Ripple’s legal progress.
January 2025 has ignited a bullish rally in the U.S. crypto market as Bitcoin nears $100K, Ethereum gains momentum, and XRP surges on positive sentiment
Bitcoin(BTC) Nears $100K as Investor Confidence Fuels a 3.51% Daily Rally
Source: Coinmarketcap
Bitcoin’s price movement over 24 hours showed a strong upward trend with a 3.51% gain, culminating at $99,727.67. The trading volume over 24 hours is $56.37 billion, contributing to a market cap of $1.97 trillion. Bitcoin’s fully diluted valuation (FDV) stands at $2.09 trillion, with a circulating supply of 19.81 million BTC out of the maximum supply of 21 million. The data indicates growing investor confidence and increased trading activity, with a high volume-to-market cap ratio of 2.85%.
Ethereum(ETH) 6.79% Surge Sparks Optimism with Market Activity at New Heights
Source: Coinmarketcap
Ethereum (ETH) price surging to $3,437.94 with a significant daily increase of 6.79%. Ethereum’s market cap stands at $414.26 billion, accompanied by a 24-hour trading volume of $25.68 billion, indicating heightened investor activity with a 7.49% growth in volume. The circulating supply of ETH is 120.49 million, representing the full total supply. The price movement in the chart depicts a stable trend during the early hours, followed by a slight dip, and a sharp bullish recovery later in the day, reflecting strong upward momentum and market demand.
XRP(XRP) 11.76% Jump Reflects Ripple’s Momentum Amid Strong Trading Volume
Source: Coinmarketcap
XRP price today started at $2.89 and closed at $2.98, showing a 1-day appreciation of 11.76%. Market capitalization reached for $171.21 bln with total trading volume of $19.09 bln during the last 24 hours, which increased by 119.16%,”which signifies increased trade. The circulating supply is 57.49 billion XRP, total supply is 99.98 billion XRP. The price momentum appears strong, with consistent upward movements and minor dips, suggesting positive market sentiment, potentially influenced by Ripple’s legal victory or other significant news in cryptocurrency.
Solana(SOL) Climbs 8.65% as Market Interest and Ecosystem Growth Drive Demand
Source: Coinmarketcap
Solana (SOL) has been significantly experiencing upward movement, trading at $203.01, representing an 8.65% gain. The trading volume increased substantially by 31.97% to $3.83 billion, indicating strong market activity and interest. The market cap rose correspondingly to $98.36 billion, reflecting investor confidence. The circulating supply of 484.5 million SOL remains consistent, with the price momentum suggesting heightened demand, likely driven by positive sentiment or fundamental developments in the Solana ecosystem.
