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Crypto prices were in the green on Friday as Bitcoin (BTC) regained the $104,000 mark.
The global cryptocurrency market cap has gone up over 2, reaching $3.59 trillion.
The total crypto market volume over the last 24 hours is $204.21 billion, marking a 39.79% increase. Trading volumes for stablecoins account for $187.52 billion, or 91.83%, of the total market volume.
The sentiment today is boosted by a series of pro-crypto moves from President Donald Trump, including the recent withdrawal of SAB 121, which has contributed to a more positive outlook for the sector.
Bitcoin (BTC) price today
Bitcoin (BTC) recorded a 2.45% gain over the last 24 hours, trading at $104,454.00 at the time of writing.
The cryptocurrency’s 24-hour low and high were $101,257.80 and $106,820.33, respectively.
Trading volume for the coin was up over 75% at over $101 billion.
Bitcoin’s dominance stands at 57.69%, reflecting a 0.23% increase over the day.
Ethereum (ETH) price today
Ethereum (ETH) has surged close to 5% in the past 24 hours, currently trading at $3,367.24, with intraday low and high prices of $3,188.61 and $3,365.65.
Despite the recent uptick, ETH has faced challenges breaking the $3,500 mark, largely due to concerns over sell-offs by the Ethereum Foundation.
Analysts are predicting continued volatility, with investor sentiment playing a crucial role in the short-term outlook for ETH.
XRP and SOL prices today
XRP has seen a 1% gain in the past 24 hours, now priced at $3.16. The broader chart shows sideways trading, with an intraday low and high of $3.04 and $3.17, respectively.
Despite recent price pressure, XRP is still being eyed for a potential rally, with catalysts such as a possible Ripple ETF approval, XRP futures launch by CME, and RLUSD adoption supporting a bullish outlook.
Solana (SOL) has exhibited a volatile intraday price movement, initially fluctuating between red and green territories.
As of press time, SOL is up by 4.6%, trading at $259.66, with intraday lows and highs of $242.50 and $259.66.
Analysts are eyeing potential price movements to $300 if the market sees a Solana ETF approval.
Meme coins continue to stay volatile
The meme coin market continued to remain jittery with Dogecoin (DOGE) gaining 0.55% to $0.3553 and Shiba Inu (SHIB) raising nearly 2%, reaching $0.00002022.
The TRUMP token also saw a 9% drop, now priced at $33.93. Pudgy Penguins (PENGU) was also down over 3% at $0.02427. Trading volume for the coin was down 18%.
Top crypto gainers and losers
The top crypto gainers today include Mantle (MNT), which rose by 15% to $1.24.
Jupiter (JUP) also gained over 11%, trading at $0.8582. KuCoin Token (KCS) posted a 9% rise, pushing its price to $12.41.
On the losing side, ai16z (AI16Z) dropped 9% to $0.8582, alongside Fartcoin (FARTCOIN), which also fell 5.60%, reaching $1.35.
Broader crypto price action
Litecoin (LTC) has seen a 2.52% increase in the last 24 hours, currently trading at $115.87.
NEAR Protocol (NEAR) has seen a slight 0.06% decrease over the past day, currently trading at $4.97.
Loopring (LRC) is currently trading at $0.1675, registering a 1.40% decrease in the last 24 hours.
Ondo (ONDO) has experienced a 6.93% increase in the past 24 hours, trading at $1.35.
Ontology (ONT) is currently trading at $0.2192, registering a 0.26% increase in the last 24 hours.
Monero (XMR) has experienced a 4.92% drop in the past 24 hours, trading at $214.43.
NEM (XEM) is currently trading at $0.02395, registering a 1.49% increase in the last 24 hours.
Nano (XNO) is currently trading at $1.13, registering a 2.71% decrease in the last 24 hours.
Lisk (LSK) is currently trading at $0.8774, registering a 0.28% increase in the last 24 hours.
OKB (OKB) has seen a 2.89% increase over the past day, currently trading at $54.82.
Neo (NEO) has shown a slight 1.24% increase over the past 24 hours, currently trading at $14.10.
Notcoin (NOT) has experienced a 2.93% drop in the past 24 hours, trading at $0.004969.
Numeraire (NMR) is currently trading at $12.84, registering a 0.41% increase in the last 24 hours.
Nervos Network (CKB) has seen a 1.19% decrease over the past day, currently trading at $0.00928.
Loom Network (LOOM) is currently trading at $0.0555, registering a 0.41% decrease in the last 24 hours.
OMG Network (OMG) is currently trading at $0.3232, registering a 0.66% decrease in the last 24 hours.
MultiversX (EGLD) has seen a 1.07% increase over the past day, currently trading at $30.61.
NULS (NULS) is currently trading at $0.3338, registering a 0.55% increase in the last 24 hours.
Linear Finance (LINA) is currently trading at $0.003932, registering a 0.81% increase in the last 24 hours.
MonaCoin (MONA) is currently trading at $0.275, registering a 1.01% increase in the last 24 hours.
Ocean Protocol (OCEAN) is currently trading at $0.5307, registering a 1.11% decrease in the last 24 hours.
The post Crypto prices on Jan 24: BTC jumps above $104K, ETH surges 5% appeared first on Invezz