
Crypto prices were in the green on Friday as Bitcoin (BTC) recaptured the $104,000 mark.
The global cryptocurrency market cap has increased by more than 2% to reach $3.59 trillion.
The total crypto market volume in the last 24 hours is $204.21 billion, representing an increase of 39.79%. The trading volume of stablecoins is $187.52 billion or 91.83% of the total market volume.
Sentiment was boosted today by several pro-crypto moves including from President Donald Trump Recent return of SAB 121Which has contributed to a more positive outlook for the sector.
Bitcoin (BTC) price today
Bitcoin (BTC) is up 2.45% over the past 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.
The coin’s trading volume increased by more than 75% to more than $101 billion.
Bitcoin dominance is at 57.69%, which represents an increase of 0.23% over the day.
Ethereum (ETH) price today
Ethereum (ETH) is up nearly 5% in the last 24 hours, currently trading at $3,367.24, with intraday low and high prices at $3,188.61 and $3,365.65.
Despite the recent rally, ETH has faced challenges in breaking the $3,500 mark, mainly due to concerns over selling by the Ethereum Foundation.
Analysts are predicting continued volatility, with investor sentiment playing a key role in the short-term outlook for ETH.
XRP and SOL prices today
XRP has seen a 1% gain in the last 24 hours, now priced at $3.16. The broader chart shows sideways trading with intraday lows and highs of $3.04 and $3.17 respectively.
Despite the recent price pressure, XRP is still eyeing a potential rally, with catalysts such as potential Ripple ETF approval, XRP futures launch by CME, and RLUSD adoption supporting a bullish outlook.
Solana (SOL) has displayed a volatile intraday price movement, initially fluctuating between the red and green zones.
At press time, SOL is up 4.6%, trading at $259.66, with intraday lows and highs of $242.50 and $259.66.
If the Solana ETF is approved by the market, analysts are eyeing a potential price rise to $300.
Meme coins remain unstable
The meme coin market continues to be volatile, with Dogecoin (DOGE) up 0.55% at $0.3553 and Shiba Inu (SHIB) up nearly 2% at $0.00002022.
TRUMP token also saw a decline of 9%, now priced at $33.93. Pudgy Penguin (PENGU) was also down more than 3% at $0.02427. The coin’s trading volume was down by 18%.
Top Crypto Gainers and Losers
Top crypto gainers today include Mental (MNT), which rose 15% to $1.24.
Jupiter (JUP) is also trading up more than 11% at $0.8582. KuCoin token (KCS) recorded a rise of 9%, bringing its price to $12.41.
On the downside, ai16z (AI16Z) fell 9% to $0.8582, with Fartcoin (FARTCOIN) also falling 5.60% to $1.35.
broad 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 decrease of 0.06% over the past day, currently trading at $4.97.
Loopring (LRC) is currently trading at $0.1675, with a decrease of 1.40% over the last 24 hours.
Ondo (ONDO) is up by 6.93% over the last 24 hours and is trading at $1.35.
Ontology (ONT) is currently trading at $0.2192, up 0.26% over the last 24 hours.
Monero (XMR) is down 4.92% over the last 24 hours and is trading at $214.43.
NEM (XEM) is currently trading at $0.02395, up 1.49% over the last 24 hours.
NANO (XNO) is currently trading at $1.13, a decrease of 2.71% over the last 24 hours.
Lisk (LSK) is currently trading at $0.8774, up 0.28% over the last 24 hours.
OKB has seen an increase of 2.89% over the past day, currently trading at $54.82.
Neo (NEO) has shown a slight increase of 1.24% over the last 24 hours, currently trading at $14.10.
Notecoin (NOT) is down by 2.93% over the last 24 hours and is trading at $0.004969.
Numeraire (NMR) is currently trading at $12.84, up 0.41% over the last 24 hours.
Nervos Network (CKB) has seen a 1.19% drop over the past day, currently trading at $0.00928.
Loom Network (LOOM) is currently trading at $0.0555, with a decrease of 0.41% over the last 24 hours.
OMG Network (OMG) is currently trading at $0.3232, down 0.66% over the last 24 hours.
MultiverseX (EGLD) has seen an increase of 1.07% over the past day, currently trading at $30.61.
NULS (NULS) is currently trading at $0.3338, up 0.55% over the last 24 hours.
Linear Finance (LINA) is currently trading at $0.003932, up 0.81% over the last 24 hours.
Monacoin (MONA) is currently trading at $0.275, up 1.01% over the last 24 hours.
Ocean Protocol (OCEAN) is currently trading at $0.5307, with a decrease of 1.11% over the last 24 hours.
Post Crypto prices on January 24: BTC surges above $104K, ETH rises 5% first appeared on Invez