On Friday, Jan. 3, 2025, bitcoin’s valuation ascended decisively beyond the $98,000 mark, contributing to a 2.52% expansion in the broader cryptocurrency market over the preceding 24 hours. While bitcoin exhibited a notable advance, it was dogecoin (DOGE) and cardano (ADA) that emerged as the focal points among the top-tier digital assets.
From Bitcoin to Fartcoin: Friday’s Top Gainers Electrify the Crypto Scene
As the weekend draws near, the cumulative market capitalization of the crypto economy rests at an impressive $3.48 trillion. All ten leading cryptocurrencies by market valuation recorded gains on Friday. Bitcoin (BTC), the sector’s bellwether, appreciated by 1.2%, crossing the pivotal $98,000 threshold. Ethereum (ETH), however, outperformed its counterpart, rising 3.7% against the dollar. Meanwhile, XRP gained 2.06%, trading at 1 p.m. ET on Jan. 3.
Solana (SOL) exhibited considerable vigor, advancing 5.7% within the day, while BNB registered a more measured increase of 1.12%. Among these, dogecoin (DOGE) distinguished itself with an 11% surge, trading at $0.375 per coin. This places DOGE as the seventh-largest cryptocurrency by market capitalization. Similarly, cardano (ADA) emerged as a standout, with an extraordinary 13.63% appreciation over 24 hours, securing its position as the ninth-largest crypto asset, just below usd coin (USDC).
USDC’s market capitalization currently stands at $45.13 billion, with ADA trailing at $38.07 billion—a $7.06 billion gap separating the two. Tron (TRX), now the tenth-largest digital currency, experienced a 2.26% uptick, settling at $23.14 billion. Among the top performers on Friday, SPX—a meme coin—achieved an astonishing 32.77% increase, followed closely by SNEK and GIGA, which rose 24.48% and 19.73%, respectively. Fartcoin (FARTCOIN), true to its whimsical hot air branding, displayed a noteworthy gain of 17.46%.
Other noteworthy gainers ahead of the weekend include ENA, which rose 17.26%; MOG, climbing 16.32%; and BONK, which appreciated 15.33%. Conversely, several digital assets faced headwinds: ftx token (FTT) declined by 6.60%, GOAT fell 6.08%, and VIRTUAL dropped 5.4%. The PENGU token also contracted, recording a 2.39% loss during the trading day.