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- 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
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
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
$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
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.