Crypto Price Today (Jan 16th, 2025): Bitcoin Price Falls From $100k Amid Greed-Driven Market
Shrishesh Tanksalkar16 Jan 20252 min read
The crypto market today has been riding a bullish wave, after the announcement of the U.S. CPI numbers. The market cap has seen a 3.35% increase to an impressive $3.49 trillion. With fueling optimism, the trading volume has surged 21.64% in the past 24 hours to $155.02 billion. The greener numbers have resulted in the Fear & Greed Index ticking up to a “Greed” score of 60, highlighting renewed interest among market players.
Bitcoin Makes a Comeback Amid Market Optimism
Today, bitcoin’s price has been making noise again, gaining 2.60% over the last 24 hours to reach $99,400.03. This move comes after BTC reclaimed its 24-hour high of $100k. Talking about volumes, the intraday trade grew by 4.02% to $57.17 billion. That being said, its market cap now stands at $1.969 trillion, as it shows resilience.
Want more insights into Bitcoin’s future? Check out our in-depth Bitcoin Price Prediction 2025, 2026 – 2030
Altcoins Rally as Sentiment Strengthens
Ethereum price saw a substantial gain of 4.67%, chugging up its price to $3,371.47. Solana outperformed its peers, leaping 7.32% to $202.53, while XRP shot up by 8.14% to $3.07, reflecting strong bullish sentiment across the board.
For Ethereum’s detailed price outlook, visit our Ethereum Price Prediction 2025, 2026 – 2030.
Top Movers: Gainers and Losers
Among the top gainers, VIRTUAL took the lead with an impressive 31.79% spike to $3.81, followed by FARTCOIN with a 24.08% surge to $1.24, and LTC, climbing 18.04% to $120.36. Contrarily, MOVE emerged as the sole loser among the top 100 cryptos, slipping 2.62% to $0.8026.
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FAQs
- Bitcoin (BTC) is trading at $99,400.03, gaining 2.60% in the last 24 hours.
