Crypto market today showed bullish momentum as Bitcoin (BTC) crossed $95K after dipping to $92K. Stellar (XLM) emerged as the top gainer, surging 26% in the last 24 hours. IOTA followed with a 20% rise during the same period.

Major altcoins like XRP and Cardano recorded gains of over 10% in the past 24 hours. The global crypto market cap increased by approximately 2%, reaching $3.34 trillion. However, trading volume declined by 16% to $92 billion. As the holiday season concludes, a rise in trading volume is anticipated by next week.

Bitcoin Leads the Crypto Market Today with Ethereum, XRP, and Solana Following

Bitcoin (BTC) price led the crypto market today, recovering to $95K with increased trading activity. Ethereum (ETH) recorded a modest 1% gain, while XRP surged by 15%, reflecting strong bullish momentum. Solana (SOL) also posted a 4% increase, maintaining positive sentiment among top altcoins.

Bitcoin Price Today

Bitcoin (BTC) price was trading at $95,089, marking a 1% increase in the last 24 hours. Its 24-hour low and high were $92,965 and $95,506, respectively. Meanwhile, Swiss citizens are pushing for the country’s National Bank to adopt Bitcoin, signaling growing support for cryptocurrency adoption.

As per CryptoQuant, the Bitcoin exchange reserve has dropped to 2,377,205.13, reflecting a 24-hour decrease of 0.25% and a 7-day decline of 2.09%. This continued fall in exchange reserves suggests lower selling pressure in the market.

Ethereum Price Today

Ethereum (ETH) price was trading at $3,394, reflecting a 1% increase in the last 24 hours. Its 24-hour low and high were $3,316 and $3,405, respectively. The trading volume decreased by 20%, currently standing at $16 billion.

XRP Price Today

XRP price today was trading at $2.414, reflecting a 15% increase in the last 24 hours. Its 24-hour low and high were $2.09 and $2.44, respectively. Pro-crypto lawyer John Deaton has shared insights on XRP’s price target, drawing attention in the crypto market today.

Solana Price Today

Solana (SOL) price today was trading at $198, showing a 4% surge in the last 24 hours. Its 24-hour low and high were $188 and $199, respectively. Trading volume decreased by 12%, now standing at $2.84 billion.

Top Crypto Gainer Prices Today

Stellar

XLM price today was trading at $0.43, making it the top gainer with a 26% surge in price in the last 24 hours. Its 24-hour low and high were $0.33 and $0.45, respectively. The market cap increased by 28%, now standing at $13.16 billion.

IOTA

IOTA price today was trading at $0.347, reflecting a 20% increase in the last 24 hours. Its 24-hour low and high were $0.28 and $0.355, respectively. The market cap stands at $1.24 billion, reflecting the positive momentum in the crypto market today.

XDC Network

XDC price today was trading at $0.087, showing a 19% increase in the last 24 hours. Its 24-hour low and high were $0.071 and $0.0883, respectively, reflecting a strong upward trend in the crypto market today.

Top Crypto Loser Prices Today

UNUS SED LEO

LEO price was trading at $8.75, showing a 3.23% decline in the last 24 hours. It was the worst performer among the top 100 coins by market cap, with a market cap of $8.12 billion.

PEPE and Bitget Token (BGB) were also among the losers today. PEPE dropped by 2%, while BGB fell by around 1.5% in the last 24 hours.

Meme Crypto Market Today

Meme cryptocurrencies are showing positive momentum, with Dogecoin (DOGE) up by 4%, now trading at $0.33. Crypto analyst Master Kenobi predicts that DOGE could rally to $1.2 if it breaks its ATH by the end of January. Similarly, Shiba Inu (SHIB) price was also up by 4%, now at $0.00002191. Other notable meme coins like AI16Z and PENGU also showed gains in the last 24 hours.

Beside, The hourly chart is also showing positive signs, with Bitcoin (BTC) and major altcoins up by approximately 1%. Virtual Network (VIRTUAL) surged by 3% in the last hour, reflecting growing momentum in the crypto market today.

The post Crypto Market Today January 2: Bitcoin Recovers, XLM Surges 26%, IOTA Rises 20% appeared first on CoinGape.

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Filed under: News - @ January 2, 2025 4:15 am