The post BTC Above $102K, Meme Coins Take Heat  appeared on BitcoinEthereumNews.com.

Crypto Market Today: In a riveting turn of events, following Donald Trump’s presidential inauguration on Monday, the crypto realm appears to have witnessed mixed price actions recently. While Bitcoin (BTC) price maintained a hold above the $102K level, top meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Official Trump (TRUMP) have traded in the red territory. Notably, the global cryptocurrency market cap jumped nearly 1% over the past day to reach $3.52 trillion. Further, the global trading volume dropped 7.5% to $318.11 billion. Ethereum (ETH) and Solana (SOL) showcased a sideways trading session intraday. Besides, XRP hovered in the green territory. Here’s a brief overview of some of the top cryptocurrencies by market cap and their price action on January 21. Crypto Market Today: BTC Resilient Post-Trump’s Inauguration, Meme Coins Dip Despite the pro-crypto Republican U.S. president’s recent failure to mention crypto as a top priority, BTC has showcased potential by avoiding further dips. CoinGape reported that Trump’s Administration has failed to mention cryptocurrency as a top priority in a recent document sent to Republican lawmakers. This saga has raised severe uncertainties, contrary to the 47th president’s pro-crypto promises made last year. However, alongside BTC, ETH, XRP, and SOL have also showcased resiliency, avoiding major price dips. Besides, the meme crypto market has seen notable drops, with the TRUMP token leading the fall. So, let’s gauge in on the crypto prices today. Bitcoin (BTC) Price Today BTC price showcased a 1% increase in value at the time of reporting and is currently sitting at $102,725. The coin’s intraday low and high were $100,103.96 and $109,114.88, respectively. Notably, the intraday price chart shows a highly volatile movement, sparking contrary speculations as Trump takes office and the market eagerly awaits gains. Besides, a recent BTC price analysis by CoinGape reveals…

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Filed under: News - @ January 21, 2025 5:28 am