The post Crypto Price Analysis 1-6 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, RIPPLE: XRP, INJECTIVE: INJ, BITTENSOR: TAO appeared on BitcoinEthereumNews.com.

Bitcoin (BTC) has seen a marginal uptick after spending most of the weekend below $98,000. The world’s largest cryptocurrency has climbed above $99,000 and is currently trading around $99,100 as bulls set their sights on reclaiming $100,000. BTC is up just over 1% in the past 24 hours and almost 6% over the past week as markets look to gather momentum and start the new year positively.  Despite BTC’s positive start, the crypto market remains mixed, with cryptocurrencies like Ethereum (ETH) and Ripple (XRP) registering marginal gains. However, Solana (SOL) and Dogecoin (DOGE) are currently in the red, down almost 1%. Chainlink (LINK), Cardano (ADA), Toncoin (TON), Stellar (XLM), Polkadot (DOT), Uniswap (UNI), and Litecoin (LTC) registered notable increases.  Ripple CEO Hails Pro-Crypto Congress  Ripple CEO Brad Garlinghouse has hailed the most pro-crypto Congress in US history, boosting optimism for regulatory clarity in crypto and blockchain. The pro-crypto Republicans have a 219-215 majority in the House and a 53-47 majority in the Senate. However, last year’s SAB 121 vote underscored bipartisan support for crypto. The vote suggested US policymaker resistance to crypto and blockchain tech, with Anthony Scaramucci stating that all Democrats under 60 voted against the bill.  Furthermore, the SEC vs Ripple case remains in focus as the January 15 deadline approaches. Market watchers expect the SEC to file its appeal-related opening brief by January 15 days before SEC Chair Gary Gensler steps down. According to former SEC lawyer Mark Fagel, the SEC could proceed with the appeal under Gensler but withdraw it once the new administration assumes office.  “The appeal will continue for now, and that process takes about a year. But there is the possibility that a new administration decides to move to dismiss the appeal. That’s not something I recall happening before, but it’s possible and…

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Filed under: News - @ January 7, 2025 2:22 am