Crypto prices were jittery on Friday, but Bitcoin (BTC) remained resilient near the $104,000 mark.
The global cryptocurrency market cap is down around 0.93%, reaching $3.54 trillion.
This comes as the market awaits the release of the December US PCE (Personal Consumption Expenditures) inflation data on January 31.
Investors are closely monitoring this report, as it could influence potential interest rate changes by the Fed in its upcoming meeting.
The total crypto market volume over the last 24 hours is $102.47 billion, marking a 19.80% decrease.
Stablecoins accounted for $92.4 billion, or 90.17% of the market’s 24-hour volume.
Bitcoin (BTC) price today
Bitcoin (BTC) recorded a 1.12% loss over the last 24 hours, trading at $104,122.03 at the time of writing.
The cryptocurrency’s 24-hour low and high were $103,962.94 and $$106,418.77, respectively.
Trading volume for the coin was down over 26% at over $38 billion.
Bitcoin’s dominance currently stands at 58.29%, down by 0.15% from the previous day.
The SEC has granted initial approval to Bitwise’s Bitcoin and Ethereum ETF, clearing its 19b-4 filing, a key step in the approval process.
However, the fund still awaits clearance from the SEC for its S-1 registration application before it can move forward.
Ethereum (ETH) price today
Ethereum (ETH) was up around 1% in the past 24 hours, currently trading at $3,223.71, with intraday low and high prices of $3,179 and $3,282.99.
On-chain data reveals promising trends for Ethereum, with 13 new mega whales emerging in the past 24 hours.
These wallets, holding over 10,000 ETH each, indicate growing confidence among high-net-worth investors and institutional participants.
Their substantial accumulation suggests that these investors view the current price as a strategic investment opportunity, signalling optimism about Ethereum’s future.
XRP and SOL prices today
In line with the broader market, XRP has seen a 1.57% slump in the past 24 hours, now priced at $3.08.
As of press time, SOL is down by 2% to trade at $236.40, with intraday lows and highs of $235.10 and $244.33.
Trading volumes for the coin were down around 34% at $3.98 billion.
Top crypto gainers and losers
JasmyCoin (JASMY) experienced a strong 26.44% rise in the past 24 hours, currently priced at $0.0326.
DeXe (DEXE) followed suit with a 20.56% increase, reaching $20.65.
Arweave (AR) saw a 17.21% gain, trading at $15.73. MANTRA (OM) also saw notable movement, up 15.53%, with a price of $5.60.
Flare (FLR) rounded out the top gainers, rising by 9.83% to $0.02679.
On the flip, Pudgy Penguins (PENGU) led the top losers on Friday, with a decline of 8.04% in the last 24 hours.
Jupiter (JUP) also faced a 7.97% drop, now trading at $1.06.
OFFICIAL TRUMP (TRUMP) saw a 7.81% decrease, priced at $25.78.
Optimism (OP) experienced a 5.81% dip, trading at $1.40, while Movement (MOVE) declined by 5.08%, currently priced at $0.7751.
Broader crypto price action
Avalanche (AVAX) has seen a 0.67% increase in the last 24 hours, currently trading at $34.06.
Aave (AAVE) has seen a 5.04% increase in the last 24 hours, currently trading at $316.69.
Aptos (APT) has seen a 2.33% increase in the last 24 hours, currently trading at $7.74.
Algorand (ALGO) has seen a 0.39% increase in the last 24 hours, currently trading at $0.3798.
Arbitrum (ARB) has seen a 0.21% decrease in the last 24 hours, currently trading at $0.6222.
ApeCoin (APE) has seen a 0.76% increase in the last 24 hours, currently trading at $0.9581.
1inch Network (1INCH) has seen a 1.17% increase in the last 24 hours, currently trading at $0.3097.
0x Protocol (ZRX) has seen a 1.59% decrease in the last 24 hours, currently trading at $0.4098.
Ankr (ANKR) has seen a 0.27% increase in the last 24 hours, currently trading at $0.02736.
aelf (ELF) has seen a 0.54% increase in the last 24 hours, currently trading at $0.3521.
Band Protocol (BAND) has seen a 3.00% increase in the last 24 hours, currently trading at $1.19.
Balancer (BAL) has seen a 1.78% increase in the last 24 hours, currently trading at $2.46.
Ark (ARK) has seen a 2.55% decrease in the last 24 hours, currently trading at $0.5004.
Ardor (ARDR) has seen a 1.01% decrease in the last 24 hours, currently trading at $0.08063.
Bancor (BNT) has seen a 2.49% increase in the last 24 hours, currently trading at $0.6592.
Aragon (ANT) has seen a 34.03% decrease in the last 24 hours, currently trading at $1.19.
Ampleforth (AMPL) has seen a 3.85% decrease in the last 24 hours, currently trading at $1.17.
AirSwap (AST) has seen a 1.51% increase in the last 24 hours, currently trading at $0.08152.
Æternity (AE) has seen a 3.12% decrease in the last 24 hours, currently trading at $0.02802.
Augur (REP) has seen a 5.07% increase in the last 24 hours, currently trading at $0.7472.
ABBC Coin (ABBC) has seen a 5.07% decrease in the last 24 hours, currently trading at $0.002796.
Aion (AION) has seen a 1.18% increase in the last 24 hours, currently trading at $0.001872.
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