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Crypto market bullish on Tuesday: BTC surges above $101k, volumes up 100%

by January 7, 2025
written by January 7, 2025

Crypto prices surged today, with Bitcoin crossing the $100K threshold after two weeks of bearish sentiment.

The global crypto market capitalisation increased by approximately 1.5%, reaching $3.58 trillion.

The total crypto market volume over the last 24 hours is $129.06 billion, reflecting a 44.60% increase.

The total volume in DeFi stands at $9.88 billion, making up 7.65% of the total crypto market volume.

The volume of all stablecoins is $118.78 billion, accounting for 92.03% of the total 24-hour crypto market volume.

The Fear and Greed Index climbed to 66, indicating a shift toward greed in market sentiment.

Bitcoin (BTC) price today

BTC price today surged by 2.63% in the last 24 hours, trading at $101,741.35.

The market cap of BTC surged past the $2 trillion mark and currently stands at $2.01 trillion.

Bitcoin’s dominance is currently at 56.29%, up by 0.60% from the previous day.

The cryptocurrency’s 24-hour range spanned between $98,713 and $102,712.

Trading volume spiked over 100% to $50.4 billion, and BTC ETFs saw an inflow of $769 million, with Fidelity, Ark & 21Shares, and Grayscale leading the buying spree.

Ethereum (ETH) price today

Ethereum saw a 0.37% gain, trading at $3,680.06.

Trading volumes for the coin was also surged over 50% to $22.85 billion.

Its 24-hour low and high were $3,622.30 and $3,743.94, respectively.

ETH ETFs recorded a modest inflow of $4.6 million, with Fidelity as the sole purchaser.

XRP, SOL price today

XRP traded at $2.40 today, down 0.44% in the last 24 hours.

The coin registered a low of $2.38 and a high of $2.46 in the last 24 hours.

Solana’s price rose by 0.38%, reaching $217.26.

It fluctuated between $213.46 and $222.95 over the past 24 hours.

Trading volume for the coin is up 33% in the last 24 hours at $3.27 billion.

Top crypto gainers today

Worldcoin (WLD) saw a 6% increase, trading at $2.588, with a market cap of $2.24 billion. The coin lead the gainers at the time of writing.

Render was up 5.67% trading at $8.75. Trading volume was up over 96% at $786 million.

Top crypto losers today

Fartcoin (Fart) was the worst performer today, dropping 16% to $1.15.

Ethena (ENA) declined by 7%, trading at $1.16.

Fantom (FTM) saw a 7% drop, trading at $0.7749.

Broader crypto price action

Cardano (ADA) is currently trading at $1.09, up 0.07% in the last 24 hours.

Chainlink (LINK) is currently trading at $23.53, down 1.85% in the last 24 hours.

Bitcoin Cash (BCH) is currently trading at $480.49, up 0.93% in the last 24 hours.

Dai (DAI) is currently trading at $1.00, unchanged in the last 24 hours.

Cosmos (ATOM) is currently trading at $7.40, down 1.23% in the last 24 hours.

Celestia (TIA) is currently trading at $5.48, down 2.25% in the last 24 hours.

Bonk (BONK) is currently trading at $0.00003451, down 0.48% in the last 24 hours.

Bitcoin SV (BSV) is currently trading at $58.46, up 1.56% in the last 24 hours.

Decentraland (MANA) is currently trading at $0.5671, down 0.31% in the last 24 hours.

Chiliz (CHZ) is currently trading at $0.09429, up 0.03% in the last 24 hours.

Compound (COMP) is currently trading at $83.92, down 2.13% in the last 24 hours. Dash (DASH) is currently trading at $42.73, down 1.63% in the last 24 hours.

BOOK OF MEME (BOME) is currently trading at $0.006913, down 1.56% in the last 24 hours.

Basic Attention Token (BAT) is currently trading at $0.2763, up 2.87% in the last 24 hours.

Decred (DCR) is currently trading at $16.40, down 1.19% in the last 24 hours.

DigiByte (DGB) is currently trading at $0.01457, up 1.06% in the last 24 hours.

Bitcoin Gold (BTG) is currently trading at $14.18, down 13.61% in the last 24 hours.

Dent (DENT) is currently trading at $0.001561, up 2.36% in the last 24 hours. BytomDAO (BTM) is currently trading at $0.004082, down 1.04% in the last 24 hours.

The post Crypto market bullish on Tuesday: BTC surges above $101k, volumes up 100% appeared first on Invezz

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