Interestingly, in a turn of events, after the presidential inauguration on Monday of Donald Trump, the crypto price on January 21, 2025, seems to be experiencing a mixed approach in prices lately. Meanwhile, although the BTC price is being held above the $102K level, other top meme coins like DOGE, SHIB, and 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.
Crypto Price on January 21, 2025
1. Bitcoin (BTC) Price:
BTC price is growing by 1% and holds at $102,725. The coin experienced an intraday low of $100,103.96 and a high of $109,114.88.
Intraday prices are highly volatile, and these fluctuations have sent contrary speculations in the opposite direction as the market waits anxiously for their gains with the assumption that this is the dawn of a Trump era.
2. Ethereum Price ETH:
It was reported that ETH price declined by a slight 0.3% in the past day and stands at $3,257 now. Its intraday low and high were noted at $3,202.49 and $3,444.28.
3. XRP Price:
XRP price chart for today reflected a modest 0.4% increase as of current reporting time, trading at $3.11. Ripple-supported crypto’s low and high prices over the 24-hour chart were recorded as $3.05 and $3.35.
4. Solana (SOL) Price:
SOL price went down by 1% over the last day and is now trading at $238. The intraday low and high of the coin were $232.40 and $272.15, respectively.
Also read: Top 3 New Meme Coins to Buy This Week that Could Make You Rich!
Meme Crypto Market Today
Dogecoin price managed to break through 4% intraday and is trading at $0.3475. Interestingly, the meme coin’s falling price action aligns with the latest Elon Musk DOGE lawsuit, which created uncertainty among investors.
Also, TRUMP price fell by 21% and is now at $35.19 despite the Republican taking office. SHIB price fell 2.5% and is now resting at $0.00002004. Even PEPE price fell 2.5% to trade at $0.00001533.
Also read: Cryptocurrency Market Trends in Jan 2025
Top Crypto Gainers
1. Raydium (RAY)
- Price: $7.60
- 24-Hour Gains: +28%
2. Aave (AAVE)
- Price: $345
- 24-Hour Gains: +12%
3. ai16z (AI16Z)
- Price: $0.8779
- 24-Hour Gains: +10%
4. Mantle (MNT)
- Price: $1.04
- 24-Hour Gains: +9%
Also read: The 4 Crypto Tokens Investors Can’t Afford to Ignore
Top Crypto Losers
1. Fartcoin (FARTCOIN)
- Price: $1.72
- 24-Hour Loss: -13%
2. Movement (MOVE)
- Price: $0.6983
- 24-Hour Loss: -6%
3. Bittensor (TAO)
- Price: $397
- 24-Hour Loss: -5%
4. MANTRA (OM)
- Price: $3.5
- 24-Hour Loss: -5%
Personal Analysis
The market at present is characterized by uncertain investor sentiment despite the pro-crypto presidential inauguration of Donald Trump on January 20, 2025. The mixed performance of major cryptocurrencies indicates that while Bitcoin continues to hold well above $102K, altcoins are unable to sustain their momentum in the wake of recent controversies such as lawsuits against meme coins.
However, the long term is still bullish, says crypto analyst Ali Martinez, emphasizing that “the first pro-crypto U.S. President just got inaugurated,” while still warning against panic selling in the market.
This message may suggest divergence between short-term volatility based on immediate reactions to political changes and long-term optimism regarding regulatory support for cryptocurrencies under Trump’s administration.
Investors should be alert as they track how Trump’s policies may play out in relation to digital assets while also taking into account broader economic factors that may influence market dynamics throughout 2025.
(Source: Coingape)
