Crypto price on January 31, 2025 is again shaking as Bitcoin (BTC) and altcoins are going through a turbulence right ahead of vital U.S. economic data release.
Bitcoin is seen near $104K and altcoins are showing mixed momentum. The global crypto market cap remains steady at $3.5 trillion with a 16% drop in trading volume to $105 billion, which reflects investor caution before the PCE index release.
Crypto Price on January 31, 2025
Bitcoin (BTC):
- Price: $104,331 (-1%)
- 24H Range: $103,962–$106,000
- Futures OI: $64.91B (-2%)
Volatility persists as traders await macroeconomic clarity, with open interest declines signaling reduced leverage activity.
Also read: Best Crypto to Buy in February 2025
Ethereum (ETH):
- Price: $3,227 (+0.5%)
- 24H Range: $3,179–$3,283
Whales accumulated 100,000 ETH during recent dips, suggesting institutional confidence in mid-term upside potential.
XRP & Solana (SOL):
- XRP: $3.09 (-1%) in the past 24 hours, consolidating near $3 support
- SOL: $235 (-2%) in the past 24 hours, mirroring broader market uncertainty
Also read: Trump Meme Coin Saga 2025
Meme Coin PriceÂ
|
Coin |
Price | 24H Change |
| Dogecoin (DOGE) | $0.3272 |
-1% |
|
Shiba Inu (SHIB) |
$0.00001855 | -0.3% |
| PEPE | $0.0000128 |
Flat |
|
TRUMP |
$25.49 |
-9% |
Also read: DOGE Legal Trouble
Top Gainers and Losers in the last 24 HoursÂ
Top Gainers:Â
|
Coin |
Price | Change |
| JasmyCoin (JASMY) | $0.03261 |
+30% |
|
DeXe (DEXE) |
$20.48 | +21% |
| Arweave (AR) | $15.76 |
+18% |
|
Mantra (OM) |
$5.57 |
+15% |
Top Losers:Â
|
Coin |
Price | Change |
| Official Trump (TRUMP) | $25.50 |
-9% |
|
Jupiter (JUP) |
$1.04 | -8% |
| Pudgy Penguins (PENGU) | $0.01419 |
-7% |
|
Optimism (OP) |
$1.39 |
-6% |
Also read: Trump Pro-Crypto Policies
Personal Analysis: Four Critical ObservationsÂ
1. PCE Data Impact:
The market’s sideways movement reflects textbook risk-aversion behavior before high-impact economic data. A hotter-than-expected inflation print could trigger liquidations across crypto and equities.
2. ETH Whale Strategy:
Strategic accumulation by large holders suggests anticipation of Ethereum’s upcoming network upgrades or institutional ETF positioning. This contrasts with retail traders’ short-term caution.
3. Consolidation Patterns:
XRP’s prolonged $3 base and Solana’s failure to hold $240 indicate weakening momentum. Breakouts here could dictate altcoin market direction post-PCE.
4. Meme Coin Divergence:
TRUMP’s sharp decline amid political token volatility contrasts with PEPE’s stability, highlighting sector-specific risks beyond macroeconomic factors.
The convergence of regulatory scrutiny on political tokens and Bitcoin’s correlation with traditional risk assets creates a complex landscape. Traders should monitor BTC’s $103K support level – a sustained break below could trigger cascading stops in leveraged positions.
(Source: Coingape)
