Crypto price today on January 11, 2025 are stable. Bitcoin (BTC) is trading at $94,203 and Ethereum (ETH) at $3,234. The global crypto market capitalization size increased by around 1% to reach $3.29 trillion even as trading volume declined by 7% to $144 billion. This stability came after the issuance of United States jobs data, an average influencer of sentiment in markets.
Grayscale-one of the primary crypto asset management companies-indicated that it is looking at 39 cryptocurrencies for it to use in potential investment products-the positive market feeling. This consists some of the most well-known altcoins-which include; Dogecoin (DOGE), BNB, Hedera (HBAR), Kaspa (KAS) and Aptos (APT).
Crypto Price Today on January 11, 2025
1. Bitcoin (BTC):
- Current Price: $94,203
- 24-hour Change: increase by 1%
- 24-hour Range: Low $92,235 | High $95,755
- ETF Inflows: Bitcoin ETFs saw an inflow of $34 million, with Fidelity buying for $16.6 million, Grayscale buying for $13.5 million.
Also read: Cryptocurrency Market Trends in Jan 2025
2. Ethereum (ETH):
- Current Price: $3,234
- 24-hour Change: Data indicates a selling trend.
- 24-hour Range: Low $3,196 | High $3,321
- ETF Outflows: ETH ETFs lost $68 million in total, mainly because of Fidelity selling out $65 million in the last few days.
3. XRP:
- Current Price: $2.33
- 24-hour Change: increase by 2.7%
- 24-hour Range: Low $2.256 | High $2.364
Also read: The 4 Crypto Tokens Investors Can’t Afford to Ignore
4. Solana (SOL):
- Current Price: $186
- 24-hour Change: decrease by 1.5%
- 24-hour Range: Low $183 | High $192
Top Crypto Gainers
The following cryptocurrencies have experienced strong increases over the past 24 hours:
- Bitcoin SV (BSV): Price $59.56 | Gain +15%
- IOTA (IOTA): Price $0.335 | Gain +10%
- Fantom (FTM): Price $0.699 | Gain +8%
- Algorand (ALGO): Price $0.364 | Gain +6.5%
- Bitget Token (BGB): Price $6.82 | Gain +6%
Also read: What is the launch date of Pi Coin?
Top Crypto Losers
Conversely, the following cryptocurrencies have faced losses:
- ai16z (AI16Z): Price $1.33 | Loss -13%
- Virtual Protocols (VIRTUAL): Price $0.98 | Loss -8%
- SPX6900 (SPX6900): Price $1.10 | Loss -6.87%
- Hyperliquid (HYPE): Price $20.14 | Loss -6%
- Ethena (ENA): Price $0.8851 | Loss -5.15%
Meme Coin Performance
Meme coins have mirrored Bitcoin’s price movements:
- Dogecoin (DOGE) rose by +2.3%, trading at $0.3324.
- Shiba Inu (SHIB) rose +1% to $0.0000215.
Other notable meme coins like PEPE and PENGU experienced declines ranging from 1% to 2%.
Also read: Elon Musk X’s Payment System
Personal Analysis
The current stability of cryptocurrency prices can be explained by a cautious market mood that tends to follow economic data releases, which usually determine the actions of investors in highly volatile markets such as crypto. The strength of Bitcoin support at around $94K and the possible trend of waning Ethereum ETF outflows may point to a changing set of investor confidence or a harvest run.
The willingness to include newly launched cryptocurrencies in investment products is an encouraging trend toward market diversification and may foster a higher adoption rate for altcoins, in particular those that are included as potential investments, like Dogecoin and BNB.
In general, although the market appears to have stabilizing characteristics, trading volume and ETF activity shifts imply that investors are attentive to economic data and regulatory announcements that will have major implications for the price movement to come.
(Source: Coingape)
