At present, the crypto price today on January 14, 2025 is demonstrating a recovery after a crypto crash on 13th January. Bitcoin experienced a notable drop, but has since rebounded, impacting the broader market dynamics.
Current Market Status
- Global Market Cap: The total cryptocurrency market cap is currently at the amount of $3.29 trillion.
- Market Movement: Yesterday, about $150 billion was wiped out of markets alone but trading volume jumped 127% to $174 billion.
Crypto Price Today on January 14, 2025
1. Bitcoin Price:
- Current Price: Bitcoin (BTC) is currently at $95,105, representing a 1% price increase in the last 24 hours.
- Price Range: The 24-h low and high values of Bitcoin are $89,300 and $95,275, respectively.
- ETF Outflows: There were large (in the amount of $313 million) bitcoin ETF outflows, with Fidelity being the top sell-off.
2. Ethereum Price:
- Current Price: Ethereum (ETH) is trading at $3,154, a 3% drop from yesterday.
- Price Range: Its 24-hour minimum and maximum are as follows $2,921 and $3,266, respectively.
- ETF Activity: ETH ETFs lost $52 million overall, with many losses due to Grayscale.
3. XRP Price:
- Current Price: XRP is at $2.52 and increasing by around 0.5% over the course of 24 hours.
- Price Range: Low and high for XRP in this time are $2.34 and $2.55, respectively.
4. Solana Price:
- Current Price: Solana (SOL) is priced at $183, representing a 1.5% price drop over the prior day.
- Price Range: The 24-h lowest and highest-level SOL in $170 and $186 are recorded, respectively.
Also read:Â Cryptocurrency Market Trends in Jan 2025
Top Crypto Gainers
The following are the top 5 cryptocurrencies that worth the most in the past 24 hours:
1. Fartcoin (FARTCOIN):
- Price: $1.07
- Gain: +42%
2. Lido DAO (LDO):
- Price: $1.65
- Gain: +7%
3. Kaspa (KAS):
- Price: $0.1219
- Gain: +6.5%
4. ai16z (AI16Z):
- Price: $1.16
- Gain: +6%
5. Raydium (RAY):
- Price: $4.80
- Gain: +5%
Also read: The 4 Crypto Tokens Investors Can’t Afford to Ignore
Top Crypto Losers
The following cryptocurrencies suffered the greatest falls in the past 24 hours:.
1. DeXe (DEXE):
- Price: $13.76
- Loss: -13%
2. Worldcoin (WLD):
- Price: $1.98
- Loss: -4.75%
3. THORChain (RUNE):
- Price: $3.21
- Loss: -4.68%
4. KuCoin Token (KCS):
- Price: $10.82
- Loss: -4.31%
5. Bitcoin SV (BSV):
- Price: $53.59
- Loss: -4.18%
Interesting News: Elon Musk’s X Payment Sparks Anticipation
Meme Crypto Prices
In the meme coin sector, notable movements include:
- Dogecoin (DOGE) increased by 3%, trading at $0.3439.
- Shiba Inu (SHIB) increased 1%, trading at $0.0000213.
Other meme coins such as PEPE, BONK, and PENGU saw declines ranging from 1% to 3%.
You might want to know: Crypto Market on January 13, 2025
Personal Analysis
The recent volatility in the cryptocurrency market has shown its inherent volatility and sensitivity to external economic indicators, such as the upcoming CPI reports in the U.S. The rebound of Bitcoin after hitting a low of $89K suggests resilience among traders, although significant ETF outflows indicate cautious sentiment among institutional investors.
The extraordinary price rise of Fartcoin shows how niche cryptocurrencies can dramatically shift in directions not necessarily in line with the broader market trends, reflecting speculative trading behavior in this space.
In general, some cryptocurrencies appear to be rebounding, while others continue to face setbacks in a correcting market, meaning a mixed bag of results for traders as they work through this complicated landscape into the next wave of economic data and regulatory changes impacting cryptocurrency investments.
(Source: Coingape)
