Crypto Prices Today Jan 20: BTC Holds $101K, TRUMP & MELANIA Meme Coins Skyrocket
The crypto prices today exhibited mixed reactions, with Bitcoin (BTC) rebounding to $101K after reaching a high of $106K earlier. The global spotlight is on former U.S. President Donald Trump, who will officially begin his presidential campaign today. Adding intrigue, Trump launched a meme coin two days before the event, with “TRUMP Coin” surging by 55% in the last 24 hours. Melania Trump also joined the trend, unveiling her meme coin (MELANIA) today, which skyrocketed by an astounding 2000% after launch.
Despite these developments, the global crypto market cap fell by approximately 4%, standing at $3.48 trillion. Trading volume, however, saw exponential growth, rising by 74% to $336 billion. Here’s a closer look at some of the top cryptocurrencies and their prices today, January 20.
Crypto Prices Today: BTC, ETH, SOL, and XRP Decline Amid Market Volatility
The cryptocurrency market today saw major assets facing downward pressure. Bitcoin (BTC) dropped by 2.6%, now trading at $101K, while Ethereum (ETH) fell by 3%. XRP faced a sharper decline, down by 4%, and Solana (SOL) led the losses with a 7% dip.
Cardano co-founder Charles Hoskinson recently highlighted that 78.5% of President-elect Donald Trump’s $29.6 billion net worth is linked to cryptocurrency. This revelation adds a unique twist to the ongoing market developments.
Bitcoin Price Today: BTC Holds Above $101K Amid Market Turbulence
Bitcoin price today was trading at $101,944, with a 24-hour low of $99,591 and a high of $106,428. The market cap stood at $2.02 trillion, reflecting Bitcoin’s continued dominance in the crypto market. According to SoSo Value data, Bitcoin ETFs recorded a significant weekly inflow of $887 million last week, showcasing sustained institutional interest despite recent market fluctuations.
Ethereum Price Today: ETH Drops 3% as Market Volatility Continues
Ethereum price today was trading at $3,266, reflecting a 3% decline over the last 24 hours. Its 24-hour low and high were $3,131 and $3,448, respectively. ETH ETFs experienced a weekly inflow of $188 million, indicating investor confidence in Ethereum’s long-term potential despite short-term price corrections.
XRP Price Today: XRP Down 4%, Still Up 25% Over the Week
XRP price today was trading at $3.10, marking a 4% drop in the last 24 hours. Its 24-hour low and high were $2.90 and $3.255, respectively. Despite this dip, XRP remains up by an impressive 25% over the past week, showcasing strong market performance.
In a notable development, an XRP whale transferred $95 million worth of tokens ahead of President-elect Donald Trump’s inauguration. This significant move has sparked curiosity among investors, further highlighting XRP’s active trading dynamics.
Solana Price Today
Solana price today was trading at $239, reflecting a 7% decline in the last 24 hours. Its 24-hour low and high were $231 and $294, respectively, highlighting significant volatility in recent trading sessions.
Top Cryptocurrency Gainer Prices Today
As per crypto prices today, here are the top 5 crypto gainers over the last 24 hours:
OFFICIAL TRUMP (TRUMP)
Price: $44.17
24-hour Gain: +61%
Melania Meme (MELANIA)
Price: $8.70
24-hour Gain: +19%
Fartcoin (FARTCOIN)
Price: $1.98
24-hour Gain: +13.69%
DeXe (DEXE)
Price: $17.93
24-hour Gain: +3%
UNUS SED LEO (LEO)
Price: $9.74
24-hour Gain: +2.15%
Top Cryptocurrency Loser Prices Today
As per crypto prices today, here are the top 5 crypto losers over the last 24 hours:
ai16z (AI16Z)
Price: $0.83
24-hour Loss: -26%
Sonic (prev. FTM) (S)
Price: $0.53
24-hour Loss: -21%
dogwifhat (WIF)
Price: $1.43
24-hour Loss: -19%
Pudgy Penguins (PENGU)
Price: $0.024
24-hour Loss: -17%
Floki (FLOKI)
Price: $0.0001398
24-hour Loss: -17%
Meme Crypto Prices Today
Top meme coins have shown bearish momentum following the launch of Trump and Melania’s meme coins. Dogecoin (DOGE) dropped by 10% and is trading at $0.3626, while Shiba Inu (SHIB) fell by 9% to $0.00002055.
Other notable meme coins like PEPE, BONK, and WIF are down by 15% to 18% in the last 24 hours, with liquidity flowing toward the newly launched Trump Coin and Melania Meme Coin, which surged in price.
The hourly chart also indicates a consolidation phase, as Bitcoin fell from $106K to $101K. Major altcoins are following a similar trend, and it remains to be seen how the market will react after Donald Trump’s presidential inauguration. Crypto prices today continue to reflect this uncertainty.
The post Crypto Prices Today Jan 20: BTC Holds $101K, TRUMP & MELANIA Meme Coins Skyrocket appeared first on CoinGape.
