January 16, 2025

Crypto Prices Today Jan 16: XRP Hits ATH, BTC Above $100K, FARTCOIN Jumps 28%

Crypto Prices Today Jan 16: XRP Hits ATH, BTC Above $100K, FARTCOIN Jumps 28%

The crypto prices saw bullish momentum today, with Bitcoin (BTC) crossing the $100K mark once again. Major altcoins have also performed well, with XRP reaching an all-time high of $3.1. Fartcoin (FARTCOIN) emerged as the top gainer, jumping 28% in the last 24 hours.

The global crypto market rose by 3.7%, touching a significant milestone of $3.5 trillion. Trading volume also surged by 25%, reaching $158 billion. The positive sentiment is expected to continue as investors await key economic data this week.

Here’s an overview of some top cryptocurrencies and their prices today on Jan 16.

Crypto Prices Today: BTC, ETH, XRP, and SOL Show Strong Gains

Crypto prices today continued their bullish run, with Bitcoin (BTC) rising 3% to cross the $100K mark. Ethereum (ETH) recorded a 5% jump, while XRP surged 8% to hit an all-time high. Solana (SOL) also gained 8%, reflecting strong market sentiment. In more news, Oklahoma proposed the Bitcoin Reserve Act as anticipation grows for Trump’s pro-crypto presidency in 2025.

Bitcoin Prices Today

Bitcoin prices today are trading at $99,558, with a 24-hour low of $96,518 and a high of $100,798. BTC’s market cap is nearing the $2 trillion mark, currently standing at $1.97 trillion.

According to SoSo Value data, BTC ETFs saw an inflow of $723 million on Wednesday. Fidelity led the inflows with a $463 million purchase. Meanwhile, Ark and 21Shares added $138 million, with BlackRock’s ETF inflow data still awaited.

Ethereum Price Today

Ethereum price today was trading at $3,363, marking a 5% increase in the last 24 hours. Its 24-hour low and high stood at $3,186 and $3,473, respectively.

ETH ETFs recorded an inflow of $40 million, with Fidelity contributing $29 million to the purchases. Additionally, Ethereum co-founder Vitalik Buterin highlighted Soneium as a promising Layer-2 solution, enhancing Ethereum’s scalability and user experience.

XRP Price Today

XRP crypto price skyrocketed today, hitting a new all-time high of $3.17. At the time of writing, it was trading at $3.01, marking an 8% increase in the last 24 hours. XRP’s market cap surged to $173 billion, reflecting strong investor interest and bullish momentum in the crypto market.

Solana Price Today

As part of the overall bullish trend in crypto prices today, Solana’s price today was trading at $202 with an 8% increase in the last 24 hours. SOL recorded a 24-hour low of $186 and a high of $206, indicating steady growth amid rising market sentiment.

Top Cryptocurrency Gainer Prices Today

As per crypto prices today, here are the top 5 crypto gainers over the last 24 hours:

Fartcoin (FARTCOIN): Price $1.23, 24-hour gain 28%

Virtuals Protocol (VIRTUAL): Price $3.67, 24-hour gain 27%

XDC Network: Price $0.1326, 24-hour gain 17%

Litecoin (LTC): Price $119, 24-hour gain 16.2%

Lido DAO (LDO): Price $2.09, 24-hour gain 15%

These tokens led the market in terms of gains, highlighting significant interest and growth in the altcoin sector.

Movement (MOVE) was the only coin in the top 100 that was down by 2.5% in the last 24 hours. It was trading at $0.80, with a 24-hour low of $0.79 and a high of $0.83. Despite the minor decline, MOVE remains within a narrow trading range, indicating some stability in the market.

Crypto Market Updates Today

  • The US SEC has filed an appeal against the district court’s ruling on Ripple’s XRP sales, claiming that all transactions qualify as securities under the Howey Test.
  • Justin Sun has launched USDD 2.0, offering a 20% APY, backed by Tron DAO reserves.
  • The BitMEX crypto exchange stated that the $100 million fine imposed by US Judge John G. Koeltl is lower than the amount originally requested by the government.

Besides this, the hourly chart also looks positive, with Bitcoin (BTC) and major altcoins in the green. Algorand (ALGO) became the top performer in the last hour, gaining 1.2%.

As we track crypto prices today, the market shows strong momentum, reflecting positive sentiment across major cryptocurrencies. Stay tuned for more updates on the latest trends and price movements in the crypto space.

The post Crypto Prices Today Jan 16: XRP Hits ATH, BTC Above $100K, FARTCOIN Jumps 28% appeared first on CoinGape.