Market Update

BTC and ETH publish stable US jobs data, grayscale boosts altcoins

Cryptocurrency prices remained stable today, with Bitcoin (BTC) trading near $94,000 USD, and Ethereum (ETH) price stabilizing after the release of US jobs data. The global cryptocurrency market capitalization saw a slight rise of approximately 1%, to $3.29 trillion, although trading volume fell by 7% to $144 billion.

Grayscale, a leading crypto asset manager, boosted market sentiment by revealing that it is considering 39 cryptocurrencies for future investment products. These include top altcoins like Dogecoin (DOGE), BNB, Hedera (HBAR), Kaspa (KAS), and Aptos (APT).

Among the major altcoins, Bitcoin SV (BSV) emerged as the biggest gainer, recording a 15% rise in the past 24 hours.

Cryptocurrency prices today: BTC exceeds $94,000, and XRP gains more than 2%

Cryptocurrency prices today showed stability as Bitcoin (BTC) rebounded to exceed $94,000 after hitting a low of $92,000. Ripple’s XRP recorded notable gains of over 2%, which contributed to the positive momentum of the overall market. Meme coins also followed the BTC trend. Both Dogecoin (DOGE) and Shiba Inu (SHIB) are up more than 2% over the past 24 hours, reflecting renewed interest in the altcoin market.

Bitcoin price today

Bitcoin price today was trading at $94,203, up 1% at the time of writing. BTC’s 24-hour low and high stood at $92,235 and $95,755, respectively.

According to Farside investor dataBitcoin ETFs recorded an inflow of $34 million. Fidelity led the purchases with a $16.6 million investment, while Grayscale added $13.5 million to its BTC ETF holdings.

Ethereum price today

Today, Ethereum price was trading at $3,234. ETH’s 24-hour low and high were at $3,196 and $3,321, respectively.

ETH ETFs saw an outflow of $68 million, with Fidelity offloading $65 million. Fidelity has been consistently selling its ETH ETFs over the past three days. Meanwhile, BlackRock’s data on ETH ETFs is still awaited, keeping investors vigilant.

XRP price today

Today, the price of XRP was trading at $2.33, recording a 2.7% gain over the past 24 hours. XRP’s 24-hour low and high were at $2,256 and $2,364, respectively.

According to a report by Coingape, data insights from Santiment revealed that a number of HODLers for XRP Other cryptocurrencies have grown during the first days of this new year.

Solana price today

Solana price It is down 1.5% in the past 24 hours, trading at $186. SOL’s 24-hour low and high were at $183 and $192, respectively.

Today’s top winning cryptocurrency prices

According to today’s cryptocurrency prices, here are the top 5 winning cryptocurrencies in the last 24 hours:

Bitcoin SV (BSV)

Price: $59.56
Profit within 24 hours: +15%

Iota (Iota)

Price: $0.335
Profit within 24 hours: +10%

Phantom (FTM)

Price: $0.699
Profit within 24 hours: +8%

Algorand (ALGO)

Price: $0.364
Profit within 24 hours: +6.5%

Bitget Token (BGB)

Price: $6.82
Profit within 24 hours: +6%

Today’s highest losing prices for cryptocurrencies

Based on today’s cryptocurrency prices, here are the top 5 crypto losers in the past 24 hours:

ai16z (AI16Z)

Price: $1.33
24-hour loss: -13%

Default (default) protocols

Price: $0.98
24 hour loss: -8%

SPX6900 (SPX6900)

Price: $1.10
24-hour loss: -6.87%

Excess fluid (HYPE)

Price: $20.14
24 hour loss: -6%

Athena (ENA)

Price: $0.8851
24-hour loss: -5.15%

Crypto meme prices today

According to today’s cryptocurrency prices, memes mirrored Bitcoin’s price movement. The top meme coin, Dogecoin (DOGE), is up 2.3% and is currently trading at $0.3324. Shiba Inu (SHIB) also saw a 1% increase, trading at $0.0000215. Grayscale has recently been considered a DOGEAnd HBAR and other cryptocurrencies for future investment products that are showing bullish behavior in these altcoins.

Other notable meme coins, including PEPE, PENGU, and WIF, saw declines of 1 to 2% over the past 24 hours.

Additionally, the hourly chart shows a slight downward trend, with Bitcoin down 0.2% in the past hour. Major cryptocurrencies followed suit, showing bearish behavior. However, Bitcoin SV (BSV) stood out, rising 1% in the past hour.

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Quinjab Staff

CoinGape has an experienced team of original content writers and editors who work around the clock to cover news globally and present news as fact rather than opinions. CoinGape writers and reporters contributed to this article.

Disclaimer: The provided content may include the personal opinion of the author and is subject to the market situation. Conduct market research before investing in cryptocurrencies. The author or publication does not accept any responsibility for your personal financial loss.



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