BTC Hits $102K, Traders Eye ETH Options Expiration and Trump Trading

Today, the cryptocurrency market reached a market cap of $3.56 trillion, surpassing Apple’s $3.5 trillion valuation as the largest company in the world. The market is up 2.3% in the past 24 hours, with trading volume holding steady at $152 billion. Bitcoin (BTC) has crossed the $102,000 mark, driven by optimism surrounding Trump’s upcoming inauguration. Meanwhile, traders are closely monitoring the expiration of Ethereum (ETH) options, with $639 million worth of notional value set to expire today, with both Hedera (HBAR) and FARTCOIN up 20% over the past 24 hours.

Cryptocurrency Market Today: BTC, ETH, XRP, and SOL maintain momentum

Donald Trump’s next presidency is over It boosted optimism in the cryptocurrency marketwith plans for friendlier SEC rules and clearer token guidelines after the open. In addition, cool inflation data raised expectations for further interest rate cuts from the Fed, supporting positive sentiment. Today, the cryptocurrency market saw Bitcoin rise 1.5%, Ethereum rise 3%, XRP rise 10%, and SOL rise 5%, reflecting steady growth across major cryptocurrencies.

Bitcoin market today

Bitcoin was trading at $101,185, with a 24-hour low of $97,405 and a high of $102,080. Today its market capitalization has reached $2 trillion, reflecting strong investor confidence.

According to SoSo Value DataBTC ETFs recorded an inflow of $98 million on Thursday. Ark & 21Shares led the purchases with $155 million, while Bitwise contributed $2.75 million. BlackRock’s ETF flow data is still awaited.

Ethereum market today

Ethereum price was trading at $3,368, with a 24-hour low of $3,266 and a high of $3,395. Its market capitalization has reached $406 billion, indicating continued investor interest.

ETH ETFs recorded an inflow of $55 million, with Fidelity leading the purchases worth $70 million. Meanwhile, Grayscale reported an outflow of $14 million, reflecting mixed institutional sentiment.

XRP market today

The price of XRP was trading at $3.31, registering a 10% increase in the past 24 hours. Its 24-hour low and high were at $3 and $3.38, respectively. XRP saw weekly gains of 45% and an impressive 500% spike during the quarter, demonstrating strong market momentum.

Ripple CEO Brad GarlinghouseSpeaking at CfC St. Moritz, highlighted the possibility that US cryptocurrency reserves could include XRP, SOL and USDC, amid growing institutional adoption. Today’s cryptocurrency market reflects this optimism, with XRP gaining significant traction.

Solana Market today

Solana’s price was trading at $212, reflecting a 5% increase over the past 24 hours. Its 24-hour low and high were $198.7 and $216.9, respectively. Solana’s market cap has reached $103 billion.

Top gainers in the cryptocurrency market today

Here are the top 5 gainers in the cryptocurrency market today along with their price and percentage gains over the past 24 hours:

Hadera (HBAR): Price – $0.386 | 24-hour gains – 20%

FARTCOIN: Price – $1.46 | 24-hour gains – 20%

Eos: Price – $0.983 | 24-hour gains – 14%

Algorand (ALGO): Price – $0.48 | 24-hour gains – 11%

Flare(FLR): Price – $0.028 | 24-hour gains – 10%

The biggest losers in the cryptocurrency market today

Here are the top 5 losers in the cryptocurrency market today, along with their prices and percentage losses over the past 24 hours:

ai16z (AI16Z): Price – $1.33 | 24 hour loss – 12%

Virtual (default) protocol: Price – $3.47 | 24-hour loss – 5.68%

Sonic (S): Price – $0.7751 | 24-hour loss – 5.37%

Lido Dow (LDO): Price – $2.00 | 24-hour loss – 4.32%

Obese Penguins (PENGU): Price – $0.0333 | 24 hour loss – 2.9%

Today’s crypto market meme

Coins also showed bullish momentum today. Dogecoin (DOGE) rose 3%, trading at $0.387, while Shiba Inu (SHIB) rose 2%, trading at $0.00002265. Other notable coins like PEPE, BONK, and WIF are up 2-5% in the last 24 hours.

However, the hourly chart indicates some downward pressure, with Bitcoin (BTC) down about 1% in the past hour. Fartcoin and IOTA also fell by 2-5%. In other news, Nasdaq filed 19b-4 For Canary Litecoin ETF.