Market Update

BTC holds $101k, Trump and Melania Meme coins rise dramatically

Cryptocurrency prices today showed mixed reactions, with Bitcoin (BTC) rebounding to $101,000 after reaching a high of $106,000 earlier. The global spotlight is on former US President Donald Trump, who will officially begin his presidential campaign today. Adding to the suspense is that Trump launched a meme coin two days before the event, with “Trump Coin” rising 55% in the past 24 hours. Melania Trump has also joined the trend, today unveiling her digital currency (MELANIA), which has risen by a staggering 2,000% following its launch.

Despite these developments, the global market value of cryptocurrencies declined by approximately 4%, reaching $3.48 trillion. However, trading volume saw tremendous growth, rising by 74% to $336 billion. Here’s a closer look at some Top cryptocurrencies Their prices are today, January 20.

Cryptocurrency Prices Today: BTC, ETH, SOL, and XRP decline amid market volatility

Today the cryptocurrency market saw major assets facing downward pressure. Bitcoin (BTC) is down 2.6%, now trading at $101,000, while Ethereum (ETH) is down 3%. XRP faced a sharp decline, down 4%, and Solana (SOL) led the losses, down 7%.

Co-founder of Cardano Charles Hoskinson recently highlighted 78.5% of President-elect Donald Trump’s net worth of $29.6 billion is tied to cryptocurrencies. This revelation adds a unique twist to ongoing market developments.

Bitcoin price today: BTC price exceeds $101,000 amid market turmoil

Bitcoin price today was traded at $101,944, with a 24-hour low of $99,591 and a high of $106,428. The market capitalization reached $2.02 trillion, reflecting Bitcoin’s continued dominance in the cryptocurrency market. according to SoSo Value DataBitcoin ETFs recorded a massive weekly inflow of $887 million last week, showing continued institutional interest despite recent market volatility.

Ethereum Price Today: ETH drops 3% as market volatility continues

Today, Ethereum price was trading at $3,266, reflecting a 3% decline over the past 24 hours. Its 24-hour low and high were $3,131 and $3,448, respectively. ETH ETFs saw a weekly inflow of $188 million, indicating investors’ confidence in Ethereum’s long-term potential despite short-term price corrections.

XRP Price Today: XRP is down 4%, still up 25% on the week

Today, the price of XRP was trading at $3.10, recording a 4% decline in the past 24 hours. Its 24-hour low and high were $2.90 and $3.255, respectively. Despite this decline, XRP is still up an impressive 25% over the past week, indicating a strong market performance.

In a notable development, A XRP whale It transferred $95 million worth of tokens before the inauguration of President-elect Donald Trump. This significant move aroused investors’ curiosity, further highlighting XRP’s active trading dynamics.

Solana price today

Today Solana’s price was trading at $239, reflecting a 7% decline over the past 24 hours. Its 24-hour low and high were $231 and $294 respectively, highlighting the high volatility in recent trading sessions.

Today’s highest winning cryptocurrency prices

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

Official Trump (Trump)

Price: $44.17
24-hour profit: +61%

Melania Mimi (Melania)

Price: $8.70
Profit over 24 hours: +19%

FARTCOIN

Price: $1.98
24-hour profit: +13.69%

Dixie (Dixie)

Price: $17.93
Profit over 24 hours: +3%

UNUS SED LEO

Price: $9.74
24-hour profit: +2.15%

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: $0.83
24-hour loss: -26%

Sonic (formerly FTM) (S)

Price: $0.53
Loss over 24 hours: -21%

Dujoyfat (WIF)

Price: $1.43
Loss over 24 hours: -19%

Obese Penguins (PENGU)

Price: $0.024
24-hour loss: -17%

Floki (Floki)

Price: $0.0001398
24-hour loss: -17%

Crypto meme prices today

Top coins meme It showed downward momentum after the launch of the Trump and Melania coins. Dogecoin (DOGE) is down 10% and is trading at $0.3626, while Shiba Inu (SHIB) is down 9% to $0.00002055.

Other notable cryptocurrencies such as PEPE, BONK and WIF have fallen by 15% to 18% in the past 24 hours, with liquidity flowing towards the newly launched Trump Coin and Melania Meme Coin, which have risen in price.

The hourly chart also indicates a consolidation phase, as Bitcoin price fell from $106,000 to $101,000. Major altcoins are following a similar trend, and it remains to be seen how the market will react after Donald Trump’s presidential inauguration. Today’s cryptocurrency prices continue to reflect this uncertainty.

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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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