Cryptocurrency Market Today (January 24, 2025): Bitcoin price rises amid Trump’s executive order

Today the cryptocurrency market was in a state of volatility, highlighting a mixed set of positive and negative price trends. Talking about the market capitalization of this industry, the company’s valuation rose by 2.35% in the last 24 hours to reach $3.6 trillion. Trading volume increased significantly by 39.60%, indicating increasing investor interest. Respectively, the fear and greed index highlights a “greed” score of 61.

Trump’s Executive Order: A Game Changer for the Cryptocurrency Market?

In a bold move, US President Donald Trump signed an executive order to cement America’s dominance in digital finance. The order introduces a national digital asset stockpile, a regulatory framework for cryptocurrencies, and a pro-innovation agenda. Notably, this order bans CBCS while giving priority to decentralized cryptocurrencies.

Market Overview: Bitcoin and Ethereum lead the way

Bitcoin’s price has risen by 2.92% in the past 24 hours, cementing its dominance with a market cap of $2.07 trillion. Despite its recent gains, market sentiment remains cautiously optimistic, which is reflected in the Fear and Greed Index score of 61. Ethereum also posted a strong performance, rising 4.94% to $3,374.23, while Solana rose 3.95% to $259.21.

Are you concerned about the next price target for Bitcoin? Read our Bitcoin (BTC) price predictions for 2025, 2026-2030

Top winners:

• MNT: +14.11% to $1.22
• KCS: +9.21% to $12.42
• JUP: +8.44% to $0.8305

Biggest losers:

• AI16Z: -9.41% to $0.858
• Trump: -8.15% to $33.62
• Vartcoin: -7.53% to $1.32

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