Cryptocurrency Price Today: Bitcoin price rises above $95,000; XRP and Stellar jump up to 21%

the Crypto market Showing upward momentum today, with… Bitcoin (BTC) crosses $95,000 after briefly falling to $92,000. Other major tokens, including Stellar, XRPand SolanaIt has risen by 21% in the past 24 hours

As of 11:07 AM EST, Bitcoin was trading at $95,560, up 2%, with an intraday high of $95,824. Ethereum It also rose 1.9%, trading at $3,409.

Major altcoins also saw notable gains, with XRP up 12.4%, Solana up 8%, Cardano up 10%, and Stellar up 21%. The global market value of cryptocurrencies rose by about 2.9%, to $3.36 trillion, while trading volume fell by 9.15% to $99.6 billion. With the holiday season over, trading volume is expected to increase by next week.

“The new year has brought renewed buying interest to the broader cryptocurrency market, with tokens such as ETH ETF has inflows at $36 million, indicating a rebound in institutional trading activity, and with Trump soon taking office as a major catalyst, we could see some price action. Idul Patel, CEO of Mudrex, in the coming weeks.Read also: Top 6 Fast-Growing Cryptocurrencies to Watch to Maximize Profit

Meanwhile, CoinSwitch Markets desk noted, “Bitcoin remains within a range between $92,300 and $96,000, facing resistance amid weak retail demand in the US. The Coinbase Premium Index has hit a 12-month low, putting “Reflects increasing selling pressures, while long-term holders are settling in. Large earnings pose a risk of a sell-off in the new year.”

“Bitcoin remains range bound around $95,000, with $94,000 serving as a key support level,” added Vikram Suburaj, CEO of Giottus.

Read also: Small Indian cities are joining the cryptocurrency boom, expanding beyond major metros

According to CoinMarketCap, stablecoins now make up 91.68% of the total 24-hour cryptocurrency market volume, worth $91.32 billion. Bitcoin’s market capitalization has risen to $1.89 trillion, and its volume in the past 24 hours has fallen by 28.5% to $29 billion.

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