Crypto Price Today (Jan 07th, 2025): Bitcoin Price Climbs Above $100k
Today, the cryptocurrency market started the Asian trading session on a positive note, with the total market capitalization increasing by 1.06% in 24 hours to reach $3.58 trillion. Daily business increased significantly by 39.66% to US$127.33 billion. The Fear and Greed Index currently stands at 66, indicating growing “greedy” sentiment among investors.
Bitcoin price surges above $100,000 today!
Today the price of Bitcoin rose 2% from the previous day to $101,722.53. Strong institutional support helped Bitcoin prices rise from a 24-hour low of $98,713.65 to a peak of $102,712.49. The market value increased by 2.05% to US$2.01 trillion, while the trading volume increased significantly by 89.17% to US$49.57 billion.
Curious about BTC’s next price target? read our Bitcoin price prediction in 2025, 2026-2030!
Are Altcoins Resisting Bitcoin?
Ethereum price encountered some resistance on the daily chart, falling 0.66% to $3,669.87. On the other hand, Solana and XRP saw quite subtle changes, with SOL falling 0.18% to $216.23 and XRP rising 0.17% to $2.42.
Interested in Ethereum price predictions? Check Ethereum price prediction in 2025, 2026-2030!
Top Gainers and Losers
The biggest gainer on the day was Worldcoin (WLD), which rose 5.80% to $2.57, followed by Render Token (RNDR) and BitTorrent (BTT), which rose 5.14% and 5.07% respectively. On the downside, FARTCOIN was hit hard, plunging 15.88% to $1.15, followed closely by ENA and VIRTUAL, which fell 8.01% and 7.62% respectively.
FAQ
The global cryptocurrency market value reaches $3.58 trillion, up 1.06% in the past 24 hours.
The biggest gainers were Worldcoin (WLD), up 5.80%, Render Token (RNDR), up 5.14%, and BitTorrent (BTT), up 5.07%.
The Fear and Greed Index is 66, reflecting “greedy” sentiment and indicating investor optimism.