Altcoin
BTC At $104K, Altcoins Mainly Flux, MNT Up 10%
The crypto prices today have raised uncertain speculations among traders and investors globally, encountering market turbulence. While Bitcoin (BTC) price traded above the $104K level on Friday, leading altcoins have shown mixed actions. Notably, Ethereum (ETH) and Solana (SOL) traded in the green zone, whereas XRP and meme coins like DOGE traded in the red.
Simultaneously, the global crypto market cap witnessed a marginal 0.11% fall over the past day, reaching $3.54 trillion as of press time. However, the total market volume witnessed a notable 40% uptick from yesterday, reaching $202.98 billion.
Here’s a brief report on some of the most renowned cryptocurrencies and their price action on January 24.
Crypto Prices Today: Bitcoin & Altcoins Flag Mixed Signals
Notably, BTC and top alts such as Ether and SOL have traded in the green, gaining 1%-3% intraday. However, XRP and meme coins such as DOGE and Shiba Inu have lost nearly 2% in value. Overall, the mixed price movements underscored a highly volatile trend currently prevailing across the broader crypto sector, with market watchers cautious over future price movements.
Bitcoin Price Today At $104K
BTC price recorded gains worth 1% in the past 24 hours and is currently trading at $104,088. The flagship crypto’s 24-hour low and high were $101,257.80 and $106,820.33, respectively. Notably, BTC price traded in the green alongside soaring optimism in light of heightened market interest in the asset. CoinGape reported that Semler Scientific revealed a $75M convertible notes offering in an effort to expand its Bitcoin strategy.
However, top crypto analyst Ali Martinez has recently posted on X, spotlighting immense greed taking over the Bitcoin market. Altogether, the current market stats have sparked uncertain speculations over the asset’s future trajectory.
Ethereum Price Today Up 2%
ETH price chart illustrated a 2% surge in the past 24 hours and is currently trading at $3,299. The cryptocurrency’s intraday low and high were registered as $3,184.07 and $3,347.66, respectively.
A recent ETH price analysis by CoinGape reveals that the token struggles to surpass the $3,500 mark amid severe market concerns prevailing in light of the Ethereum Foundation’s selloffs. Market watchers continue to eye short-term volatility amid these selloffs, driven by uncertain investor sentiments.
XRP Price Today Slips 1%
XRP price also showcased a waning movement, falling nearly 1% in the past 24 hours to $3.12. The token’s broader chart showcases a period of sideways trading, with the intraday low and high being $3.04 and $3.17, respectively.
Despite the recent slumping action, a recent XRP price analysis by CoinGape revealed that the crypto eyes a $5 price target in the wake of bullish market dynamics. Intriguingly, the coin’s potential upside includes a stockpile of catalysts, encompassing a potential Ripple ETF approval, XRP futures launch by CME, and RLUSD adoption.
Solna Price Today Rides Rollercoaster
SOL price chart indicated a highly turbulent movement, with the asset hovering in both red and green territories intraday. As of press time, SOL price gained nearly 1.5% and is sitting at $252.63. The coin’s intraday low and high were $242.50 and $257.43, respectively.
A recent SOL price analysis by CoinGape revealed that the token could potentially rally to $300 ahead, given the market sees a Solana ETF approval.
Meme Crypto Prices Today
Simultaneously, DOGE price waned by 1% in the past 24 hours to reach $0.3483. Further, even SHIB price tanked nearly 2% intraday, reaching $0.00001978. The TRUMP token also followed, crashing 11% and standing at $33.09. Overall, the broader meme coin sector has seen remarkable volatility in the past 24 hours.
Top Crypto Gainer Prices Today
Mantle (MNT)
Price: $1.17
24-hour Gain: +10%
Ethereum Classic (ETC)
Price: $27.14
24-hour Gain: +3%
Jupiter (JUP)
Price: $0.7976
24-hour Gain: +3%
KuCoin Token (KCS)
Price: $12.16
24-hour Gain: +6%
Top Crypto Loser Prices Today
ai16z (AI16Z)
Price: $0.8148
24-hour Loss: -14%
Fartcoin (FARTCOIN)
Price: $1.23
24-hour Loss: -14%
THORChain (RUNE)
Price: $2.78
24-hour Loss: -11%
XDC Network (XDC)
Price: $0.1112
24-hour Loss: -10%
Despite the current price turbulence, broader sentiments surrounding crypto prices’ future appear to be optimistic. MicroStrategy lead Michael Saylor has recently posted on X, stating, “The Crypto Renaissance has officially begun.”
This statement has sparked considerable bullishness, coming against the backdrop of Donald Trump’s recent pro-crypto movers, including the recent rescinding of SAB 121.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
A recent Binance update has triggered massive liquidations while sending Solana memecoin ACT into a steep correction. At first, pundits blamed market maker Wintermute for the jarring declines but Binance’s update to leverage and margin tiers appears to be the culprit.
Several Altcoins on Binance Suffer Massive Corrections
According to an X post, several altcoins listed on Binance took a major hit, dropping by double-digit percentages. The hardest hit of the lot was Solana memecoin ACT, experiencing a sudden drop of over 50% in 30 minutes.
Other altcoins including DEXE and DF equally recorded steep declines of 23% and 16% respectively in the same window. The price slump left traders scratching their heads but a consensus formed that sizable sell orders were behind the declines.
“The sudden dips were triggered by large sell orders executed in a short time frame, leading to a significant surge in spot trading volume,” said one pundit.
Others turned to market maker Wintermute as the trigger for the selloff. However, Wintermute CEO Evgeny Gaevoy denied responsibility while noting that the market maker reacted “post move.”
The decline comes amid a broader market recovery with several cryptocurrencies including Compound (COMP) gaining 70%.
What Triggered The 50% Decline For Solana Meme Coin
A Binance update on leverage and margin tiers on specific tokens like ACT triggered the massive declines. According to an April 1 announcement, the top exchange has updated the margin tiers of several perpetual contracts, noting that existing positions will be affected.
Following the move, one ACT whale got liquidated for $3.79 million at $0.1877, triggering a broad selloff. Former FTX community manager Benson Sun noted that traders had less than 3 hours to respond to the change, criticizing Binance for the move.
“Before changing the rules, Binance should have evaluated how many positions would be closed,” said Sun. “If there are market makers with large positions, they should have notified them in advance.”
Within hours of MUBARAK’s listing, the memecoin tumbled by 40% with Binance CEO Changpeng Zhao downplaying the impact of a listing on prices. Binance has drawn criticism in recent days following its exclusion of Pi Network from its Vote To List initiative.
Aliyu Pokima
Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
A crypto market crash looks imminent, with Bitcoin, Ethereum, XRP, and Dogecoin witnessing notable declines. This price crash happened following the release of weak manufacturing PMI and JOLTS data, which provides a bearish outlook for the market.
Crypto Market Crash: BTC, ETH, XRP, & DOGE Decline
CoinMarketCap data shows that a crypto market crash could be on the horizon, with the Bitcoin price sharply dropping below $83,000 from a daily high of around $84,400. Altcoins such as Ethereum, XRP, and DOGE also witnessed sharp declines.
This market crash occurred following the release of weak ISM manufacturing PMI and JOLTS data. The March PMI data dropped to 49, below expectations of 49.5 and lower than the 50 recorded in February.
The US JOLTS job openings for February came in at 7.568 million, below the expected 7.690 million and lower than the 7.762 million recorded in January. These data add to several macro fundamentals that paint a bearish outlook for the market.
This crypto market crash could persist, with China, Japan, and South Korea agreeing to respond to Donald Trump’s proposed tariffs. Trump is set to announce a number of reciprocal tariffs tomorrow, which could significantly harm the market as it sets off a trade war between the US and other nations.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
The US government’s strategic crypto reserve has been a hot topic of discussion, sparking expert opinions and debates. While President Donald Trump has already signed an executive order for a Bitcoin reserve, the fate of XRP, SOL, and ADA hangs in balance. However, the Trump administration’s upcoming disclosure of its crypto holdings is expected to bring clarity to the inclusion of altcoins in the US reserve.
Notably, the US Department of the Treasury and other government agencies are expected to expose their Bitcoin and other crypto holdings this week. Let’s unveil this crucial move’s potential implications on the US crypto and financial landscapes.
US Government To Disclose BTC and Crypto Holdings
In a recent X post, Bitcoin Magazine CEO David Bailey unveiled a crucial event on April 5, 2025, which is poised to revolutionize the US financial economy. According to Bailey’s post, the US government is set to complete a comprehensive audit of the country’s Bitcoin holdings this Saturday. Bailey said, “Depending on what we learn, might answer many of the open questions about the recent price action.”
The upcoming audit will provide a detailed inventory of the government’s Bitcoin portfolio, held across federal agencies. It will also provide insights into the collection of other cryptocurrencies like XRP, SOL, and ADA. Thus, this audit could also provide clarity into the possibility of including these altcoins in the US crypto reserve.
How Will the Audit Impact the US Crypto Reserve?
For context, President Donald Trump proposed a strategic crypto reserve to include XRP, ADA, and SOL in the US reserve. This development came amid growing speculations of the adoption of Bitcoin as a reserve asset.
Significantly, Trump’s move invoked criticism, with Bitcoin maximalists questioning the legitimacy of other cryptocurrencies to be a national reserve.
Though Trump signed an executive order for establishing a BTC reserve, there is still uncertainty surrounding the altcoin reserve. However, the US government’s decision to reveal its crypto holdings could bring transparency and clarity to the nation’s digital assets. The audit may also shed light on the potential developments within the government and its decision on altcoin reserves.
US Government’s BTC Holdings: A Closer Look
According to Arkham Intelligence data, the US government currently boasts a total of 198,012 BTC worth around $16 billion. As per crypto czar David Sacks’ statement, the US government has seized approximately 400,000 Bitcoin through civil and criminal asset forfeitures over the past decade.
Though the US government’s Bitcoin holdings are well-documented, its altcoin portfolio is still shrouded in uncertainty. Nonetheless, experts believe that the audit has the potential to clarify the government’s altcoin holdings and reserve management strategies.
Nynu V Jamal
Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Binance Megadrop Launches KernelDAO
Wintermute Sells ACT Tokens Due To Binance Limit Changes
Ethereum Founder Buterin Funds Swiss Project With 274 ETH—What’s The Agenda?
Binance Update Sparks 50% Decline For Solana Meme Coin ACT: Details
Bitcoin Stuck in Place as Tariffs and Charts Point Both Ways
BTC, ETH, XRP, DOGE Fall Following Weak PMI, JOLTS Data
2.52 Million Altcoins Are Ruining Crypto’s Future
Animoca Brands Valuation Tanks 75% In Two Years, Here’s Why
Crypto exchange BingX hacked for $43 million
Are The Big Players Losing Interest?
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
Coinbase cbBTC Set to go Live on Solana
2.52 Million Altcoins Are Ruining Crypto’s Future
Animoca Brands Valuation Tanks 75% In Two Years, Here’s Why
Crypto exchange BingX hacked for $43 million
Are The Big Players Losing Interest?
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
Coinbase cbBTC Set to go Live on Solana
-
Market24 hours agoTrump Family Gets Most WLFI Revenue, Causing Corruption Fears
-
Ethereum23 hours agoEthereum’s Price Dips, But Investors Seize The Opportunity To Stack Up More ETH
-
Altcoin19 hours agoCharles Hoskinson Reveals How Cardano Will Boost Bitcoin’s Adoption
-
Market18 hours agoHedera (HBAR) Bears Dominate, HBAR Eyes Key $0.15 Level
-
Altcoin22 hours agoElon Musk Rules Out The Use Of Dogecoin By The US Government
-
Market20 hours agoBlackRock’s Larry Fink Thinks Crypto Could Harm The Dollar
-
Altcoin20 hours agoEthereum Bitcoin Ratio Drops to Record Low, What Next for ETH?
-
Market19 hours agoCoinbase Tries to Resume Lawsuit Against the FDIC
✓ Share: