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Cryptocurrency News Articles

Bitcoin (BTC) Price Today - January 7: BTC Reclaims $100,000 Milestone, ETH Price Dips Marginally

Jan 07, 2025 at 02:19 pm

Bitcoin (BTC), the world's oldest and most valued crypto, managed to rise above the $101,000 mark early Tuesday.

Bitcoin (BTC) Price Today - January 7: BTC Reclaims $100,000 Milestone, ETH Price Dips Marginally

Bitcoin price rose above the $101,000 mark early Tuesday, while most other popular altcoins also largely saw gains across the board. At the time of writing, the global crypto market cap stood at $3.58 trillion, registering a 24-hour jump of 1.19 percent. Among the top crypto gainers over the past 24 hours were SPX6900 (SPX), Injective (INJ), Filecoin (FIL), XDC Network (XDC), and AIOZ Network (AIOZ).

Bitcoin price stood at $101,800.72, registering a 24-hour jump of 2.16 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 85.52 lakh.

Ethereum price stood at $3,668.23, marking a 24-hour dip of 0.19 percent at the time of writing. Ethereum price in India stood at Rs 3.16 lakh.

DOGE price stood at $0.39, registering a 24-hour jump of 0.78 percent, as per CoinMarketCap data. Dogecoin price in India stood at Rs 33.27.

Litecoin saw a 24-hour loss of 1.80 percent. At the time of writing, it was trading at $112.77. LTC price in India stood at Rs 9,877.32.

XRP price stood at $2.44, seeing a 24-hour gain of 1.36 percent. Ripple price in India stood at Rs 207.21.

Solana price stood at $216.07, marking a 24-hour jump of 0.63 percent. SOL price in India stood at Rs 18,514.61.

Top Crypto Gainers Today (January 7)

As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:

SPX6900 (SPX)

Price: $1.5324-hour gain: 15.98 percent

Injective (INJ)

Price: $25.9224-hour gain: 11.24 percent

Filecoin (FIL)

Price: $6.2024-hour gain: 10.17 percent

XDC Network (XDC)

Price: $0.0973624-hour gain: 8.94 percent

AIOZ Network (AIOZ)

Price: $1.1424-hour gain: 7.97 percent

Top Crypto Losers Today (January 7)

As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

Fartcoin (FART)

Price: $1.1524-hour loss: 15.92 percent

Ethena (ENA)

Price: $1.1524-hour loss: 8.01 percent

Virtuals Protocol (VIRTUAL)

Price: $3.8824-hour loss: 7.64 percent

Fantom (FTM)

Price: $0.773824-hour loss: 5.58 percent

Curve DAO Token (CRV)

Price: $0.987224-hour loss: 5.58 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin continued its New Year rally, reclaiming the $100,000 milestone, driven largely by significant ETF inflows. On Monday, BTC spot ETFs saw net inflows of $759 million, building on the $900 million inflows from the previous session, taking Bitcoin into six-figure territory. Additionally, the anticipation of pro-crypto candidate Pierre Poilievre becoming Canada’s next prime minister, replacing Justin Trudeau strengthened the market sentiment increasing broader market activity. Currently trading at $102,000, Bitcoin faces its next resistance at $104,700 with support moving up to $98,500.”

Avinash Shekhar, Co-founder & CEO, Pi42, said, “The crypto market is experiencing a boom in 2025, with Bitcoin, XRP, and Solana having effectively captured the attention of investors with their tremendous potential gains. Bitcoin has just recently surpassed the dreaded and psychological resistance of the $100k mark, and optimism is that by February, it could

News source:news.abplive.com

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