Market Cap: $2.684T 1.560%
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  • Market Cap: $2.684T 1.560%
  • Volume(24h): $82.932B -12.740%
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  • Market Cap: $2.684T 1.560%
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Cryptocurrency News Articles

Bitcoin ($BTC) Surpasses $103K and Solana ($SOL) Gains 6.48% as Market Cap Reaches $3.69T

Jan 28, 2025 at 11:00 pm

The crypto sector is recovering significantly as the prominent assets have reached noteworthy price levels. As per CryptoRank.io, Bitcoin ($BTC) has spiked above the $103,114 spot while Solana ($SOL)’s price has increased to $240, showing a substantial market recovery.

Bitcoin ($BTC) Surpasses $103K and Solana ($SOL) Gains 6.48% as Market Cap Reaches $3.69T

The crypto market is experiencing a significant upswing with top assets reaching remarkable price points. According to CryptoRank.io, Bitcoin ($BTC) has surged past the $103,114 mark, while Solana ($SOL) has seen a 6.48% rise, reaching $240.

The broader market is showing signs of recovery. $BTC is trading at $103K, and $SOL has hit $240. $JUP, $AERO, and $HYPE have also gained 15% and more, but AI-agent tokens are recovering cautiously.

In addition to Bitcoin and Solana, other prominent cryptocurrencies like Ripple ($XRP), Dogecoin ($DOGE), and Cardano ($ADA) have also witnessed substantial price increases. Moreover, the latest successful funding rounds and key institutional developments contribute to the overall positive market outlook.

Overall, the crypto market is seeing a rise in investor confidence that is helping to build bullish momentum. The market cap has reached $3.69T as $BTC surpasses $103K and $SOL gains.

CoinRank.io also highlights that the ongoing recovery in the crypto market has touched a new level. Particularly, Bitcoin’s rise above $103,114 denotes a 4.7% upsurge over the past 24 hours. In the meantime, Solana has seen a 6.48% jump to touch the $240 mark.

The cumulative market capitalization of the crypto sector is currently standing at $3.69T. This figure accounts for a 3.55% spike. Apart from that, the spot trading volume over 24 hours has touched $81.06B, displaying a 5.30% rise.

Recently, the crypto market reportedly experienced a steep decline due to a Chinese app. The release of the Chinese AI application named “DeepSeek” triggered broad-scale liquidations in the crypto market. As a result of this, within twenty-four hours, total liquidations rose to almost $613M.

The crypto exchange $HTX saw the largest single liquidation, accounting for $98.46M. Nevertheless, the ongoing recovery underscores a positive development as Cardano ($ADA), Dogecoin ($DOGE), and Ripple ($XRP) have recorded +8.05%, +7.01%, and +11.36% increases.

Amid the crypto market revival, several large-cap crypto projects have gained enormous increases, as reported by CoinRank.io. Specifically, $GT, $HYPE, $AERO, and $JUP jumped by +14.3%, +15.7%, +18.8%, and +26.1% surges respectively.

Along with that, the small-cap gainers take into account $FSTR, $PEPO, $KYVE, $MULTI, and $LUMO. They denote +76%, +114%, +122%, +135%, and +143% increases. Furthermore, World Liberty Fi, Pell Network, and Humanity have raised $10M, $3.5M, and $20M in respective funding rounds. Keeping this in view, the market is going through a growing confidence for further upward momentum.

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