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Crypto prices are up today, fueled by anticipation for Donald Trump’s inauguration and Gary Gensler’s last day in office. Bitcoin (BTC) price soared to $106K, reflecting strong investor confidence. Meme coins also saw significant gains.
The global crypto market rose by about 2%, reaching $3.66 trillion. Trading volume increased by 3%, reaching $163 billion in the past 24 hours. Here's a closer look at some top cryptocurrencies and their prices today, Jan 18.
Crypto Prices Today: BTC, ETH, XRP, and SOL Performance
Bitcoin (BTC) price rose by 2.5%, trading above $103K, while Ethereum (ETH) gained 1%. Solana (SOL) surged by 6%, reflecting strong investor sentiment. However, XRP saw a 2% decline amidst mixed trends.
Meanwhile, Massachusetts has proposed a Bitcoin reserve bill, which could see the state invest up to 10% of its $9 billion fund in BTC, further boosting market optimism.
Bitcoin Prices Today: Steady Gains Amid Strong Inflows
Bitcoin price is trading at $103,095, with a 24-hour low of $100,941 and a high of $105,890. Its market cap reached $2.05 trillion, showcasing strong market momentum.
SoSo Value data reports $600 million in BTC inflows, with Fidelity leading the purchases at $326 million. Bitwise contributed $208 million, while BlackRock’s data is still awaited, reflecting robust institutional interest.
Ethereum Prices Today: Modest Gains Amid ETF Inflows
Ethereum price is trading at $3,393, reflecting a 1% increase in the last 24 hours. Its 24-hour low and high are $3,348 and $3,525, respectively.
ETH ETFs recorded an inflow of $16 million, with Fidelity leading the purchases by adding $14 million to their holdings on Friday, indicating steady investor interest.
XRP Prices Today: Slight Dip Amid Regulatory Headlines
XRP price is trading at $3.22, marking a 3% decline in the last 24 hours. Its 24-hour low and high stand at $3.182 and $3.342, respectively.
As the news cycle unfolds, Ripple's Chief Legal Officer, Stuart Alderoty, has highlighted SEC Chair Gary Gensler's final day in the role, sparking discussions on future regulatory shifts.
Solana Prices Today: SOL Rises by 6%
Solana (SOL) price is trading at $221, reflecting a 6% increase in the last 24 hours. The 24-hour low and high for SOL are $211 and $228, respectively.
Solana's strong performance underscores the bullish momentum in the crypto market today as investors keep a close eye on key market movers.
Meme Crypto Prices Today
Meme coins are exhibiting bullish momentum as most trade in the green. Dogecoin (DOGE) rose by 7%, now trading at $0.41. Shiba Inu (SHIB) followed with a 6% increase, trading at $0.0000237.
Other notable meme coins also performed well, with PEPE up by 6%, BONK surging by 14%, and SPX6900 (SPX) gaining a remarkable 32%. The meme crypto market today reflects positive sentiment across the sector.
Top Cryptocurrency Gainer Prices Today
As per crypto prices today, here are the top 5 crypto gainers over the last 24 hours:
SPX6900 (SPX): Price – $1.40 | 24-hour gain – 32%
Bonk (BONK): Price – $0.00003271 | 24-hour gain – 14%
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