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2025-01-17 04:02:04

Crypto Market Today Jan 17: BTC Hits $102K, Traders Eye ETH Options Expiry & Trump Trade

The crypto market today reached a $3.56 trillion market cap, surpassing Apple’s $3.5 trillion valuation as the largest company in the world. The market surged by 2.3% in the last 24 hours, with steady trading volume at $152 billion. Bitcoin (BTC) crossed the $102K mark, fueled by optimism surrounding Trump’s upcoming inauguration. Meanwhile, traders are closely watching Ethereum (ETH) options expiry, with $639 million in the notional value set to expire today, as Hedera (HBAR) and FARTCOIN both surged 20% in the last 24 hours. Crypto Market Today: BTC, ETH, XRP, and SOL Maintain Momentum Donald Trump’s upcoming presidency has boosted optimism in the crypto market , with plans for friendlier SEC rules and clearer token guidelines post-inauguration. Additionally, cooling inflation data has raised expectations of further Fed rate cuts, supporting positive sentiment. Today, the crypto market saw BTC rise 1.5%, ETH gain 3%, XRP surge 10%, and SOL climb 5%, reflecting steady growth across major cryptocurrencies. Bitcoin Market Today Bitcoin price was trading at $101,185, with a 24-hour low of $97,405 and a high of $102,080. Its market cap today reached $2 trillion, reflecting strong investor confidence. As per SoSo Value data , BTC ETFs recorded an inflow of $98 million on Thursday. Ark & 21Shares led purchases with $155 million, while Bitwise contributed $2.75 million. BlackRock’s ETF inflow data is still awaited. Ethereum Market Today Ethereum price was trading at $3,368, with a 24-hour low of $3,266 and a high of $3,395. Its market cap has reached $406 billion, showing sustained investor interest. ETH ETFs recorded an inflow of $55 million, with Fidelity leading purchases at $70 million. Meanwhile, Grayscale reported an outflow of $14 million, reflecting mixed institutional sentiment. XRP Market Today XRP price was trading at $3.31, marking a 10% increase in the last 24 hours. Its 24-hour low and high stood at $3 and $3.38, respectively. XRP saw a weekly gain of 45% and an impressive 500% surge over the quarter, showcasing strong market momentum. Ripple CEO Brad Garlinghouse , speaking at CfC St. Moritz, highlighted the potential for U.S. crypto reserves to include XRP, SOL, and USDC, amid growing institutional adoption. The crypto market today reflects this optimism, with XRP gaining significant traction. Solana Market Today Solana price was trading at $212, reflecting a 5% increase in the last 24 hours. Its 24-hour low and high were $198.7 and $216.9, respectively. The market cap for Solana reached $103 billion. Top Crypto Market Gainers Today Here are the top 5 gainers in the crypto market today along with their price and percentage gains over the last 24 hours: Hedera (HBAR): Price – $0.386 | 24-hour gain – 20% Fartcoin (FARTCOIN): Price – $1.46 | 24-hour gain – 20% EOS: Price – $0.983 | 24-hour gain – 14% Algorand (ALGO): Price – $0.48 | 24-hour gain – 11% Flare (FLR): Price – $0.028 | 24-hour gain – 10% Top Crypto Market Losers Today Here are the top 5 losers in the crypto market today, along with their price and percentage losses over the last 24 hours: ai16z (AI16Z): Price – $1.33 | 24-hour loss – 12% Virtuals Protocol (VIRTUAL): Price – $3.47 | 24-hour loss – 5.68% Sonic (S): Price – $0.7751 | 24-hour loss – 5.37% Lido DAO (LDO): Price – $2.00 | 24-hour loss – 4.32% Pudgy Penguins (PENGU): Price – $0.0333 | 24-hour loss – 2.9% Meme Crypto Market Today Meme coins have also shown bullish momentum today. Dogecoin (DOGE) rose by 3%, trading at $0.387, while Shiba Inu (SHIB) gained 2%, trading at $0.00002265. Other notable meme coins like PEPE, BONK, and WIF surged by 2-5% over the last 24 hours. However, the hourly chart indicates some downward pressure, with Bitcoin (BTC) falling by around 1% in the past hour. Fartcoin and IOTA also dropped by 2-5%. In other news, Nasdaq has filed a 19b-4 for the Canary Litecoin ETF. The post Crypto Market Today Jan 17: BTC Hits $102K, Traders Eye ETH Options Expiry & Trump Trade appeared first on CoinGape .

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