Crypto prices rebound on Jan 28: BTC above $103K, XRP surges 5%

Crypto prices rebound on Jan 28: BTC above $103K, XRP surges 5%
фото показано с : invezz.com

2025-1-28 08:55

The crypto market saw some recovery in the past 24 hours after the crash endured on Monday.

Bitcoin (BTC) managed to reclaim the $103,000 mark intraday, while leading altcoins like Ethereum (ETH) and XRP also saw recovering price action.

Meme coins have mirrored this broader market movement, facing turbulence but ultimately recovering over the past 24 hours.

The global crypto market cap is up 2.66% from the previous day at $3.52 trillion.

The total cryptocurrency market volume over the last 24 hours stands at $193.49 billion, marking a 75.12% increase. Stablecoins account for $175.85 billion, or 90.89%, of the total market volume.

The recovery comes ahead of the US Fed’s meeting scheduled later this week.

According to the CME FedWatch tool, there is a 97.3% probability that the FOMC will leave interest rates unchanged.

This decision could be detrimental to risk assets like crypto. Traders and investors have reacted cautiously, leading to substantial liquidations and erratic price movements.

Bitcoin (BTC) price today

BTC price rose by nearly 1% in the past 24 hours, trading at $103,103.17. The coin’s 24-hour low and high were $97,795 and $103,359, respectively.

Bitcoin’s dominance is at 57.93%, showing a slight decrease of 0.05% over the day.

Despite recent dips before the FOMC meeting, BTC has managed to recover intraday.

Trading volume for Bitcoin surged up over 122% to $81.57 billion.

MicroStrategy purchased an additional 10,107 BTC for $1.1B at an average price of $105,596 per Bitcoin during the period between January 21 and January 26

Ethereum (ETH) price today

ETH price also gained about 1.78% and is currently priced at $3,211.68.

The coin’s intraday low and high were $3,024.09 and $3,234.95.

Trading volume for the coin has gone up 73% to $35 billion.

Trump’s Liberty Financial bought 3,247 ETH during the recent dip, adding to optimism about Ethereum’s future.

XRP and SOL price today

Ripple’s XRP regained the $3 mark on Tuesday. XRP price surged over 5% today, reaching $3.12.

The coin’s intraday low and high were $2.71 and $3.14.

XRP’s intraday trading volume surged by 182% to $15.38 billion, and analyst Ali Martinez noted that whales purchased over 120 million coins during the recent dip.

SOL’s price is also rebounding today. SOL has surged around 4% in the last 24 hours at $241.39.

Trading volume for the coin is up 61% at $9.38 billion.

Top crypto gainers and losers

The top crypto gainers today include Jupiter (JUP), which surged by 27% to $1.24. Hyperliquid (HYPE) rose by 17%, trading at $23.76. XDC Network (XDC) gained 13%, at $0.1149.

On the losers side, Pudgy Penguins (PENGU) dropped 16%, falling to $0.0192. Onyxcoin (XCN) also saw a 16% decline, trading at $0.03008. AIOZ Network (AIOZ) fell by 4%, reaching $0.7927.

Broader crypto price action

Tether (USDT) is currently trading at $0.9999, showing a 0.06% gain in the last 24 hours.

Stellar (XLM) is trading at $0.4102, with a 4.68% increase over the past 24 hours.

Sui (SUI) is currently at $3.98, showing a 8.45% gain in the last day.

Shiba Inu (SHIB) is currently trading at $0.00001924, up 4.78% in the last 24 hours.

Stacks (STX) is at $1.30, with a 2.23% increase in the last day.

Theta Network (THETA) is currently trading at $1.94, showing a 4.89% gain in the last 24 hours.

The Graph (GRT) is at $0.1771, with a 2.89% increase in the last day.

Tezos (XTZ) is currently trading at $1.11, showing a 4.37% gain in the last 24 hours.

THORChain (RUNE) is currently at $2.34, down 4.28% in the last 24 hours.

Terra Classic (LUNC) is currently trading at $0.00007788, showing a 4.55% gain in the last 24 hours.

Theta Fuel (TFUEL) is at $0.06151, up 3.83% in the last day.

SushiSwap (SUSHI) is trading at $1.25, with a 7.56% increase over the past 24 hours.

Siacoin (SC) is currently at $0.005173, showing a 1.75% gain in the last day.

Threshold (T) is trading at $0.02468, up 1.34% in the last 24 hours.

Storj (STORJ) is at $0.432, with a 2.83% increase in the last day.

Status (SNT) is currently trading at $0.03945, showing a 0.68% gain in the last 24 hours.

Stratis [New] (STRAX) is at $0.07042, down 2.51% in the last day.

Steem (STEEM) is currently trading at $0.2158, down 3.24% in the last 24 hours.

TokenFi (TOKEN) is at $0.03526, with a 7.91% increase in the last day.

Serum (SRM) is currently trading at $0.02539, showing a 0.22% decrease in the last hour and a 4.86% gain in the last 24 hours.

Skycoin (SKY) is currently trading at $0.05547, showing a 0.01% gain in the last hour and a 19.49% gain in the last 24 hours.

The post Crypto prices rebound on Jan 28: BTC above $103K, XRP surges 5% appeared first on Invezz

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