Market Today January 25

Bitcoin, ETH In Consolidation, Meme & AI Coins DipCrypto Market Today January 25

Bitcoin, ETH In Consolidation, Meme & AI Coins Dip

Crypto Market Today Jan 25: Cryptocurrency prices today have sparked mixed market sentiments, with BTC and top coins mainly consolidating. While Bitcoin’s price held at the $104K level as the week came to a close, Ethereum, Solana, and XRP also managed to prevent major dips.

Simultaneously, the global crypto market cap jumped nearly 1% over the past day to rest at $3.58 trillion on Saturday. However, traders appear to be cautious amid the broader market turbulence, as flagged by a 34% decrease in the intraday global market trading volume. Also, meme coins like Dogecoin, Shiba Inu, and PEPE hovered into the red zone today. AI coins such as NEAR, ICP, and FIL have followed, mimicking a waning action.

Market Resilient As BTC, ETH, XRP Prevent Any Major Downfall

Despite the broader market volatility brewing in recent days, Bitcoin and top assets have prevented major price downturns, although they are moving sideways and consolidating. Notably, BTC, ETH, XRP, and SOL prices were down slightly by 1%-3% from yesterday. Meme coins also witnessed a fall of roughly 2% intraday. Also, the AI Coins sector saw NEAR, ICP, and FIL mimic a similar slumping action.

Flagship Crypto At $104K Amid Broader Market Turbulence

As of press time, BTC price indicated a nearly 1% drop in value and is resting at $104,240. The flagship crypto’s 24-hour low and high were $103,805.97 and $107,098.55, respectively. Looking at the broader price chart, it can be seen that the asset is currently moving sideways, flagging a consolidation period. Nevertheless, Bitcoin’s dominance rose by 0.20% from yesterday, reaching 57.84%.

Notably, the flagship crypto consolidates and prevents a fall despite $1.24 billion worth of inflows into the spot Bitcoin ETFs, as per weekly data by SosoValue for Jan 23. Crypto market watchers continue to monitor the token for further price shifts amid market uncertainty.

Ethereum Price At $3,300 Level

ETH price witnessed a 3% dip at the time of reporting and was trading at $3,288. The cryptocurrency’s 24-hour low and high were $3,270.27 and $3,424.90, respectively. Even the broader price chart for Ethereum underscores a period of consolidation. This sideways trading session comes despite $130.14 million weekly inflows into the Ethereum ETFs as of Jan 23.

Meanwhile, crypto analyst Ali Martinez has recently posted on X, revealing that whales purchased over 1.14 million ETH in the last 48 hours. Nevertheless, traders and investors appear to be unsure of future movements amid the broader market turbulence.

XRP price also witnessed a fall of nearly 2% in the past 24 hours and is currently trading at $3.13. The Ripple-backed crypto’s intraday low and high were $3.09 and $3.20, respectively. Intriguingly, XRP appears to be mimicking the broader market trend, with its weekly chart pointing to a consolidation.

Solana Price Holds Above $250

Further, SOL price witnessed a substantial 6% decrease as of press time, resting at $249. The coin’s 24-hour low and high were $248.35 and $269.81, respectively. Market watchers continue to eye the token amid broader developments, such as stablecoin giant Circle’s constant minting of USDC on the Solana network. Lookonchain revealed on Saturday that Circle minted another 250 million USDC on the network.

Meme Crypto Market Shows Potential

Simultaneously, DOGE price witnessed a nearly 3% price drop in the past 24 hours and is currently trading at $0.3484. SHIB price saw a slump of over 2% in value intraday, reaching $0.00001987. Also, PEPE price tanked by 4% over the past day and is sitting at $0.00001497. Besides, other tokens such as TRUMP, BONK, and PENGU have also traded dominantly in the red zone today.

AI Cryptos Pump

Leading AI coins have witnessed remarkable price dips intraday. NEAR price cracked nearly 3% in the past 24 hours and is currently trading at $4.88. Further, ICP price also followed, down by 3% to $9. Moreover, FIL price slipped over 2% to reach $4.99. Overall, the AI cryptocurrency market has raised severe concerns as it showcased a bearish action in line with the broader market turbulence.

Top Crypto Market Gainers Today

GateToken (GT)

Price: $25.57

24-hour Gains: +11%

LidoDAO (LDO)

Price: $2

24-hour Gains: +9%

Ondo (ONDO)

Price: $1.45

24-hour Gains: +9%

KuCoin Token (KCS)

Price: $13.27

24-hour Gains: +7%

Top Crypto Market Losers Today

Official Trump (TRUMP)

Price: $29.06

24-hour Loss: -11%

SPX6900 (SPX)

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Price: $1.19

24-hour Loss: -7%

Fartcoin (FARTCOIN)

Price: $1.23

24-hour Loss: -6%

dogwifhat (WIF)

Price: $1.31

24-hour Loss: -5%

Meanwhile, amid the broader crypto market volatility, analyst Ali Martinez’s recent X post has raised severe concerns among traders and investors globally. “There won’t be an alt season,” the analyst stated on Saturday.