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Reading: Cryptocurrency Prices Show a Strong Rise: Those 3 Cryptocurrencies Are Ahead!
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EdaFace Newsfeed > Latest News > Bitcoin and BTC > Cryptocurrency Prices Show a Strong Rise: Those 3 Cryptocurrencies Are Ahead!
Bitcoin and BTC

Cryptocurrency Prices Show a Strong Rise: Those 3 Cryptocurrencies Are Ahead!

vitalclick
Last updated: January 4, 2025 8:56 am
3 weeks ago
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Contents
Bitcoin and Other Cryptos on the RiseTop Earning CryptosTop Losing Cryptos

Cryptocurrency prices showed a strong upward trend today. As Bitcoin celebrated its 16th anniversary, it rose from $92,000 to $98,000 in a single increase. Internet Computer (ICP) and EOS were among the top gainers with a 15 percent price increase in the last 24 hours. Also Dogecoin $0.339813 Meme coins such as (DOGE) and Bonk (BONK) also increased by 15 percent, positively affecting market sentiment.

Bitcoin and Other Cryptos on the Rise

Bitcoin (BTC) $96,525.2 Its price reached $98,267, increasing by 1.26 percent in the last 24 hours. Ethereum (ETH) $3,440.9XRP and Solana (SOL) also gained ground, with most major cryptocurrencies trading in the green zone. Cryptocurrency prices today reflect a steady uptrend among major digital assets. “We plan to raise additional capital to increase Bitcoin purchases,” MicroStrategy said.

The Bitcoin ETF received a significant inflow of $655 million on January 3. Fidelity was the institution that invested the most with $356 million. Ark & 21Shares followed with $222 million. Bitwise invested $61 million and Grayscale invested approximately $9 million. BlackRock’s data on ETF inflows is still awaited. Cryptocurrency prices continue to strongly reflect interest in Bitcoin investments today.

Top Earning Cryptos

Internet Computer (ICP) price increased by 15 percent in the last 24 hours, reaching $12.39. EOS, on the other hand, increased by 15 percent to $ 0.93. Meme coins also performed strongly; Dogecoin (DOGE) increased by 14 percent and Shiba Inu (SHIB) increased by 9 percent. Other meme coins such as Bonk, PEPE and WIF also gained between 5 and 15 percent. However, Pudgy Penguins (PENGU) fell, becoming one of the few exceptions to the meme coin rally.

Top Losing Cryptos

FTX Token (FTT) became the cryptocurrency that lost the most, falling 9 percent in the last 24 hours. FTX has initiated the process of distributing funds to debtors under Chapter 11. Virtual Protocols (VIRTUAL) showed the second worst performance, losing 6 percent in value.

Hourly charts show that Bitcoin and major altcoins have continued their upward trend in recent hours. Analysts from Coingape stated that they expect 2025 to be the year of ETFs and are debating which crypto ETF will be approved first.

Overall increased investor interest and positive market sentiment in the cryptocurrency market indicates a steady rise in the value of digital assets. The performance of prominent cryptos and the increasing trading volume indicate that the market is following a positive trend.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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