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Explore today’s top price action, market caps, and trading volumes
Crypto Price Update - The cryptocurrency market on January 17, 2025, continues to demonstrate dynamic price action across various assets. Major players like Bitcoin (BTC) and Ethereum (ETH) hold their dominance, while altcoins like XRP, Dogecoin (DOGE), and Chainlink (LINK) see notable movements. Here's a detailed analysis of today's top cryptocurrencies, focusing on their current prices, 24-hour changes, trading volumes, and market capitalizations.
Bitcoin (BTC) Remains Above $100,000
Bitcoin, the leading cryptocurrency by market capitalization, has solidified its position above the $100,000 mark. Trading at $101,712.82, BTC experienced a 2.39% increase over the past 24 hours. This growth came alongside a robust $57.13 billion trading volume, reflecting sustained investor interest. Bitcoin's market cap stands at an impressive $2.015 trillion, highlighting its continued dominance in the crypto ecosystem.
Ethereum (ETH) Trades Steady Near $3,375
Ethereum, the second-largest cryptocurrency, is trading at $3,375.23, with a slight 0.14% uptick in the last 24 hours. Despite its modest growth, Ethereum's $27.18 billion trading volume showcases consistent market activity. The asset’s market cap is currently valued at $406.72 billion, making it a cornerstone of decentralized finance (DeFi) and smart contract platforms.
XRP Soars with a 9.67% Gain
XRP has emerged as a standout performer today, rising by 9.67% to reach $3.35. This surge was accompanied by a substantial $24.13 billion trading volume, reflecting heightened trading activity. XRP’s market capitalization now stands at $192.99 billion, reinforcing its position among the top-tier cryptocurrencies.
BNB Sees Steady Growth
BNB, the utility token of the Binance ecosystem, is trading at $717.20, reflecting a 1.17% increase over the past 24 hours. Its $1.93 billion trading volume highlights moderate activity, while its market cap remains robust at $103.28 billion. BNB continues to be a preferred choice for traders within the Binance ecosystem.
Dogecoin (DOGE) Gains 3.19%
Dogecoin, the meme-inspired cryptocurrency, witnessed a 3.19% increase in its price, trading at $0.3879. Its $4.11 billion trading volume indicates a steady interest among traders. Dogecoin's market cap is currently valued at $57.29 billion, securing its place as a significant altcoin.
Cardano (ADA) Rises by 7.63%
Cardano recorded a notable 7.63% increase, bringing its price to $1.13. With a $2.31 billion trading volume, the cryptocurrency is experiencing a resurgence in activity. Its market cap now stands at $39.85 billion, underscoring its growing presence in the blockchain space.
TRON (TRX) Climbs 3.53%
TRON is trading at $0.2428, reflecting a 3.53% increase in the last 24 hours. The asset saw a $948.64 million trading volume, indicating consistent market interest. TRON’s market cap is valued at $20.94 billion, maintaining its relevance in the crypto space.
Avalanche (AVAX) Increases by 3.86%
Avalanche, known for its scalable blockchain solutions, has risen by 3.86% to trade at $40.65. The cryptocurrency recorded a $496.24 million trading volume, while its market cap reached $16.74 billion. AVAX continues to attract attention for its innovative ecosystem.
Wrapped Bitcoin (WBTC) Mirrors Bitcoin's Rise
Wrapped Bitcoin, which tracks Bitcoin’s price, is trading at $101,375.58, with a 2.29% increase. Its trading volume over the past 24 hours was $342.68 million, and its market cap stands at $16.54 billion, making it a key asset for DeFi applications.
Chainlink (LINK) Surges by 9.78%
Chainlink saw a significant 9.78% rise, bringing its price to $23.90. The asset recorded a $1.05 billion trading volume, showcasing strong market engagement. LINK's market cap is now at $15.2 billion, cementing its status as a leader in decentralized oracle solutions.
Stellar (XLM) Gains 4.47%
Stellar, known for its cross-border payment capabilities, rose by 4.47% to trade at $0.4927. Its $1.91 billion trading volume and $15.07 billion market cap highlight its sustained appeal among investors and developers alike.
Hedera (HBAR) Surges by 16.42%
Hedera emerged as one of the top performers, with a 16.42% gain pushing its price to $0.3851. The asset’s $2.72 billion trading volume reflects significant market activity, while its market cap is now valued at $14.8 billion, signaling growing adoption.
Sui (SUI) Up by 4.38%
Sui, a relatively newer player, saw its price rise by 4.38% to reach $4.83. With a $1.84 billion trading volume, the token is gaining traction, and its market cap is currently at $14.6 billion.
Toncoin (TON) Maintains Stability
Toncoin is trading at $5.52, with a modest 0.37% increase over the past 24 hours. Its $190.08 million trading volume indicates steady market interest, while its market cap is valued at $13.73 billion.
The cryptocurrency market on January 17, 2025, showcases a mix of stability and vibrant price movements. Bitcoin and Ethereum maintain their dominance with steady gains, while altcoins like XRP, HBAR, and LINK see significant surges. With billions in trading volumes, the market reflects robust investor participation and continued confidence in the digital asset ecosystem.