News View Non-AMP

Crypto News Today (Jan 28th, 2025): Bitcoin Price Tops $103K | Altcoins Face Volatility Amid FOMC?

Published by
Shrishesh Tanksalkar

The crypto market today has experienced a notable surge, with the market cap increasing by 2.67% to $3.52 trillion. Trading volume soared by 72.41% in the last 24 hours, reaching $192.37 billion, signaling heightened market activity. The Fear & Greed Index remains steady at a neutral score of 53, reflecting balanced investor sentiment amid the FOMC meeting.

Bitcoin Price Peaks Above $103k

Bitcoin continues its impressive rally, gaining 3.20% in the past 24 hours to trade at $103,318.10. Its market cap now stands at $2.04 trillion, with trading volume zooming up by an astounding 102.51% to $79.29 billion. That being said, in the volatility BTC’s dominance holds at 57.92%, underscoring its stronghold in the cryptocurrency market.

Interested in BTC’s next big move? Read our Bitcoin (BTC) Price Prediction 2025, 2026-2030

Ethereum posted a substantial decline on its daily chart, falling 5.99% to $3,144.85. Solana and XRP also faced sharp corrections, falling by 10.29% and 6.07%, respectively. This highlights a challenging day for major altcoins as market volatility intensifies.

Curious about Ethereum’s future? Check out our Ethereum (ETH) Price Prediction 2025, 2026-2030

Top Gainers & Losers

Talking about top gainers, Jupiter led at the forefront, surging by 25.84% to $1.21, followed by GateToken (GT) with a 14.11% gain and TRUMP with a 13.19% price spike. However, the biggest losers included XCN, plummeting by 15.63%, and PENGU, which fell by 15.50%.

What Lies Ahead?

Marketers are closely monitoring the results of the Federal Open Market Committee meeting. Although no immediate policy changes are expected, the event could influence broader market trends.

FAQs

How much is Bitcoin trading for today?

Bitcoin is trading at $103,318.10, reflecting a 3.20% gain in the last 24 hours.

Which tokens gained the most in the past 24 hours?

Jupiter led the pack with a 25.84% surge, followed by GateToken and TRUMP with gains of 14.11% and 13.19%, respectively.

How has Ethereum (ETH) performed recently?

Ethereum has seen a decline of 5.99% in the past 24 hours, trading at $3,144.85.

Shrishesh Tanksalkar

Recent Posts

M2 Money Supply vs. Global Liquidity: Don’t Get Mistaken!

The crypto market is always shifting based on global money trends, but a new debate…

April 1, 2025

XRP’s Worst-Case Scenario Could See a Drop to $0.30

XRP holders are finding themselves at a crossroads as recent market trends raise questions about…

April 1, 2025

Bitcoin’s Price Dropped by 5%—Experts are Seizing the Moment: RUVI AI’s Token Presale Launching in a few Hours

Bitcoin, the flagship cryptocurrency, has taken a hit with a 5% drop in its price.…

April 1, 2025

Will Dogecoin (DOGE) Crash or Skyrocket?: Data

Amid market uncertainty, Dogecoin (DOGE), a popular and the world’s largest crypto meme coin, appears…

April 1, 2025

Should Shiba Inu (SHIB) & Dogecoin (DOGE) Be Worried? Panshibi (SHIBI) Emerges As Best New Investment Pick This Easter!

According to historical footprints in the global crypto market, festive seasons are always important for…

April 1, 2025

Massive Buys Continue Into Panshibi (SHIBI) The Wildcard Launch As Pepe (PEPE) & Shiba Inu (SHIB) Investors Join The Bull-Run

Pepe Coin (PEPE) continues to struggle. Resistance limits upward momentum, and even a potential rally…

April 1, 2025