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

Toncoin Price Analysis and Short Term Targets

The DeFi ecosystem on the TON network has significantly grown in the recent past bolstered…

May 16, 2025

Judge Analisa Torres Denies Ripple and SEC’s Motion for an Indicative Ruling: What Next for XRP?

The recent developments keep the SEC vs Ripple case on track for possible appeals. XRP…

May 16, 2025

FTX to Distribute Over $5B to Creditors Beginning May 30, 2025

The defunct cryptocurrency exchange partnered with Kraken and BitGo to facilitate the distribution of funds…

May 16, 2025

SEC vs Coinbase: Crypto Exchange Under Investigation for Allegedly Misstating User Data

Coinbase has been under Wall Street scrutiny following its recent addition to the S &…

May 16, 2025

Ethereum Price Still Stuck Below 2023 Levels, Why is ETH Struggling While SUI & UNIL Explode

Ethereum (ETH) is set to start May with a positive monthly candlestick since December 2024.…

May 15, 2025

Doge Demand Slows Down While Nexchain Tops Market Expansion In Its Presale

As the crypto industry matures, meme-driven assets such as Dogecoin are losing popularity, while utility-focused…

May 15, 2025