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  • Shrishesh Tanksalkar
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    Crypto Price Today (04th Feb, 2025): Bitcoin Nears $100k Again | XCN Becomes Top Gainer

    Story Highlights
    • The crypto market takes a jump of 5.97%, surpassing the $3.21T mark.

    • Bitcoin price inches closer to $100K, reclaiming dominance at 60.84%.

    • Onyxcoin and Bittensor prices rally 30%, leading the top 100 cryptos.

    The crypto market today is witnessing a strong rebound, fueled by the recently signed executive order by U.S. President Donald Trump to form a Sovereign Wealth Fund. The initiative aims to secure long-term economic stability, which has sparked positivity among investors and traders. This sentiment is reflected in the industryโ€™s market cap, which shot up 5.97% in the last 24 hours, now standing at $3.21 trillion. Talking about the Fear & Greed Index, the metric is now signaling a neutral score of 45. 

    Bitcoin Price Nears $100k!

    Bitcoin is leading the space with a 5.89% price spike to $99,222.15. Its market cap now stands at $1.96 trillion, fostering its dominance at 60.84%. Despite a 17.57% dip in 24-hour trading volume, which now sits at $246.3 billion, investors remain bullish as BTC inches closer to the psychological $100K mark.

    Read our Bitcoin Price Prediction 2025, 2026-2030 to decode whatโ€™s next for BTC.

    Altcoin Watch: Ethereum, Solana & XRP Gain Momentum

    Ethereum has seen an impressive 9.08% jump in the past 24 hours, climbing to $2,708.49. Meanwhile, Solana and XRP have added 5.17% and 13.24%, respectively. The strong performance of major altcoins suggests renewed investor confidence in the broader market.

    For a sneak peek into ETHโ€™s future, check out our Ethereum Price Prediction 2025, 2026-2030.

    Top Gainers and Losers Today

    Biggest Winners:

    • Onyxcoin (+30%) โ€“ Leading todayโ€™s rally.
    • Bittensor (+30%) โ€“ Continues its strong uptrend.
    • FET (+27%) โ€“ Gains momentum amid AI-driven narratives.

    Biggest Losers:

    • Token Xchange (-18.2%) โ€“ Faces a sharp decline.
    • GIGA (-9.6%) โ€“ Drops despite earlier gains.
    • TOSHI (-11.2%) โ€“ Slips into negative territory.

    Subscribe to stay tuned for more updates on the fast-moving crypto market!

    FAQs

    1. What is driving todayโ€™s crypto market surge?

    The market rally is largely driven by optimism surrounding Donald Trumpโ€™s Sovereign Wealth Fund initiative, which aims to boost the U.S. economy long-term.

    2. Is Bitcoin on track to hit $100K soon?

    With BTC gaining 5.89% today and maintaining strong market dominance, many analysts believe $100K could be within reach in the near term.

    3. Which coins are performing the best today?

    The biggest gainers include Onyxcoin (+30%), Bittensor (+30%), and Fetch.ai (+27%), benefiting from bullish momentum.

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