Cryptocurrency Price Today (January 2): Bitcoin Rises Above $95,500, Stellar Becomes Top Gainer
Cryptocurrency price on January 2 quick take: The global market cap rose to $3.36 trillion.
Bitcoin (BTC), the world’s oldest and most valued crypto, managed to recover and climb above the $95,500 mark early Thursday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the greens across the board as overall Market Fear & Greed Index stood at 51 (Neutral) out of 100, as per CoinMarketCap data. The Stellar (XLM) token emerged to be the top gainer, with a 24-hour jump of nearly 25 percent. Bitget Token (BGB) was the biggest loser today, with a 24-hour dip of nearly 2 percent.
The global crypto market cap stood at $3.36 trillion at the time of writing, registering a 24-hour jump of 2.89 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $95,566.49, registering a 24-hour jump of 2.11 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 79.87 lakh.
Ethereum (ETH) Price Today
ETH price stood at $3,409.64, marking a 24-hour jump of 2.13 percent at the time of writing. Ethereum price in India stood at Rs 2.91 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour gain of 5.09 percent, as per CoinMarketCap data, currently priced at $0.3322. Dogecoin price in India stood at Rs 27.08.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour jump of 1.39 percent. At the time of writing, it was trading at $106.05. LTC price in India stood at Rs 8,601.54.
Ripple (XRP) Price Today
XRP price stood at $2.39, seeing a 24-hour gain of 12.05 percent. Ripple price in India stood at Rs 176.44.
Solana (SOL) Price Today
Solana price stood at $204.50, marking a 24-hour jump of 7.76 percent. SOL price in India stood at Rs 16,218.01.
Top Crypto Gainers Today (January 2)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Stellar (XLM)
Price: $0.4226
24-hour gain: 24.12 percent
Virtuals Protocol (VIRTUAL)
Price: $4.92
24-hour gain: 20.37 percent
Algorand (ALGO)
Price: $0.3968
24-hour gain: 19.89 percent
IOTA (IOTA)
Price: $0.3394
24-hour gain: 19.37 percent
XDC Network (XDC)
Price: $0.08507
24-hour gain: 18.95 percent
Top Crypto Losers Today (January 2)
As per CoinMarketCap data, here are the top crypto losers over the past 24 hours:
Bitget Token (BGB)
Price: $5.95
24-hour loss: 1.64 percent
UNUS SED LEO (LEO)
Price: $8.73
24-hour loss: 1.09 percent
FTX Token (FTT)
Price: $3.76
24-hour loss: 1 percent
Monero (XMR)
Price: $193.20
24-hour loss: 0.52 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “The New Year has brought renewed buying interest to the broader crypto market with tokens such as XRP, Chainlink, Cardano, and others going up as much as 15% in a day. Bitcoin too is up almost 1.5%, trading near $95,000. ETFs saw strong year-end inflows with ETH ETF’s net inflows standing at $36 million, suggesting a revival in institutional trading activity. With Trump assuming office soon acting as a major catalyst, we could see some price action in the coming weeks.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “Bitcoin continues to consolidate just below $95,000 as open interest drops to two-month lows. This decline shows a cautious market with a reduced demand for leverage signaling limited downside potential. Bulls are in an attempt to defend some critical levels while continued resistance remains a challenge near $98,000. Meanwhile, Ethereum is under bearish pressure with the decline in whale activity and with derivatives traders increasing their selloffs. Though continuing inflows are there for ETFs and improved funding rates signal a potential for a bounce back to levels above $3,500. The crypto market continues its bumpy ride, struggling with macroeconomic uncertainty, and its influence on slight price movements, and switching sentiments for short-term traders.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin (BTC) has been struggling to hold prices above $95,000 since December 28, with demand for leveraged positions falling. Bulls faced $470 million in liquidations, while bearish sentiment eased as Bitcoin tested levels below $92,000. Open interest in bitcoin futures fell to a two-month low, signaling reduced market activity. However, the 15% futures premium suggests continued bullishness. Optimism for bitcoin rose after U.S. Treasury Secretary Janet Yellen warned of a debt ceiling breach, which could stoke inflation fears and boost bitcoin's appeal as a hedge. Fiscal impasse may dampen market appetite but boost bitcoin ETF appeal.”
Shivam Thakral, CEO of BuyUcoin, said, “The cryptocurrency market has shown remarkable activity, particularly with XRP experiencing a significant 14.7% surge, reaching highs of $2.41. This uptick positions XRP as a top performer among the leading cryptocurrencies, amidst a bullish sentiment for 2025. Notably, XRP's market cap has soared to over $132 billion, with daily trading volume increasing by 36% to $6.3 billion. Additionally, Ether's ETF inflows have reached $2.6 billion in December, reflecting strong investor interest.”
Subscribe And Follow ABP Live On Telegram: t.me/officialabplive
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.
Trending News
Top Headlines
