Cryptocurrency Price Today (January 3): Bitcoin Climbs Above $96,500, SPX6900 Becomes Top Gainer
Cryptocurrency price on January 3 quick take: The global market cap rose to $3.4 trillion.
Bitcoin (BTC), the world’s oldest and most valued crypto, managed to rise above the $96,000 mark early Friday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw a mix of gains and losses across the board as overall Market Fear & Greed Index stood at 57 (Neutral) out of 100, as per CoinMarketCap data. The SPX6900 token emerged to be the top gainer, with a 24-hour jump of over 25 percent. Virtuals Protocol (VIRTUAL) was the biggest loser today, with a 24-hour dip of nearly 16 percent.
The global crypto market cap stood at $3.4 trillion at the time of writing, registering a 24-hour jump of 1.26 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $96,499.27, registering a 24-hour jump of 1.07 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 79.87 lakh.
Ethereum (ETH) Price Today
ETH price stood at $3,436.79, marking a 24-hour jump of 0.83 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 2.06 percent, as per CoinMarketCap data, currently priced at $0.3377. Dogecoin price in India stood at Rs 27.08.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour dip of 1.39 percent. At the time of writing, it was trading at $104.24. LTC price in India stood at Rs 8,601.54.
Ripple (XRP) Price Today
XRP price stood at $2.42, seeing a 24-hour gain of 2.90 percent. Ripple price in India stood at Rs 176.44.
Solana (SOL) Price Today
Solana price stood at $207.51, marking a 24-hour jump of 1.17 percent. SOL price in India stood at Rs 16,218.01.
Top Crypto Gainers Today (January 3)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
SPX6900 (SPX)
Price: $1.20
24-hour gain: 25.12 percent
DeXe (DEXE)
Price: $19.33
24-hour gain: 15.84 percent
Cardano (ADA)
Price: $1.04
24-hour gain: 12.09 percent
Stellar (XLM)
Price: $0.4548
24-hour gain: 9.24 percent
Fartcoin (FARTCOIN)
Price: $1.31
24-hour gain: 7.29 percent
Top Crypto Losers Today (January 3)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Virtuals Protocol (VIRTUAL)
Price: $4.25
24-hour loss: 15.73 percent
Hyperliquid (HYPE)
Price: $22.92
24-hour loss: 11.21 percent
Pudgy Penguins (PENGU)
Price: $0.03624
24-hour loss: 6.14 percent
Helium (HNT)
Price: $6.16
24-hour loss: 4.33 percent
Fantom (FTM)
Price: $0.7618
24-hour loss: 3.64 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin continues its upward momentum, trading near the $97,000 mark with other major altcoins like Ethereum, Solana, and Stellar following suit. The Fear-Greed Index is on the rise, reflecting a positive shift in investor sentiment. Additionally, the total 24-hour trading volume is up 57.3% to $131.74 billion showing increased participation from retail investors and institutions. Currently, BTC is facing immediate resistance at $98,400 while support stands at $95,000.”
CoinSwitch Markets Desk noted, “Bitcoin bulls continue the momentum as BTC is headed towards an important resistance at 100k mark which Bitcoin hasn’t been able to breach for two weeks. This current rally is primary fueled by XRP - which has shown immense strength since the year start - growing close to 20% while Ethereum on the other hand has seen record inflows from ETFs in December- closing down on the 2 billion dollar mark, double of November. However it is still sitting below the crucial 3500 USD mark.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “The new year has kicked off with a pump for Bitcoin, and the recovery above $97,000 further shows Bitcoin's dominance to set the stage for a rebounding crypto market. Bitcoin has rebounded from a month-low of $91,816 proving its dominance. Meanwhile, altcoins like Ethereum, XRP, Solana, and Dogecoin are also replicating Bitcoin's bullish momentum. Ethereum's growth toward $3,500 reflects the growing strength of altcoins as the uptrend continues amid bullish sentiment and strategic buying. While regulatory pressures and market instability may create bearish sentiment and downward price actions, bullish pattern formations such as ascending triangle is essential technical and psychological steps for Ethereum.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin gained 7% in three days and briefly breached the $97,750 resistance on Thursday. The price increase follows MicroStrategy's $200 million BTC purchase on December 29. Despite the market slump at the end of December due to the Fed's hawkish stance, Bitcoin has rebounded following MicroStrategy's continued purchases. Shares of Coinbase ( COIN ) and MicroStrategy ( MSTR ) rose 3%, signaling investor optimism. However, daily active bitcoin addresses fell to a 50-day low, 30% below last month's high, suggesting reduced retail activity. Chain data and stock performance suggest potential for further gains, with market sentiment improving despite a drop in active users.”
Shivam Thakral, CEO of BuyUcoin, said, “The market has witnessed a remarkable surge in Bitcoin and major altcoins, fueled by growing institutional interest in U.S. spot Bitcoin exchange-traded funds (ETFs). These ETFs are nearing a significant milestone, just $2.2 billion from crossing $110 billion in cumulative holdings, representing over 5.7% of the total Bitcoin supply. This growth follows Bitcoin's recent climb past the $100,000 mark, driven by record inflows into ETFs. Investors are optimistic about the future, with predictions suggesting Bitcoin could reach a new level in 2025 as institutional adoption continues to rise.”
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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.