Cryptocurrency Price Today (January 6): Bitcoin Nearly Touches $100k, SPX Becomes Top Gainer
Cryptocurrency price on January 6 quick take: The global market cap rose to $3.53 trillion.
Bitcoin (BTC), the world’s oldest and most valued crypto, nearly touched the $100,000 mark early Monday. 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 60 (Neutral) out of 100, as per CoinMarketCap data. The SPX6900 token emerged to be the top gainer, with a 24-hour jump of over 15 percent. Helium (HNT) was the biggest loser today, with a 24-hour dip of nearly 5 percent.
The global crypto market cap stood at $3.53 trillion at the time of writing, registering a 24-hour jump of 0.97 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $99,612.93, registering a 24-hour jump of 1.28 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 85.52 lakh.
Ethereum (ETH) Price Today
ETH price stood at $3,691.80, marking a 24-hour jump of 1.54 percent at the time of writing. Ethereum price in India stood at Rs 3.16 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour dip of 0.55 percent, as per CoinMarketCap data, currently priced at $0.3881. Dogecoin price in India stood at Rs 33.27.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour jump of 2.59 percent. At the time of writing, it was trading at $115.02. LTC price in India stood at Rs 9,877.32.
Ripple (XRP) Price Today
XRP price stood at $2.41, seeing a 24-hour gain of 0.61 percent. Ripple price in India stood at Rs 207.21.
Solana (SOL) Price Today
Solana price stood at $215.42, marking a 24-hour dip of 0.16 percent. SOL price in India stood at Rs 18,514.61.
Top Crypto Gainers Today (January 6)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
SPX6900 (SPX)
Price: $1.53
24-hour gain: 15.98 percent
Injective (INJ)
Price: $25.92
24-hour gain: 11.24 percent
Filecoin (FIL)
Price: $6.20
24-hour gain: 10.17 percent
XDC Network (XDC)
Price: $0.09736
24-hour gain: 8.94 percent
AIOZ Network (AIOZ)
Price: $1.14
24-hour gain: 7.97 percent
Top Crypto Losers Today (January 6)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Helium (HNT)
Price: $6.47
24-hour loss: 4.04 percent
dogwifhat (WIF)
Price: $2.11
24-hour loss: 2.67 percent
Bonk (BONK)
Price: $0.00003462
24-hour loss: 2.20 percent
Virtuals Protocol (VIRTUAL)
Price: $4.21
24-hour loss: 1.99 percent
Hyperliquid (HYPE)
Price: $24.80
24-hour loss: 1.87 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin is trading close to $99,000, maintaining its upward momentum. Altcoins are also seeing sustained buying interest, with major tokens like Ethereum, XRP, and Cardano gaining over 2%. Meanwhile, Bitcoin spot ETF has seen increased inflows of over $900 million in the last week showing a turnaround in institutional activity. For Bitcoin to break past the $100,000 milestone, it must overcome resistance at $99,400, while support stands at the $96,000 mark.”
CoinSwitch Markets Desk noted, “After 10 days if chopping BTC is again close to testing the crucial 99.5k USD mark - with 6 consecutive green days in BTC already, if Bitcoin fails to breach this resistance we can see a downslide in the entire market. However if Bitcoin flips 100k with volumes, this could start a major rally similar to what we saw in 2024 January. Ethereum on the other hand is struggling to make new highs against BTC with the ETH/BTC pair trading around 0.037 BTC per ETH. 0.04 has to be broken for ETH to outperform BTC in terms of price action.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “Bitcoin surged about 5.5% in the past 7 days, showing strong demand at lower levels and indicating that the market is waiting for further uptrends. If BTC rises above the psychological level of $100K, altcoins such as Solana and Sui will also show the bullish momentum. Bitcoin closed above the key moving average last week, indicating the reduced selling pressure while optimism is that bulls can push the price of Bitcoin above the resistance of $100K. A successful breakout could propel bitcoin to record highs of $108,353. However, a failure to continue momentum may result in temporary consolidation around $90,000.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin's continued rise could push altcoins like Solana (SOL), SUI, ICP, and ENA higher. With Bitcoin nearing $100,000, demand remains strong, as seen by ETF inflows and reduced selling pressure. If Bitcoin breaks above this resistance, it could target $108,353 and higher. Solana, currently facing resistance at $219, shows strength with the 20-day EMA turning up and the RSI in positive territory. If SOL surpasses $219, it could rally to $234 and $247. However, if Bitcoin faces rejection or Solana drops below key support, bearish pressure could return.”
Shivam Thakral, CEO of BuyUcoin, said, “Bitcoin has shown positive momentum at the start of the week, surging by 0.97% in the last 24 hours, reaching $99,307. This uptick is part of a broader trend in the crypto market, with the global market cap now standing at $3.53 trillion, reflecting a 0.87% increase over the past day. Ethereum and XRP have contributed to this positive sentiment, rising by 0.77% and 0.83%, respectively. Investors remain optimistic regarding the future trajectory of cryptocurrencies, driven by growing institutional interest and the potential for regulatory clarity. These factors may contribute to sustained growth in the sector as we progress through 2025.”
Sumit Gupta, co-founder, CoinDCX, said, “Bitcoin's recent 4% rally and significant inflows into US spot Bitcoin ETFs suggest a strong demand for the crypto, even at lower levels. With selling pressure potentially decreasing and MicroStrategy co-founder Michael Saylor hinting at another Bitcoin purchase, the stage is set for a potential breakout. Bitcoin clears the $100,000 mark, which could be imminent given its current trajectory.”
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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.