One of the key reasons that Bitcoin (CRYPTO: BTC) has performed so well, topping $108,000 at one point last year, and been more resilient than the rest of the crypto sector is because investors view the token as a potential inflation hedge.
Ethereum (CRYPTO: ETH) cryptocurrency had gained 37% in a year. It was a wild ride along the way, however, with coin prices ranging from $2,220 to $4,070. All told, the second-largest name in crypto barely managed to outperform a stellar showing by the S&P 500 stock market index over the same period.
Bitcoin(CRYPTO: BTC) has made another notable 24-hour move today, increasing 2.6% since 4 p.m. ET yesterday (as of 1:30 p.m. ET), with Ethereum(CRYPTO: ETH) and Dogecoin(CRYPTO: DOGE) also catching a bid, surging 3.8% and 4.4, respectively, over the same time frame.
Crypto analyst VirtualBacon sees Ethereum reaching $14,000 by year-end. He attributes this bullish outlook to several key factors, including increased liquidity from the Fed, a potential altcoin season, pro-crypto policies, and expected ETF inflows.
This article offers various selections of the best altcoins to watch today. Traders can leverage this information for improved market entry.
Bitcoin ( BTC 4.81%) has led the way, rising 5.6% in the past 24 hours as of 12:30 p.m. ET and nearly crossing $105,000 per token. Ethereum ( ETH 3.33%) is up a more modest 2.6% in that time, and Dogecoin ( DOGE 8.00%) is up 7.3%.
A leak has revealed the incoming Trump administration could create a wider crypto reserve—prioritizing U.S.-created cryptocurrencies such as XRP and
The world’s second-largest cryptocurrency, ethereum, and XRP, also posted gains this week. Ethereum is currently trading at more than $3,425 at the time of writing. XRP, too, saw a breakout price exceeding $3, allowing it to reach a seven -year high, transforming the token into the world's third -highest valued cryptocurrency.
Crypto ETFs have already added $585 million worth of new money in January, led by Bitcoin and Ethereum funds, following a steep profit-taking drop in December.
On Wednesday, the US spot Ether ETF issuers registered a net cash inflow of about $59 million led by Fidelity’s FETH with a net inflow of around $29.3 million and BlackRock’s ETHA with a net cash inflow of around $19.85 million.
The crypto markets are witnessing a massive surge in liquidations as Bitcoin (BTC) suddenly drops to a new 2025 low, dipping below $90,000 for the first time this year.
Cryptocurrency markets are surging on the last trading day before the presidential inauguration. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $105,607.81 +5.6% Ethereum (CRYPTO: ETH) $3,426.67 +2.