Crypto Price Today: The cryptocurrency market on January 30, 2025, exhibited a blend of strong gains in some digital assets while others faced corrections. The price actions of major cryptocurrencies like Bitcoin, Ethereum, Solana, XRP, and Shiba Inu reflected broader market sentiment, influenced by both macroeconomic conditions and investor activity. Several altcoins also saw significant gains, while a few suffered losses, highlighting the ongoing volatility in the crypto space.
Bitcoin, the world’s largest cryptocurrency by market capitalization, was trading at $105,334.70, reflecting a 3.10% increase in the last 24 hours and a 3.24% gain over the past seven days. The steady rise in Bitcoin's price indicates increased buying pressure, with traders showing confidence in the asset’s ability to sustain upward momentum.
Bitcoin’s seven-day chart suggests relatively stable movement, with minor fluctuations in between, but overall, it has managed to hold its gains. The price increase signals that traders remain optimistic, but slight volatility remains, a common characteristic of the cryptocurrency market.
Ethereum was priced at $3,187.72, marking a 2.00% gain in the last 24 hours. However, its seven-day performance showed a slight decline of 0.63%, indicating that while ETH saw a short-term bounce, the broader trend remains uncertain.
Ethereum’s price movement has been relatively stable, but its slight weekly drop shows that traders are being cautious. Market movements in Ethereum are often tied to network activity, such as decentralized finance (DeFi) and non-fungible token (NFT) transactions. While it remains the second-largest cryptocurrency, its slower price action compared to Bitcoin suggests that market participants are evaluating their positions.
Polkadot (DOT) was trading at $5.95, increasing by 2.82% in the past 24 hours. However, over the past week, it recorded a 6.17% decline, making it one of the weaker performers among the top cryptocurrencies.
The drop in DOT’s weekly performance indicates selling pressure, but the daily gain shows a potential recovery. Polkadot has been a key player in the blockchain interoperability space, and its fluctuations suggest that market participants are carefully weighing its long-term potential.
Solana was priced at $240.74, marking a strong 4.52% gain in the last 24 hours. However, over the past week, Solana saw a 3.16% decline, reflecting the volatility in its price action.
Solana has experienced increased adoption in the decentralized applications (dApp) space and remains a strong competitor to Ethereum. Its recent rebound suggests renewed buying interest, but its weekly decline indicates that traders remain cautious.
XRP traded at $3.11, recording a 0.15% increase in the past 24 hours while experiencing a 0.45% decline over the past week. The price action shows relative stability, with minor fluctuations.
XRP’s movement has been less volatile compared to other assets, suggesting that traders are maintaining their positions without significant selling pressure. Its long-term performance will depend on further developments in the regulatory space and adoption by financial institutions.
Shiba Inu was priced at $0.00001859, increasing by 1.81% in the last 24 hours. However, its seven-day performance showed a decline of 6.91%, making it one of the weaker-performing assets.
Despite the daily gain, SHIB’s weekly loss suggests that traders are taking profits or reducing their exposure to high-risk assets. The meme coin’s performance remains highly speculative, and its price movements often follow broader market trends.
Several altcoins posted significant gains in the last 24 hours, with some surging by double digits.
Onyxcoin (XCN) emerged as the top gainer, trading at $0.03575, with a 29.62% jump. This massive price increase indicates strong buying momentum, likely driven by increased adoption or a major announcement.
Hyperliquid (HYPE) surged to $26.42, recording a 16.07% increase. This significant gain suggests heightened trading activity and growing interest in the asset.
Ondo (ONDO) traded at $1.58, rising 13.88% in the past 24 hours. This altcoin has seen a steady increase, reflecting strong investor sentiment.
Jito (JTO) climbed to $3.37, marking an 11.61% increase, while Raydium (RAY) jumped 11.01% to $7.33. These strong gains indicate growing investor demand for DeFi-based assets.
While some altcoins surged, others struggled to maintain their value, experiencing notable declines.
DeXe (DEXE) suffered the biggest loss, trading at $17.13, reflecting a 9.45% decline in the past 24 hours.
Pudgy Penguins (PENGU) saw a 5.79% drop to $0.01548, indicating that traders may be exiting the asset after recent rallies.
AIOZ Network (AIOZ) dropped 4.32% to $0.7263, while dogwifhat (WIF) fell 4.12% to $1.21.
Render (RENDER) slipped 1.41% to $5.71, while Maker (MKR) recorded a 0.88% loss at $1,124.52. These declines were relatively minor, indicating stable price action.
The cryptocurrency market remains dynamic, with significant price movements in both directions. Bitcoin and Ethereum posted moderate gains, while some altcoins experienced sharp surges. At the same time, a few cryptocurrencies faced notable declines, reflecting the volatility of the space.
The broader market remains influenced by external factors, including macroeconomic trends, regulatory developments, and investor sentiment. The U.S. Federal Reserve’s stance on interest rates, ongoing institutional adoption of cryptocurrencies, and advancements in blockchain technology continue to shape market behavior.
Altcoins have seen mixed performance, with strong momentum in DeFi-based assets and profit-booking in certain meme coins and speculative tokens. While Bitcoin and Ethereum remain the dominant players, the growing role of Solana, Polkadot, and XRP signals increasing diversification in the market.