Cryptocurrency Price Today (January 17): Bitcoin Climbs Above $101,000, FARTCOIN Becomes Top Gainer

Bitcoin (BTC), the world’s oldest and most valued crypto, managed to rise above the $101,000 mark early Friday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — largely landed in the greens across the board as overall Market Fear & Greed Index stood at 57 (Neutral) out of 100, as per CoinMarketCap data. Memecoin FARTCOIN emerged to be the top gainer, with a 24-hour jump of over 21 percent. a16z was the biggest loser today, with a 24-hour dip of nearly 15 percent.

The global crypto market cap stood at $3.57 trillion at the time of writing, registering a 24-hour gain of 2.10 percent.

Bitcoin (BTC) Price Today

Bitcoin price stood at $101,444.28, registering a 24-hour jump of 1.77 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 81.85 lakh.

Ethereum (ETH) Price Today

ETH price stood at $3,365.72, marking a 24-hour dip of 0.49 percent at the time of writing. Ethereum price in India stood at Rs 2.81 lakh.

Dogecoin (DOGE) Price Today

DOGE registered a 24-hour jump of 2.54 percent, as per CoinMarketCap data, currently priced at $0.3875. Dogecoin price in India stood at Rs 28.92.

Litecoin (LTC) Price Today

Litecoin saw a 24-hour gain of 16.12 percent. At the time of writing, it was trading at $138.80. LTC price in India stood at Rs 8,774.30.

Ripple (XRP) Price Today

XRP price stood at $3.32, seeing a 24-hour jump of 6.89 percent. Ripple price in India stood at Rs 218.50.

Solana (SOL) Price Today

Solana price stood at $212.71, marking a 24-hour gain of 4.81 percent. SOL price in India stood at Rs 15,924.36. 

Top Crypto Gainers Today (January 17)

As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:

Fartcoin (FARTCOIN)

Price: $1.4824-hour gain: 21.34 percent

VeChain (VET)

Price: $0.0571324-hour gain: 17.75 percent

EOS (EOS)

Price: $1.0124-hour gain: 17.38 percent

Litecoin (LTC)

Price: $14024-hour gain: 16.75 percent

Hedera (HBAR)

Price: $0.381924-hour gain: 10.16 percent

Top Crypto Losers Today (January 17)

As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

a16z (A16Z)

Price: $1.2624-hour loss: 14.90 percent

Virtuals Protocol (VIRTUAL)

Price: $3.5324-hour loss: 8.32 percent

Sonic (S)

Price: $0.783524-hour loss: 6.28 percent

Pudgy Penguins (PENGU)

Price: $0.0328724-hour loss: 4.22 percent

Mantra (OM)

Price: $3.8224-hour loss: 4.12 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin is trading over $101,200 as market sentiment strengthens with reports of Trump planning to make crypto a national priority. Altcoins are also gaining attention, with Litecoin moving towards the SEC’s approval for its Spot ETF and XRP on its way to creating a new all-time high. Additionally, the SEC's last major legal official Megan Barbero’s exit further increased investor confidence. Currently, BTC faces resistance at $102,700 with support at $98,100.”

CoinSwitch Markets Desk noted, “Bitcoin saw an overall bullish day after briefly dipping to the 4-hour 200MA at $97,335, only to stage a strong rebound and close above the critical $100,000 resistance level. Currently trading above $101,000, the bulls appear determined to push towards the $103,000-$104,000 range, which could set the stage for a bullish weekend, especially for altcoins. Meanwhile, Phantom Wallet made waves in the ecosystem by securing $150 million in funding at a staggering $3 billion valuation, signaling growing investor confidence in crypto infrastructure.”

Avinash Shekhar, Co-founder & CEO, Pi42, said, “The return of Bitcoin to the psychological mark of $100,000 signifies not only a benchmark but also the convergence of cooling inflation, institutional optimism, and renewed investor confidence in BTC. The prospect of monetary easing from the Fed makes BTC and altcoins like XRP surge; thus, the crypto market enters a new phase of transformation. Declining inflation and positive developments in its SEC case are supporting the XRP-built rally past $3, signifying that regulatory clarity could boost adoption.” 

Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin price, currently below the 10-day SMA of $99,683, is reflecting a minor bearish trend, while the break above the 50-day SMA at $97,502 and the 200-day SMA at $95,038 supports long-term bullish momentum. The 14-day RSI of 68.52 indicates that the asset is approaching overbought levels, signaling a potential consolidation or slight decline. Key levels to watch include support at $92,000, where a decline could push prices to $74,000, and psychological resistance at $100,000, followed by $106,000. Despite bullish signals from moving averages, traders should remain wary of RSI trends and closely monitor price movements around these support and resistance levels.”

Shivam Thakral, CEO of BuyUcoin, said, “XRP has experienced a remarkable surge of over 7% in the last 24 hours, reaching a high of $3.30, establishing its status as the third-largest cryptocurrency after Bitcoin and Ethereum. This impressive uptick coincides with Bitcoin's remarkable climb past the $101,000 mark. Additionally, reports indicate that Donald Trump plans to issue an executive order prioritizing cryptocurrency at a national level in the United States, which has sparked optimism among investors. The overall outlook for XRP and BTC appears promising, with expectations of continued upward pressure as regulatory clarity unfolds and investor confidence grows in the broader cryptocurrency market.” 

Sumit Gupta, co-founder, CoinDCX, said, “Bitcoin sustains above the $100K resistance, which has circulated bullish waves across the markets. XRP is displaying immense strength, reaching beyond the $190 billion market cap, indicating being the next big thing in the crypto space. The global market capitalization surged beyond $3.5 trillion with an aim to surpass $4 trillion during the next bullish wave. The stage is set for Donald Trump, who is expected to revolutionise cryptospace within the country by designating cryptos as ‘national priority’.”

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.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.