Ethereum Flirts With $2,800 as Bitcoin, Solana, and XRP Defy Market Jitters
Crypto markets flexed their resilience today as Ethereum briefly punched through the $2,800 barrier—while Bitcoin, Solana, and XRP shrugged off bearish whispers like Wall Street analysts dodging accountability.
No flashy altcoin casinos or leverage-fueled meltdowns here—just old-fashioned price discovery playing out in real time. The big guns are holding their ground, even as traders cling to hopium about Fed rate cuts like it''s 2021 all over again.
Funny how these ''unstable'' assets keep demonstrating more backbone than legacy finance''s debt-riddled balance sheets.
Source: CoinMarketCap
Bitcoin (BTC) traded with decent volatility at approximately $108,900, up slightly 0.80% in 24 hours, as it continues to hover near its all-time high of $111,980. Market observers, including trader Cas Abbe, suggest BTC could push past $110,000 if buying pressure persists, potentially triggering a parabolic rally for altcoins.
Among leading altcoins, solana (SOL) is showing strength with it trading at $158, showing a modest uptick after bouncing off its 50-day EMA support at $160. Despite recent volatility, SOL’s recovery signals potential to challenge the $180 resistance level, with increased trading volume suggesting genuine market interest. Speculation around U.S. spot ETF approvals for Solana continues to drive optimism, though bearish sentiment lingers due to short positions hitting a monthly high.
Though XRP, currently trading at $2.28, struggled to break through its 50-day EMA resistance, down nearly 1.23% intraday. Despite a 255% surge from November 2024 to January 2025, XRP faces headwinds from declining network activity and regulatory uncertainties.
Trending Crypto Today
- ETH (Ethereum)
- AXL (Axelar)
- BTC (Bitcoin)
- NPC (Non-playable Coin)
- UNI (Uniswap)
Top Gainers and Losers Today
Among top gainers, UNI is leading with it gaining over 25%, followed by SKY’s 17% and AAVE’s 16% gain. On the losing side, LEO has declined most, with it losing 4% in the past 24 hours.
| Gainers | Losers |
| UNI (Uniswap): +25% | LEO (UNUS SED LEO): -4% |
| SKY (Sky): +17% | FORM (Four): -2% |
| AAVE (Aave): +16% | XRP (XRP): -1% |
| ARB (Arbitrum): +14% | RAY (Raydium): -1% |
| OP (Optimism): +13% | AB (AB): -1% |
Crypto Market Cap Overview
As per CoinMarketCap data, the global crypto market cap today sits at $3.41 trillion, up 1.49% in the past 24 hours. It has a 24 hour trading volume of $144.87 billion.
Also Read: Nasdaq-Listed crypto Asset Manager Snaps Up $48M in Ethereum
