As of January 6, 2025, the cryptocurrency market is experiencing notable activity. Here’s an overview of the current market capitalization and the performance of major cryptocurrencies:
The global cryptocurrency market capitalization stands at approximately $3.61 trillion, reflecting a 3.52% increase over the past 24 hours.
Bitcoin (BTC) is trading at $101,853, marking a 4.03% rise from the previous close. Ethereum (ETH) is priced at $3,690.73, up 1.64%. BNB is at $728.88, a 3.19% increase. XRP has reached $2.43, rising 2.53%. Cardano (ADA) is trading at $1.098, a 1.01% gain.
Analysts suggest that Bitcoin’s price could reach over $125,000 or decline toward $77,000 in the first quarter of 2025, depending on actions taken by President-elect Donald Trump.
Additionally, the popularity of meme coins, such as Dogecoin and Kekius Maximus, has surged, with Kekius Maximus experiencing a 4,800% increase in value within hours. Despite their speculative nature, these coins have attracted significant attention and investment.
Please note that cryptocurrency markets are highly volatile. It’s advisable to conduct thorough research and consider consulting a financial advisor before making investment decisions.