The cryptocurrency market experienced mixed reactions on January 20, as Bitcoin (BTC) fell to $101K after reaching a high of $106K earlier. The global crypto market is buzzing today as Donald Trump is officially set to begin his presidential tenure. Trump made headlines by launching a meme coin, “TRUMP Coin,” which surged 55% in the last 24 hours. Additionally, Melania Trump also unveiled her meme coin (MELANIA), which skyrocketed by an extraordinary 2000% shortly after launch. The global crypto market cap saw a decline of around 3%, falling to $3.54 trillion. The total cryptocurrency market volume over the last 24 hours is $349.43 billion, reflecting an 82.33% increase. Major cryptocurrencies like Bitcoin, Ethereum (ETH), Solana (SOL), and XRP experienced downward pressure, reflecting the ongoing volatility in the market. Bitcoin (BTC) price today Bitcoin price today was trading at $102,197.57, marking a 2.45% drop in the last 24 hours. Its 24-hour low was $99,471, while the high reached $106,229. Trading volume for the coin shot up over 81% to $91 billion. Bitcoin’s market cap stood at $2.02 trillion. Bitcoin’s dominance currently sits at 57.29%, showing a 0.26% increase over the day. Despite recent fluctuations, Bitcoin ETFs recorded a significant weekly inflow of $887 million, highlighting sustained institutional interest in the cryptocurrency. Ethereum (ETH) price today Ethereum saw a 0.4% decline, trading at $3,268.45. Its 24-hour low and high were $3,137 and $3,444, respectively. Trading volume for the coin was up a massive 88% at $63 billion. Ethereum ETFs reported a weekly inflow of $188 million. XRP price today XRP traded at $3.10, marking a 2.60% drop in the last 24 hours. Despite this dip, XRP remains up 25% over the past week. Trading volumes for the coin were up 60% to $18 billion. Notably, an XRP whale transferred $95 million worth of tokens ahead of Trump’s inauguration, sparking curiosity among investors. Solana (SOL) price today Solana was the biggest loser among the top 10 cryptocurrencies by market cap. Solana’s price crashed by 10% to $245, with a 24-hour low of $231 and a high of $294. Trump and Melania coins steal the show Among the top gainers, OFFICIAL TRUMP (TRUMP) surged by 40%, reaching $53.50, while MELANIA, Melania Trump’s meme coin, gained 19% to $8.70. Meme coins, including Dogecoin (DOGE) and Shiba Inu (SHIB), showed bearish momentum following the launch of Trump and Melania’s meme coins. Dogecoin fell by 7%, while Shiba Inu dropped by 6%. Other notable meme coins like PEPE and BONK also saw declines in the range of 13% to 15%. Broader crypto price action Avalanche (AVAX) is currently trading at $35.83, showing a 1.17% increase in the last hour but a significant 8.74% decrease in the last 24 hours. Aptos (APT) is valued at $8.51, with a 1.95% increase in the last hour but a notable 9.81% decrease in the last 24 hours. Aave (AAVE) is currently priced at $320.15, showcasing a 3.17% increase in the last hour and a modest 3.26% increase in the last 24 hours. Algorand (ALGO) is trading at $0.4113, with a slight 0.67% increase in the last hour but a 4.10% decrease in the last 24 hours. Arbitrum (ARB) is currently valued at $0.7061, showing a 2.16% increase in the last hour but a 6.94% decrease in the last 24 hours. Arweave (AR) is trading at $15.13, with a 2.68% increase in the last hour but an 8.34% decrease in the last 24 hours. ApeCoin (APE) is currently priced at $0.9743, showcasing a 3.36% increase in the last hour and a notable 11.19% increase in the last 24 hours. 1inch Network (1INCH) is trading at $0.3401, with a 1.08% increase in the last hour but a 7.61% decrease in the last 24 hours. Ox Protocol (ZRX) is currently valued at $0.4583, showing a 1.46% increase in the last hour but an 8.50% decrease in the last 24 hours. Ankr (ANKR) is trading at $0.03162, with a 0.98% increase in the last hour but an 8.39% decrease in the last 24 hours. aelf (ELF) is currently trading at $0.3794, showing a 1.38% increase in the last hour but a significant 10.87% decrease in the last 24 hours. Band Protocol (BAND) is valued at $1.26, with a 2.20% increase in the last hour but a notable 9.76% decrease in the last 24 hours. Balancer (BAL) is currently priced at $2.74, showcasing a 2.46% increase in the last hour and a modest 3.44% decrease in the last 24 hours. Aragon (ANT) is trading at $2.80, with a slight 0.01% decrease in the last hour but a significant 38.99% decrease in the last 24 hours. Ark (ARK) is trading at $0.5221, with a 0.47% decrease in the last hour but an 8.87% decrease in the last 24 hours. Ardor (ARDR) is currently valued at $0.0903, showing a 1.47% increase in the last hour but a 3.48% decrease in the last 24 hours. Bancor (BNT) is trading at $0.6841, with a 0.71% increase in the last hour but a slight 0.35% decrease in the last 24 hours. Ampleforth (AMPL) is currently priced at $1.12, showcasing a 1.99% increase in the last hour and a slight 0.24% decrease in the last 24 hours. AirSwap (AST) is trading at $0.08767, with a 1.80% increase in the last hour but a 9.03% decrease in the last 24 hours. Æternity (AE) is trading at $0.02427, with a 1.32% increase in the last hour but a significant 15.47% decrease in the last 24 hours. Augur (REP) is currently trading at $0.5403, showing a 3.45% decrease in the last hour and an 11.04% decrease in the last 24 hours. ABBC Coin (ABBC) is valued at $0.002908, with a 0.23% increase in the last hour but a 9.33% decrease in the last 24 hours. Aion (AION) is trading at $0.001997, with a 0.01% decrease in the last hour and a 0.01% decrease in the last 24 hours. The post Crypto prices on Jan 20: BTC slips to $102k, TRUMP, MELANIA coins shine appeared first on Invezz
