One of the key reasons that Bitcoin (CRYPTO: BTC) has performed so well, topping $108,000 at one point last year, and been more resilient than the rest of the crypto sector is because investors view the token as a potential inflation hedge.
Ethereum (CRYPTO: ETH) cryptocurrency had gained 37% in a year. It was a wild ride along the way, however, with coin prices ranging from $2,220 to $4,070. All told, the second-largest name in crypto barely managed to outperform a stellar showing by the S&P 500 stock market index over the same period.
This article offers various selections of the best altcoins to watch today. Traders can leverage this information for improved market entry.
Crypto analyst VirtualBacon sees Ethereum reaching $14,000 by year-end. He attributes this bullish outlook to several key factors, including increased liquidity from the Fed, a potential altcoin season, pro-crypto policies, and expected ETF inflows.
Bitcoin(CRYPTO: BTC) has made another notable 24-hour move today, increasing 2.6% since 4 p.m. ET yesterday (as of 1:30 p.m. ET), with Ethereum(CRYPTO: ETH) and Dogecoin(CRYPTO: DOGE) also catching a bid, surging 3.8% and 4.4, respectively, over the same time frame.
Bitcoin ( BTC 4.81%) has led the way, rising 5.6% in the past 24 hours as of 12:30 p.m. ET and nearly crossing $105,000 per token. Ethereum ( ETH 3.33%) is up a more modest 2.6% in that time, and Dogecoin ( DOGE 8.00%) is up 7.3%.
On Wednesday, the US spot Ether ETF issuers registered a net cash inflow of about $59 million led by Fidelity’s FETH with a net inflow of around $29.3 million and BlackRock’s ETHA with a net cash inflow of around $19.85 million.
A leak has revealed the incoming Trump administration could create a wider crypto reserve—prioritizing U.S.-created cryptocurrencies such as XRP and
The crypto markets are witnessing a massive surge in liquidations as Bitcoin (BTC) suddenly drops to a new 2025 low, dipping below $90,000 for the first time this year.
The world’s second-largest cryptocurrency, ethereum, and XRP, also posted gains this week. Ethereum is currently trading at more than $3,425 at the time of writing. XRP, too, saw a breakout price exceeding $3, allowing it to reach a seven -year high, transforming the token into the world's third -highest valued cryptocurrency.
Crypto ETFs have already added $585 million worth of new money in January, led by Bitcoin and Ethereum funds, following a steep profit-taking drop in December.
Cryptocurrency markets are surging on the last trading day before the presidential inauguration. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $105,607.81 +5.6% Ethereum (CRYPTO: ETH) $3,426.67 +2.