Altcoin
BTC At $102K, Altcoins Mixed, JUP Up 15% Ahead of FOMC
Crypto Prices Today, January 28: As the U.S. FOMC approaches, cryptocurrency prices continue to showcase a riveting movement. Bitcoin (BTC) price managed to regain the $102K mark intraday, whereas leading altcoins’ price movements recovered after a rollercoaster ride. Meanwhile, the meme coin sector has also mirrored a similar movement, facing turbulence in sync with the broader market in the past 24 hours and thereby recovering.
Here’s a collective overview of some of the most buzzworthy coins for today and how they are performing.
Crypto Prices Today: FOMC To Keep Interest Unchanged? BTC, ETH, XRP Face Turbulence
As per the recent CME FedWatch tool data, there is a 97.3% probability that this FOMC will come with no change in interest rates. This projection, under the newly inaugurated president Donald Trump, may prove to be unbeneficial for risk assets such as crypto despite the Republican’s promises and support for the sector.
As a response, traders and investors appear to be cautious, with the crypto market recording massive liquidations in recent days whilst also facing a turbulent price action intraday.
However, it’s noteworthy that the global crypto market cap witnessed a slight 0.5% uptick from yesterday. Further, the total market volume soared 83% intraday, reaching $194.97 billion.
So, let’s take a closer look at some trending coins’ prices today.
Bitcoin Price Today
BTC price gained nearly 1% in the past 24 hours and is currently trading at $102,633. The flagship coin’s 24-hour low and high were $97,795 and $102,868, respectively. Bitcoin’s market dominance was evaluated to be 58.01% on Tuesday.
The coin has recovered intraday after the recent market dip right before the FOMC. Besides, top crypto analyst Ali Martinez revealed on X that BTC price could reach $211,000 this bull cycle, sparking discussions. This optimistic prediction comes against the backdrop of historical trends.
Ethereum Price At $3,200
ETH price also gained nearly 1% in value and is currently sitting at $3,213. The coin’s intraday low and high were $3,024.09 and $3,234.95, respectively. Notably, Trump’s Liberty Financial has purchased another 3,247 ETH amid the recent dip, sparking optimism over future price movements. Further, market analyst ‘Crypto Rover’ revealed that ETH open interest is exploding, indicating that a price breakout looms.
XRP Price Regains Above $3 Amid Broader Crypto Market Trend
XRP price has witnessed a 3% rise in value over the past day, reaching $3.09. The coin’s intraday low and high were $2.71 and $3.09, respectively. Notably, XRP’s intraday trading volume surged by 190% to $15.38 billion. In the wake of this price upswing, crypto analyst Ali Martinez spotlighted that whales purchased over 120 million coins in the recent dip. Market watchers continue to anticipate price gains ahead, given the latest statistics.
Meme Crypto Prices Today
After a highly turbulent movement, DOGE price witnessed a 2% jump in value and is currently trading at $0.3356. Further, SHIB price followed, up by 3% to $0.00001917. Even TRUMP price gained nearly 11% to $30.21. However, Pudgy Penguins, along with some other crypto, traded dominantly in the red zone.
Top Crypto Gainer Prices Today
Jupiter (JUP)
Price: $1.18
24-hour Gains: +16%
KuCoin Token (KCS)
Price: $14.46
24-hour Gains: +13%
Hyperliquid (HYPE)
Price: $23.55
24-hour Gains: +12%
XDC Network (XDC)
Price: $0.1116
24-hour Gains: +10%
Top Crypto Loser Prices Today
Pudgy Penguins (PENGU)
Price: $0.01852
24-hour Loss: -21%
Onyxcoin (XCN)
Price: $0.03216
24-hour Loss: -12%
AIOZ Network (AIOZ)
Price: $0.7789
24-hour Loss:-5%
Raydium (RAY)
Price: $6.74
24-hour Loss: -5%
The market shows signs of recovery following the recent crash, although some altcoins still face heat. It’s noteworthy that the recent crash was attributable to the rise of open-source Chinese AI startup DeepSeek, which promptly outperformed OpenAI and Meta, threatening U.S. stocks.
However, market expert Ash Crypto posted on X, revealing that the new AI reportedly collects IP, keystroke patterns, and device info, thus storing it in China. This information may present the new AI with a ban ahead, as seen with previous Chinese data-collecting models, thereby paving the way for U.S. stocks and a broader market recovery.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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