Prices of Cryptocurrencies Today: VIRTUAL Rises 26%, HYPE Jumps 35%, and Bitcoin Crosses $98K

Introduction:

The cryptocurrency market is once again achieving its heights, with major coins like Bitcoin (BTC), Ethereum (ETH), and XRP posting gains. This renewed optimism comes after a certain time of fluctuations, signaling a potential recovery. Here’s a comprehensive overview of the prices of cryptocurrencies today and the latest market trends.

Market Highlights

• Bitcoin (BTC): Surged past $98,000 after dipping to $92,000.
• Altcoins Performance: Ethereum (ETH), XRP, and Solana (SOL) recorded significant gains.
• Top Gainers: Hyperliquid (HYPE) and Virtual Protocol (VIRTUAL) led the market surge.
• Global Market Cap: Reached $3.38 trillion, up 0.5% in the last 24 hours.
• Trading Volume: Increased by 10%, reaching $301 billion.

Bitcoin Price Today

Bitcoin (BTC) regained strength, trading at $98,412, up by 1% in the last 24 hours.

• 24-Hour Range: $92,210 – $98,136
• Market Cap: $1.93 trillion
• Trading Volume: $100 billion
• Market Dominance: 56.83%

ETF Developments:

• BTC ETFs saw outflows of $204 million for the second consecutive day.
• Ark & 21Shares reported $87 million in withdrawals.

Strategic Proposal:

Michael Saylor introduced a proposal suggesting the U.S. could generate $81 trillion by creating a Strategic Bitcoin Reserve.

Ethereum Price Today

Ethereum (ETH) traded at $3,466, up 1% over the past 24 hours.

• 24-Hour Range: $3,099 – $3,497
• Market Cap: $417 billion
• Trading Volume: $62 billion
• Market Dominance: 12.32%

Institutional Interest:

• ETH ETFs saw an inflow of $28 million, with Fidelity and Grayscale leading purchases.
• Donald Trump’s World Liberty Financial accumulated more ETH during the recent dip, reflecting increasing institutional confidence.

XRP Price Today

XRP was trading at $2.31, a 0.5% increase in the last 24 hours.

• 24-Hour Range: $1.97 – $2.338
• Market Cap: $130 billion
• Trading Volume: $26 billion

Ripple Initiatives:

Ripple pledged $5 million in XRP to support Donald Trump’s inauguration, showcasing its commitment to global partnerships.

Solana Price Today

Solana (SOL) traded at $193, showing promising recovery.

• 24-Hour Range: $175 – $197
• Market Cap: $92 billion
• Trading Volume: $9 billion

Analytics Insight:

Glassnode reported increased capital movement across Solana, indicating heightened investor interest.

Meme Cryptocurrency Prices Today

Meme coins followed the positive market trend:

• Dogecoin (DOGE): Up 1%, trading at $0.32.
• Shiba Inu (SHIB): Gained 1%, trading at $0.00002259.
• Other meme coins like PEPE, BONK, and WIF saw increases ranging from 2% to 9%.

Top Cryptocurrency Gainers Today

1. Hyperliquid (HYPE):
   • Price: $31.97 (+35%)
   • Market Cap: $8.69 billion
   • Trading Volume: $583 million
   • Catalyst: Bitget announced the listing of HYPE tokens.
2. Virtual Protocol (VIRTUAL):
   • Price: $2.734 (+25%)
   • Market Cap: $2.73 billion
   • Catalyst: Launch of GAME SDK.
3. Ethena (ENA):
   • Price: $1.16 (+16%)
   • Catalyst: Partnership with WLFI to boost stablecoin liquidity.

Top Cryptocurrency Losers Today

1. Aptos (APT):
   • Price: $10.23 (-13%)
   • Catalyst: Resignation of co-founder Mo Shaikh, causing uncertainty.
2. Hedera (HBAR):
   • Price: $0.2688 (-4%)
   • Market Cap: $10 billion
   • Catalyst: Leadership changes with Charles Adkins set to become CEO in 2025.

Market Recovery Signals

The crypto market is showing signs of recovery, with Bitcoin and major altcoins gaining traction after a brief dip. Increased trading volume and renewed interest in innovative projects underscore the resilience of the market.

Stay tuned for more updates as the cryptocurrency market evolves!

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