Bitcoin’s volatile end of the week resulted in a price drop toward $91,000 and a subsequent surge to $96,000 before the asset calmed roughly in the middle. The altcoins continue to struggle as SOL, ADA, and AVAX have charted 4% daily declines. BTC Calms at $94K It was nothing short of a volatile rollercoaster of a week for the primary cryptocurrency. It all started quite promising after the most recent MicroStrategy purchase on Monday, as the asset flew past $100,000 for the first time this year and kept climbing on Tuesday morning to over $102,000. However, that’s when the landscape changed, and BTC slumped hard later that day, and on Wednesday, it slumped to $96,000. Although that was a painful correction on its own, bitcoin kept plunging in the following days to $91,200 (on Bitstamp) on Thursday, which became its lowest price tag in over a month. The bulls managed to intervene at this point and pushed BTC north. More volatility ensued with several big moves that eventually pushed the asset to $96,000. However, it failed there and has lost almost two grand since then to trade at $94,000 as of now. Its market cap has risen to just under $1.870 trillion on CG, while its dominance over the alts is up to 54.5%. BTCUSD. Source: TradingView ADA, SOL Struggle Most altcoins are in the red today as well. Ethereum slipped below $3,200 on Thursday, and even though it managed to recover some ground since that low is close to breaking below it now after a 2.3% daily decline. XRP is among the few alts with minor gains today. In contrast, SOL, ADA, SUI, AVAX, and LINK continue to lose value, with losses of up to 4%. SOL is well below $190 now, while ADA is just over $0.9. More painful losses come from OM, ICP, and RNDR from the larger cap alts. The total crypto market cap has lost some steam since yesterday and is down to $3.43 trillion on CG. Cryptocurrency Market Overview. Source: QuantifyCrypto The post Bitcoin Price Stalls at $94K, Ethereum Struggles to Maintain $3.2K (Weekend Watch) appeared first on CryptoPotato .
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Can Solana (SOL) Surpass XRP in Market Cap? Expert Says This $0.14 Altcoin Has Better Odds
Solana, with its impressive technological prowess, has been making waves, but can it truly dethrone XRP from its position? A leading crypto analyst believes that a lesser-known altcoin, currently trading at a modest $0.14, possesses the potential to not only surpass XRP but also disrupt the established order. Let’s take a closer look at the factors driving this bold claim about this viral altcoin, DTX Exchange (DTX). Solana’s Roadblock: Can the Price Break the $200 Barrier? A closer look into Solana’s (SOL) recent price activity indicates a combination of exciting possibilities and obstacles. Even if the cryptocurrency market has recovered from the negative wave that ended in December, SOL has seen a significant decline of 15% in the last 30 days. This can be attributed to the recent dip in Bitcoin’s price below $95,000. There are questions regarding whether the SOL price can rise above $200 given that it is now trading below that mark. Technical signs suggest that there will be additional price adjustments. As SOL drops out of the overbought area, the Relative Strength Index presents a warning. Analysts remain hopeful, however. They think there may be bullish potential at the point of convergence of the 100 and 200 EMA lines. Solana’s DeFi ecosystem is exceptional, with a total value locked (TVL) of around $9 billion. However, it’s still unclear if it will hit $300 this year. Solana’s DeFi ecosystem is exceptional, with a total value locked (TVL) of around $9 billion. However, it is unclear if it will hit the $300 level this year. Ripple’s Legal Wins Fuel Investor Optimism: What’s Next for XRP? On January 9, 2025, XRP is trading at around $2.27, showing a decline from its previous highs. Experts’ predictions on XRP’s performance in 2025 vary, some suggest that Ripple’s XRP is all set for a major bull run ahead, while some suggest that it may see a dip before a rally. Although overall market sentiment remains bullish, its recent court victories in its ongoing legal battle with the SEC have increased investor confidence. If a possible settlement is announced, Ripple ETFs may be approved, which would raise the price of XRP even further. Analysts predict that a combination of clear regulations and the use of cutting-edge technology will boost XRP pricing and help Ripple cross its previous highs. By mid-2025, the price of XRP may rise beyond $3.50, depending on when Ripple achieves critical mass for institutional adoption. As more financial institutions use blockchain technology, the price of XRP is anticipated to increase. Why DTX’s Cutting-Edge Features Could Deliver Huge Returns in 2025 While Solana (SOL) and Ripple (XRP) think they can outrun each other, experts think completely out of the box. They are betting on a new viral altcoin called DTX Exchange (DTX) to lead the year with big gains and surpass some of the big names of the crypto town. DTX Exchange is a soon-to-be-launched exchange platform that is setting itself apart by bridging the gap between centralized and decentralized finance, bringing the best of them on one single platform. The platform offers unmatched potential, offering an exceptional ROI, powered by its cutting-edge features, including 1000x leverage, distributed liquidity pool, and diverse trading options. Furthermore, its innovative approach removes any KYC requirements, enhancing users’ experiences while maintaining privacy. Its success is credited in large part to its novel trading option, which provided access to more than 120,000 digital assets, including stocks, ETFs, forex, and cryptocurrency. Additionally, DTX Exchange is dedicated to offering enhanced protection with its noncustodial wallet, which gives customers complete control over their private keys and digital assets. The project is currently in its presale stage and has been showing an amazing performance since the day it was launched. The presale currently stands at $11.5 million in funding at stage 7. Each DTX token is available to be bought at a $0.14 price point. Analysts claim this project stands a better chance of delivering big returns as compared to Ripple (XRP) and Solana (SOL). This is because the project is backed by solid technology, has a devoted community, and is in the early stages, hence higher profit margins. To know more about the DTX Exchange ecosystem, Check out: Visit Website Buy Presale Join Community Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here . Crypto Potato
Charles Hoskinson Praises XRP Community for Leadership and Purpose
In a surprising endorsement, Cardano founder Charles Hoskinson has recognized the strength and leadership of the XRP community. In an X post, Hoskinson praised XRP’s active user base, credible team, and clear purpose, which he attributed to its long-term potential for success. XRP Community: A Model of Leadership Hoskinson’s remarks underscore XRP’s role in cross-border … Continue reading "Charles Hoskinson Praises XRP Community for Leadership and Purpose" The post Charles Hoskinson Praises XRP Community for Leadership and Purpose appeared first on Cryptoknowmics-Crypto News and Media Platform . Crypto Potato