The post Crypto News Today (Jan 25th, 2025): Bitcoin Weekly ETF Inflows Hit $1.24 Billion! appeared first on Coinpedia Fintech News
The cryptocurrency business experienced a minor dip over the past 24 hours, with the market cap decreasing by 0.14% to $3.59 trillion. Trading volume plunged by 37.13% to $128.41 billion, reflecting marketers’ caution. However, the Fear & Greed Index scored 61, maintaining its “Greed” zone.
Bitcoin Shows Resilience
Bitcoin held its position firm with a subtle 0.24% gain, pushing its price to $104,698.70. BTC’s dominance climbed to 57.84%, which was fostered by $1.24 billion in weekly ETF inflows. While its 24-hour volume dropped 52.70% to $47.66 billion.
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Altcoins Struggle Amid Mixed Performance?
The altcoin market showed mixed trends, with Ethereum slipping by 0.72% to $3,301.58, Solana dropping 1.61% to $250.65, and XRP losing 1.20% to trade at $3.12. The price declines on the daily chart indicate reducing interest in major altcoins as Bitcoin strengthens its grip on the market.
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Top Gainers & Losers
Among gainers, Gate Token surged 9.37%, Litecoin rose 7.63%, and Ondo climbed 6.93%. On the other hand, TRUMP led the losers with a sharp 14.65% decline, followed by WIF and FARTCOIN, which dropped 7.88% and 8.54%, respectively.
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FAQs
Bitcoin is trading at $104,698.70 at the time of writing.
Gate Token (+9.37%), Litecoin (+7.63%), and Ondo (+6.93%) were the top performers.
The Fear & Greed Index is at 61, indicating a “Greed” sentiment in the market.