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Crypto Price Today (Jan 07th, 2025): Bitcoin Price Climbs Above $100k | WLD, RNDR, BTT Surge Big!
The cryptocurrency market has started the Asian trading hours on a positive note, with several altcoins joining Bitcoin’s upward momentum. In this article, we will discuss the latest crypto news and analyze the current market sentiment.
Firstly, let’s focus on the primary driver of today’s rally – Bitcoin (BTC). The king of cryptocurrencies has surged above the $100,000 mark once again, currently trading at $101,722.53. This 2% hike in the past 24 hours has resulted in a total market capitalization increase of 2.05% to $3.58 trillion.
The rise of Bitcoin is being echoed by several altcoins, with a notable mention of Worldcoin (WLD), which has skyrocketed by an impressive 5.80% to reach $2.57. Render Token (RNDR) and BitTorrent (BTT) have also joined the rally, climbing by 5.14% and 5.07%, respectively.
On the other hand, some tokens are not part of this upward trend. FARTCOIN is currently facing a significant correction, plunging by 15.88% to $1.15. ENA and VIRTUAL have also slipped, with losses of 8.01% and 7.62%, respectively.
As the crypto market continues to fluctuate rapidly, the Fear & Greed Index has taken note of the current sentiment. The gauge now sits at 66, indicating a “Greed” sentiment among investors. This suggests that the optimism surrounding the market is reaching new heights.
With this surge in prices and sentiments, it’s essential for traders to remain cautious and stay up-to-date with the latest market developments.
Source: coinpedia.org
