Bitcoin prints a “god candle” to all-time highs in what traders say is a good start to an “interesting week.”
Bitcoin (BTC) hit flash volatility on Jan. 10 at the start of the European trading session to hit an all-time high of $109,356 on Bitstamp.
BTC price has climbed from its lows below $100,000 on Jan. 19, rising as much as 9.6% to trade above $109,000 for the first time ever.
Data from Cointelegraph Markets Pro and TradingView shows BTC trading at around $108,000, up 3.3% over 24 hours.
As an experiment, Cointelegraph asked two different AI models, OpenAI’s ChatGPT and xAI's Grok, to predict how XRP price could be affected by a spot ETF approval.
XRP (XRP) price hit a new all-time high of $3.38 on Jan. 16, outperforming most other cryptocurrencies over the past few days.
XRP’s amazing rally has left market participants wondering how high its price can go in 2025, particularly if a spot XRP exchange-traded fund (ETF) is approved.
XRP/USD weekly chart. Source: Cointelegraph/TradingView
XRP’s price action forms a classic bullish continuation structure, with a profit target of around $15.
XRP (XRP) price printed a bull flag on the daily chart, a technical chart pattern associated with strong upward momentum. Could this bullish setup and surging open interest signal the start of the second leg of XRP’s rally into the double-digit zone?
XRP price is up 15% over the last seven days after weeks of consolidation following the altcoin’s rally toward $3.00 in early December. The XRP/USD pair is up 1.5% to its intraday high of $2.44 on Jan. 6, according to data from Cointelegraph Markets Pro and TradingView.
XRP’s potential to rise higher is backed by increasing open interest (OI), which has increased significantly over the last 24 hours.
Dogecoin’s next possible stop is $0.50 and above. Especially if a historical price fractal fails to play out.
After a 208% breakout in early November, Dogecoin (DOGE) has consolidated within a tight range between $0.35 and $0.48 for four weeks. DOGE’s recent price correction led to a breakout below an ascending trendline, indicating a potential bearish trend shift.
Dogecoin 1-day chart. Source: Cointelegraph/TradingView
However, one analyst pointed out that Dogecoin could be on the brink of another uptrend based on a key technical indicator and repetitive setup from March 2024.
Solana’s monthly DEX volume surpasses $100 billion for the first time, fueled by high network activity and the memecoin frenzy.
Solana native token SOL surged 61.5% between Nov. 5 and Nov. 22, hitting new all-time highs at $263. This rally mirrored broader altcoin gains, which rose by 58% as Bitcoin nearly reached the $100,000 milestone.
The bullish momentum is mostly attributed to President-elect Donald Trump’s win in the just concluded 2024 US Presidential election and a surge in Solana network metrics as the memecoin frenzy returns. This has resulted in multiple Solana onchain indicators reaching record highs, with the latest being the monthly decentralized exchange (DEX) volumes.
Layer-1 blockchain Solana (SOL) has clocked record-breaking DEX volume on multiple timeframes, according to data from DefiLlama.
XRP price staged a double-digit rally as traders opened new positions in expectation of a crypto-friendly Trump administration.
XRP jumped 17% over the last 24 hours, outperforming the rest of the crypto market as the rally cooled off.
Data from Cointelegraph Markets Pro and TradingView shows XRP rose from a low of $0.6833 on Nov. 14, climbing as much as 24% to a sixteen-month high of $0.8479.
In comparison, the total crypto market capitalization was down, posting 2.8% daily losses to $2.91 at the time of publication. Bitcoin (BTC) had dropped 4% while Ether (ETH) was down 6% over the same timeframe.
PEPE hits new highs following several major exchange listings.
Pepe (PEPE), the largest Ethereum-based memecoin by market capitalization, is on track to continue the recovery it began on Nov. 5. PEPE has climbed approximately 230% from its Nov. 5 low of around $0.0000078, bringing its price up to an all-time high of $0.00002597 on Nov. 14.
Data from Cointelegraph Markets Pro and TradingView shows PEPE trading at $0.00002093, up 15% over the 24 hours and 104% over the last seven days.
PEPE/USD daily chart. Source: TradingView
Ether price and network fundamentals are showing momentum, increasing the chance of a rally to $4,000.
Increasing excitement over a crypto-friendly business environment in the United States following Donald Trump’s presidential election win caused the price of Ether (ETH) to jump over 37% over the last seven days to trade at highs not seen since July 24.
ETH/USD daily chart. Source: TradingView
At the time of writing, Ether is trading at $3,392 with increasing demand through spot Ethereum ETFs, and onchain metrics suggest that the altcoins uptrend remains intact.
Trump’s election win sparked a surge in searches, indicating increased retail investor interest in the digital asset.
Since the victory of United States President-elect Donald Trump, interest in cryptocurrency has spiked, with Bitcoin surging to all-time highs as his campaign promised to support the crypto industry.
Market observers say the spike in search interest and inflows suggest renewed interest among retail investors and a potential wave of new buyers ready to enter the crypto market.
Ryan Chow, co-founder and CEO of Bitcoin (BTC) staking platform Solv Protocol, told Cointelegraph that Trump’s victory is a “major catalyst for launching the next bull market.”
The Ether whale moved the funds for the first time in eight year with 800x gains as ETH price edged above $2,800.
Ether (ETH) has rallied more than 9% over the last 24 hours, reaching a 13-week high of $2,880 on Nov. 7.
As this happened, an Ethereum whale, who had held more than 11,000 ETH since 2016, has appeared to cash in on massive gains.
In February 2016, Ether traded for between $2.1 and $6.6 per token. Back then, the address added 11,005 ETH on the crypto exchange ShapeShift, according to Lookonchain. The onchain smart money tracker said the tokens were acquired at $3.46 per token, putting the total cost at $38,000.
