Crypto News Today (Jan 15th, 2025): Bitcoin Holds $96k as U.S. CPI Report Shows 2.9% Increase?

The post Crypto News Today (Jan 15th, 2025): Bitcoin Holds $96k as U.S. CPI Report Shows 2.9% Increase? appeared first on Coinpedia Fintech News The cryptocurrency industry continues its cautious sentiment, with the market cap ticking upward by 0.29%, now at $3.4 trillion. Despite this modest growth, trading volume has plummeted by 25.49% in the last 24 hours, reaching $123.4 billion. Market sentiment remains balanced, as reflected by the Fear & Greed Index, which stands at a neutral score of 51, suggesting a wait-and-see approach from investors. Talking about the U.S. CPI inflation numbers now stands at 2.7%. Bitcoin Holds Its Ground Amid Macro Concerns Bitcoin has maintained its position, registering a marginal 0.27% increase in the last 24 hours. With its price now at $96,565.19 and a market cap of $1.91 trillion, the cryptocurrency solidifies its role as a market anchor. Meanwhile, high open interest in Bitcoin futures highlights the risks posed by excessive leverage in the derivatives market. For a detailed look at Bitcoin’s price movements, check out our Bitcoin Price Prediction . Mixed Trends in Altcoins Ethereum has posted a negligible 0.02% gain, holding steady at $3,189.39, while Solana and XRP displayed contrasting movements. Solana experienced a minor dip of 0.24%, trading at $186.20, whereas XRP surged by 7.30%, reaching $2.75. XRP’s notable performance underscores its continued appeal to investors amidst ongoing market fluctuations. Explore our Ethereum Price Prediction to understand its future trajectory. Top Gainers DeXe: $15.97 (+15.05%) AI16Z: $1.32 (+13.30%) VIRTUAL: $2.94 (+9.97%) Top Losers JASMY: $0.02701 (-8.91%) FARTCOIN: $0.9975 (-7.62%) RENDER: $6.77 (-4.52%) Subscribe to stay updated for more insights into the evolving cryptocurrency landscape. FAQs What is the current global crypto market cap? The global cryptocurrency market cap is $3.4 trillion, up by 0.29% in the last 24 hours. Which tokens are the top gainers today? DeXe, AI16Z, and VIRTUAL lead today’s gainers with significant percentage increases. What does the Fear & Greed Index indicate? The Fear & Greed Index stands at 51, indicating neutral market sentiment.