As of January 22, 2025, the cryptocurrency market is experiencing notable movements influenced by recent political developments and market dynamics. Below is a detailed report on the current exchange rates of major cryptocurrencies, along with relevant market insights.
Bitcoin (BTC): Bitcoin is trading at $105,008.00, reflecting a 0.72% increase from the previous close. The intraday high reached $107,245.00, with a low of $102,783.00.
Ethereum (ETH): Ethereum's price stands at $3,310.47, marking a 0.36% rise. The day's high was $3,367.92, and the low was $3,266.02.
Tether (USDT): Tether maintains its peg at $0.99988, with minimal fluctuations between $1.00 and $0.998904.
BNB (BNB): BNB is valued at $697.81, showing a 1.44% increase. The intraday high and low were $703.22 and $681.94, respectively.
USD Coin (USDC): USDC remains stable at $1.00, consistent with its design as a stablecoin.
XRP (XRP): XRP is priced at $3.22, up by 2.87%, with a high of $3.25 and a low of $3.08 during the day.
Cardano (ADA): ADA stands at $1.002, a slight increase of 0.60%, with intraday values ranging from $1.028 to $0.978364.
Dogecoin (DOGE): Dogecoin is trading at $0.364364, experiencing a 3.61% decrease. The day's high was $0.386925, and the low was $0.360607.
Solana (SOL): Solana's price is $258.53, up by 7.48%, with intraday values between $259.39 and $236.59.
Litecoin (LTC): Litecoin is at $116.37, down by 4.18%, with a high of $122.68 and a low of $115.46.
Recent political events, such as the inauguration of President Donald Trump, have influenced the cryptocurrency market. Bitcoin surged by 2.7% to $104,991 following actions by the newly inaugurated Trump administration that appear favorable for cryptocurrency markets. citeturn0news12 Additionally, the SEC's announcement of a "crypto task force" led by Commissioner Hester Peirce aims to develop a regulatory framework for digital assets, further impacting market sentiment. citeturn0news12
In India, as of 08:50 AM IST on January 22, 2025, Bitcoin was priced at ₹91,59,838, and Ethereum at ₹2,89,014. citeturn0search0
Below is a table summarizing the current prices of major cryptocurrencies:
| Cryptocurrency | Price (USD) | 24H Change | Intraday High | Intraday Low |
|---|---|---|---|---|
| Bitcoin (BTC) | $105,008.00 | +0.72% | $107,245.00 | $102,783.00 |
| Ethereum (ETH) | $3,310.47 | +0.36% | $3,367.92 | $3,266.02 |
| Tether (USDT) | $0.99988 | +0.09% | $1.00 | $0.998904 |
| BNB (BNB) | $697.81 | +1.44% | $703.22 | $681.94 |
| USD Coin (USDC) | $1.00 | 0.00% | $1.00 | $0.999917 |
| XRP (XRP) | $3.22 | +2.87% | $3.25 | $3.08 |
| Cardano (ADA) | $1.002 | +0.60% | $1.028 | $0.978364 |
| Dogecoin (DOGE) | $0.364364 | -3.61% | $0.386925 | $0.360607 |
| Solana (SOL) | $258.53 | +7.48% | $259.39 | $236.59 |
| Litecoin (LTC) | $116.37 | -4.18% | $122.68 | $115.46 |
*Note: Cryptocurrency prices are volatile and subject to rapid changes. It's advisable to consult multiple sources and exercise caution when making investment decisions.*
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