Bitcoin (BTC) is pushing to regain its six-figure valuation following a period where it risked falling below $90,000 support zone. However, on-chain data suggests a new record high could be on the horizon amid the recent volatility.

Bitcoin surges 4.30%, trading at $98,466. Key resistance at $99,460 could dictate its next move as altcoin season wanes. Read the full analysis. The post Will Bitcoin Stabilize Above $100K: Altcoin Season Over? appeared first on Cryptonews.

Amid a wider readjusting of market expectations for interest rate cuts by the Federal Reserve (Fed) for 2025, investors withdrew a record $680 million from Bitcoin ETFs on Thursday, the highest outflow in a single day since January's approval of these investment funds. Grayscale And Bitwise Bitcoin ETFs Experience 8% Decline As Bitcoin ETFs faced this outflow, the price declined, dropping another 5% to trade around $97,400 to close the week.

There's no denying that cryptocurrency is a polarizing asset class. While it's beginning to receive some level of interest at an institutional level, I'd wager that the majority of crypto enthusiasm still resides among retail investors.

Bitcoin investors have hit a new milestone: the average profit per Bitcoin holder is now a staggering $67,088, according to data from Whale Alert. This marks a significant achievement in the world of cryptocurrency, and it's worth noting that this figure surpasses the average annual salary in the United States, which stands at $62,027 in 2024.

Popular blockchain tracking platform Whale Alert, which monitors large cryptocurrency transfers, has spotted several impressive crypto transactions that carried close to 190 million XRP. Two-thirds of this amount of coins were shoveled between anonymous wallets.

Ethereum (ETH) has been struggling with the $4,000 price level for months now. Since March 2024, it's been rejected at this point three times. Right now, it's sitting at $3,475, and while that's a slight improvement, ETH has still dropped 24% over the past few days—from $4,087 to $3,097.

The total crypto market cap is above $3.550 trillion once again.

Ripple whales have aggressively bought 80 million XRP during the latest market downturn, pushing prices higher and fueling predictions of a move toward $3. Optimism builds with Ripples new stablecoin and pro-crypto developments.

Key Points:

Ethereum whales withdrew 17,698 ETH valued at $61.66 million, accelerating price recovery. With prices nearing $4000 and renewed institutional activity, market sentiment remains bullish as analysts predict further gains.

Due to yesterday's crypto market rout, Ethereum (ETH) has now faced rejection at the key $4,000 resistance level for three times since March 2024. The second-largest cryptocurrency by reported market cap is now trading at the $3,400 level, down 6.7% in the past 24 hours.

Ethereum (ETH) has shown signs of recovery following a sharp market downturn, with significant whale activity that saw large Ether holders have been making withdrawals from exchanges. After experiencing declines exceeding 15% following the Federal Reserve's rate cut decision for 2025, Ethereum appears to be finding stability near the $3,400 level.

The US Spot Bitcoin ETF has ended its 16-day inflow streak this week, as the crypto market recorded a massive pullback. Amid this, BlackRock Bitcoin ETF (IBIT) recorded its highest outflow since launch, sparking concerns among investors.

The crypto market is reeling from a massive sell-off as Bitcoin and other major cryptocurrencies experience significant losses. Over the past 24 hours, a total of 361,972 traders were liquidated, leading to over $1.17 billion in losses.

Bitcoin buying led by Coinbase launches BTC price action back toward the six-figure mark.

This week, the LATAM cryptocurrency landscape demonstrated its dynamic nature once more. El Salvador has decided to continue with its Bitcoin purchases, despite the IMF's warnings, while MetaMask innovates by launching its crypto debit card for Mexico, Colombia and Brazil.

Pudgy Penguins, LilPudgys, Azuki and Doodles topped last week's charts as the best-performing collections.

Bitcoin's price correction could continue, but analysts see no reason for concern.

Bitcoin has faced a significant correction, dropping 15% from its all-time high of $108,300. This price decline marks a sharp shift in market sentiment, which has quickly transitioned from an extremely bullish outlook to one of uncertainty and caution.

The crypto market continues to show signs of growth and adoption, particularly with the significant increase in demand for stablecoins on Ethereum's layer 2 networks. According to a recent report, Ethereum's layer 2 networks now hold over 13.5 billion dollars in stablecoins, a new historical record.

Macro investor and fund manager Dan Tapiero says that Bitcoin (BTC) reaching $200,000 in 2025 is viable. In a new thread, Tapiero tells his 123,500 followers on the social media platform X that once the US government tightens up fiscal policy, the top crypto asset by market cap will skyrocket.

XRP has crashed alongside the rest of the cryptocurrency market, but this analyst thinks the asset could be the one to find a quick recovery. XRP Has Been The Top Traded Altcoin On Binance This Month In a new CryptoQuant Quicktake post, community analyst Maartunn has talked about how the altcoins currently compare against each other based on their monthly Binance futures trading volumes.

In a significant move for the cryptocurrency industry, Groupe BPCE, France's second-largest bank, has received approval to offer Bitcoin and cryptocurrency investment services to its vast customer base of 35 million users.

The U.S. Court of Appeals has just revealed key dates for the explosive lawsuit filed by Bradley Sostack against Ripple. In the meantime, the US Securities and Exchange Commission (SEC) is working to file its main brief before Chairman Gary Gensler leaves, but a potential government shutdown may cause delays.

The world of cryptocurrencies is in turmoil as mentions of "Buy the Dip" on social media reach their highest level in eight months. According to recent data, this trend was observed after the price of BTC fell below the psychological threshold of $100,000 on December 19, 2024.

XRP News: The Ripple whales have continued to bag more coins amid the recent market crash, indicating a bullish momentum ahead of the crypto. Besides, the recent performance of XRP, as well as the broader crypto market, also signals that investors are once again entering the market after a recent pause.

Robert Kiyosaki, a renowned businessman and the author of a highly successful financial book series, Rich Dad Poor Dad, in a recent post on X, warns about the possibility of a global financial crisis. He advises people to invest in gold, silver and Bitcoin to protect wealth. Here is what you should know.

XRP took a big hit during the market-wide correction but it's up by double digits since the local low.

Bitcoin, the leading cryptocurrency by market capitalization, has recently experienced a significant and sudden price correction, sparking debate among investors. Concerns have surfaced about whether this downturn signals the conclusion of the current bull cycle or merely represents a temporary setback.

Ethereum whales have turned active once again as the ETH price dipped all the way to $3,100 levels. The massive withdrawals from the crypto exchange Binance show that big players are confident of ETH's future rally despite recent volatility.

Michael Saylor, the head of MicroStrategy, has shared a bold idea: by using Bitcoin as a strategic reserve, the United States could make up to $81 trillion. Saylor believes this move could position the U.S. as the leader of the global digital economy.

The crypto market today is recovering from losses from the past 48 hours, with the market cap adding 1.34% gains in 24 hours to reach an impressive $3.4 trillion. Trading volumes too have surged by 10.25% to $291.27 billion, signaling renewed optimism among investors.

Bitcoin struggles to recover from the big drop. It fell down to $92,000 as we predicted in our analysis yesterday. Though BTC has moved up by 5%, it still lies in a danger zone. Let's analyse market metrics to understand what is happening and what to expect.

Record $671.9M outflow from U.S. BTC ETFs as Bitcoin drops 9.2% and Ethereum plunges 15.6%.

Bitcoin (BTC) is experiencing its first seven-day decline in eight weeks, prompted by hawkish signals from the US Federal Reserve (Fed) that have led traders to sell off the asset, which has more than doubled in value this year. Bitcoin Rebounds To $97,500 After Historic ETF Outflow The market's leading cryptocurrency saw a drop of as much as 5.3% to $92,149 on Friday, following a record high of just above $108,000 earlier in the week.

Crypto analyst Rekt Capital says that Ether could keep consolidating between the $3,000 and $4,000 range, though a pullback to $3,000 isn't entirely out of the question.

World Liberty Finance, a prominent crypto initiative backed by the Trump family, has significantly increased its Ethereum (ETH) holdings through a strategic purchase of $2.5 million worth of the cryptocurrency. On December 20, 2024, the project acquired 722.213 ETH using Cow Protocol at approximately 6:54 UTC+8.

How far will El Salvador go with its Bitcoin strategy, despite IMF objections?

Ripple Faces SEC Appeal Drama: XRP battles market volatility as Ripple awaits the SEC's crucial January appeal decision, with potential price impacts looming.

XRP has faced a sharp downturn over the past few days, shedding over 23% of its value since Tuesday. This steep correction has mirrored the broader market's turbulence, intensifying negative sentiment around XRP.

Bitcoin's price recently experienced a sharp drop after Federal Reserve Chairman Jerome Powell's comments during the latest Federal Open Market Committee (FOMC) meeting rattled investor confidence. Powell's remarks on inflation and the potential slowing of rate cuts in 2025 triggered a major correction in Bitcoin's price, causing it to plummet by over $13,000 in just a few days.

Cryptocurrency prices today are showing bullish momentum, with Bitcoin (BTC) rebounding above $97K after touching a low of $92K. Major altcoins like Ethereum (ETH) and XRP also saw gains, reflecting positive market sentiment.

In an interview with Yahoo Finance, US Senator Cynthia Lummis of Wyoming outlined a proposal to grant the Federal Reserve the authority to hold Bitcoin as part of the United States' official reserves.

Bitcoin and Ethereum face volatility after $2.63B options expiry, with prices below key levels.

Story Highlights The Ethereum price today is . ETH price with a potential surge could hit $4,332 this year. The price of Ethereum could reach a high of $15,575 by 2030. The cryptocurrency market has experienced a strong bearish pullback in 48 hours.

The cryptocurrency market has endured a significant sell-off that saw its total market capitalization plunge by over $600 billion before it started recovering. In a sell-off that saw Bitcoin drip from a new high around $108,000 to a $92,000 low. The cryptocurrency has, however, since started recovering and despite still being down more than 6.

Recent technical analysis has revealed that the XRP price is consolidating after breaking key resistance levels to new highs. A crypto analyst has warned of an impending XRP price crash, urging investors not to get distracted as the RSI is still significantly above 50%.