Bitcoin Today 25/01/2025: BTC Falls to $104K as JUP Leads Gains on Market Downturn
The price of Bitcoin Today 25/01/2025 is showing a significant daily pullback amid the broader market decline. Down over the past 24 hours, the largest cryptocurrency is trading at the $104K price level. Amid this scenario, few cryptocurrencies are trading in the green today, with Jupiter (JUP) leading the gains among the top assets.
Bitcoin’s price has seen significant pullbacks over the past week, hitting a low of around $99 on January 19. In its weekly development, the asset has managed to recover in value by 1.3%. Amid the recent market developments, renowned cryptocurrency analyst Ali Martinez noted that the key support level for Bitcoin lies at $97.877, where over 101.000 BTC have been accumulated. “Holding above this level is crucial to sustaining the bullish momentum,” highlighted or specialist.
Source: Ali Martinez
At the time of publication, the price of Bitcoin was quoted at US$ 104.562 with a decrease of 0.8% in the last 24 hours, equivalent to approximately R$ 622,427.04 BRL and € 100,622.19 EUR. During this week in view of the inauguration of US President Donald Trump, BTC set a new all-time high. The highest price paid for Bitcoin (BTC) was US$ 108.786, recorded on January 20, 2025 (5 days). Comparatively, the current price is 3,94% lower than the all-time high.
In the same vein, following Bitcoin’s recent movement, most major cryptocurrencies are showing considerable drops in their prices in the last 24 hours. Ethereum is trading at $3.305,20 with a 2.9% drop in its price. XRP is trading at $3,11 with a 2.6% drop. Cardano is priced at $0,9792 after recording a 2.3% drop. Solana is trading at $6.2.
Amid the bear market, the cryptocurrency Jupiter (JUP) stands out as one of the few trading with gains today. At the time of publication, the price of JUP was quoted at US$ 0,9247 with an increase of 8.5% in the last 24 hours.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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