January 15, 2025
Bitcoin, Ethereum, XRP, Dogecoin Reverse ‘Red Monday’ On Bullish Trump News
 #CriptoNews

Bitcoin, Ethereum, XRP, Dogecoin Reverse ‘Red Monday’ On Bullish Trump News #CriptoNews

Financial Insights That Matter

Cryptocurrency markets reversed a weak start to the week on news that Donald Trump reportedly plans signing sseveral crypto-related executive orders on his first day in office.

Cryptocurrency Price Gains +/-
Bitcoin BTC/USD $94,357 -0.1%
Ethereum ETH/USD $3,117 -4.5%
Solana SOL/USD $181.90 -3.3%
XRP XRP/USD $2.54 +0.9%
Dogecoin DOGE/USD $0.3358 -0.0%
Shiba Inu SHIB/USD $0.00002108 -2.2%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume increasing by 9.2% and daily active addresses up by 6.4%. Transactions greater than $100,000 are down from 7,112 to 6,648 in a single day. Exchanges netflows are down by 147.8%.
  • Coinglass data reports 273,610 traders were liquidated in the past 24 hours for $764.74 million. Long liquidations of $587.9 million came in at a three-week high.
  • Crypto chart analyst Ali Martinez noted Bitcoin network activity having fallen to its lowest level since November 2024, with just 667,100 active addresses.
  • In another tweet, he sees number of large transactions on the Bitcoin network has decreased by 51.64% over the past month, dropping from 33,450 to 16,180.

Notable Developments:

Top Losers:

Cryptocurrency Price Gains +/-
DeXe DEXE/USD $13.57 -16%
Athena ENA/USD $0.7651 -14.5%
Bitcoin SV BVS/USD $51.36 -12.1%

Trader Notes: With Bitcoin prices dropping, crypto trader Jelle suggested it could be a “Red Monday, green week.”

In another tweet, he highlighted that Bitcoin’s daily candle is shaping up well, noting that a close above $92,500 would increase the likelihood of marking a bottom.

Crypto trader Rekt Capital emphasized the importance of a daily close above ~$91,000 to sustain the $91,000-$101,000 range and preserve the early-stage higher low on the RSI.

Meanwhile, crypto trader Seth views $170,000 as a conservative Bitcoin top target within a broader $150,000-$300,000 range.

This aligns with historical bull cycles where Bitcoin often overshoots expectations, depending on liquidity influx.

Seth added that if $170,000 is treated as a baseline, there’s potential for further upside driven by macro conditions, institutional adoption, or retail FOMO.

Key factors like halving effects and global liquidity will play a major role in determining how realistic this target is.

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