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Bitcoin Market Updates: BTC edges closer to $101K as ETFs end four-day selling frenzy
Bitcoin’s weak price rally attempt on
Thursday halted at the $100,866 mark, as traders increasingly lean towards the altcoin markets.
Bitcoin ETFs Performance, January 15 2025 | Source: SosoValue
After four consecutive days of outflows, Bitcoin ETFs finally recorded $755 million inflows on Wednesday, hinting at a potential accumulation race ahead of Trump’s inauguration.
Altcoin market updates: XRP, Solana, and LTC lead $88B altcoin market rally
While Bitcoin price stalled below $101,000 on Thursday, the altcoin markets were agog with intense speculative trading activity.
TOTAL3 (Cryptocurrency market cap excluding BTC and ETH) | Source: TradingView
TradingView’s TOTAL3 represents the global cryptocurrency market cap growth, excluding Bitcoin and Ethereum. The chart above shows the altcoin market cap grew by $88 billion on Thursday, while BTC and ETH stagnated.
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