The crypto market is in the green today, with the total crypto market capitalization up more than 2% over the past 24 hours. Bitcoin is trading near $94,000, while XRP has gained 12.5% in the same period, trading above $2.40. Crypto-linked stocks also broadly outperformed, reflecting renewed risk appetite and Bitcoin’s sustained price strength. American Bitcoin (ABTC) led the rally with a 13.48% surge, followed by notable gains in GameSquare, Bit Digital, Coinbase, Robinhood, and Bitmine. Despite Bitcoin’s continued ascent, on-chain data points to weakening participation. Glassnode data shows spot trading volumes across Bitcoin and major altcoins have dropped to their lowest level since November 2023. Market depth has yet to recover fully from the October 2025 liquidation event, leaving liquidity fragile and prices increasingly sensitive to relatively small flows.
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The post [LIVE] Crypto News Today: Latest Updates for Jan. 06, 2025 – XRP Rallies 12% as Bitcoin Pushes Toward $95K in Market-Wide Surge appeared first on Cryptonews.
