{"id":46364,"date":"2025-01-30T15:14:31","date_gmt":"2025-01-30T15:14:31","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-stays-steady-while-sui-ondo-and-ray-lead-crypto-gains\/"},"modified":"2025-01-30T15:14:31","modified_gmt":"2025-01-30T15:14:31","slug":"bitcoin-stays-steady-while-sui-ondo-and-ray-lead-crypto-gains","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-stays-steady-while-sui-ondo-and-ray-lead-crypto-gains\/","title":{"rendered":"Bitcoin stays steady while SUI, ONDO, and RAY lead crypto gains"},"content":{"rendered":"

(Originally posted on : Invezz )<\/b>
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The global crypto market cap was up 2.6% to over $3.57 trillion on Thursday, with trading volume up 17% to over $130 billion.<\/p>\n

Upbeat mood continued to dominate as the Asian trading session saw Bitcoin (BTC) hold steady following a bounce to above $105k on Wednesday.<\/p>\n

Meanwhile, with cryptocurrencies reacting to Federal Reserve chair Jerome Powell\u2019s remarks positively, several altcoins registered double digit gains. <\/p>\n

Sui, Ondo Finance and Raydium topped the rankings among leading altcoins by market cap.<\/p>\n

BTC price holds steady<\/h2>\n

Bitcoin (BTC) price fell below $98k this week and had some analysts calling for further pain, possibly to lows of $75k. <\/p>\n

However, the benchmark has bounced to highs of $105,587 in intraday action on Jan. 30.\u00a0<\/p>\n

With a daily range of $101,427 and $105,587, Bitcoin trades well above the range seen on Monday and could target the highs above $108 seen on January 20. <\/p>\n

Gains for Bitcoin come amid growing adoption, including news<\/a> the Czech National Bank is considering a historic $7 billion investment in BTC.\u00a0<\/p>\n

Notably, on-chain data shows retail interest remains low. <\/p>\n

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\"glassnode\"<\/div>\n
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glassnode<\/span><\/div>\n
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@glassnode<\/span><\/a><\/p>\n
\u00b7<\/span>Follow<\/a><\/div>\n<\/div>\n<\/div>\n

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One way to gauge <\/span>$BTC<\/a> retail investor activity is by tracking the Spent Volume of wallets holding less than 0.1 BTC: <\/span>glassno.de\/3EqKU3m<\/a>
\nAt its peak in Nov 2024, retail investors were spending $20.6M per hour. Today, that figure has dropped to $10.7M per hour – a ~48%\u2026<\/span><\/p>\n

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\"Image\"<\/a><\/div>\n<\/div>\n

12:08 pm \u00b7 30 Jan 2025<\/a><\/a><\/div>\n
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140<\/span><\/a><\/p>\n

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