The price of Bitcoin Today, 03/01/2025, is showing a significant increase in the last 24 hours, aiming to return to the US$ 96 thousand zone. The cryptocurrency market today is showing considerable increases in asset prices, with emphasis on the memecoin Dogecoin (DOGE), which is registering an increase of more than 13% today, leading the gains among the 10 largest cryptocurrencies in the market.
Yesterday, Bitcoin traded as low as $96.406 before beginning its upward movement and peaking at $98.970, according to market data. However, the asset failed to sustain its upward movement and retraced to the current zone. At the time of publication, the price of Bitcoin was quoted at $97.802,58 with a rise of 1.2% in the last 24 hours, equivalent to approximately R$605,265.00 BRL and €95,512.61 EUR.
When analyzing Bitcoin's price action, renowned cryptocurrency analyst Ali Martinez, observed that Bitcoin is facing a strong supply barrier between $98.000 and $100.000 which is currently acting as resistance.
The largest meme coin, DOGE, is seeing a surprising surge in its price today, rising by over 13% in the last 24 hours. In its weekly development, the asset has seen a 23.3% increase in value. At the time of publication, the price of Dogecoin is quoted at $0,3899 and is up 12.9% in the last 24 hours.
In the same vein, following Bitcoin’s recent movement, most major cryptocurrencies are showing significant increases in their prices in the last 24 hours. Ethereum is trading at $3.599,41 with a 4% increase in its price. XRP is trading at $2,44 with a 1.1% increase. Cardano is priced at $1,06 after recording a 1.2% drop. Solana is up 0.9% and is trading at $216,40.
SUI cryptocurrency posted the biggest gain among the top 100 cryptocurrencies today as it traded at $5,15 with a surge of 18.3% in the last 24 hours. The token has gained 26.9% in seven days.