Bitcoin Reclaims $100,000, XRP Leads Altcoin Gains—But This One Cryptocurrency Keeps Lagging

Cryptocurrency markets are surging on Thursday, with Bitcoin reclaiming $100,000 and XRP leading a broader altcoin rally.

Cryptocurrency	Price	Gains +/-
Bitcoin BTC/USD	$100,335.85	+0.4%
Ethereum ETH/USD	$3,343.10	-3%
Solana SOL/USD	$213.67	+5.7%
XRP XRP/USD	$3.29	+11.8%
Dogecoin DOGE/USD	$0.3854	+2.3%
Shiba Inu SHIB/USD	$0.00002236	+0.2%

Notable Statistics:

IntoTheBlock data shows large transaction volume increasing by 13.3% and daily active addresses up by 1.3%. Transactions greater than $100,000 are up from 10,217 to 11,601 in a single day. Exchanges netflows are up by 31.9%.
Coinglass data reports 109,109 traders were liquidated in the past 24 hours for $359.99 million.

Notable Developments:

Top Gainers:

Cryptocurrency	Price	Gains +/-
Hedera HBAR/USD	$0.3768	+20.8%
Litecoin LTC/USD	$127.47	+20.1%
XDC Network XDC/USD	$0.1524	+16.6%

Trader Notes: With Bitcoin experiencing heightened volatility, crypto trader Jelle noted that the price action is unfolding as expected.

He emphasized that the key support area is now $100,000, and a break above this level could propel prices significantly higher.

Still going as planned.

Looks like the key area is now support – break $100,000 and this goes a lot higher IMO.

Looking good! #Bitcoin pic.twitter.com/XZgPeyn14k
— Jelle (@CryptoJelleNL) January 16, 2025

More Crypto Online highlighted that Bitcoin's recent upward move has a first target zone of $104,185–$106,415, with $113,166–$118,550 as the next zone if these targets are hit.

Crypto trader Pentoshi expects another reversal on lower timeframes that could translate into higher timeframe movements.

He pointed out that the key indicator to monitor is "each consolidation becoming shorter than the previous one as price accelerates."

Trader Javon Marks observed that Bitcoin's 48-hour chart confirmed a hidden bullish divergence.

He noted that a similar setup during election time previously resulted in a 40–50% price spike.

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