January 7, 2025 – The cryptocurrency market has kicked off 2025 on a high note, with Bitcoin leading the charge. The global crypto market valuation increased by $11 billion on Monday, reaching an 18-day peak of $3.47 trillion. Bitcoin’s price crossed the $102,480 mark, marking a seventh consecutive green candle and a 10% year-to-date gain(2).

Microstrategy and Metaplanet Fuel Bitcoin Rally

The recent surge in Bitcoin’s price can be attributed to fresh inflows from global corporate markets, which reopened after the 2024 Yuletide hiatus. Microstrategy, a leading business intelligence firm, announced another purchase of $101 million worth of BTC on Monday. Japanese digital asset management firm MetaPlanet also confirmed plans to expand its total holdings to 10,000 BTC in 2025(2).

Altcoin Market Sees Significant Gains

While Ethereum underperformed, AI-related altcoins like Render (RNDR), FET, and Injective (INJ) have entered double-digit gains. Injective (INJ) price emerged as the standout performer on Monday, rising by more than 12% as it crossed the $25 mark for the first time in 2025. The INJ rally is linked to the proposed implementation of token burn auctions on the Injective layer-1 blockchain(2).

Other Notable Developments

  • Filecoin (FIL) price crossed $6 as it rose 5% due to its listing on Bithumb, South Korea’s second-largest crypto exchange.
  • Binance Coin (BNB) price climbed 6%, breaching the $740 resistance, as intensifying trading activity spurs demand for the world’s largest exchange’s native coin.
  • Gemini Trust Co. agreed to a $5 million settlement with the Commodity Futures Trading Commission (CFTC) over allegations of misleading statements in 2017(2).

Expert Insights

The recent crypto market movements highlight growing investor interest in Layer 2 tokens and crypto AI tokens amid the positive start to 2025. As more crypto projects continue to explore new fronts with integration on AI and blockchain, strategic investors will keep an eye on this sector as one of the major growth prospects to watch in 2025(2).

Conclusion

The cryptocurrency market is off to a strong start in 2025, with Bitcoin leading the charge. As the market continues to evolve, investors will be keeping a close eye on developments in the AI and blockchain space. With the global crypto market valuation reaching an 18-day peak of $3.47 trillion, it’s clear that the sector is poised for significant growth in the coming year.

Sources:

(1) Bitcoin.com News
(2) FXStreet – Crypto Today: Bitcoin taps $100K, AI Tokens surge as Ripple CEO announces US hirings
(3) Cointelegraph – Bitcoin ETFs roar back with second day of $900M+ inflows

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