Bitcoin, Solana, XRP With Strong Month But Challenges Await: Report
Posted On January 29, 2025
On-chain analytics provider Santiment data published its January report, looking back at the performance of major cryptocurrencies like Bitcoin (CRYPTO: BTC), Solana (CRYPTO: SOL) and XRP (CRYPTO: XRP).
What Happened: January brought extreme volatility to crypto, largely fueled by the inauguration of Donald Trump as the 47th U.S. president.
His pro-crypto stance, including proposals for a national Bitcoin reserve, initially boosted market confidence.
Bitcoin And Altcoins
Bitcoin hit a new all-time high of $109,300 just before his inauguration but has since retraced to $102,600.
Despite this modest …
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