Bitcoin, Ethereum Spike 4% While XRP Surges 11% To Become Top 3 Crypto

Cryptocurrency markets are surging on the first official trading day of 2025, with the top three coins by market capitalization up between 4% and 11% before U.S. markets open.

CRYPTOCURRENCY PRICE    24-HOUR GAINS +/-
Bitcoin (CRYPTO: BTC)  $96,595 +3.4%
Ethereum (CRYPTO: ETH)  $3,462 +4.0%
XRP (CRYPTO: XRP)  $2.40 +10.8%

What Happened: XRP has overtaken Tether (CRYPTO: USDT) to become the third-biggest cryptocurrency by market capitalization, surging to $138 billion at the time of writing.

CoinDesk on Thursday …

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