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Crypto majors showed mixed movement as bitcoin (BTC), ether (ETH) and BNB Chain’s bnb gained under 1% in the past 24 hours, while Solana’s SOL and XRP surged as much as 7%.

Dogecoin (CRYPTO: DOGE) is the undisputed king of the meme coins, with a market cap of about $56 billion. The coin has been in a roaring rally since late last year, rising by 355%, and, with the Trump administration signaling a serious pro-crypto bent, it's no surprise that investors are interested in making big gains with a purchase. Is it possible to make a decent sum of $10,000 with a timely investment in this meme, even if your starting capital is on the small side?

A combination of rising transaction fees and a buoyant bitcoin price has given miners some relief.

Your day-ahead look for Jan. 22, 2025

Bullish options pricing and renewed ETF inflows have analysts calling new highs for the largest cryptocurrency.

At its recent price of about $106,000, Bitcoin (CRYPTO: BTC) is obviously a long way from $200,000. Bitcoin, while no longer a speculative asset, is still one that many investors, especially those in major financial institutions, consider risky. This is one reason Bitcoin's price is correlated with the movement of stocks.

Mining fundamentals are strong with the cost to mine around $27,000 per bitcoin for larger participants, the report said.