Highlights
The crypto market on Saturday again garnered investor attention across the globe, with coins mainly illustrating rising price trajectories. Bitcoin (BTC) price traded near the $98K level on February 15, whereas Ethereum (ETH), Solana (SOL), and XRP prices pumped 1%-10%. Notably, even the meme coin market has mirrored a bullish action, with the particular sector’s market cap soaring 6.5% to $75.66 billion.
Here’s a brief report on some of the most trending coins for the day and how they are delivering across the market.
Despite macroeconomic heat, the global cryptocurrency market cap jumped 1.8% intraday, reaching $3.26 trillion. Further, even the global market volume saw a 5% increase to $107.9 billion. In turn, traders and investors remain optimistic amid a renewed bullish movement in the market.
BTC price witnessed an uptick of slightly over 1% in the past 24 hours, reaching $97,839. The coin’s intraday bottom and peak were $96,342.81 and $98,819.47, respectively. Notably, BTC recorded $38.57 million worth of liquidations in the past 24 hours, with $25.45 million in short.
Simultaneously, ETH price also increased by 1% intraday and is currently at $2,725. The crypto’s 24-hour low and high were $2,680.03 and $2,790.02, respectively. Ethereum recorded slightly over $27 million worth of liquidations over the past day, with $14.53 million in short.
XRP price skyshot nearly 10% in the past 24 hours, now trading at $2.81. The coin’s intraday bottom and peak were $2.54 and $2.83, respectively. Notably, the Ripple Labs-backed asset sees a phenomenal rising trajectory as an XRP ETF seems to be imminent. CoinGape recently reported that the U.S. SEC acknowledged 21Shares XRP ETF filing right after Grayscale’s.
SOL price witnessed an uptick of nearly 2% as of press time, reaching $198. The coin’s 24-hour low and peak were $195.04 and $205.13, respectively. Solana currently trades in sync with the broader cryptocurrency market’s rising movement.
Simultaneously, meme coins have stolen the spotlight on Saturday with remarkable price gains. Dogecoin (DOGE) price saw a pump of over 7% intraday, reaching $0.2808. Further, even Shiba Inu (SHIB) surged over 3% to $0.00001695. Pepe Coin (PEPE) witnessed gains worth nearly 5% and exchanged hands at $0.00001032.
Moreover, the recent hot buzz of the dog-themed meme coin community, CZ’s dog-named token BROCCOLI’s price surged 347% to $0.06676 amid rising crypto whale accumulations.
Price: $7.66
24-Hour Gains: +36%
Notably, OM price also hit a new ATH intraday at $7.89. The token soars in tandem with a 55% surge in its futures OI, reaching $647.11 million, per Coinglass data.
Price: $21.98
24-Hour Gains: +34%
The TRUMP meme coin also pumps alongside a 38% increase in its futures OI to $700.44 million, underscoring heightened market interest in the asset amid broader trends.
Price: $0.7085
24-Hour Gains: +15%
WIF price also surged against the backdrop of a 17% increase in its futures OI to $243.04 million.
Price: $2.50
24-Hour Loss: -10%
Price: $5.30
24-Hour Loss: -6%
Price: $0.02195
24-Hour Loss: -5%
In conclusion, despite macroeconomic events such as Trump’s new tariffs and U.S. CPI & PPI data putting pressure on the crypto market, today’s bullish trajectory solidifies optimism over future movements.
Meanwhile, another event unfolded within the market, sparking concerns among investors globally. Argentinan President’s Libra meme coin saw its inception, thereafter losing phenomenal market value and presenting traders with losses. Thus, the token is speculated to be a rug pull project amid unclear tokenomics.
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