The crypto prices witnessed volatility as Bitcoin (BTC) price remained inert and sustained over $52,000. On the contrary, Ethereum extended gains and surged past the $2,800 level for the first time in two years. Meanwhile, other top altcoins, such as XRP and Cardano (ADA) registered significant gains as well.
The Bitcoin price maintained the $52,000 level, which is a milestone attained after two years. The Bitcoin price was down by 0.04%, reaching $52,261.91 at the time of writing on Friday, Feburary 16. On the other hand, it’s trading volume dipped by 17.09% to $35.80 billion in the last 24 hours. Meanwhile, the crypto boasted a market cap of $1.02 trillion.
Turning to altcoins, the Ethereum price gained 1.74% to $2,844.20 at press time with market valuation of $341.79 billion. Whilst, ETH saw its trading volume drop by 6.36%, reaching $22.29 billion. Whilst, the Binance Coin (BNB) price surged by 5.96% in value, reaching $361.37. Furthermore, its 24-hour trade volume spiked by 60.69% to $1.71 billion.
The Solana price traded fairly above the $110 mark despite the pullback. The Solana price was down by 2.85%, settling $113.41. In addition, SOL witnessed a 8.89% plunge in trade volume to $2.34 billion in the last 24 hours. On the contrary, the XRP price surpassed the $0.57 level. The XRP price recorded a gain of 4.36%, settling at $0.577. Additionally, XRP’s trading volume jumped by 26.45% to $1.83 billion.
Meanwhile, the Cardano price witnessed a hike of 4.81% to $0.6095 today. Moreover, it recorded a 24.19% surge in its 24-hour trading volume, settling at $776.44 million. As the top cryptocurrencies registered mixed price actions, the meme coin space was also affected. The Dogecoin price declined by 0.50% to $0.08644 while its competitor, Shiba Inu, registered a 1.09% gain in value and traded at $0.000009961.
Also Read: Solana’s BONK Jumps 32% on Revolut and Robinhood Listing Rumors
The Pepe Coin (PEPE) crypto, one of the trending meme crypto Currencies, recorded a dip today. At press time, the Pepe Coin price was down by 3.77% to $0.000001236 with a market valuation of $520.67 million. In addition, its 24-hour trade volume plummeted by 38.01% to $140.44 million.
The VeChain (VET) crypto registered massive surge and emerged as the top crypto gainer today. The VeChain price soared by 31.09% to $0.04949 at the time of reporting. In addition, its trade volume skyrocketed by a whopping 529.36% to $841.09 million. Moreover, VeChain continued attaining new highs amid the rally today.
Also Read: Shiba Inu Coin Forecast: SHIB Blasts Past $0.0000099; Will Bulls Reach $0.0001?
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