Highlights
The top crypto prices today registered a mixed action as the Bitcoin (BTC) price extended lower than $62,000 while several altcoins gained significantly. In addition, Ethereum fell below $3,400. Meanwhile, other top altcoins, such as XRP, Cardano (ADA), and Solana (SOL) gained in value.
The Bitcoin price recorded a notable correction. The Bitcoin price was down by 1.50%, reaching $61,530.34 at the time of writing on Friday, March 1. On the other hand, it’s trading volume plunged by 33.18% to $60.40 billion in the last 24 hours. Meanwhile, the crypto boasted a market cap of $1.20 trillion.
Turning to altcoins, the Ethereum price dipped 1.93% to $3,375.34 at press time with a market valuation of $405.37 billion. Whilst, ETH saw its trading volume plummet by 30.07%, reaching $25.80 billion. Meanwhile, the Binance Coin (BNB) price declined 1.89%, reaching $406.89. In addition, its 24-hour trade volume rose by 22.49% to $1.97 billion.
The Solana price defied the bearish trend and extended above the $130 mark. The Solana price was up by a huge 11.15%, settling $136.86. In addition, SOL witnessed a 11.55% surge in trade volume to $7.03 billion in the last 24 hours. Whilst, the XRP price rebounded and neared the $0.60 level. The XRP price recorded a gain of 0.70%, settling at $0.5951. Moreover, XRP’s trading volume was up by 0.94% to $3.37 billion.
Meanwhile, the Cardano price recorded an increase of 2.58% to $0.6732 today. Furthermore, ADA recorded a massive 16.11% hike in its 24-hour trading volume, settling at $1.58 billion. As the top crypto prices experienced volatility, the meme coin arena was also affected. The Dogecoin price dropped by 4.64% to $0.1213 while its rival, Shiba Inu, registered a 2.45% decline in value and traded at $0.00001283.
Also Read: Spot Bitcoin ETF: BlackRock To Launch IBIT In Brazil
The Pepe Coin (PEPE) crypto, a popular meme crypto, registered a massive pullback today. At press time, the Pepe Coin price tumbled by 14.26% to $0.000002745 with a market valuation of $1.15 billion. In addition, its 24-hour trade volume plummeted by 65.42% to $713.30 million.
Fetch.ai (FET), an AI token, registered a po phenomenal surge of over 22% and emerged as the top crypto gainer today. The FET price soared by 22.12% to $1.58 at the time of reporting. Moreover, its trade volume was up by 0.12% to $488.21 million. Furthermore, the Fetch.ai crypto attained a high of $1.67 amid the rally today.
Also Read: Shiba Inu Coin Price Prediction: Why SHIB Could Peak At $0.0001 In March?
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