Crypto News

Crypto Prices Today: Bitcoin Drops To $50K, PEPE Rebounds As Uniswap Soars 70%

The crypto prices today witnessed a bearish turn as Bitcoin extended lower than $51,000 while Ethereum, Solana, and Cardano dipped notably.
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Crypto Prices Today: Bitcoin Drops To $50K, PEPE Rebounds As Uniswap Soars 70%

Highlights

  • Bitcoin declined significantly and lost hold on the $51,000 level.
  • Ethereum failed to attain the $3,000 mark despite several attempts.
  • Solana inched closer to dip below $100.

The top crypto prices today saw a major pullback as the Bitcoin (BTC) price dropped below $51,000. In addition, Ethereum got rejected from the $3,000 level amid the bearish turn. Meanwhile, other top altcoins, such as Solana (SOL) and Cardano (ADA) lost significant value.

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Major Crypto Prices Today

The Bitcoin price extended below the $51,000 level. The Bitcoin price was down by 0.46%, reaching $50,973.81 at the time of writing on Saturday, Feburary 24. On the other hand, it’s trading volume slumped by 18.20% to $20.26 billion in the last 24 hours. Meanwhile, the crypto boasted a market cap of $1 trillion.

In the altcoin space, the Ethereum price remained inert by dipping 0.03% to $2,948.35 at press time with a market valuation of $354.27 billion. Whilst, ETH saw its trading volume drop by 33.22%, reaching $12.06 billion. Meanwhile, the Binance Coin (BNB) price gained 0.09% in value, reaching $379.23. In contrast, its 24-hour trade volume slumped by 0.66% to $1.73 billion.

The Solana price geared up to extend lower than the $100 mark amid the pullback. The Solana price was down by 1.37%, settling $100.81. In addition, SOL witnessed a 18.46% plunge in trade volume to $1.48 billion in the last 24 hours. Whilst, the XRP price fell below the $0.54 level. The XRP price recorded a gain of 0.02%, settling at $0.5392. Moreover, XRP’s trading volume dropped by 4.20% to $1.05 billion.

Meanwhile, the Cardano price  recorded a drop of 1.45% to $0.5796 today. In addition, ADA recorded a 8.06% decline in its 24-hour trading volume, settling at $465.68 million. As the top crypto prices experienced a pullback, the meme coin space saw a mixed response. The Dogecoin price rose by 1.48% to $0.08519 while its rival, Shiba Inu, registered a 0.27% dip in value and traded at $0.000009494.

Also Read: Spot Bitcoin ETFs Steal the Show at Miami’s Finance Conference

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Top Crypto Prices Today Are

Pepe Coin Recovers

Pepe Coin 1-Day Graph, Source: CoinMarketCap

The Pepe Coin (PEPE) crypto, a trending meme cryptocurrency, registered a slight rebound today. At press time, the Pepe Coin price was up by 0.55% to $0.000001193 with a market valuation of $501.94 million. In addition, its 24-hour trade volume spiked by 85.24% to $263.50 million.

Uniswap Skyrockets 70%

The Uniswap (UNI) crypto registered a po phenomenal surge of nearly 70% and emerged as the top crypto gainer today. The Uniswap price soared by 69.20% to $12.19 at the time of reporting. Moreover, its trade volume skyrocketed by a staggering 1898.77% to $2.33 billion. Moreover, the UNI crypto attained a high of $12.45 during the rally today.

Also Read: Massive XRP Transfers Hint at Potential Sell-Off Pressure

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