The crypto prices today marked a bearish turn as Bitcoin (BTC) extended below the $43,000 level while top altcoins were in the ‘red’ as well. In addition, Ethereum (ETH) too couldn’t sustain the $2,300 level today. Whilst, the XRP price maintained the crucial $0.50 level during the session despite the slump.
The Bitcoin price slumped significantly lately. The Bitcoin price dropped by 0.42%, settling at $42,735.17 at the time of writing on Monday, Feburary 5. On the other hand, it’s trading volume soared by 36.79% to $15.39 billion in the last 24 hours. Meanwhile, the crypto displayed a market cap of $828.42 billion
In the altcoin arena, the Ethereum price was down by 0.10% to $2,296.92 at press time with market valuation of $275.89 billion. However, ETH recorded a 35.20% spike in its trade volume, reaching $5.80 billion. On the contrary, the Binance Coin (BNB) price defied the bearish trend and gained 1.43% in value, reaching $303.80. Whilst, its 24-hour trade volume surged by 42.76% to $762.80 million.
The Solana price was down by 0.85%, reaching $96.64. However, SOL witnessed an 10.49% hike in trade volume to $1.42 billion in the last 24 hours. Moreover, the XRP price continued rebounding. The XRP price recorded a dip of 2.03%, reaching $0.5049. Additionally, XRP’s trading volume plummeted by 31.82% to $591.08 million.
Meanwhile, the Cardano price registered a hike of 1.98% to $0.4978 today. In addition, it recorded a 8.63% drop in its 24-hour trading volume, settling at $240.68 million. Turning to meme coins, the Dogecoin price dropped by 0.93% to $0.07818 while its rival, Shiba Inu, registered a 1.48% plunge in value and traded at $0.000008935.
Also Read: Ripple Eyes Fintech Dominance With Its XRP Payment Services
The Pepe Coin (PEPE), a popular meme coin, continued extending losses after losing over 15% this week. At press time, the Pepe Coin price was down by 0.87% to $0.000000895 with a market valuation of $375.81 million. In contrast, its 24-hour trade volume soared by 44.91% to $52.39 million.
The hyped gaming crypto, Ronin (RON) witnessed a massive upswing today and emerged as the top crypto gainer today. The Ronin crypto price soared by 15.09% to $3.47 at the time of reporting. In addition, its trade volume skyrocketed by a whopping 114.32% to $47.53 million.
The Pendle (PENDLE) crypto, a Olympus Pro Ecosystem token, registered a significant profit on Monday. As of writing, the Pendle price was up by 8.98% to $3.13. Moreover, its trade volume spiked by 59.70% to $73.88 million. Furthermore, it has attained a high of $3.17 amid the rally.
Also Read: Cardano’s (ADA) Potential Consolidation Until April Hints At Bull Rally
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