The crypto prices registered saw a bearish turn Bitcoin (BTC) was in the red but traded fairly above the $49,000 mark after a high of hitting $50,358. Whilst, Ethereum maintained the $2,600 level despite the pullback. Meanwhile, other top altcoins, such as XRP, Solana (SOL), and Cardano (ADA) recorded significant losses as well.
The Bitcoin price sustained over $49,000 today. The Bitcoin price was down by 1.09%, reaching $49,432.19 at the time of writing on Wednesday, Feburary 14. On the other hand, it’s trading volume dipped by 0.88% to $33.90 billion in the last 24 hours. Meanwhile, the crypto boasted a market cap of $970.05 billion
Turning to altcoins, the Ethereum price dropped 0.82% to $2,626.69 at press time with market valuation of $315.72 billion. Whilst, ETH saw its trading volume increase by 15.76%, reaching $16.55 billion. Furthermore, the Binance Coin (BNB) price slipped by 0.23% in value, reaching $325.78. Whilst, its 24-hour trade volume plunged by 14.43% to $852.78 million.
The Solana price sustained over the $110 mark today. The Solana price was down by 2%, settling $111.70. Furthermore, SOL witnessed a 18.04% drop in trade volume to $2.30 billion in the last 24 hours. Moreover, the XRP price slumped below the $0.53 level. The XRP price recorded a decline of 1.15%, settling at $0.5247. In addition, XRP’s trading volume fell by 1.63% to $997.57 million.
Meanwhile, the Cardano price witnessed an drop of 1.06% to $0.5473 today. Moreover, it recorded a 16.23% dip in its 24-hour trading volume, settling at $426.20 million. As the top crypto prices saw a bearish shift, the meme coin arena bore the brunt as well. The Dogecoin price slumped by 1.32% to $0.08107 while its competitor, Shiba Inu, registered a 1.23% drop in value and traded at $0.000009462.
Also Read: Bitcoin Set to Soar to $600K by 2026, Says Tuur Demeester
The Pepe Coin (PEPE), a trending meme cryprocurrency, declined significantly today. At press time, the Pepe Coin price was down by 1.73% to $0.000001077 with a market valuation of $452.96 million. In contrast, its 24-hour trade volume declined by 2.84% to $106.26 million.
The Solana Ecosystem’s Pyth Network (PYTH) witnessed a notable uptick today and emerged as the top crypto gainer today. The PYTH price soared by 14.55% to $0.6701 at the time of reporting. In addition, its trade volume surged by a massive 58.73% to $218.16 million. Moreover, Pyth Network recorded a high of $0.6751 amid the rally today.
Also Read: Will ENS Labs Accept Manifold’s $300K Settlement Offer?
A group of major world banks is working on a new stablecoin tied to G7…
U.S. President Donald Trump sparked panic in the crypto market after threatening to massively increase…
Morgan Stanley, which manages $8 trillion in assets under management (AuM), plans to allow all…
Bitget has launched the fourth phase of its Early Hunter Airdrop, featuring BinanceLife (币安人生) and…
Fed Governor Chris Waller has again expressed support for additional Fed rate cuts. However, he…
Bitmine Immersion, the largest Ethereum treasury company, quietly added another 23,823 ETH to its total…
