Highlights
Crypto prices today (February 19): Bitcoin (BTC) and leading altcoins prices have moved up after a severe waning action recently, garnering investor curiosity across the broader landscape. BTC price traded at $95k after touching a $93K low intraday, whilst Ethereum (ETH) and Solana (SOL) prices gained nearly 2% during the same period. However, XRP faced a sideways trading session in the past 24 hours.
Here’s a brief report on some of the most buzzworthy coins for the day and the latest market updates on February 19:
According to a recent CoinGape report, trade war speculations continue to rise as Donald Trump eyes new import tariffs. As a result, global markets took a hit, with risk assets like crypto facing severe heat amid investor uncertainty surrounding the sector’s outlook ahead.
Further, the U.S. Fed’s hawkish stance on monetary policies, signaling no rate cuts any time soon, has added to market concerns. Reportedly, traders anticipate only one Fed rate cut this year, further bringing heat to cryptocurrency prices in recent days. Meanwhile, $348.88 million was liquidated in the crypto market over the past 24 hours, per Coinglass data.
However, as of press time, BTC price traded at $95,659, up by 1% over the past day. The flagship coin swooped to a $93K low in the past 24 hours, thereby gaining notably. The dipping trajectory aligns with $100.46 million worth of liquidations in the Bitcoin market, per Coinglass data. However, the coin’s dominance remained up by 0.47% from yesterday to 60.30%, signaling altcoins faced market blues.
ETH price saw a slight gain of 1.5% over the past day, reaching $2,721. The coin’s 24-hour low and high were $2,606.90 and $2,730.28, respectively. Ethereum recorded $50.84 million worth of liquidations over the past 24 hours. Nevertheless, the crypto’s market dominance remained at 10.3%.
However, Ripple Labs-backed XRP price slipped by 0.4% intraday and is currently sitting at $2.56. The coin’s 24-hour low and high were $2.47 and $2.66, respectively. XRP’s fall aligns with $11.51 million worth of liquidations in the Ripple market intraday. However, it’s also worth mentioning that the U.S. SEC acknowledged Bitwise’s XRP ETF recently, glimmering hope for future prospects.
SOL price saw an uptick of 2% from yesterday to reach $170, aligning with the broader market’s recent trend. Its bottom and peak in the last 24 hours were $161.31 and $177.94, respectively. Solana recorded a notable $36.77 million liquidated over the past day.
Simultaneously, DOGE price was up over 1% today, trading at $0.2536. The meme coin saw $9.08 million liquidated over the past day.
Similarly, SHIB price jumped by over 1% intraday and stood at $0.00001540. Also, PEPE and TRUMP prices saw an incline of 1%-4%, closing in at $0.000009438 and $17.218, respectively.
Some tokens have led the broader market recovery-like trend and hovered into the green zone on February 19.
Price: $1,186.27
24-Hour Gains: +12%
Notably, MKR defies the broader market sentiment, seeing heightened investor interest, as flagged by a 33.72% spike in its futures OI to $93.07 million today.
Price: $6.44
24-Hour Gains: +8%
Similarly, BERA’s futures OI jumped over 2% to reach $146.53 million despite the recent investor uncertainty surrounding risk assets.
Price: $133.09
24-Hour Gains: +7%
LTC saw a nearly 13% spike in its futures OI to $851.41 million, underscoring rising market interest amid soaring bets of a Litecoin ETF launch shortly ahead.
Price: $0.9898
24-Hour Loss: -14%
Price: $0.4196
24-Hour Loss: -11%
Price: $4.20
24-Hour Loss: -10%
Market watchers eagerly await a bounce back to previous levels as leading coins’ prices show potential for further gains. Meanwhile, BTC price gained by 0.10% within the hourly time frame, whereas ETH also pumped by 0.75% within the same duration, indicating that further gains may be expected as the day longs.
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