Highlights
Crypto prices today (February 21) have sparked mixed investor sentiments as tokens have hovered into both red and green territories. Bitcoin (BTC) price crossed the $98K level on Friday, whereas Ethereum (ETH) traded above the $2,700 level. Simultaneously, Solana traded above the $170 mark, indicating leading coins saw growing market support. However, XRP has lost nearly 2% over the past day and is below the $2.7 level.
Notably, the recently launched Story (IP) token skyshot in value, emerging as the day’s top market gainer. Mentioned below are some of the latest market updates and how the leading crypto prices have been delivering in the past 24 hours.
It’s worth noting that the global crypto market cap was up nearly 1% from yesterday, sitting at $3.23 trillion. Further, the total market volume in the past 24 hours rose by nearly 8% to $90.13 billion. In line with this stat, BTC, ETH, and SOL traded in the green as of press time.
BTC price gained over 1% in the past 24 hours, closing in at $98,220. The flagship crypto’s intraday low and high were $96,805.78 and $98,767.19, respectively. Notably, Bitcoin’s market dominance rose by 0.23% to 60.31% today, indicating that the altcoin sector encountered more volatility.
ETH price witnessed a highly turbulent action over the past day and rested at $2,748 as of press time, up 0.2%. The coin’s 24-hour low and high were recorded to be $2,708.22 and $2,770.03, respectively. Notably, Ethereum’s dominance slipped to 10.25% today, per CoinMarketCap data. ETH price faces vital resistance at $2,800, a break above which could propel further gains.
Notably, renowned market analyst ‘Ash Crypto’ further took to X, spotlighting a massive 4,700 ETH accumulation worth $12.93 million. This massive buying also indicated that a rally lies ahead.
However, XRP price dropped over 2% in the past 24 hours and is currently sitting at $2.65. The Ripple-backed asset hit an intraday bottom and peak of $2.64 and $2.74, respectively. Notably, the odds of an XRP ETF have further risen as Grayscale’s filing enters SEC review mode. Given that the approval is secured ahead, the price could leverage considerable bullish support and pump.
SOL price witnessed a slight uptick of 0.5% intraday and is currently trading at $174.55. The coin hit a low and high of $170.99 and $176.59 in the past 24 hours. The broader market trend appears to prevent the coin from gaining further.
Meanwhile, Dogecoin (DOGE) price saw a 1.5% decline in value and exchanged hands at $0.253. Similarly, SHIB price dropped 0.5% to $0.00001552.
However, Pepe Coin (PEPE) jumped over 1% intraday, closing in at $0.000009722. Even FLOKI saw a pump of over 3% to $0.00009888.
Price: $4.78
24-hour Gains: +57%
The new AI project stole the spotlight with its intellectual property (IP)-focused blockchain and associated IP token launch last week, now emerging as a hot trend with phenomenal price gains.
Price: $0.9372
24-hour Gains: 30%
Sonic price rises against the backdrop of strong market technicals and rising investor support, as indicated by a weekly surge of over 75% and rising market cap, now at $2.78 billion.
Price: $1,405
24-hour Gains: +18%
Notably, Maker price soars against the backdrop of massive $156 million MKR burn, CoinGape reported spotlighting recent Whale Alert data on X.
Price: $4.65
24-hour Loss: -4%
Price: $6.37
24-hour Loss: -3%
Price: $20.91
24-hour Loss: +3%
In conclusion, market watchers continue to extensively eye the crypto prices with uncertainty amid mixed trends. Although a strategic Bitcoin reserve bill is looming in the U.S. and numerous altcoin ETF-related filings have been made, whale accumulations & prices are stagnant. Crypto market analyst Ali Martinez further revealed on X that the recent BTC accumulation trend score signaled whales are either distributing or not accumulating. In turn, an uncertain sentiment continues to brew among traders and investors globally.
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