Crypto Prices Today: Bitcoin (BTC) and ETH Maintain Stability Following US Jobs Data

Crypto prices today reflect stability in Bitcoin and Ethereum, with Grayscale uplifting market sentiment and BSV leading the top gainers.
By Coingape Staff
Crypto Prices Today Feb 8: BTC Hits $95K Low, Altcoins Show Mixed Actions

Highlights

  • Bitcoin price today rebounds past $94K, while XRP gains over 2%.
  • Grayscale considers 39 cryptocurrencies for future investment products.
  • Bitcoin SV (BSV) leads the top gainer list with a 15% rise.
  • Meme coins follow Bitcoin’s price movement, with Dogecoin and Shiba Inu seeing gains.

Crypto prices today remained steady, with Bitcoin (BTC) trading near $94K and Ethereum (ETH) holding firm after the release of U.S. jobs data. The global crypto market cap saw a slight increase of 1%, reaching $3.29 trillion, despite a 7% drop in trading volume to $144 billion. Grayscale, a leading crypto asset management firm, boosted market sentiment by revealing plans to consider 39 cryptocurrencies, including popular altcoins like Dogecoin (DOGE), BNB, Hedera (HBAR), Kaspa (KAS), and Aptos (APT).

Among major altcoins, Bitcoin SV (BSV) emerged as the top gainer, recording a 15% rise in the last 24 hours, highlighting strong performance in an otherwise stable market.

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Crypto Prices Today: BTC Crosses $94K, XRP Gains Over 2%

Crypto prices today showed stability as Bitcoin (BTC) rebounded past $94K after making a low of $92K. Ripple’s XRP recorded a notable gain of over 2%, contributing to the overall market’s positive momentum. Meme coins also followed the BTC trend. Dogecoin (DOGE) and Shiba Inu (SHIB) both gained over 2% in the last 24 hours, reflecting renewed interest in the altcoin market.

Bitcoin Price Today

Bitcoin price today was trading at $94,203, up by 1% at the time of writing. The 24-hour low and high for BTC stood at $92,235 and $95,755, respectively.

As per Farside Investors data, Bitcoin ETFs recorded an outflow of $149 million. The major outflow was because BlackRock sold $183 million in ETF. Fidelity led the purchases with an investment of $16.6 million, while Grayscale added $13.5 million to its BTC ETF holdings.

Ethereum Price Today

Ethereum price today was trading at $3,234. The 24-hour low and high for ETH stood at $3,196 and $3,321, respectively.

ETH ETFs saw an outflow of $68 million, with Fidelity offloading $65 million. Fidelity has been consistently selling ETH ETFs for the last three days. Meanwhile, BlackRock’s data on ETH ETFs is still awaited, keeping investors watchful.

XRP Price Today

XRP price today was trading at $2.33, recording a 2.7% gain over the last 24 hours. The 24-hour low and high for XRP stood at $2.256 and $2.364, respectively.

According to a report by Coingape, data insights from Santiment revealed that the number of HODLers for XRP and other cryptocurrencies has grown during the early days of this new year.

Solana Price Today

Solana price was down by 1.5% in the last 24 hours, trading at $186. The 24-hour low and high for SOL stood at $183 and $192, respectively.

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Top Cryptocurrency Gainer Prices Today

As per crypto prices today, here are the top 5 crypto gainers over the last 24 hours:

Bitcoin SV (BSV)

Price: $59.56
24-hour gain: +15%

IOTA (IOTA)

Price: $0.335
24-hour gain: +10%

Fantom (FTM)

Price: $0.699
24-hour gain: +8%

Algorand (ALGO)

Price: $0.364
24-hour gain: +6.5%

Bitget Token (BGB)

Price: $6.82
24-hour gain: +6%

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Top Cryptocurrency Loser Prices Today

As per crypto prices today, here are the top 5 crypto losers over the last 24 hours:

ai16z (AI16Z)

Price: $1.33
24-hour loss: -13%

Virtual Protocols (VIRTUAL)

Price: $0.98
24-hour loss: -8%

SPX6900 (SPX6900)

Price: $1.10
24-hour loss: -6.87%

Hyperliquid (HYPE)

Price: $20.14
24-hour loss: -6%

Ethena (ENA)

Price: $0.8851
24-hour loss: -5.15%

Meme Crypto Prices Today

As per crypto prices today, meme coins have mirrored Bitcoin’s price movement. The top meme coin, Dogecoin (DOGE), rose by 2.3% and is currently trading at $0.3324. Shiba Inu (SHIB) also saw a 1% increase, trading at $0.0000215. Grayscale has recently considered DOGE, HBAR, and other cryptocurrencies for future investment products which shows bullish behaviour in the these altcoins.

Other notable meme coins, including PEPE, PENGU, and WIF, experienced declines of 1 to 2% in the last 24 hours.

Additionally, the hourly chart shows a slight bearish trend, with BTC down by 0.2% in the last hour. Major altcoins followed suit, showing bearish behavior. However, Bitcoin SV (BSV) stood out, gaining 1% in the past hour.

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Coingape Staff
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