Crypto Prices Today: Market Notes Strong Gains As BTC, Pepe Coin, HNT Rise

The crypto prices today has maintained their strong momentum, as the market participants are shifting their focus towards the digital assets.
By Rupam Roy
Crypto Market Today (Feb 11): BTC & Altcoins Jump Ahead of US CPI & PPI

The crypto prices today sustained their bullish trajectory, witnessing significant gains in major assets. Meanwhile, as investors embrace riskier assets amid recent positive momentum, fueled by the Bitcoin Spot ETF buzz and dovish central bank comments, it propelled cryptocurrencies to record highs.

Notably, Bitcoin and Ethereum lead the charge, reaching peaks not seen in over a year. However, amid this rally, caution prevails as the fear and greed index signals heightened greed in the market. As of writing, the crypto market fear and greed index was at 82, suggesting an “extreme greed” scenario in the market.

Talking about the individual crypto prices, Bitcoin crossed the $43,000 mark on Wednesday, nearing $44,000, suggesting a strong market sentiment. As of writing, the Bitcoin price was up 4.56% over the last 24 hours and traded at $43,680.78, while its trading volume over the last 24 hours stayed near the flatline at $37.60 billion.

Simultaneously, the Ethereum price noted gains of 2.09% from yesterday and traded at $2,274.06, with its trading volume soaring 5.59% to $16.24 billion. In addition, the XRP price added 0.55% to $0.622, while its trading volume fell 22.88% over the last 24 hours to $1.49 billion.

On the other hand, the Solana price added 6.64% to $64.41, and its trading volume rose 2.24% to $2.21 billion. Additionally, the Cardano price has also advanced 4.70% from yesterday to trade at $0.4232, while its trading volume over the last 24 hours rose 1.07% to $532.09 million.

The positive sentiment, witnessed in the broader crypto market, has also fuelled gains in the meme coins segment on December 6. As of writing, the Dogecoin price rose 7.52% to $0.09654, and its trading volume fell 13% to $1.17 billion. On the other hand, the Shiba Inu price rose 4.83% to $0.000009514, and its volume plunged 1.5% to $459.8 million from yesterday.

The recent upswing in crypto prices has triggered a broader market rally, elevating the global crypto market cap by 3.67% to $1.6 trillion. However, despite the positive momentum, investors are advised to exercise caution, considering the extreme greed sentiment in the market. As the crypto market continues to evolve, staying vigilant amid market dynamics is crucial for investors.

Also Read: Avalanche Enters Top-Ten Crypto List With AVAX Price shooting 17%, What’s Next

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The Top 4 Cryptos For Today Are

Pepe (PEPE) Soars 11%

The Pepe coin has been on the rise this week, suggesting a heightened interest from investors this December. Meanwhile, as of writing on Wednesday, the Pepe Coin price surged 11.25% and traded at $0.000001596 during writing, while its trading volume over the last 24 hours fell 1.67% to $482.67 million. Notably, the crypto has added over 46% over the last seven days.

Pepe Coin Chart
Pepe Coin Chart

Helium (HNT) Rallies 70%

Helium was the top mover in the crypto market on December 6. The Helium price noted gains of 70.40% on December 6 and traded at $4.82 during writing, while its trading volume from yesterday skyrocketed 413.18% to $16.93 million. Meanwhile, the recent rally has contributed to a 146% gain in its 30-day price.

Helium (HNT) Crypto Chart
Helium (HNT) Crypto Chart

Celestia (TIA) Adds 27%

The Celestia crypto has gained notable traction over the past few days, as evidenced by the rally in the crypto’s price. On Wednesday, the Celestia crypto added 27.48% and traded at $10.98, while its volume over the last 24 hours rose 22% to $545.58 million. Notably, the TIA price rocketed 376% over the past 30 days.

Celestia (TIA) Chart
Celestia (TIA) Chart

ORDI (ORDI) Surges 20%

The ORDI crypto was another top mover in the digital asset space on December 6, indicating increased market interest. Meanwhile, the ORDI price asserts its prominence with a remarkable 20.6% surge, trading at $60.42. The crypto has witnessed a 1.09% increase in its trading volume, reaching $1.17 billion.

ORDI Crypto Chart
ORDI Crypto Chart

Also Read: Bitcoin Whale Wallets Returning Back to Buying, Bull Market Here to Stay

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Rupam Roy
Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam's expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news. Rupam's career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.
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