Highlights
Cryptocurrency prices on Monday, February 10, continued showcasing a fluxing action as the current market sentiment remains uncertain. Bitcoin (BTC) price traded near $97K as the week kicked off, whereas Ethereum (ETH), XRP, and Solana (SOL) mimicked a turbulent action intraday. Further, even the meme coin market saw severe dips, in line with the broader crypto market trend, although Litecoin (LTC) defied it to gain 5%.
Here’s a brief report on some of the most trending coins for the day and how their prices are performing.
In the aftermath of global markets taking a severe hit amid Donald Trump’s tariff saga, BTC & altcoins lost notable amounts over the past week. Further, following a broader market slump, the prices are yet to recover and continue to move sluggishly.
The global crypto market cap witnessed a 1.39% decline over the past day and reached $3.13 trillion as of press time. Besides, the total market volume was up by 30.85% from yesterday to $95.16 billion.
At the time of reporting, BTC price slipped marginally by 0.2% and was sitting at $97,074. The coin’s intraday low and high were $94,745.26 and $97,325.28, respectively. Notably, Bitcoin’s market dominance saw a 0.28% increase from yesterday, reaching 60.87%. This data suggested that altcoins continue to take further heat amid the broader volatile trend.
ETH price witnessed a 2% decline in the past 24 hours and is currently trading at $2,630. The coin’s intraday bottom and peak were $2,530.44 and $2,695.22, respectively. Ethereum plunges alongside other altcoins in tandem with the broader trend.
However, CoinGape reported that long-term prospects for Ethereum remain optimistic amid recent developments. Primarily against the backdrop of historical trends and Hong Kong’s approval of BTC & ETH for immigrant applications, the crypto eyes a bullish run ahead.
Simultaneously, Ripple’s XRP price tanked over 4% in the past 24 hours, reaching $2.39. The coin’s intraday bottom and peak were $2.32 and $2.50, respectively. Despite soaring market optimism amid numerous XRP ETF filings and the XRP DR saga, the asset is yet to see a recovery above $3.
SOL price cracked nearly 2% in the past 24 hours and exchanged hands at $202.70. Its intraday low and high were $194.24 and $207.27, respectively. Solana’s price action follows the broader crypto market trend.
Dogecoin (DOGE) price also tanked over 4% from yesterday, reaching $0.2481. Further, even the dog-themed coin Shiba Inu plunged 4% in the past 24 hours, reaching $0.00001573. PEPE & TRUMP meme coins lost 3%-14% in just a day, trading at $0.000009476 and $15.25, respectively.
Price: $109.21
24-Hour Gains: +5%
Price: $224.04
24-Hour Gains: +3%
Price: $0.7689
24-Hour Gains: +2%
Price: $0.02414
24-Hour Loss: -11%
Price: $1.09
24-Hour Loss: -11%
Price: $4.53
24-Hour Loss: -10%
Despite the current crypto market volatility, market expert Michaël van de Poppe took to X, saying a “strong week for crypto seems to be on the horizon.” This statement has sparked market discussions over a potential recovery ahead of the U.S. CPI & PPI data that will be coming this week.
Also, in another latest development, the CAR meme coin has emerged as the talk of the town. Notably, the Central African Republic token, spotlighted by President Archange Touadéra, currently remains under the gun amid unclear tokenomics.
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