Crypto costs at the moment (February 27): Bitcoin (BTC) value swooped to a $82K low intraday, primarily persevering with to face macro warmth. Simultaneously, Ethereum (ETH), Solana (SOL), and XRP costs additionally mimicked a downtrend, dropping 3%-7%. Primarily, major-league cryptocurrencies replicate a bearish motion as U.S. President Donald Trump rattled world markets with new tariffs for the EU (European Union).
Crypto Prices Today: Here’s Why BTC & Major-League Altcoins Dipped
According to a latest CoinGape report, Donald Trump is about on imposing a 25% import tariff on the EU, additional fueling world commerce conflict fires. Following the brand new import tariffs on Canada and Mexico (set to start subsequent week), this macro growth has additional urged a cautious investor sentiment throughout world markets.
In flip, the cryptocurrency sector at the moment witnessed BTC, ETH, XRP, and SOL lose alarming values. Even the crypto market misplaced 5% since yesterday, as indicated by the market cap reaching $2.79 trillion. Further, even the full market quantity dipped by 19% to $153.54 billion. Liquidations previously 24 hours totaled over $700 million, per Coinglass data, rationalizing the broader market waning motion.
BTC Price Touches $82K Low
As of press time, BTC price pulled back almost 4% and closed in at $85,230. Besides, the flagship coin bottomed on the $82K degree previously 24 hours. Notably, Bitcoin’s falling motion mirrors $460.86 million liquidations recorded over the previous day, per Coinglass knowledge. Nevertheless, BTC’s market dominance was up 0.34% to 60.38%, signaling altcoins confronted extra volatility.
ETH Price Loses 7%
ETH value witnessed a downfall of almost 7% previously 24 hours, exchanging palms at $2,319. The second-largest crypto by market cap hit a low and peak of $2,255.05 and $2,503.42 previously 24 hours. Notably, this waning motion aligns with Ethereum recording over $126 million value of liquidations over the previous day. Further, ETH’s market dominance slipped by 10% at the moment.
XRP Price Pulls Back
XRP value plunged over 5% previously 24 hours and is at the moment sitting at $2.18. The coin hit a backside and peak of $2.15 and $2.32 intraday. Ripple’s coin noticed liquidations value $12.51 million previously 24 hours. Further, the coin faces stress amid whale promoting, as CoinGape reported Ripple whales offloaded 370 million cash not too long ago.
SOL Price Dips 4%
SOL value misplaced 4% previously 24 hours and is at the moment buying and selling at $137. The coin’s intraday high and low had been $130.69 and $144.39, respectively. Solana recorded liquidations value $27.75 million previously 24 hours.
Meme Crypto Prices Today
Dogecoin (DOGE) value fell by almost 2.5% previously 24 hours, closing in at $0.2045. Meanwhile, Shiba Inu (SHIB) and Pepe Coin (PEPE) continued buying and selling close to the day gone by’s ranges, at $0.00001436 and $0.000008373, respectively. However, TRUMP coin gained by 1.5%, reaching $13.25.
Top Gainer Crypto Prices Today
However, it’s value declaring that some cash have defied the broader market volatility:
Kaito (KAITO)
Price: $2.44
24-Hour Gains: +40%
Story (IP)
Price: $6.63
24-Hour Gains: +20%
Optimism (OP)
Price: $1.20
24-Hour Gains: +11%
Top Loser Crypto Prices Today
Bitget Token (BGB)
Price: $3.94
24-Hour Loss: -10%
Kaspa (KAS)
Price: $0.08588
24-Hour Loss: -7%
Ronin (RON)
Price: $0.982
24-Hour Loss: -6%
Traders and traders watchers proceed to remain apprehensive over the market’s future efficiency, primarily as a result of U.S. tariffs saga. Global markets are dealing with the warmth as commerce tensions rise amid new macro developments. In flip, even the crypto market sees heightened whale promoting for the time being, additional accompanied by liquidity setbacks which are presenting costs with volatility.
Coingape Staff
CoinGape includes an skilled crew of native content material writers and editors working around the clock to cowl information globally and current information as a reality somewhat than an opinion. CoinGape writers and reporters contributed to this text.
Disclaimer: The offered content material might embody the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any accountability in your private monetary loss.
