Crypto costs at the moment (March 1) have reignited a bullish market sentiment amongst merchants and traders globally, illustrating indicators of restoration. Bitcoin (BTC) worth gained practically 8% up to now 24 hours. Whereas, Ethereum (ETH), XRP, and Solana (SOL) costs have been up by 5%-16%, underscoring a significant bounceback from earlier dips. Simultaneously, meme coin costs have been additionally buying and selling within the inexperienced zone, with TRUMP main the broader market features.
Mentioned under are a number of the most trending cash for the day and a quick report on their worth actions.
Crypto Prices Today: BTC & Altcoins Show Signs Of Recovery
The crypto market gained practically 5% up to now 24 hours, closing the week with a market cap of $2.82 trillion. Further, even the overall market quantity witnessed a 12% uptick to $158.76 billion.
BTC worth ends the week close to the $85K degree, sparking some hope regardless of the current market massacre. Simultaneously, ETH managed to regain a break above $2,200.
BTC Price Regains $85K
At the time of reporting, BTC worth gained practically 8% intraday and exchanged fingers at $85,351. The flagship coin hit a backside and a peak of $78,248.92 and $85,608.40 up to now 24 hours. Notably, the rising worth motion comes regardless of rising PCE Price Index for January, per a current CoinGape report. Also, BTC futures OI jumped 2% up to now 24 hours to $51.13 billion, per Coinglass knowledge. The flagship coin seems to be witnessing renewed market curiosity because the week closes.
ETH Price Jumps 6%
ETH worth witnessed an uptick of barely over 6% over the previous day, closing in at $2,264. The coin hit a 24-hour low and peak of $2,076.17 and $2,273.02, respectively. Ethereum rises alongside a 4% surge in its futures OI to $19.90 billion. The newest replace surrounding the crypto stays that the U.S. SEC has delayed its decision on Fidelity‘s spot Ethereum ETF choices.
XRP Price Surges 9%
XRP worth pumped 9% up to now 24 hours, exchanging fingers at $2.19. The coin hit an intraday low and peak of $1.96 and $2.21, respectively. XRP futures OI noticed an 8% enhance to $3.05 billion up to now 24 hours, underscoring rising market curiosity.
SOL Price Soars Over 15%
SOL worth sky-shot by over 15% intraday and exchanged fingers at $146.41. The coin hit an intraday backside and peak of $125.74 and $150.79 over the previous 24 hours. Solana’s worth rose alongside a 15% surge in its futures OI to $4.65 billion, per Coinglass data.
Meme Crypto Prices Today
Simultaneously, the meme coin sector has mirrored an uptrend that’s in sync with the broader market pattern. Dogecoin (DOGE) worth noticed a ten% enhance in worth to $0.2075. Similarly, Shiba Inu (SHIB) worth rose over 5% to $0.00001406. Even Pepe Coin (PEPE) worth sky shot over 6% at the moment, closing in at $0.000007934.
Top Gainer Crypto Prices Today
Official Trump (TRUMP)
Price: $14.02
24-hour Gains: =23%
Celestia (TIA)
Price: $4.17
24-hour Gains: +20%
Hedera (HBAR)
Price: $0.2253
24-hour Gains: +19%
Top Loser Crypto Prices Today
Nexo (NEXO)
Price: $1.12
24-hour Loss: -3%
KuCoin Token (KCS)
Price: $11.49
24-hour Loss: -1%
PAX Gold (PAXG)
Price: $2,859
24-hour Loss: 0.5%
Overall, merchants and traders mirror appreciable optimism in mild of the crypto market’s current recovery-like pattern, anticipating potential features forward.
Coingape Staff
CoinGape contains an skilled crew of native content material writers and editors working around the clock to cowl information globally and current information as a reality relatively than an opinion. CoinGape writers and reporters contributed to this text.
Disclaimer: The introduced content material could embody the non-public 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.
