Crypto Market Today (February 24): A wave of warning engulfed merchants and buyers because the week kicked off, primarily as Bitcoin (BTC) worth waned again to the $95K degree. Moreover, Ethereum (ETH), Solana (SOL), and XRP costs additionally tanked 1%-5%, mimicking the flagship coin. The meme coin market additionally noticed costs getting into the purple zone on Monday.
Below are worth stories and the most recent market updates about among the top cryptocurrencies.
Crypto Market Today: BTC & Altcoins Reflect Volatility
CoinMarketCap’s knowledge confirmed that the worldwide crypto market cap was down over 1%, reaching $3.15 trillion on the time of reporting. This statistic underlined the broader market’s waning motion at the moment.
Also, Coinglass data confirmed that over $191 million was liquidated previously 24 hours. In flip, market watchers witness worth volatility at the moment.
BTC Price Slips To $95K
As of press time, BTC price witnessed a 1% decline in worth, reaching $95,534.42. The coin’s intraday backside and peak have been $95,270.45 and $96,594.97. BTC noticed $25.08 million price of liquidations over the previous day. Nevertheless, the coin’s dominance was up 0.31% to 60.31%.
ETH Price Wanes 2%
ETH worth dropped by 2% previously 24 hours, closing in at $2,710. The coin hit a low and peak of $2,714.12 and $2,850.61, respectively. Ethereum recorded $46.06 million liquidated previously 24 hours. Meanwhile, the crypto’s market dominance stood at 10.4%.
XRP Price Dips
XRP worth additionally fell by almost 2.5% previously 24 hours, exchanging palms at $2.48. The Ripple-backed asset’s intraday backside and peak have been $2.49 and $2.60, respectively. XRP recorded $7.54 million price of liquidations over the previous day. CoinGape reported that Ripple’s XRP encounters key resistance at $2.60 whereas the worth nears a breakout zone.
Solana Pulls Back 5%
SOL worth plunged 5.5% previously 24 hours and is presently buying and selling at $160.78. The coin’s 24-hour high and low have been $160.85 and $173.04, respectively. Solana recorded $15.83 million price of liquidations over the previous day.
Meme Crypto Market Mimics Volatility
Dogecoin (DOGE) worth noticed a 5.5% dip as of press time, buying and selling at $0.2302. Shiba Inu (SHIB) worth dropped 4% to $0.00001491. Also, Pepe Coin (PEPE) plummetted 4.5% to $0.000009024. Meme cash are primarily following the broader market development, waning amid liquidations.
Top Crypto Market Gainers Today
Sonic (S)
Price: $0.9076
24-Hour Gains: +12%
Cronos (CRO)
Price: $0.08952
24-Hour Gains: +5%
Monero (XMR)
Price: $236.29
24-Hour Gains: +1.5%
Top Crypto Market Losers Today
Raydium (RAY)
Price: $3.24
24-Hour Loss: -24%
Hyperliquid (HYPE)
Price: $22.38
24-Hour Loss: -8%
Story (IP)
Price: $4.03
24-Hour Loss: -8%
Despite at the moment’s risky development, analyst ‘Titan of Crypto’ has taken to X, projecting optimism over the market’s future prospects. “Altcoins Comeback will be legendary,” the analyst states, citing bullish market cap chart formations.
Coingape Staff
CoinGape includes an skilled workforce of native content material writers and editors working around the clock to cowl information globally and current information as a reality reasonably 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 duty in your private monetary loss.
