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BTC Brushes $86K Low, Altcoins Jump


Crypto costs right this moment (February 26): Traders and buyers stay rattled as Bitcoin (BTC) worth briefly touched the $86K mark intraday, whereas altcoins confirmed a rising motion throughout early Asian hours on Wednesday. ETH neared $2,500 after dropping to the $2,300 zone lately. XRP and Solana (SOL) costs jumped by 1-3%. Meme cash like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe Coin (PEPE) additionally gained 1%-7%, sparking speculations amid the flagship coin’s converse momentum.

Crypto Prices Today Illustrate Mixed Actions, Investors Uncertain

The world crypto market cap misplaced almost 1.6% previously 24 hours, shredding all the way down to $2.94 trillion. Moreover, Coinglass data confirmed that market liquidations over the previous 24 hours totaled over $1 billion. Particularly with Bitcoin recording over $500 million in liquidations, the flagship coin’s waning worth motion stays rationalized.

BTC Price Touches $86K Low

As of press time, BTC price tanked over 3% and rested at $88,867. The flagship coin’s 24-hour backside and peak have been $86,008.23 and $92,299.84, respectively.

As talked about above, the waning worth motion aligns with $588.25 million value of liquidations previously 24 hours, per Coinglass knowledge. Moreover, Bitcoin’s market dominance additionally took a success, slipping by 1.41% to 60.02%. This signaled that altcoins witnessed appreciable worth positive aspects intraday.

ETH Price Nears $2,500

ETH worth traded at $2,489 on the time of reporting, up marginally by 0.13% intraday. The coin hit a backside and peak of $2,326.63 and $2,529.67 over the previous day. Ethereum recorded comparatively fewer liquidations than BTC, totaling roughly $178 million intraday.

XRP Price Jumps 2%

XRP worth witnessed positive aspects value 2% over the previous day, closing in at $2.31. The Ripple-backed asset hit a low and peak of $2.08 and $2.36, previously 24 hours. Liquidations for the crypto totaled almost $38 million previously 24 hours, per Coinglass statistics.

SOL Price Soars 5%

SOL worth witnessed a outstanding 5% pump as of press time, exchanging fingers at $143.56. The crypto hit a 24-hour high and low of $132.49 and $146.74, respectively. Solana recorded liquidations value $48.25 million previously 24 hours.

Meme Crypto Prices In The Green

Simultaneously, Dogecoin (DOGE) worth pumped over 1% to succeed in $0.2118. Shiba Inu (SHIB) worth gained over 4%, closing in at $0.00001432. Pepe Coin (PEPE) worth surged over 6.5%, securing $0.000008358. Nevertheless, the Official TRUMP token remained within the purple amid the lack of market confidence in PolitiFi tokens.

Top Gainer Crypto Prices Today

Maker (MKR)

Price: $1,680.5
24-Hour Gains: +21%

Celestia (TIA)

Price: $3.72
24-Hour Gains: +16%

Story (IP)

Price: $5.5
24-Hour Gains: +16%

Top Loser Crypto Prices Today

Raydium (RAY)

Price: $2.53
24-Hour Loss: -15%

Bitget Token (BGB)

Price: $4.40
24-Hour Loss: -7%

TRON (TRX)

Price: $0.2304
24-Hour Loss: -5%

For context, crypto costs have lately confronted immense volatility, primarily on account of macroeconomic warmth and liquidity points. CoinGape reported that the cryptocurrency market lost $323 billion in fairly a short interval amid bearish occasions urging buyers to panic promote. Nevertheless, market watchers stay cautious as though altcoins present indicators of a possible recovery-trend cooking, BTC nonetheless awaits a pump.

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Coingape Staff

CoinGape contains an skilled group 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 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 on your private monetary loss.





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