Release: 2024/02/14 13:14 Reading: 681
The crypto prices registered saw a bearish turn Bitcoin (BTC) was in the red but traded fairly above the $49,000 mark after a high of hitting $50,358. Whilst, Ethereum maintained the $2,600 level despite the pullback. Meanwhile, other top altcoins, such as XRP, Solana (SOL), and Cardano (ADA) recorded significant losses as well.
The Bitcoin price sustained over $49,000 today. The Bitcoin price was down by 1.09%, reaching $49,432.19 at the time of writing on Wednesday, Feburary 14. On the other hand, it’s trading volume dipped by 0.88% to $33.90 billion in the last 24 hours. Meanwhile, the crypto boasted a market cap of $970.05 billion
Turning to altcoins, the Ethereum price dropped 0.82% to $2,626.69 at press time with market valuation of $315.72 billion. Whilst, ETH saw its trading volume increase by 15.76%, reaching $16.55 billion. Furthermore, the Binance Coin (BNB) price slipped by 0.23% in value, reaching $325.78. Whilst, its 24-hour trade volume plunged by 14.43% to $852.78 million.
The Solana price sustained over the $110 mark today. The Solana price was down by 2%, settling $111.70. Furthermore, SOL witnessed a 18.04% drop in trade volume to $2.30 billion in the last 24 hours. Moreover, the XRP price slumped below the $0.53 level. The XRP price recorded a decline of 1.15%, settling at $0.5247. In addition, XRP’s trading volume fell by 1.63% to $997.57 million.
Meanwhile, the Cardano price witnessed an drop of 1.06% to $0.5473 today. Moreover, it recorded a 16.23% dip in its 24-hour trading volume, settling at $426.20 million. As the top crypto prices saw a bearish shift, the meme coin arena bore the brunt as well. The Dogecoin price slumped by 1.32% to $0.08107 while its competitor, Shiba Inu, registered a 1.23% drop in value and traded at $0.000009462.
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The Pepe Coin (PEPE), a trending meme cryprocurrency, declined significantly today. At press time, the Pepe Coin price was down by 1.73% to $0.000001077 with a market valuation of $452.96 million. In contrast, its 24-hour trade volume declined by 2.84% to $106.26 million.
The Solana Ecosystem’s Pyth Network (PYTH) witnessed a notable uptick today and emerged as the top crypto gainer today. The PYTH price soared by 14.55% to $0.6701 at the time of reporting. In addition, its trade volume surged by a massive 58.73% to $218.16 million. Moreover, Pyth Network recorded a high of $0.6751 amid the rally today.
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