Significant Recovery in Cryptocurrency Prices as Bitcoin Surpasses $52,000
Release: 2024/02/19 14:34 Reading: 468
You can also read this news on COINTURK NEWS: Significant Recovery in Cryptocurrency Prices as Bitcoin Surpasses $52,000
Today, cryptocurrency markets recorded a significant recovery as the price of Bitcoin (BTC) surpassed $52,000. Ethereum approached a major milestone of $2,900 for the first time in two years. Other altcoins such as XRP, Solana (SOL), and Cardano (ADA) also experienced notable increases. Worldcoin set an all-time record.
Bitcoin, Ethereum, BNB, Solana, and XRP Prices
Bitcoin price has rebounded and exceeded $52,000. At the time of writing, BTC has increased by 1.07% reaching $52,118.02. On the other hand, its trading volume has decreased by 15.03% in the last 24 hours, falling to $18.22 billion. Meanwhile, the market capitalization of the flagship cryptocurrency has reached $1.02 trillion.
Looking at altcoins, Ethereum has risen by 3.58% to $2,892.43, with a market capitalization of $347.57 billion at the time of writing. ETH’s trading volume has increased by 32.57%, reaching $24.41 billion. Meanwhile, Binance Coin (BNB) price remained stagnant, gaining 0.03% and staying at $352.54. BNB’s 24-hour trading volume decreased by 2.53%, falling to $1.04 billion.
Solana’s price fell below the $110 mark during the pullback. Solana is currently trading at $109.79, having decreased by 3.12%. SOL’s trading volume has seen a 12.56% increase in the last 24 hours, reaching $1.55 billion. Additionally, XRP price has surpassed $0.56. XRP price has recorded a gain of 1.44%, trading at $0.5606. However, XRP’s trading volume has fallen by 23.57% to $703.37 million.
How Are Cardano and PEPE Performing?
Cardano’s price defied the recovery trend and fell by 0.50% today to $0.6224. In contrast, its 24-hour trading volume has increased by 1.66%, reaching $610.73 million. While the top cryptocurrencies recorded a recovery today, the meme coin space also reflected this uptrend. Dogecoin price increased by 2.50% to $0.08581, while its rival Shiba Inu gained 1.02% in value, trading at $0.000009797.
The trending meme coin Pepe Coin (PEPE) experienced a slight recovery today. At the time of writing, Pepe Coin price has increased by 0.85% to $0.000001215, with a market capitalization of $511.13 million. Conversely, its 24-hour trading volume has decreased by 8.65%, falling to $81.43 million.
Worldcoin Breaks All-Time High Record
The altcoin Worldcoin (WLD) recorded a significant increase and emerged as the highest-gaining cryptocurrency of the day. WLD reached a high of $6.87 during today’s rally, setting an all-time record.
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In particular, we have seen significant excitement in the field of artificial intelligence over the past three days. This has reflected in price increases for AI-related cryptocurrencies, including Worldcoin. Significant increases are seen in cryptocurrencies like GRT, NFP, AI, and XAI.
The post first appeared on COINTURK NEWS: Significant Recovery in Cryptocurrency Prices as Bitcoin Surpasses $52,000
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