Major Crypto Prices Today: Bitcoin and Ethereum Experience Pullback
The top crypto prices today saw a major pullback as the Bitcoin (BTC) price dropped below $51,000. In addition, Ethereum got rejected from the $3,000 level amid the bearish turn. Meanwhile, other top altcoins, such as Solana (SOL) and Cardano (ADA) lost significant value.
Bitcoin Price and Volume
The Bitcoin price extended below the $51,000 level. The Bitcoin price was down by 0.46%, reaching $50,973.81 at the time of writing on Saturday, Feburary 24. On the other hand, its trading volume slumped by 18.20% to $20.26 billion in the last 24 hours. Meanwhile, the crypto boasted a market cap of $1 trillion.
Ethereum Price and Volume
In the altcoin space, the Ethereum price remained inert by dipping 0.03% to $2,948.35 at press time with a market valuation of $354.27 billion. Whilst, ETH saw its trading volume drop by 33.22%, reaching $12.06 billion.
Binance Coin Price and Volume
The Binance Coin (BNB) price gained 0.09% in value, reaching $379.23. In contrast, its 24-hour trade volume slumped by 0.66% to $1.73 billion.
Solana and XRP Price and Volume
The Solana price geared up to extend lower than the $100 mark amid the pullback. The Solana price was down by 1.37%, settling at $100.81 with a trade volume of $1.48 billion in the last 24 hours. Meanwhile, the XRP price fell below the $0.54 level, recording a gain of 0.02%, settling at $0.5392. Moreover, XRP’s trading volume dropped by 4.20% to $1.05 billion.
Cardano Price and Volume
The Cardano price recorded a drop of 1.45% to $0.5796 today. In addition, ADA recorded an 8.06% decline in its 24-hour trading volume, settling at $465.68 million.
Meme Coin Space
As the top crypto prices experienced a pullback, the meme coin space saw a mixed response:
- The Dogecoin price rose by 1.48% to $0.08519.
- Shiba Inu registered a 0.27% dip in value and traded at $0.000009494.
Top Crypto Gainers Today
Pepe Coin Recovers
The Pepe Coin (PEPE) crypto, a trending meme cryptocurrency, registered a slight rebound today. At press time, the Pepe Coin price was up by 0.55% to $0.000001193 with a market valuation of $501.94 million. In addition, its 24-hour trade volume spiked by 85.24% to $263.50 million.
Uniswap Skyrockets 70%
The Uniswap (UNI) crypto registered a phenomenal surge of nearly 70% and emerged as the top crypto gainer today. The Uniswap price soared by 69.20% to $12.19 at the time of reporting. Moreover, its trade volume skyrocketed by a staggering 1898.77% to $2.33 billion. The UNI crypto attained a high of $12.45 during the rally today.
Hot Take: Crypto Prices Experience Pullback, Gains in Meme Coin Space
Today’s crypto market witnessed a significant pullback, with Bitcoin and Ethereum prices dropping below key levels. However, meme coins like Dogecoin and Shiba Inu showed resilience with minor gains. Here’s what you need to know:
- Bitcoin price dropped below $51,000, down 0.46%.
- Ethereum price remained stable, dipping 0.03% to $2,948.35.
- Binance Coin gained 0.09% in value, reaching $379.23.
- Solana and XRP experienced losses amid the pullback.
- Cardano recorded a decline in both price and trading volume.
In the meme coin space, Pepe Coin saw a slight recovery with a small increase in price and trading volume. Meanwhile, Uniswap emerged as the top gainer today with an astonishing surge of nearly 70%. Its price skyrocketed and trade volume reached new heights.
Overall, the crypto market remains volatile as prices continue to fluctuate. It is essential to stay updated on the latest developments and trends to make informed decisions as a crypto enthusiast or investor.