Crypto Prices Today: Bitcoin Drops, Altcoins Rebound
The top crypto prices today saw a mixed action as Bitcoin (BTC) price dropped slightly while some altcoins rebounded. In addition, Ethereum got rejected from the $3,000 level. Meanwhile, other top altcoins, such as XRP and Solana (SOL) dipped while Cardano rebounded.
Major Crypto Prices Today
Bitcoin Price Dips Below $51,000
The Bitcoin price geared up to below the $51,000 level. The Bitcoin price was down by 0.64%, reaching $51,199.89 at the time of writing on Friday, February 23. On the other hand, its trading volume slumped by 17.85% to $24.77 billion in the last 24 hours. Meanwhile, the crypto boasted a market cap of $1 trillion.
Ethereum Holds Steady Above $2,900
Looking at altcoins, the Ethereum price gained 0.87% to $2,951.02 at press time with a market valuation of $354.56 billion. While ETH saw its trading volume drop by 4.86%, reaching $18.05 billion. Meanwhile, the Binance Coin (BNB) price gained 0.90% in value, reaching $378.94. In contrast, its 24-hour trade volume plummeted by 31.56% to $1.75 billion.
Solana and XRP Experience Dips
The Solana price braced to extend lower than the $100 mark amid the pullback. The Solana price was down by 1.39%, settling at $102.13. In addition, SOL witnessed a 19.10% plunge in trade volume to $1.81 billion in the last 24 hours. While the XRP price fell below the $0.54 level, recording a dip of 0.45% and settling at $0.5394. Moreover, XRPโs trading volume dropped by 21.32% to $1.10 million.
Cardano Rebounds
Meanwhile, the Cardano price saw a gain of 0.71% to $0.5888 today. On the contrary, ADA recorded a 7.88% decline in its 24-hour trading volume, settling at $506.81 million.
Top Crypto Prices Today Are
Pepe Coin Rebounds
The Pepe Coin (PEPE) crypto, a trending meme cryptocurrency, registered a significant decline today. At press time, the Pepe Coin price was up by 5.91% to $0.000001185 with a market valuation of $498.22 million. In addition, its 24-hour trade volume soared by 43.95% to $142.67 million.
Filecoin Rallies 13%
The Filecoin (FIL) crypto registered a massive surge and emerged as one of the top crypto gainers today. The Filecoin price surged by 13.31% to $8.40 at the time of reporting. Moreover, its trade volume spiked by 50.48% to $873.59 million.
Hot Take: Crypto Market Sees Mixed Performance
In summary, todayโs crypto market showed mixed performance with Bitcoin experiencing a slight drop while some altcoins rebounded. Ethereum faced rejection at the $3,000 level, while XRP and Solana dipped. However, Cardano managed to rebound. Additionally, Pepe Coin saw a significant rebound, while Filecoin rallied with a 13% surge.
Gapster Innes emerges as a visionary adeptly blending the roles of crypto analyst, dedicated researcher, and editorial maestro into an intricate tapestry of insight. Amidst the dynamic world of digital currencies, Gapster’s insights resonate like finely tuned harmonies, captivating curious minds from various corners. His talent for unraveling intricate threads of crypto intricacies melds seamlessly with his editorial finesse, transforming complexity into an eloquent symphony of comprehension.