February 29, 2024

Bitcoin At 48K, XRP & Pepe Coin Decline As IMX Rallies

The crypto prices today saw a bearish session as Bitcoin (BTC) was in the red but sustained over the $48,000 mark. Whilst, Ethereum dropped below the $2,500 level and registered a significant downturn. Meanwhile, other top altcoins, such as XRP, Solana (SOL), and Cardano (ADA) witnessed significant losses due to the bearish turn.

Major Crypto Prices Today

The Bitcoin price sustained over $48,000 today. The Bitcoin price was down by 0.55%, reaching $48,128.66 at the time of writing on Monday, Feburary 12. On the other hand, it’s trading volume soared by 8.46% to $19.53 billion in the last 24 hours. Meanwhile, the crypto boasted a market cap of $944.54 billion

Looking at altcoins, the Ethereum price dipped 1.09% to $2,498.56 at press time with market valuation of $1.86 billion. Whilst, ETH recorded a 24.37% increase in its trade volume, reaching $7.10 billion. Furthermore, the Binance Coin (BNB) price dropped by 1.30% in value, reaching $31.9.95 Whilst, its 24-hour trade volume declined by 1.69% to $720.04 million.

The Solana price sustained over the $100 mark today. The Solana price was down by 3.46%, reaching $105.83 Furthermore, SOL witnessed a 5.19% dump in trade volume to $1.53 billion in the last 24 hours. Moreover, the XRP price recorded a dip of 0.88%, settling at $0.5226. On the contrary, XRP’s trading volume surged by 24.48% to $752.68 million.

Meanwhile, the Cardano price witnessed a slump of 4.44% to $0.5381 today. Moreover, it recorded a 8.28% decline in its 24-hour trading volume, settling at $437.28 million. In the meme coin arena, the Dogecoin price dropped 2.01% to $0.08044 while its rival, Shiba Inu, registered a 1.43% plunge in value and traded at $0.000009327.

Also Read: XRP To Integrate With Key Ally Flare Networks, Here’s How

Top Crypto Prices Today Are

Pepe Coin Trades In The Red

Pepe Coin 1-day Graph, Source: CoinMarketCap

The Pepe Coin (PEPE), a hyped meme crypto, dropped significantly today. At press time, the Pepe Coin price was down by 1.96% to $0.000001005 with a market valuation of $422.75 million. In contrast, its 24-hour trade volume increased by 9.41% to $66.19 million.

Immutable: The Top Gainer Today

Immutable 1-day Graph, Source: CoinMarketCap

The Immutable crypto surged over 8% on Monday. The Immutable price soared by 8.25% to $2.95 at the time of reporting with a market valuation of $3.99 billion. However, its trade volume slipped by a massive 23.48% to $198.18 million.

Flare Rallies 6%

The Flair (FLR) crypto, a part of the DWF Labs portfolio, witnessed a notable upswing today. The Flare price increased by 6.48% to $0.03237 at the time of reporting. In addition, its trade volume skyrocketed by a staggering 302.20% to $49.14 million. Furthermore, Flare recorded a high of $0.0349 during the bullish run.

Also Read: Top Analyst Predicts Bitcoin (BTC) Price to Hit $112K in 2024

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