Crypto Prices Today: Bitcoin Crosses $47K, Ethereum at $2.5K, PEPE Recovers As Bonk Leads Rally
STORY HIGHLIGHTS
Bitcoin extended beyond the $47,000 level.
Ethereum held steady over the $2,500 mark.
XRP extended rebound frenzy and surged past $0.52.
The crypto prices today suggest that the top digital currencies registered gains as Bitcoin (BTC) surpassed the $47,000 mark. Whilst, Ethereum surged past the $2,500 level and registered a significant upswing. Meanwhile, other top altcoins also registered significant gains further extending the rebound spree for XRP, Solana, Cardano and others.
Major Crypto Prices Today
The Bitcoin price gained significantly and sustained over $47,000. The Bitcoin price was up by 3.21%, reaching $47,409.13 at the time of writing on Saturday, Feburary 10. On the other hand, it’s trading volume soared by 35.45% to $36.43 billion in the last 24 hours. Meanwhile, the crypto held a market cap of $930.43 billion.
The crypto prices today suggest that the top digital currencies registered gains as Bitcoin (BTC) surpassed the $47,000 mark. Whilst, Ethereum surged past the $2,500 level and registered a significant upswing. Meanwhile, other top altcoins also registered significant gains further extending the rebound spree for XRP, Solana, Cardano and others.
Major Crypto Prices Today
The Bitcoin price gained significantly and sustained over $47,000. The Bitcoin price was up by 3.21%, reaching $47,409.13 at the time of writing on Saturday, Feburary 10. On the other hand, it’s trading volume soared by 35.45% to $36.43 billion in the last 24 hours. Meanwhile, the crypto held a market cap of $930.43 billion.
In the altcoin space, the Ethereum price gained 2.55% to $2,510.03 at press time with market valuation of $301.56 billion. Moreover, ETH recorded a 24.37% increase in its trade volume, reaching $12.80 billion. Furthermore, the Binance Coin (BNB) price increased by 1.30% in value, reaching $325.10. Whilst, its 24-hour trade volume dipped by 4.91% to $1.03 billion.
The Solana price neared the $110 mark today. The Solana price was up by 5.66%, reaching $109.96. Furthermore, SOL witnessed a 23.18% hike in trade volume to $2.88 billion in the last 24 hours. Moreover, the XRP price extended the rebound spree and attained the $0.52 mark. The XRP price recorded an increase of 1.46%, settling at $0.526. In addition, XRP’s trading volume rose by 16.63% to $987.09 million.
Meanwhile, the Cardano price witnessed a gain of 1.43% to $0.5388 today. However, it recorded a 26.17% decline in its 24-hour trading volume, settling at $501.88 million. Turning to meme coins, the Dogecoin price gained 1.70% to $0.08171 while its rival, Shiba Inu, registered a 1.35% increase in value and traded at $0.000009439.
Also Read: Dogecoin Foundation Announces Ambitious 2024 Roadmap
Top Crypto Prices Today Are
Pepe Coin Gains 6%
The Pepe Coin (PEPE), a trending meme cryptocurrency, continued rebounding and gained over 6% today. At press time, the Pepe Coin price was up by 6.14% to $0.000001034 with a market valuation of $434.54 million. Furthermore, its 24-hour trade volume soared by 22.90% to $98.17 million.
Bonk Makes A Grand Comeback
Bonk 1-day Graph, Source: CoinMarketCap
Dogecoin and Shiba Inu’s competitor, Bonk had been experiencing a pullback lately, however, tabels have turned now. The Bonk price soared by 24.30% to 0.00001304 at the time of reporting with a market valuation of $827.02 million. Moreover, its trade volume skyrocketed by a whopping 394.51% to $278.13 million.
Sui Surges 13%
The much-hyped Sui (SUI) crypto witnessed a major uptick today. The SUI price increased by 13.04% to $1.77 at the time of reporting. In addition, its trade volume spiked by a staggering 123.96% to $641.45 million. Moreover, Sui recorded a high of $1.81 during the bullish run.
Also Read: Experts Forecast Ethereum Price Surge to $19,190 by
Week in review: Analyzing the Bitcoin, Ethereum price surge
The price of Bitcoin and Ethereum have increased in the last seven days, impacting the general market cap.
BTC and Ethereum lead the 7-day increase metric.
BTC and ETH have contributed to the increase in the general market cap.
Over the last seven days, both Bitcoin [BTC] and Ethereum [ETH] witnessed price increases, consequently impacting their respective market caps. Furthermore, the growth observed in these two assets has contributed favorably to the overall market cap as well.
Bitcoin and Ethereum lead market increase
According to CoinMarketCap data, Bitcoin and Ethereum have exhibited substantial value growth among the top assets in the past seven days. At the time of this writing, BTC has increased by about 7%, while ETH has increased by over 6%.
A more detailed analysis showed that during the last week, the market cap of BTC witnessed a rise of over $60 billion. The market cap moved from around $845 billion on 3rd February to about $908 billion on 9th February.
Similarly, examining the ETH market cap showed a notable uptrend in the past seven days. Between 3rd February and 9th February, the market cap increased from about $276 billion to around $295 billion, reflecting a rise of around $19 billion.
Bitcoin and Ethereum’s market cap boost general market cap
At the time of this writing, Bitcoin and Ethereum held market dominance figures of about 52% and 17%, respectively. This implied that any fluctuations in their market caps would substantially impact the overall market.
Based on the analysis of market caps on CoinMarketCap, BTC and ETH saw an increase of around $79 billion in the past seven days. This showed that the combined contributions of BTC and ETH accounted for a $79 billion addition to the overall market cap.
At the time of this writing, the general market cap has risen by about 1.7%, reaching around $1.7 trillion.
How BTC and ETH have trended
At the time of this writing, Bitcoin traded at about $46,200 on the daily timeframe chart. A chart review showed that it has experienced a growth of over 2%, marking the fifth consecutive day of increase.
Additionally, the Relative Strength Index (RSI) suggests that it is nearing the overbought zone at the time of this writing.
Furthermore, an examination of Ethereum on the daily timeframe showed it was trading with an increase. At the time of this writing, it was trading at around $2,454, showcasing a rise of about 1.45%.
