Bitcoin price falls to $61,530.34, Ethereum below $3,400. Altcoins like XRP, Cardano, and Solana gain, while meme coins experience volatility.
Today's cryptocurrency market exhibited a diverse performance, witnessing a decline in Bitcoin (BTC) as it slipped below the $62,000 mark. Conversely, several altcoins experienced significant gains, with Ethereum dropping below $3,400. Notably, other leading altcoins like XRP, Cardano (ADA), and Solana (SOL) saw an increase in their respective values.
Current Status of Major Crypto Prices
Bitcoin recorded a noticeable correction, with a 1.50% decrease, bringing the price to $61,530.34 as of the latest update on Friday, March 1. The trading volume for Bitcoin saw a substantial drop of 33.18%, reaching $60.40 billion in the last 24 hours. Despite this, the cryptocurrency maintained a market cap of $1.20 trillion.
Turning attention to altcoins, Ethereum experienced a 1.93% dip, settling at $3,375.34 at press time, with a market valuation of $405.37 billion. Ethereum's trading volume also declined by 30.07%, reaching $25.80 billion. Meanwhile, Binance Coin (BNB) faced a 1.89% price decline, reaching $406.89. However, its 24-hour trade volume increased by 22.49% to $1.97 billion.
Solana, in contrast, defied the bearish trend by surpassing the $130 mark, registering an impressive 11.15% increase and settling at $136.86. Additionally, SOL witnessed an 11.55% surge in trade volume, reaching $7.03 billion in the last 24 hours. Meanwhile, XRP rebounded, approaching the $0.60 level, with a gain of 0.70%, settling at $0.5951. XRP's trading volume also increased by 0.94% to $3.37 billion.
Cardano experienced a price increase of 2.58%, reaching $0.6732 today. Furthermore, ADA saw a significant 16.11% hike in its 24-hour trading volume, settling at $1.58 billion. Amidst the volatility in top crypto prices, meme coins also faced fluctuations. Dogecoin saw a 4.64% drop to $0.1213, while its rival, Shiba Inu, recorded a 2.45% decline in value, trading at $0.00001283.
Latest Updates on Top Crypto Prices
Pepe Coin Experiences a 15% Decline
Pepe Coin (PEPE), a popular meme crypto, underwent a substantial pullback today. At the time of reporting, the Pepe Coin price tumbled by 14.26% to $0.000002745, with a market valuation of $1.15 billion. Additionally, its 24-hour trade volume plummeted by 65.42% to $713.30 million.
Fetch.ai Surges by 22%
Fetch.ai (FET), an AI token, demonstrated a remarkable surge of over 22%, emerging as the top crypto gainer of the day. The FET price soared by 22.12% to $1.58, with the trade volume experiencing a slight increase of 0.12% to $488.21 million. Moreover, the Fetch.ai crypto reached a high of $1.67 during today's rally.