Bitcoin Price Today | Today’s Crypto Prices: Bitcoin, solana, XRP and pepe Fall While Monero Rises
Crypto prices registered a strong downtrend today; While Bitcoin (BTC) fell below $42,000, major altcoins also recorded notable losses. Additionally, Ethereum (ETH), the second largest cryptocurrency by market value, fell below the $ 2,300 level today. It also took a big hit as the XRP price fell below $0.50 during the session.
Today’s Major Crypto Prices
Bitcoin price fell below the $42,000 level today due to the recent bearish trend. Bitcoin price fell 2.22% to $41,978.95 as of Thursday, February 1, when this article was written. On the other hand, transaction volume increased by 11.68% in the last 24 hours to 25.51 billion dollars. Meanwhile, the market value of the cryptocurrency was $823.69 billion
In the altcoin space, the Ethereum price dropped by 3.69% to $2,259.05 at the time of writing, making its market value $271.27 billion. However, ETH recorded a 6.95% increase in trading volume, reaching $11.03 billion. Additionally, the Binance Coin (BNB) price decreased by 2.79% to $298.61, while the 24-hour trading volume increased by 9.46% to $837.64 million.
Additionally, Solana price reached $93.71 with a huge drop of 6.71%. However, SOL experienced an 11.15% increase in trading volume in the last 24 hours, reaching $3.87 billion. Moreover, the XRP price has dropped significantly. XRP price decreased by 2.54% and reached $0.4972. Additionally, XRP’s trading volume decreased by 23.88% to $1.34 billion.
Meanwhile, Cardano price fell by 3.99% to $0.4919. On the contrary, it recorded a 3.30% increase in 24-hour trading volume and settled at 472.02 million dollars. Meanwhile, in the meme coin market, dogecoin price fell by 1.84% to $0.07873, while its biggest rival Shiba Inu fell by 2.41% to $0.000008993.
Also Read: Breaking News: US Fed Leaves Interest Rates Changed; Bitcoin Price Drops Inches
Today’s Best Crypto Prices
Pepe Coin Dropped 7%
Pepe Coin 1 Day Chart, Source: CoinMarketCap
Pepe Coin (PEPE), a meme crypto, has crashed significantly. At the time of writing, Pepe Coin price decreased by 6.87% to $ 0.0000009112 and its market value was $ 412.11 million. In contrast, 24-hour trading volume increased by 29.82% to $98.92 million.
SATS Crowned as the Highest Profitable Company Today
SATS 1 Daily Chart, Source: CoinMarketCap
Crypto SATS (1000SATS), a BRC-20 token, recorded a significant profit on Thursday considering the overall bearish trend. As of writing, the SATS price has increased by 6.46% to $0.000524, making SATS the biggest gainer in the market today. Additionally, trading volume increased by a staggering 98.06% to $92.89 million.
monero Continues to Recover from Recent Losses
Monero 1-Day Chart, Source: CoinMarketCap
The largest privacy crypto, Monero (XMR), has been on a recovery spree after losing significant value last month. XMR price rose 4.60% to $167.70 at the time of reporting. Additionally, trade volume increased by 13.04% to 100.18 million dollars. Additionally, Monero recorded an intraday peak of $167.63.
Also Read: ripple CEO Breaks Silence on Alleged Breach: No Wallets ‘Breached’
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