While PYTH Leads the Rise, Bitcoin, Ethereum, solana and pepe Coin Rise
Major crypto prices were in the green today as Bitcoin (BTC) climbed back above $43,000, while major altcoins also posted a notable rally. Additionally, Ethereum (ETH), the second largest cryptocurrency by market value, reached the $2,300 level today but had difficulty maintaining it. Additionally, the XRP price rose above the $0.50 level during the session.
Today’s Major Crypto Prices
Bitcoin price regained its increasing momentum due to the recovery. Bitcoin price increased by 2.66% to $43,012.93 as of Friday, February 2, when this article was written. On the other hand, transaction volume decreased by 22.62% to 19.77 billion dollars in the last 24 hours. Meanwhile, the market value of the cryptocurrency was $843.44 billion.
Turning to altcoins, the Ethereum price is up 1.62% to $2,299.22 at the time of writing, with a market cap of $276.32 billion. However, ETH recorded a 27.03% decline in trading volume, reaching $8.05 billion. While the Binance Coin (BNB) price gained 1.12 percent and reached $302.19, the 24-hour trading volume decreased by 14.32 percent to $719.57 million.
Additionally, Solana price increased by 5.43% to $99.07. However, SOL experienced a 33.76% decrease in trading volume in the last 24 hours, falling to $2.58 billion. Additionally, the XRP price has recovered significantly. XRP price increased by 1.73% and reached $0.5064. Meanwhile, XRP’s trading volume decreased by 32.65% to $906.28 million.
Meanwhile, Cardano price increased by 3.22% to $0.5068. On the contrary, it recorded a 27.49% decrease in 24-hour trading volume and settled at $343.71 million. In the meme coin space, dogecoin price increased by 1.38% to $0.07983, while its biggest rival Shiba Inu recorded a 1.46% increase in value and traded at $0.000009036.
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Today’s Best Crypto Prices
Pepe Coin Rebounds
Pepe Coin 1 Day Chart, Source: CoinMarketCap
Trending meme coin Pepe Coin (PEPE) has made a recovery. At the time of writing, Pepe Coin price increased by 1.15% to $0.0000009261 and its market value was $389.16 million. On the other hand, 24-hour trading volume decreased by 47.59% to $52.01 million.
pyth network Gathered 22%
Pyth Network 1 Daily Chart, Source: CoinMarketCap
Solana Ecosystem’s Pyth Network (PYTH) witnessed a notable rise today and has emerged as the top crypto gainer today. PYTH price rose 22.82% to $0.4879 at the time of reporting. Additionally, the trading volume increased by a large 41.85% to 130.46 million dollars. Additionally, Pyth Network recorded a high of $0.4968 amid today’s rally.
FTX Token Increased by 21%
ftx token 1 Daily Chart, Source: CoinMarketCap
Embattled crypto firm FTX’s FTX Token (FTT) jumped 21% on Friday. FTT price rose 21.74% to $2.02 at the time of reporting. However, trade volume decreased by 39.01% to $95.22 million. Meanwhile, FTT reached a peak of $2.30 during the day.
Also Read: Elizabeth Warren Renews Fight Against Illegal Use of Crypto
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