Quick cryptocurrency price analysis for February 16: The global market capitalization rose to $1.97 trillion.

Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, stayed above $52,000 early Friday as the global market capitalization approached $2 trillion. Other major coins, like as Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC), performed well across the board. The VeChain (VET) coin saw the greatest gain of the bunch, with a 24-hour increase of more than 23%. Stacks (STX), the highest gainer yesterday, has become the worst loser, with a 24-hour drop of more than 6%.

At the time of writing, the worldwide cryptocurrency market capitalization was $1.97 trillion, up 0.74 percent in 24 hours.

Bitcoin (BTC) Price Today
According to CoinMarketCap, the bitcoin price was $52,339.28, a 0.11 percent increase over the previous 24 hours.

Ethereum (ETH) Price Today
At the time of writing, the price of ETH was $2,847.10, a 1.75 percent increase over the previous 24 hours.

Dogecoin (DOGE) Price Today
According to CoinMarketCap data, DOGE has down 0.44 percent in the last 24 hours and is now trading at $0.0866.

Litecoin (LTC) Price Today
Litecoin increased by 0.12% over the course of 24 hours. At the time of writing, it was trading at $70.48.

Ripple (XRP) Price Today
The XRP price was $0.5759 after a 3.92 percent increase in the previous 24 hours.

Solana (SOL) Price Today
Solana prices fell 2.38 percent in 24 hours to $113.82.

A short look at the cryptocurrency price on September 4: On Monday morning, the global crypto market cap stood at $1.04 trillion.

On early Monday morning, Bitcoin (BTC) and Ethereum (ETH), two of the most valuable crypto coins, managed to hold above the $25,000 and $16,000 thresholds, respectively. Other popular altcoins, including as Litecoin (LTC) and Ripple (XRP), also performed well, with overall values rising little. SafePal (SFP) was the largest gainer, gaining more than 5.56 percent in a 24-hour period. Flare (FLR), on the other hand, was the greatest loser.

At the time of writing, the worldwide crypto market valuation was $1.04 trillion, up 0.23 percent in 24 hours.

Bitcoin Price Today
According to CoinMarketCap, the price of bitcoin was $25,874.85 after a 0.44 percent gain in the previous 24 hours. According to the Indian exchange WazirX, the price of Bitcoin was Rs 22 lakhs.

Ethereum Price Today
At the time of writing, the price of ETH was $1,635.80, representing a 0.24 percent 24-hour rise. According to WazirX, the current price of Ethereum in India is Rs 1.43 lakhs.

Dogecoin Price Today
According to CoinMarketCap data, DOGE has lost 0.22 percent in the last 24 hours and is currently trading at $0.06362. According to WazirX, the Dogecoin price in India is Rs 5.6599.

Litecoin Price Today
Litecoin gained 64.71 percent in 24 hours. It was trading at $2.01 at the time of writing. In India, the price of LTC was Rs 5,765.00.

Ripple Price Today
The price of XRP was $0.5017, up 0.86 percent in 24 hours. According to WazirX, the current price of Ripple is Rs 44.1101.

Solana Price Today
Solana price was $19.56, down 0.19 percent in 24 hours. According to WazirX, the SOL price in India was Rs 1,768.81.

On Wednesday, the value of Bitcoin, Ethereum, and other cryptocurrencies rose. With a volume of $45 billion over the previous 24 hours, the total market value of all cryptocurrencies was $1.12 trillion.

Bitcoin

Bitcoin, the biggest and most used virtual currency in the world, increased by 4.8 percent to $26.988. It was valued at $523.9 billion on the market. The value of the trade was $22.6 billion.
Currently, there is a lot of resistance for bitcoin near the $27,400 mark, with $26,400 acting as support.

Ethereum

Ethererum which is the second-largest virtual currency, increased by 3.5 percent to $1,876.5 and has a market value of $225.8 billion. In the previous day, $8.9 billion worth of Ethereum was traded.

Dogecoin

A virtual currency based on memes, increased 4.3 percent on Wednesday. It was valued at $9.7 billion on the market. There were $425.1 million worth of transactions.

Solana

Solana increased 2.3 percent to $20.2 and now has a $8 billion market cap. $441.6 million worth of Solana’s shares were traded in the previous day.

Shiba Inu

Shiba Inu market capitalization increased by 0.5 percent to $4.8 billion. In the previous 24 hours, there were $101.8 million in transactions.

Polygon

With a market capitalization of $7.6 billion, Polygon declined 2.3 percent to $0.8 in contrast to its competitors. In the past 24 hours, there were $463.4 million worth of transactions.

The price of bitcoin and other digital coins increased on Friday during the early Asian market hours. The global banking crisis and the US Fed’s rate-hike trajectory at its upcoming FOMC meeting, planned for next week, will be closely watched by traders.

After increasing by about 6% over the previous day, Bitcoin was back above $25,000. However, during the specified time, it fell just short of the $26,000 threshold. Ethereum, its biggest rival, increased by about 4% to reclaim the $1,700 mark. The blue-chip tokens fared better than altcoins, though.

In the last 24 hours, the bitcoin market has transacted a total of $80.24 billion, a 19.52% decline. DeFi’s trading volume currently sits at $7.25 billion, or 9.03 percent, of the entire crypto market’s 24-hour trading volume.

The positive development is that the market value has managed to surpass $1 trillion. But right now, it’s critical to avoid a possible bull pitfall. Bitcoin currently controls 44.42 percent of the market value for all cryptocurrencies.

All other widely used crypto tokens were up on Friday, with the exception of stablecoins pegged to the US currency. BNB increased by 6%, while Polkadot increased by 5%. In the early exchange, Dogecoin, Polygon, Litecoin, and Ethereum were each up 4%.

After falling more than 4% in the previous day, the market capitalization of all cryptocurrencies was trading significantly higher at $1.11 trillion. However, the overall selling volume fell by close to 18%, or about $66.55 billion.

“The major negative from last week was the unnecessary closure of Signature Bank, which was reportedly caused by connections with the cryptocurrency sector rather than problems with solvency. Access to US financial systems is becoming more challenging for cryptocurrency players over the past two weeks, according to the three most well-known crypto-friendly banks in the US.