With a $44 billion volume over the previous 24 hours, the market capitalization of all cryptocurrencies was $1.24 trillion.

Bitcoin
Ahead of US inflation data, the biggest and most well-known virtual currency, Bitcoin, increased by 6.3 percent to $30,084.9, breaking the $30k barrier for the first time since June 2022. It had a market worth of $583.4 billion. The value of the trade was $20.8 billion.

BTC has risen by 6%, and a new resistance level is currently at $30,500. The next support level for BTC would be at $29,200 if it is unable to overcome this barrier. BTC has increased by 80% so far this year after starting 2023 at $16,600.

Based on price changes over the previous 7 days, the BTC moving averages also point to a strong purchase mood. Some analysts have projected that with banks failing, the high interest rates, which may be contributing to the current favourable feeling towards Bitcoin, may need to be evaluated in February.

Ethereum
Ethererum, also known as Ether, which is the second-largest virtual currency, increased 3.7 percent to $1,924.3 and has a $231.8 billion market capitalization. In the previous day, $8.8 billion worth of Ethereum was traded.

Dogecoin
The virtual currency Dogecoin, which is based on memes, increased by 2.4 percent to $0.1. It was valued at $11.8 billion on the market. There were $491.1 million worth of transactions.

Solana
With a $8.2 billion market capitalization, Solana Solana increased by 5% to $21.3. In the previous 24 hours, Solana saw $245.5 million in trading.

Shiba Inu
Shiba Inu gained 2.4 percent and now has a $6.7 billion market worth. In the previous 24 hours, there were $152.3 million in transactions.

Polygon
The market capitalization of Polygon, which increased 2.8 percent to $1.1, is $10.4 billion. In the previous 24 hours, there were $236.4 million in trades.

Following Jerome Powell’s hawkish comments regarding rate increases during the early trading hours on Thursday in Asia, bitcoin experienced a sharp decline. The biggest cryptocurrency coin did, however, gain some ground at the lower levels.

Silvergate, a cryptocurrency-friendly bank, will cease activities. In other developments, India, which is in charge of hosting the G-20 summit this year, has included cryptocurrency assets in its laws against money laundering. On March 7, the Indian government published a notice in this regard.

In the midst of the negative news flow and market turbulence, Bitcoin fell below the $22,000 level, falling about 2%. Its biggest rival Ethereum also experienced a decline, dropping more than 1% and remaining below the $1,600 mark. However, altcoins were suffering greatly.

Except for XRP, Shiba Inu, and stablecoins linked to the US dollar, all other well-known and well-known crypto tokens were trading with significant losses on Thursday. Solana lost 7% of its value, while Polygon lost 6%. Avalanche lost 5%, while Polkadot, Cardano, and Litecoin each saw a 3% decline. On the other hand, XRP increased by 3%.

Ethereum is trading at around $2,000, and Bitcoin is battling to maintain a price above $30,000. Due to ongoing regulatory restrictions and worries about the spread of the COVID-19 Delta variant, the general market mood is still cautious.

The market capitalization of all cryptocurrencies fell below $1 and was trading downward at $998.6 billion. In the previous 24 hours, the cryptocurrency market cap fell 2%. The overall trading volume did, however, rise by more than 2%, approaching $45.01 billion.

When compared to the entire cryptocurrency market, Ripple (XRP) is demonstrating strength; it is trading above the 20-day EMA (Exponential Moving Average) and is up for the day. With steady volume, the triangle pattern consolidation on the XRP price chart has been broken, and an upward trend is anticipated to continue.

The next level of resistance for the XRP cryptocurrency is predicted to be at $0.43, and the next level of support is predicted to be at or near $0.36. Developers use the XRP Ledger to build efficient solutions, such as payments and asset tokenization.

If past is any indication, investors should take note of the warning contained in Bitcoin’s two-month rally.

According to data gathered by Bloomberg, the February increase in the biggest digital token has diminished to just 2% and is nothing compared to the 39% increase in January.

Since the pandemic low in 2020, there have been five occasions where Bitcoin rose over two consecutive months with a smaller gain in the second stanza. In four of those instances, it fell back in the third month, recording an average loss of 5.8%. The coin was only subject to an exception from February 2021 to August 2021, when it was experiencing a strong bull run.

The possibility of higher interest rates for a longer period of time to tame inflation caused Bitcoin to finish in the red on Sunday for the third consecutive week. The industry is also being squeezed by a regulatory crackdown in the US following the failure of the FTX exchange.

According to Noelle Acheson, editor of the “Crypto Is Macro Now” newsletter, the market’s recent correction is not unexpected given the dollar’s strength and bets on increasing borrowing costs.

As of 7:43 a.m. on Monday in London, the price of one bitcoin decreased by about 0.6% to about $23,430. Ether, in second place, dropped 0.4% to $1,636.

The Solana blockchain’s native cryptocurrency, SOL, underperformed with a decline of as much as 2.5%. Over the weekend, Solana experienced an hours-long slowdown. This was the most recent in a string of outages, technological difficulties, and processing issues that have dogged the network since its launch in 2020.

With the total worldwide market cap and volume falling by 1.42 percent to $1.10 trillion and 8.85 percent to $56.29 billion, respectively, on Friday, the value of the top tokens showed a loss.

The top coins on Friday saw negative trading. In the previous day, the price of Bitcoin decreased by 2% to trade at $23,984. The price of Ethereum fell 1.13 percent as of the time this piece was being written (0930 IST), and it is now trading at $1,651.20.

Other popular coins, such as Solana and XRP, saw their prices fall as the market fell, each by 2% and 1.35 percent, to $23.84 and $0.3901, respectively. With a 1.26 percent drop in Litecoin and a 3.37 percent slide in Polkadot, respectively, this decline persisted. Like yesterday, Toncoin is up 0.26 percent, and in the past day, Cosmos has increased by 0.42 percent. Avalanche’s worth, however, decreased by 4.33 percent.

On February 24, the market capitalization of all cryptocurrencies fell by 1.42 percent to $1.10 trillion in the previous day. Similar to this, the overall volume of the crypto market was $56.29 billion, down 8.85% from the previous day.

Gainers and decliners of the day

The biggest gainers, according to CoinMarketCap, were Gate Token, Stacks, Bone ShibaSwap, and Optimism. On the other hand, Neo, Tezos, Ankr, and Fantom were the biggest losses.

Meme coins notice decrease

Meme coin worth decreased on Friday. To $0.000013, Shiba Inu fell by 2.41 percent. Dogecoin’s worth decreased further as a result of the price decline, falling 1.71 percent to $0.084456. Additionally, Dogelon Mars fell 0.41 percent to $4.49e-7. In addition, Baby Floki, yesterday’s leading gainer, fell by 5% to trade at $1.45e-9.

Metaverse tokens in the red

The red area continued to contain the bulk of the top metaverse tokens. The Sandbox’s price dropped by 1.96 percent, which was followed by losses of 0.89 percent and 2.28 percent in Axie Infinity and Decentraland from yesterday.

Quick analysis of the cryptocurrency market on February 23: On Thursday morning, the market capitalization of all cryptocurrencies was $1.11 trillion.

After the US Federal Reserve published the minutes from the Federal Open Market Committee (FOMC) meeting in January, which revealed that some committee members wanted to see a higher interest rate hike to control inflation while others thought it was best to wait first before making a decision.

Bitcoin (BTC), the oldest and most valuable cryptocurrency, dropped down to nearly $23,600. BTC, however, was able to turn around quickly enough, surmounting $24,000 in the early hours of Thursday.

Other well-known altcoins, such as Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), and Ripple (XRP), all managed to post modest increases. With a gain of 15% over the course of a day, the Stacks (STX) token was found to be the largest winner of the group.

At the moment of writing, the market capitalization of all cryptocurrencies was $1.11 trillion, up 1.40 percent over the previous day.

Bitcoin price today
According to CoinMarketCap, the price of one bitcoin was $24,511.23, up 1.34 percent over the previous day. The price of Bitcoin was Rs 20.99 lakhs, according to Indian platform WazirX.

Ethereum price today
At the moment of writing, the price of ETH was $1,668.40, up 1.20 percent over the previous day. According to WazirX, the price of ethereum in India was Rs. 1.43 crores.

Dogecoin price today
Currently trading at $0.08592, DOGE saw a 24-hour increase of 1.25 percent, according to statistics from CoinMarketCap. WazirX reports that the Bitcoin price in India was Rs 7.49.

Litecoin price today
Bitcoin gained 0.81 percent over the course of a day. Its price at the moment of writing was $95.67. The price of LTC was Rupees 8,174.46 in India.

Ripple price today
The price of XRP was $0.3955, up 1.59 percent over the previous day. The price of ripple was Rs 33.80, according to WazirX.

Solana price today
The price of solana was $24.54, up 0.44 percent over the previous day. WazirX reported that the cost of SOL in India was Rs 2,095.

Quick analysis of the cryptocurrency pricing on February 22: After many days of rises, the market capitalization of all cryptocurrencies fell to $1.10 trillion.

After breaking beyond the $1,700 barrier on Tuesday for the first time since September 2022, Ethereum (ETH) fell back to the $1,600 level early on Wednesday morning. On the other side, Bitcoin (BTC) was able to hold steady around $24,000. Several well-known altcoins, including as Dogecoin (DOGE), Ripple (XRP), Litecoin (LTC), and Solana (SOL), all experienced slight losses. With a 24-hour increase of more than 44%, the ANKR token turned out to be the greatest gainer of the group.
At the time of writing, the market capitalization of all cryptocurrencies was $1.10 trillion, down 2.97 percent over the previous day.

Bitcoin price today
According to CoinMarketCap, the price of one bitcoin was $24,186.86, a 2.99 percent decrease over the previous day. The price of Bitcoin was Rs 20.90 lakhs, according to Indian exchange WazirX.

Ethereum price today
At the time of writing, the price of ETH was $1,648.93, a loss of 3.28 percent over the previous 24 hours. According to WazirX, the price of ethereum in India was Rs. 1.42 lakhs.

Dogecoin price today
According to data from CoinMarketCap, DOGE, which is presently trading at $0.0849, saw a 24-hour loss of 3.58 percent. WazirX reports that the Dogecoin price in India was Rs 7.38.

Litecoin price today
Litecoin lost 1.39 percent throughout the course of a day. The price at the time of writing was $94.91. In India, LTC was priced at Rs 8,166.

Ripple price today
The price of XRP was $0.3893, down 1.51% over the previous 24 hours. The price of ripple was Rs 33.40, according to WazirX.

Solana price today
The price of solana was $24.43, down 6.50 percent over the previous day. SOL was priced at Rs 2,083.57 in India, according to WazirX.

Quick analysis of the cryptocurrency pricing on February 21: For the first time this year, the total value of the cryptocurrency market surpassed $1.13 trillion.

For the first time since September 2022, Ethereum (ETH), perhaps the second-most popular cryptocurrency behind Bitcoin (BTC), managed to surpass $1,700. BTC held steady in the $24,000 level early on Tuesday. Several well-known cryptocurrencies, including as Dogecoin (DOGE), Solana (SOL), Litecoin (LTC), and Ripple (XRP), all saw marginal rises. The Conflux (CFX) token, with a 24-hour increase of more than 54%, ended up being the highest gainer of the group.

Bitcoin price today
According to CoinMarketCap, the price of one bitcoin was $24,930.52, up 2.01 percent over the previous day. The price of Bitcoin was Rs 20.80 lakhs, according to Indian exchange WazirX.

Ethereum price today
At the time of writing, the price of ETH was $1,701.96, up 0.99 percent over the previous day. According to WazirX, the price of ethereum in India was Rs. 1.44 lakhs.

Dogecoin price today
Now trading at $0.08804, DOGE saw a 24-hour increase of 0.59 percent, according to statistics from CoinMarketCap. Dogecoin’s price in India was Rs 7.50, according to WazirX.

Litecoin price today
Litecoin lost 1.69 percent over the course of a day. It was currently trading at $96.17 at the time of writing. In India, LTC was priced at Rs 8,200.

Ripple price today
The price of XRP was $0.395, up 1.70 percent over the previous day. WazirX reported that the price of ripple was Rs 33.05.

Solana price today
The price of solana was $26.09, up 0.18 percent over the previous day. WazirX said that the SOL price in India was Rs 2,116.

The two most well-known cryptocurrency coins in the world, Bitcoin (BTC) and Ethereum (ETH), each managed to hold over the $24,000 and $1,600 thresholds during the weekend. Solana (SOL) gained more over 10% during the past day, while other well-known cryptocurrencies like Dogecoin (DOGE), Litecoin (LTC), and Ripple (XRP) had slight losses. Speaking of winners, Stacks (STX) was the largest winner of the group with a 24-hour increase of nearly 87 percent.

Bitcoin price today
According to CoinMarketCap, the price of one bitcoin was $24,346.95, a drop of 1.38 percent over the previous 24 hours. The price of Bitcoin was Rs 20.47 lakhs, according to Indian exchange WazirX.

Ethereum price today
At the time of writing, the price of ETH was $1,683.06; this is a 24-hour loss of 0.71 percent. According to WazirX, the price of ethereum in India was Rs. 1.42 lakhs.

Dogecoin price today
According to data from CoinMarketCap, the 24-hour price of DOGE, which is presently trading at $0.0873, fell by 1.56 percent. Dogecoin’s price in India as of WazirX was Rs 7.40.

Litecoin price today
Litecoin lost 2.29 percent over the course of a day. The price at the time of writing was $97.70. In India, LTC was priced at Rs 8,250.

Ripple price today
The price of XRP dropped 0.99 percent during the course of a day to $0.3881. The price of ripple was Rs 32.40, according to WazirX.

Solana price today
The price of solana was $25.77, up 10.32% over the previous day. SOL cost Rs 2,052.23 in India, according to WazirX.

The cryptocurrency market lost some of its gains on Friday as the biggest economy in the world’s inflation data alarmed speculators after a sharp rise the day before. The markets will probably be influenced by the US Federal Reserve’s monetary policies and the difficulties facing the cryptocurrency business.

On Thursday, Bitcoin briefly touched $25,000, its highest level in the previous six months, before falling below $24,000. According to Edul Patel, co-founder and CEO of Mudrex, this fall follows the publication of unexpectedly higher US Producer Price Index (PPI) data, implying that the US Feb failed to contain pricing hikes.

“Despite this loss, BTC has increased 73% since its low point in the previous month. Similar to Bitcoin, Ethereum has risen above $1,700 before tumbling back to $1,600. Following the release of the PPI statistics, investors are getting more anxious about inflation and monetary policies “said he.

In the previous 24 hours, the largest cryptocurrency token, Bitcoin, has fallen more than 3%, breaking below the $24,000 level. Even though the token’s price dropped 2%, its largest peer, Ethereum, was able to maintain a price over $1,650. That was painful for many alternative currencies.

All other top crypto tokens were trading in the red, with the exception of Polygon and stablecoins tied to the US dollar. In contrast to Dogecoin and BNB, which all increased by 4%, Solana, Tron, Avalanche, and Shiba Inu all experienced a 5% decline. The single rising altcoin, Polygoin, increased by more than 4%.

The market capitalization of all cryptocurrencies fell substantially in the recent day, falling as much as 3% to $1.09 trillion. Nonetheless, the overall trade volume increased by more than 13%, approaching $81.11 billion.

Crypto updates

One analyst claims that the unrest in the dollar-pegged cryptocurrency markets caused by the unstable future of the troubled stablecoin Binance USD might quickly lead to a drastic reorganisation of the sector’s major winners and losers.

According to research conducted by Binance Research, only a small portion of ether investors who staked their coins in Ethereum’s Beacon Chain over the course of the past three years are profitable, while the majority are losing money.

Some projects are delaying the launch of their tokens because of a lack of liquidity in the cryptocurrency market, despite rising prices for bitcoin and ether. This situation is known as the “Alameda gap.”

On Thursday, cryptocurrency prices soared. The global crypto market cap was $1.1 trillion, with $71.2 billion in volume in the previous 24 hours.

Bitcoin
Bitcoin, the world’s largest and most popular virtual currency, increased nearly 12% to $24,698. Its market capitalization was $476.5 billion. The total value of trade was $35.4 billion.
“The rise (in bitcoin) is due to investors liquidating their positions and driving up prices. BTC has risen 61% from its low point one month ago, reaching a two-week high and increasing by more than 11% in the last 24 hours.

Ethereum
The second largest virtual currency, rose 9.7 percent to $1,694.9, with a market capitalisation of $207.6 billion. In the last 24 hours, Ethereum’s trade volume was $11.4 billion.

Dogecoin
The meme-based virtual currency, increased 8.8 percent to $0.1. Its market capitalization was $12 billion. The total value of trade was $924 billion.

Solana
Solana rose 11.1 percent to $23.9, with a $9 billion market capitalisation. Solana’s trading volume in the last 24 hours was $833.1 million.

Shiba Inu
Shiba Inu market capitalisation increased by 9% to $7.5 billion. In the last 24 hours, the trade volume was $493.9 million.

Polygon
Polygon rose 11.1 percent to $1.4, valuing the company at $11.8 billion. In the last 24 hours, the trade volume was $693.4 million.