Cryptocurrency Price Today: Bitcoin reaches 26-month high due to BTC ETF inflows

Quick cryptocurrency price analysis for February 12: The global market capitalization rose to $1.80 trillion.

Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, surpassed $48,000 over the weekend, marking a 26-month high. This was prompted by an increase in inflows into spot Bitcoin exchange-traded funds (ETFs). Other major coins, such as Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC), experienced small drops across the board. The Flare (FLR) token emerged as the greatest gainer of the bunch, with a 24-hour increase of more than 10%. Memecoin BONK, on the other hand, became the greatest loser, with a 24-hour drop of more over 10%.

At the time of writing, the worldwide crypto market capitalization was $1.80 trillion, a 0.83 percent decrease from the previous day.

Bitcoin (BTC) Price Today
According to CoinMarketCap, the bitcoin price was $48,103.93, a 0.66 percent decrease in the previous 24 hours.

Ethereum (ETH) Price Today
At the time of writing, the price of ETH was $2,499.91, a 1.10 percent decrease over the previous 24 hours.

Dogecoin (DOGE) Price Today
According to CoinMarketCap data, DOGE has lost 1.91 percent in the past 24 hours and is currently trading at $0.08046.

Litecoin (LTC) Price Today
Litecoin fell 2.18 percent during the last 24 hours. At the time of writing, the stock was trading at $71.21.

Ripple (XRP) Price Today
The XRP price remained at $0.5231, down 0.77 percent in 24 hours.

Solana (SOL) Price Today
Solana prices fell 3.50 percent in 24 hours to $105.84.