The cryptocurrency universe witnessed quite the bustle today, February 22, following a slump in crypto prices, per data by CoinMarketCap. As the global market cap took a hit, plunging 1.62% to the $1.95 trillion mark, a bearish sentiment appears to be prevailing within the broader crypto market. Prominent cryptocurrencies like Bitcoin, Ethereum, XRP, and Solana collectively witnessed a price slump today. This appears to come due to the massive crypto market liquidation witnessed yesterday, per CoinGape Media’s report.
Major Crypto Prices Today
As mentioned above, the Bitcoin price continued its downward movement post-liquidation today, falling 1.28% in the past 24 hours. The current BTC price rests at $51,411, with a market cap of $1.009 trillion. Meanwhile, the token also witnessed a substantial drop in its 24-hour trading volume, falling 9.45% and reaching $29.25 billion. Derivatives data also showcased a 1.18% drop in BTC open interest, hinting at a downtrend prevailing in the market.
On the other hand, the Ethereum price marked a considerable 3% dip over the past 24 hours and is currently trading at $2,918. After a phenomenal run past the $3K mark, the 2nd most renowned cryptocurrency witnessed a significant plunge following yesterday’s $300 million liquidation. As of writing, ETH too witnessed a noteworthy decrease of 2.87% in the token’s market cap, reaching $350.97 billion, whereas the 24-hour trading volume dropped 3.41% to $19.08 billion.
Solana’s price fell by 3.98% over the past day and is currently trading at $102.74. The token’s mark cap jotted a drop of 3.98%, reaching $45.29 billion, whereas the 24-hour trading volume also plummeted 13.63%, reaching $2.23 billion. XRP, the Ripple-backed token, witnessed a 2.80% dip over the past day and currently stands at $0.5421. Even XRP’s 24-hour trading volume fell 19.11%, while the market cap stood at $29.58 billion.
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The Top Crypto’s Prices For Today
Worldcoin Price Soars
With a boasted market cap of $977.89 million, the Worldcoin price soared 4.33% in the past 24 hours and is currently trading at $7.36. The token marked a phenomenal week with the past seven days as a staggering 137.73% surge was witnessed, per market charts. This bullish movement comes primarily from numerous factors, including whale accumulations, burgeoning project adoption, etc.
Pepe Coin Price Falls
As of writing, the Pepe coin (PEPE) price, a meme coin, dropped 4.21% over the past 24 hours and is currently trading at $0.000001116. The meme coin’s market cap plunged 4.20%, reaching $469.54 million, whereas the token’s 24-hour trading volume also decreased by 20.89%, reaching $100.72 million.
Starknet Slumps
After showcasing a phenomenal surge, the Starknet (STRK) price tumbled 6.24% today, reaching $1.88. The token’s trading volume jotted a substantial drop of 33.56%, whilst the market cap dropped 6.08%, reaching $1.37 billion. Subsequent to the token’s recent listing on Binance, the price action seems to be fueling speculations.
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This news is republished from another source.
