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Crypto Prices on February 13: BTC Jumps to $97K, ETH Gains 6%, and CAKE Soars 59%
Crypto Prices On February 13: BTC & Altcoins Rise Despite Hot US CPI
Despite the U.S. CPI data coming in hotter than expected for January (at a 3% YoY basis), the crypto market has shown signs of recovery, sparking speculation among traders and investors globally. For context, usual market sentiments convey concerns surrounding risk assets like crypto amid rising inflation data. However, BTC and altcoins took an upward trajectory, with the global cryptocurrency market cap rising 2.91% to $3.23 trillion. Further, even the global market volume saw a 24.91% increase to $130.06 billion.
Bitcoin Price Jumps 2% To $97K
BTC price witnessed a 2% uptick in the past 24 hours and is now trading at $97,539. The coin’s intraday low and high were $94,101.20 and $98,151.03, respectively. Bitcoin’s dominance over the past day witnessed a 0.54% decline, indicating that altcoins led the market gains today.
Ethereum Soars 6%
ETH price witnessed a 6% pump in value in the past 24 hours and is now trading at $2,742. The coin’s 24-hour low and high were $2,551.17 and $2,794.87, respectively. Intriguingly, the coin soars alongside the broader crypto market trend, while 21Shares’ recent proposal to offer services related to staking on spot ETH ETF products appears to have further boosted the market sentiment.
SOL & XRP Follow Crypto Market Trend
Simultaneously, SOL and XRP prices have mimicked the broader market trend, trading in the green zone today. XRP price gained nearly 4% in the past 24 hours and is now trading at $2.48. Its intraday bottom and peak were $2.35 and $2.49, respectively. SOL price jumped nearly 1% intraday and is now sitting at $197.55. The coin’s intraday low and peak were $189.61 and $198.45, respectively.
Meme Crypto Prices Today
Also, Dogecoin (DOGE) price surged above 5% over the past day, reaching $0.2646. Further, Shiba Inu (SHIB) rose by 8% to $0.00001682. Even PEPE & TRUMP prices increased by 2%-7%, reaching $0.00001012 and $15.60, respectively.
Top Crypto Gainer Prices Today
- PancakeSwap (CAKE): Price: $3.15, 24-Hour Gains: +59.21%
- Onyxcoin (XCN): Price: $0.0253, 24-Hour Gains: +22%
- Jito (JTO): Price: $3.07, 24-Hour Gains: +17%
Top Crypto Loser Prices Today
- Bitget Token (BGB): Price: $5.93, 24-Hour Loss: -5%
- DeXe (DEXE): Price: $18, 24-Hour Loss: -4%
- Helium (HNT): Price: $3.77, 24-Hour Loss: -1%
Conclusion
The broader crypto market today remains optimistic as prices show signs of a potential recovery. The current resistance for BTC is at $97,530, although the coin traded above this level as of press time. A sustained momentum above this could result in further gains, driving broader market growth back near previous highs.
FAQs
Q: What is the current price of Bitcoin (BTC)?
A: The current price of BTC is $97,539.
Q: How much has Ethereum (ETH) price increased in the past 24 hours?
A: ETH price has increased 6% in the past 24 hours.
Q: Which altcoins have shown significant gains today?
A: SOL, XRP, DOGE, SHIB, and CAKE have shown significant gains today.
Q: What is the current global cryptocurrency market cap?
A: The current global cryptocurrency market cap is $3.23 trillion.
