Crypto prices today (March 1) have reignited a bullish market sentiment among traders and investors globally, illustrating signs of recovery. Bitcoin (BTC) price gained nearly 8% in the past 24 hours. Whereas, Ethereum (ETH), XRP, and Solana (SOL) prices were up by 5%-16%, underscoring a major bounceback from previous dips. Simultaneously, meme coin prices were also trading in the green zone, with TRUMP ($14.11) leading the broader market gains.
Mentioned below are some of the most trending coins for the day and a brief report on their price movements.
Crypto Prices Today: BTC & Altcoins Show Signs Of Recovery
The crypto market gained nearly 5% in the past 24 hours, closing the week with a market cap of $2.82 trillion. Further, even the total market volume witnessed a 12% uptick to $158.76 billion.
BTC price ends the week near the $85K level, sparking some hope despite the recent market bloodbath. Simultaneously, ETH managed to regain a break above $2,200.
BTC Price Regains $85K
At the time of reporting, BTC price gained nearly 8% intraday and exchanged hands at $85,351. The flagship coin hit a bottom and a peak of $78,248.92 and $85,608.40 in the past 24 hours. Notably, the rising price action comes despite rising PCE Price Index for January, per a recent CoinGape report. Also, BTC futures OI jumped 2% in the past 24 hours to $51.13 billion, per Coinglass data. The flagship coin appears to be witnessing renewed market interest as the week closes.
ETH Price Jumps 6%
ETH price witnessed an uptick of slightly over 6% over the past day, closing in at $2,264. The coin hit a 24-hour low and peak of $2,076.17 and $2,273.02, respectively. Ethereum rises alongside a 4% surge in its futures OI to $19.90 billion. The latest update surrounding the crypto remains that the U.S. SEC has delayed its decision on Fidelity‘s spot Ethereum ETF options.
XRP Price Surges 9%
XRP price pumped 9% in the past 24 hours, exchanging hands at $2.19. The coin hit an intraday low and peak of $1.96 and $2.21, respectively. XRP futures OI saw an 8% increase to $3.05 billion in the past 24 hours, underscoring rising market interest.
SOL Price Soars Over 15%
SOL price sky-shot by over 15% intraday and exchanged hands at $146.41. The coin hit an intraday bottom and peak of $125.74 and $150.79 over the past 24 hours. Solana’s price rose alongside a 15% surge in its futures OI to $4.65 billion, per Coinglass data.
Meme Crypto Prices Today
Simultaneously, the meme coin sector has mirrored an uptrend that is in sync with the broader market trend. Dogecoin (DOGE ($0.21)) price saw a 10% increase in value to $0.2075. Similarly, Shiba Inu (SHIB ($0.00)) price rose over 5% to $0.00001406. Even Pepe Coin (PEPE ($0.00)) price sky shot over 6% today, closing in at $0.000007934.
Top Gainer Crypto Prices Today
Official Trump (TRUMP)
Price: $14.02
24-hour Gains: =23%
Celestia (TIA ($4.23))
Price: $4.17
24-hour Gains: +20%
Hedera (HBAR ($0.23))
Price: $0.2253
24-hour Gains: +19%
Top Loser Crypto Prices Today
Nexo (NEXO ($1.12))
Price: $1.12
24-hour Loss: -3%
KuCoin Token (KCS ($11.51))
Price: $11.49
24-hour Loss: -1%
PAX Gold (PAXG ($2,865.67))
Price: $2,859
24-hour Loss: 0.5%
Overall, traders and investors reflect considerable optimism in light of the crypto market’s recent recovery-like trend, anticipating potential gains ahead.
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