Crypto Prices Today: Bitcoin Sustains 49K, PEPE & XRP Dip As PYTH Rallies 15%

The crypto prices today indicate a shift to red as top cryptocurrencies, including Bitcoin and Ethereum dropped notably after recent rally.
By Coingape Staff
February 14, 2024
Crypto Prices Today March 7th: Bitcoin Nears $68K, Ethereum At 3900, PEPE & FLOKI Rally

Highlights

  • Bitcoin sustained above $49,000 despite the pullback.
  • Ethereum noticed slower declines and traded substantially above $2,600.
  • XRP dropped below $0.53 after being hit by the bearish trend.

The crypto prices registered saw a bearish turn Bitcoin (BTC) was in the red but traded fairly above the $49,000 mark after a high of hitting $50,358. Whilst, Ethereum maintained the $2,600 level despite the pullback. Meanwhile, other top altcoins, such as XRP, Solana (SOL), and Cardano (ADA) recorded significant losses as well.

Major Crypto Prices Today

The Bitcoin price sustained over $49,000 today. The Bitcoin price was down by 1.09%, reaching $49,432.19 at the time of writing on Wednesday, Feburary 14. On the other hand, it’s trading volume dipped by 0.88% to $33.90 billion in the last 24 hours. Meanwhile, the crypto boasted a market cap of $970.05 billion

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Turning to altcoins, the Ethereum price dropped 0.82% to $2,626.69 at press time with market valuation of $315.72 billion. Whilst, ETH saw its trading volume increase by 15.76%, reaching $16.55 billion. Furthermore, the Binance Coin (BNB) price slipped by 0.23% in value, reaching $325.78. Whilst, its 24-hour trade volume plunged by 14.43% to $852.78 million.

The Solana price sustained over the $110 mark today. The Solana price was down by 2%, settling $111.70. Furthermore, SOL witnessed a 18.04% drop in trade volume to $2.30 billion in the last 24 hours. Moreover, the XRP price slumped below the $0.53 level. The XRP price recorded a decline of 1.15%, settling at $0.5247. In addition, XRP’s trading volume fell by 1.63% to $997.57 million.

Meanwhile, the Cardano price witnessed an drop of 1.06% to $0.5473 today. Moreover, it recorded a 16.23% dip in its 24-hour trading volume, settling at $426.20 million. As the top crypto prices saw a bearish shift, the meme coin arena bore the brunt as well. The Dogecoin price slumped by 1.32% to $0.08107 while its competitor, Shiba Inu, registered a 1.23% drop in value and traded at $0.000009462.

Also Read: Bitcoin Set to Soar to $600K by 2026, Says Tuur Demeester

Top Crypto Prices Today Are

Pepe Coin Declines

Pepe Coin 1-Day Graph, Source: CoinMarketCap

The Pepe Coin (PEPE), a trending meme cryprocurrency, declined significantly today. At press time, the Pepe Coin price was down by 1.73% to $0.000001077 with a market valuation of $452.96 million. In contrast, its 24-hour trade volume declined by 2.84% to $106.26 million.

Pyth Network Rallies 15%

Pyth Network 1-Day Graph, Source: CoinMarketCap

The Solana Ecosystem’s Pyth Network (PYTH) witnessed a notable uptick today and emerged as the top crypto gainer today. The PYTH price soared by 14.55% to $0.6701 at the time of reporting. In addition, its trade volume surged by a massive 58.73% to $218.16 million. Moreover, Pyth Network recorded a high of $0.6751 amid the rally today.

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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