Crypto Prices Today: Bitcoin Reaches New Highs at $52K as ETH, XRP, PEPE Bounce Back
The current crypto market is witnessing a significant rebound, with Bitcoin (BTC) leading the way by surpassing the $52,000 mark. Ethereum (ETH) is also making strides, inching closer to the $2,900 level, a milestone not achieved in two years. Other top altcoins such as XRP, Solana (SOL), and Cardano (ADA) are also experiencing notable upticks in their prices.
Bitcoin, at the time of writing on Monday, February 19, saw a 1.07% increase in price, reaching $52,118.02. However, its trading volume witnessed a 15.03% dip to $18.22 billion over the past 24 hours. Nevertheless, Bitcoin boasts a market cap of $1.02 trillion, highlighting its dominance in the crypto market.
Moving on to altcoins, Ethereum experienced a surge of 3.58% in price, settling at $2,892.43. The trading volume for Ethereum also saw a significant gain of 32.57%, reaching $24.41 billion. On the other hand, Binance Coin (BNB) remained relatively stable, with a slight 0.03% gain, reaching $352.54. However, its 24-hour trade volume decreased by 2.53% to $1.04 billion.
Solana, on the other hand, witnessed a drop in price, falling below the $110 mark. It settled at $109.79 after a 3.12% decrease. Despite the price drop, Solana saw a 12.56% increase in trading volume, reaching $1.55 billion over the last 24 hours. XRP experienced a rebound, surpassing the $0.56 mark with a 1.44% gain, settling at $0.5606. However, XRP’s trading volume fell by 23.57% to $703.37 million.
Cardano, unfortunately, defied the rebound trend and experienced a 0.50% slump, reaching $0.6224. However, its 24-hour trading volume increased by 1.66%, settling at $610.73 million. In the meme coin space, Dogecoin saw a 2.50% increase in price, reaching $0.08581, while Shiba Inu experienced a 1.02% hike and traded at $0.000009797.
On another note, Pepe Coin (PEPE), one of the popular meme cryptocurrencies, recorded a slight rebound, increasing by 0.85% to $0.000001215. Its market valuation currently stands at $511.13 million, although its 24-hour trade volume decreased by 8.65% to $81.43 million.
In a surprising turn of events, Worldcoin (WLD), a popular privacy token, emerged as the top gainer today with a massive surge of 25.61%. Its price reached $6.72, and its trade volume surged by 22.01% to $710.77 million. At its peak during the rally, Worldcoin attained a high of $6.80.
As the crypto prices register a rebound, it is an exciting time for investors and traders alike. However, experts advise caution and expect a potential correction in the Bitcoin price before it rallies to new highs.