Crypto Market Trends Due to Saturday’s extreme volatility, traders and investors are wary of cryptocurrency values. While Ethereum (ETH) and Solana (SOL) were trading in the red, Bitcoin’s (BTC) price temporarily dropped to a $95K low. Nevertheless, XRP was able to pump about 1%, which stopped any additional downward momentum. Furthermore, the meme coins industry as a whole had a declining trend. In light of recent market developments that have affected coin prices, let’s examine some of the day’s most popular coins in greater detail.
Crypto Market Struggles Despite Tariff Pause
Despite Donald Trump announcing a pause on new tariffs for Mexico and Canada, the crypto market is yet to recover from its slump. Some traders and investors are even bearish over future movements, as the tariffs pause is only for 30 days. Given that the market fails to recover by March’s beginning, another wave of volatility could kick in as the new tariffs are to resume. Meanwhile, this week has been alarming for the broader cryptocurrency Take Center sector.
Bitcoin Slips 1%, Dominance Rises.
Bitcoin’s price fell by almost 1% in the last day, and it’s now trading at $96,663. The intraday low for the flagship coin was $95,000, and the high was $100,000, so that’s something to keep in mind. The dominance of Bitcoin, however, increased by 0.09% and reached 60.94%. A legislative plan to create a Bitcoin reserve fund for the state of Maryland was recently presented, adding to the latest events around this cryptocurrency. According to Coinglass data, Bitcoin has seen liquidations of $73.02 million in the last 24 hours.
SEC Delays Decision on Ethereum ETF
The price of ETH has fallen by almost 3% in the last 24 hours, and it is now trading at $2,643. The low point for the coin for the day was $2,564.97, while the high point was $ 2,798.03. Notably, the present downward trajectory is consistent with the market. According to recent news about the cryptocurrency, the United States Securities and Exchange Commission has put off deciding on BlackRock’s proposal to trade Ethereum ETF options. On the last day, ETH saw liquidations of $64.83 million.
XRP Gains Amid DR Launch and Community Support
XRP is experiencing a slight upward trend, trading at $2.38 after an intraday increase of just over 1%. Over the past 24 hours, the coin fluctuated between a low of $2.28 and a high of $2.53, reflecting ongoing market volatility. The recent price movement comes as excitement builds around the upcoming XRP DR (Depository Receipt) product launch in the U.S. This new financial instrument is expected to provide greater accessibility to XRP for institutional investors, potentially driving further adoption. Additionally, growing optimism within the XRP community has contributed to the coin’s positive momentum, reinforcing its position as a key player in the Crypto Market Trends. But at the moment, XRP is trading at $2.38, an intraday increase of just over 1%. The low point for the coin in 24 hours was $2.28, while the maximum point was $2.53. As the new XRP DR (Depository Receipt) product is about to launch in the US, Ripple’s coin climbs along with good community news.
DOGE, TRUMP, PEPE Down; SHIB Up
The SOL price has experienced a rollercoaster ride in the past 24 hours. As of press time, it was trading at $193, down marginally by 0.1%. The coin’s 24-hour bottom and peak were $188.48 and $203.15, respectively. Solana recorded liquidations worth $11.26 million in the past 24 hours.
Dogecoin (DOGE) saw a 2% decline, bringing its price down to $0.247, while TRUMP and PEPE also faced losses of 3-5%, with TRUMP dropping to $16.46 and PEPE settling at $0.000009089. These declines reflect the ongoing volatility in the cryptocurrency market, where price swings are common. However, not all digital assets followed this downward trend. Shiba Inu (SHIB) defied the broader market movement, registering a nearly 1% increase to $0.00001517. This divergence in performance highlights the unpredictable nature of the Crypto Market Trends, where external factors, investor sentiment, and market dynamics continue to play a crucial role in shaping price movements.
Meme Crypto Prices Today
At its current price of $0.247, Dogecoin (DOGE) experienced a 2% decline in value. Likewise, TRUMP’s price hit $16.46 and PEPE’s price hit $0.000009089, both down 3-5%. However, the value of Shiba Inu (SHIB) rose to $0.00001517, almost a 1% increase.
Top Crypto Gainers and Their Price Surge Today
Top Crypto Losers and Their Price Decline Today
Today’s top crypto losers include Berachain (BERA), Movement (MOVE), and LidoDAO (LDO), all experiencing significant declines. Berachain (BERA) is priced at $6.86, reflecting a sharp 15% drop in the last 24 hours. Movement (MOVE) follows with a price of $0.5412, losing 12% over the same period. Meanwhile, LidoDAO (LDO) has fallen to $1.54, marking a 10% decrease. These cryptocurrencies are facing notable downturns, making them the worst-performing assets of the day.
Crypto Prices Influenced by Market Moves
Crypto Market Trends should expect pricing to be heavily influenced by more significant market movements in the future. Aside from the fact that Donald Trump’s tariffs will resume in 30 days, another factor has stirred up uncertainty. According to the renowned Crypto Market, over fifteen billion tokens were released last month. In addition, $3 billion is scheduled for this month, while $9 billion is planned for March and April of the following year. This phenomenon could exacerbate the price volatility of altcoins.
Final Thoughts
Several altcoins, including Bitcoin and Ethereum, have seen their prices fall as the cryptocurrency industry struggles with ongoing volatility. Most big cryptocurrencies, including meme coins like PEPE and DOGE, trended downward, except for XRP, which managed to gain a little. Factors including Trump’s brief tariff hold, big token releases, and the SEC’s delay in licensing an Ethereum ETF have kept the market on edge. Traders and investors will closely watch the market’s reaction in the upcoming weeks as they negotiate this volatility. Further volatility may emerge if prices do not stabilise, particularly in light of forthcoming macroeconomic events. Investor confidence is still varied, as some assets, such as XRP and SHIB., have shown resilience despite the current drop. Due to the inherent uncertainty of cryptocurrency trading, market participants should exercise caution and keep themselves well-informed at all times.
