The selling pressure in the crypto market continued on 5th February with Bitcoin tying hard to surge above the $100,000 price mark. Bitcoin price hit the daily high of $100,677 and it is currently trading near $97,500.
As the market is still recovering from Sunday’s dip, major altcoins – including SOL, BNB, SUI, LINK and others – are witnessing huge volatility. SOL price pumped as high as $218 earlier in the day while currently dipping below $205 – as per Coinmarketcap data.
While most leading crypto assets were trading on downtrend, some of the memecoins spiked with significant price uptrend. Both the Dogwifhat (WIF) and Pudgy Penguins’ PENGU have spiked over 10% in the past 24 hours.
Today’s eye-catcher was the MELANIA memecoin, which has spiked over 20% in the past 24 hours. It is currently trading at $1.7 with a market cap of $820 million.
Trending Crypto Today
- MELANIA (Official Melania Meme)
- XPR (XPR Network, Formerly known as Proton)
- ALPHA (Alpha)
- FORTH (Ampleforth)
- AMP (Amp)
Top Daily Gainers
- AMP (Amp): + 21%
- Official Melania Meme (MELANIA): +20%
- FTX Token (FTT): +13%
- Pudgy Penguins (PENGU): +11%
- Dogwifhat (WIF): +10%
The 24 hour total crypto trading volume for today is $174.5 billion, down 27% compared to that of yesterday. The global crypto market is today valued at $3.21 trillion.
Also Read: Golden Age is Coming for Crypto: David Sacks
