Over the weekend, Bitcoin price dropped below $95,000 and brought unusual volatility to the altcoin market. This price action sparked significant ups and downs in leading crypto assets with Solana (SOL) witnessing major tides.
Bitcoin fell from $97,200 to $94,800 in the intraday trading session but quickly recovered above $97,000 during early morning today. While the weekly opening is in a few hours, the price of Bitcoin seems to be stabilized and hoping for a sharp pump before the U.S. stock market opens.
Following Bitcoin’s momentum, SOL price had a notable volatile trend with it dipping as low as $189 on Saturday and seeing a surge to $207, nearly a 10% spike in hours. Solana has been trending on X over the past few days, which magnifies its continually increasing optimistic market sentiment.
The BNB token, surprisingly, had a fabulous run on 8th February with it spiking from $580 to $644 before settling down to $608 where it is currently trading.
Besides, ETH also had a quick drop to $3,537 but later gained back to its resistance level at $3,650, where it is currently trading at. Other major altcoins – including XRP, ADA, TRX, LINK and others, also went through similar price movements.
Trending Crypto Today
- TSTS (Test)
- TST (Test)
- BAD (Bad Idea AI)
- TRUMP (Official Trump)
- STRK (Strike)
Top Daily Gainers
- TFUEL (Theta Fuel): +18.20%
- LTC (Litecoin): +7.50%
- TAO (Bittensor): +6.40%
- INJ (Injective): +6.30%
- FET (Artificial Superintelligence Alliance): +4.40%
According to Coinmarketcap data, the total crypto market cap currently sits at $3.17 trillion with a 24 hour trading volume of $101.28 billion.
Read: Trump Family Profits $100M in $TRUMP Coin Trading Fees
