Crypto Price Today: Bitcoin at $96,914, XRP Jumps to $2.47

With significant price movements across major digital assets, investors are closely watching key resistance and support levels
Crypto Price Today: Bitcoin at $96,914, XRP Jumps to $2.47
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Crypto Price Today: The cryptocurrency market remains highly dynamic, with Bitcoin leading the charge while altcoins experience varying trends. With significant price movements across major digital assets, investors are closely watching key resistance and support levels. Here’s a detailed look at today’s crypto price updates, including Bitcoin, Ethereum, Solana, XRP, Cardano, Dogecoin, Shiba Inu, and the biggest gainers and losers.

Bitcoin (BTC) Price Update

Bitcoin, the world’s largest cryptocurrency, continues to dominate the digital asset market with its price fluctuations closely watched by investors and analysts. As of February 13, 2025, Bitcoin is trading at $96,914, reflecting a 1.47% increase from the previous trading session. The intraday high reached $98,096, while the lowest point touched $93,955, indicating a volatile trading day.

Recent Market Movements

Bitcoin price saw an initial dip earlier in the day, dropping to $94,200 following the release of U.S. inflation data that surpassed market expectations. The higher-than-anticipated Consumer Price Index (CPI) report created uncertainty, prompting a temporary sell-off. However, Bitcoin rebounded quickly, surging past $98,000 as traders responded positively to market sentiment, a classic "sell the rumor, buy the news" scenario.

Recent Market Movements

Institutional activity has been a key factor in Bitcoin’s recent movement. A notable shift has been observed in Bitcoin Exchange-Traded Fund (ETF) flows, with some investors reallocating funds into Ethereum-based ETFs while maintaining long-term confidence in Bitcoin as a store of value.

Bitcoin’s Performance in the Broader Crypto Market

Compared to other major cryptocurrencies, Bitcoin remains the most dominant digital asset, holding a market capitalization of approximately $1.9 trillion. The Bitcoin dominance index currently stands at 52.3%, indicating that over half of the total cryptocurrency market value is concentrated in Bitcoin.

While Bitcoin has seen positive movement, other cryptocurrencies have experienced mixed trends. Ethereum (ETH) has surged 5.05% to $2,721, supported by strong inflows into Ethereum-based investment products. Binance Coin (BNB) and Solana (SOL) have also gained traction, with price increases of 12.68% and 0.62%, respectively.

Outlook for Bitcoin in the Coming Weeks

The short-term outlook for Bitcoin remains uncertain as traders assess macroeconomic conditions, regulatory developments, and institutional buying trends. With inflation concerns continuing to influence investor sentiment, Bitcoin’s role as a hedge against traditional financial market volatility may gain further traction.

Technical analysts point to $100,000 as the next psychological resistance level. If Bitcoin breaks through this barrier, it could trigger another bullish rally. However, if selling pressure intensifies, support around $92,000 will be a crucial level to watch.

With Bitcoin’s history of price swings, continued market monitoring and strategic investment decisions remain essential for traders navigating the evolving crypto landscape.

Ethereum (ETH) Price Update

Ethereum continues to exhibit strong momentum, currently trading at $2,721, marking a 5.05% increase from the previous session. The cryptocurrency reached an intraday high of $2,784, while the lowest level touched $2,560. The rally in Ethereum's price has been largely fueled by growing institutional interest, particularly in Ethereum-based Exchange-Traded Funds (ETFs). Unlike Bitcoin, which saw outflows from ETFs, Ethereum has attracted substantial capital inflows, reinforcing investor confidence in its long-term potential.

The upcoming Ethereum network upgrades, including further developments in its scalability solutions like Layer-2 protocols, are expected to contribute to continued price appreciation. The Ethereum staking ecosystem remains strong, with an increasing number of ETH locked in staking contracts, reducing market supply and potentially driving prices higher.

Solana (SOL) Price Update

Solana has maintained a steady uptrend, currently trading at $195.49, reflecting a 0.62% gain over the last 24 hours. Despite the relatively modest price increase, Solana remains a strong competitor to Ethereum in the decentralized finance (DeFi) and NFT markets.

The Solana blockchain has gained traction due to its high-speed transactions and low fees, making it a preferred network for developers building decentralized applications (dApps). The recent surge in on-chain activity and partnerships with major DeFi protocols have supported Solana’s price stability. Analysts are watching the $200 resistance level, which, if broken, could lead to another upward push towards $220.

XRP Price Update

XRP is trading at $2.47, reflecting a 3.35% increase over the last day. The recent price movement comes amid ongoing regulatory discussions surrounding Ripple Labs’ legal battle with the U.S. Securities and Exchange Commission (SEC).

XRP’s bullish momentum has been supported by increasing adoption in cross-border payments, as major financial institutions continue to explore Ripple’s blockchain solutions for international transactions. The next major resistance for XRP is $2.50, and a breakout above this level could push prices toward the $3.00 mark.

Cardano (ADA) Price Update

Cardano is currently trading at $0.7774, up 2.50% in the past 24 hours. The ADA token has seen a resurgence as the Cardano ecosystem expands, with new DeFi projects, smart contract integrations, and NFT platforms launching on its blockchain.

The recent Hydra scaling upgrade has improved transaction speeds and lowered fees on the Cardano network, making it more competitive with Ethereum and Solana. Market analysts are watching the $0.80 resistance level, which could pave the way for a further rally towards $1.00 if breached.

Dogecoin (DOGE) Price Update

Dogecoin, the original meme coin, is trading at $0.095, experiencing a 1.75% increase over the last 24 hours. The surge in DOGE’s price is partially attributed to renewed interest from Elon Musk’s X (formerly Twitter) and speculation about potential Dogecoin payment integrations on social media platforms.

Dogecoin’s utility continues to expand with increased merchant adoption, making it one of the most widely used cryptocurrencies for tipping and microtransactions. Key resistance lies at $0.10, and if broken, DOGE could see an extended rally toward $0.12.

Shiba Inu (SHIB) Price Update

Shiba Inu has also seen positive movement, with its price currently at $0.00001234, reflecting a 4.20% increase over the past 24 hours. The Shibarium Layer-2 scaling solution has played a crucial role in boosting SHIB’s ecosystem, reducing transaction costs and increasing network efficiency.

The recent surge in SHIB token burns has contributed to a reduction in circulating supply, potentially setting the stage for long-term price appreciation. The $0.000013 resistance level remains a critical barrier, and a breakout could lead to further gains toward $0.000015.

Biggest Gainers

PancakeSwap (CAKE) – $2.98 (+55.71%)

PancakeSwap (CAKE) has surged by an impressive 55.71%, making it the top-performing cryptocurrency in the past 24 hours. The surge is likely driven by increased activity on the Binance Smart Chain (BSC) and rising interest in decentralized finance (DeFi) platforms. With more liquidity and higher trading volumes, CAKE has emerged as one of the strongest DeFi tokens of the day.

Sonic (S) – $0.5463 (+16.69%)

Sonic, formerly known as FTM, has gained 16.69%, reflecting increased investor confidence following recent developments in layer-1 blockchain solutions. The rebranding and upgrade to its network have contributed to renewed optimism, attracting more users and investors.

Jito (JTO) – $3.03 (+14.40%)

Jito (JTO) continues to see strong gains, up 14.40% in the last 24 hours. The Solana-based liquid staking platform has witnessed a rise in staking activity, boosting demand for JTO tokens. With Solana's ecosystem growing rapidly, Jito’s integration with staking mechanisms is driving its price upward.

Lido DAO (LDO) – $1.74 (+12.38%)

Lido DAO (LDO) has gained 12.38%, benefiting from the rising interest in Ethereum staking solutions. Lido's ability to offer liquid staking rewards without locking ETH has made it a key player in the Ethereum ecosystem. Increased staking ahead of Ethereum’s next major upgrade is likely contributing to LDO’s bullish momentum.

BNB (BNB) – $705.09 (+11.99%)

BNB, the native token of Binance, has climbed nearly 12%, reaching $705.09. The increase is tied to rising trading volumes on Binance, along with a renewed push for BNB Chain adoption in DeFi and gaming projects. Binance’s continued expansion and regulatory developments have also influenced investor confidence.

Ethereum Name Service (ENS) – $27.55 (+9.36%)

ENS has posted a 9.36% increase, benefiting from rising demand for decentralized domain services on the Ethereum blockchain. As more users seek to purchase .eth domain names for Web3 applications, ENS remains a key player in the decentralized naming service sector.

Floki Inu (FLOKI) – $0.00009966 (+9.33%)

Floki Inu (FLOKI) has gained 9.33%, reflecting the continued rise in meme coin popularity. The token has seen increased adoption and marketing efforts, with strategic partnerships helping drive interest.

Onyxcoin (XCN) – $0.02574 (+9.20%)

Onyxcoin (XCN) has climbed 9.20%, with growing traction in the enterprise blockchain sector. As more businesses explore blockchain integration for security and efficiency, XCN’s ecosystem continues to expand.

Pudgy Penguins (PENGU) – $0.0107 (+9.03%)

Pudgy Penguins, a well-known NFT project, has seen its token rise by 9.03% following a surge in interest in digital collectibles and NFT-based gaming platforms.

Sui (SUI) – $3.54 (+8.15%)

Sui (SUI) has gained 8.15%, driven by the growing adoption of its high-performance blockchain. As a next-generation layer-1 blockchain with enhanced scalability, SUI is gaining traction in DeFi and NFT projects.

Biggest Losers

Bitget Token (BGB) – $5.80 (-8.04%)

Bitget Token (BGB) has dropped 8.04%, making it the worst-performing token of the day. The decline is attributed to lower-than-expected trading volumes on the Bitget exchange and a correction after recent gains.

MANTRA (OM) – $5.72 (-3.50%)

MANTRA (OM) has lost 3.50%, likely due to profit-taking by investors following a previous price surge. The DeFi token has been volatile, and traders seem to be adjusting their positions after the latest rally.

FTX Token (FTT) – $2.02 (-3.32%)

FTX Token (FTT) continues its downward trend, falling 3.32% as uncertainty surrounding the FTX exchange bankruptcy proceedings persists. Investors remain skeptical about the token’s long-term viability amid legal and financial challenges.

DeXe (DEXE) – $18.13 (-2.92%)

DeXe (DEXE) has dropped 2.92%, reflecting overall weakness in decentralized finance governance tokens. The market correction comes after a period of strong gains in DeFi-related assets.

Raydium (RAY) – $5.15 (-1.21%)

Raydium (RAY), a Solana-based decentralized exchange (DEX) token, has fallen 1.21% despite the broader strength of the Solana ecosystem. The dip is likely due to temporary liquidity fluctuations in Solana’s DeFi market.

Celestia (TIA) – $3.15 (-0.44%)

Celestia (TIA) is down 0.44%, indicating mild profit-taking activity. The modular blockchain network remains a strong contender in the next-generation blockchain space, and its long-term potential remains intact.

The cryptocurrency market remains highly active, with Bitcoin, Ethereum, and Solana driving major price action. While Bitcoin once again approaches $100,000, Ethereum continues to attract institutional capital, and Solana maintains its strength in the DeFi ecosystem.

Altcoins have experienced mixed trends, with PancakeSwap and Binance Coin leading the gainers, while Bitget Token and FTX Token struggled.

As traders navigate market trends, resistance and support levels will play a crucial role in determining future price movements. Continued monitoring of macroeconomic indicators, institutional activity, and regulatory developments will be essential in the weeks ahead.

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