Technology

Bitcoin (BTC), Ethereum (ETH), Polygon (MATIC), Solana (SOL) – Crypto News

Published

2 years ago

February 16, 2023

Dripp

<br />

Crypto Rates Today: On-chain data confirms that the markets is bullish, and today’s price increase may not be a temporary rebound. As of writing, bitcoin price increases by a massive 11.50% in the last 24 hours. Altcoins are also showing a jump of somewhere between 9-12% in the last 24 hours.

Crypto prices today for Ethereum increase by 9.23%. cardano price boosts by 6.54%. Polygon price is up by 9.85%. Solana price hikes by 10.21%. Polkadot price jumps by 7.06%.

The meme crypto are seeing an increase in the last 24 hours. dogecoin price soars by 4.33% whereas Shiba Inu Price is escalating by 6.54%.

The global crypto market cap stands at 1.12 trillion USD, an increase of 8.54% over the previous day. The total crypto market volume in the last 24 hours increased by 25.01% and is currently at 73.49 billion USD.

The top 4 cryptos for today are:

1. Bitcoin (BTC) increases by 11.50%

The world’s largest crypto, Bitcoin increases by 11.50% in the last 24 hours, thus, taking the market cap to 476.69 billion USD. Each BTC is trading for 24,711 USD. This is the first time since August 2022 that the coin has crossed the 24k mark, a high of 6 months. However, for the upward trend to continue, Bitcoin must achieve a daily closing price above $25,000.

Trading volume in the last 24 hours is up by 35.11%. The dominance of Bitcoin has increased by 1.10% as compared to the previous day and stands at 42.65%.Source: coinmarketcap

Also read: Bitcoin (BTC) Jumps 12% Hitting A 6-Month High, Is This A Dead Cat Bounce?

2. Ethereum (ETH) increases by 9.23%

The second largest crypto, ether price jumps by 9.23% in the last 24 hours. The market cap for Ethereum is 207.40 billion USD. Trading volume increased by 27.83% in the last 24 hours. Each ETH token is trading for 1,695 USD as it heads towards crossing the 1700 mark.Source: coinmarketcap

3. Polygon (MATIC) increases by 9.85%

polygon price is escalating by 9.85% in the last 24 hours and each MATIC token is trading for 1.37 USD. The market cap for this crypto is currently at 11.94 billion USD. Trading volume is hiking by 3.69% over the last day. Polygon is an Ethereum layer 2 scalability platform and has been rallying with Ethereum in the past month as well.Source: coinmarketcap

Also read: XRP Lawyer Hints At Chances Of Ripple Winning SEC Case With A Fine

4. Solana (SOL) increases by 10.21%

Solana price soared by 10.21% in the last 24 hours. The market cap for this crypto stands at 8.98 billion USD. Each SOL token is trading at 23.85 USD. The trading volume has gone up by 3.30% during the last 24 hours. SOL Source: coinmarketcap

Shourya is a fintech enthusiast who mainly reports on Cryptocurrency Prices, Union Budget, CBDC, and FTX collapse. Connect with her at [email protected] or tweet at Shourya_Jha7

The content presented may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.