Bitcoin (BTC), the oldest and most valued cryptocurrency in the world, climbed above the $50,000 mark early Tuesday, for the first time since December 2021, before climbing down to $49,750 at the time of writing. Several factors, including the likes of ETF inflows, upcoming Halving event, and a healthy US stock market, have led to BTC’s much-needed rally. Other top coins, including the likes of — Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the greens across the board. The BEAM token emerged to be the biggest gainer of the lot, with a 24-hour jump of over 13 percent. FLARE, on the other hand, became the biggest loser, with a 24-hour dip of over 2 percent.
The global crypto market cap stood at $1.87 trillion at the time of writing, registering a 24-hour gain of 3.52 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $49,785.67, registering a 24-hour jump of 3.30 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 42.88 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,639.92, marking a 24-hour gain of 5.54 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 2.27 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour jump of 1.68 percent, as per CoinMarketCap data, currently priced at $0.08179. As per WazirX, Dogecoin price in India stood at Rs 7.11.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour gain of 1 percent. At the time of writing, it was trading at $71.95. LTC price in India stood at Rs 6,194.58.
Ripple (XRP) Price Today
XRP price stood at $0.5286, seeing a 24-hour gain of 0.91 percent. As per WazirX, Ripple price stood at Rs 45.88.
Solana (SOL) Price Today
Solana price stood at $113.15, marking a 24-hour jump of 6.17 percent. As per WazirX, SOL price in India stood at Rs 9,650.
Top Crypto Gainers Today (February 13)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Beam (BEAM)
Price: $0.02928
24-hour gain: 13.33 percent
ORDI (ORDI)
Price: $69.95
24-hour gain: 12.49 percent
Helium (HNT)
Price: $8.83
24-hour gain: 9.67 percent
Sei (SEI)
Price: $20.7338
24-hour gain: 8.99 percent
Gnosis (GNO)
Price: $275.72
24-hour gain: 8.24 percent
Top Crypto Losers Today (February 13)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Flare (FLR)
Price: $0.0327
24-hour loss: 2.40 percent
Immutable (IMX)
Price: $2.93
24-hour loss: 2.13 percent
Kaspa (KAS)
Price: $0.1403
24-hour loss: 1.18 percent
Axie Infinity (AXS)
Price: $7.69
24-hour loss: 0.63 percent
UNUS SED LEO (LEO)
Price: $4.09
24-hour loss: 0.20 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin crosses the $50,000 threshold, marking its first break since 2021. The surge is attributed to the strong showing of the US stock market, substantial investments in spot Bitcoin ETFs, and an impending halving event. The next resistance for Bitcoin is at the $50,250 level, suggesting the potential for a continued climb beyond $51,200. Positive investor sentiment is reflected in active bullish activity in the market. At the same time, Ethereum sustains a position above $2,600, with bullish investors aiming for the $2,717 threshold.”
CoinSwitch Markets Desk noted, “After a long wait of more than 2 years, BTC finally hit the prestigious figure of $50k once again yesterday as the total crypto market cap inches towards the 2 trillion dollar mark. Incidentally, BTC has printed 8 consecutive green candles, a fit previously achieved in July 2021 which led us to the last all-time high at $69k. With the market picking up pace, the world’s second biggest crypto by market cap, Ethereum (+6%) and its top layer-2 solutions, OP (+8.3%) and ARB (+7.5%) have also started to show strength to move towards another local high if the momentum in BTC is sustained with just two months to go in the most sought after event in the crypto ecosystem — the BTC halving.”
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