As Bitcoin (BTC) crossed $43,000 again, major altcoins also recorded a significant rise. Major crypto prices were in the green today. In addition, Ethereum, the second largest crypto by market cap, also reached $2,300 today. However, he continues his struggle to maintain this. Additionally, XRP price rose above the $0.50 mark during the session. In addition, Pyth Network’s native token, PYTH, started its rally.
Performance of BTC and major cryptocurrencies
Bitcoin price regained momentum thanks to the recovery. BTC price is up 2.66%, reaching $43,012.93 at the time of writing on Friday, February 2. On the other hand, transaction volume decreased by 22.62% in the last 24 hours, falling to 19.77 billion dollars. Meanwhile, the crypto had a market cap of $843.44 billion Turning to altcoins, Ethereum price rose 1.62% to $2,299.22 as of press time, with a market cap of $276.32 billion. However, ETH recorded a 27.03% decrease in trading volume, reaching $8.05 billion. Binance Coin (BNB) price gained 1.12% to $302.19. The 24-hour trading volume of the token decreased by 14.32% to $719.57 million.
Moreover, Solana price increased by 5.43% to $99.07. However, SOL saw a 33.76% decrease in trading volume in the last 24 hours, falling to $2.58 billion. Moreover, XRP price has recovered significantly. XRP price recorded a gain of 1.73% and reached $0.5064. However, XRP’s trading volume dropped by 32.65% to $906.28 million. Meanwhile, Cardano price increased by 3.22% to $0.5068. On the contrary, it recorded a 27.49% decrease in 24-hour trading volume, falling to $343.71 million. In the meme coin space, Dogecoin price increased by 1.38% to $0.07983. Dogecoin’s biggest rival, Shiba Inu, recorded a 1.46% increase in value. Thus, it last traded at $0.000009036.
Noteworthy ones in the market
Pepe Coin started to recover
Pepe Coin (PEPE), a trending meme coin, has made a recovery. As of press time, Pepe Coin price was up 2% to $0.0000009254. Thus, the market value became $389.24 million. In contrast, 24-hour trading volume dropped by 45.92% to $51.2 million.
Pyth Network started the rally
Solana Ecosystem’s Pyth Network (PYTH) witnessed a notable rise today. The token has emerged as the highest-earning cryptocurrency today. PYTH price is up 29.16% to $0.5121 at the time of writing. In addition, transaction volume increased by a whopping 69% to $142 million. Moreover, Pyth Network continues to trade at its peak amid the rally today.
An upward move came from FTX Token
Struggling crypto firm FTX’s FTX Token (FTT) jumped 21% at one point on Friday. The token rose to $2.30 during the day. However, it later lost altitude. Meanwhile, the token’s trading volume dropped 51.2% to $83.22 million. At the time of writing, FTT was trading at $1.96, up 7.9% on the day.
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