Bitcoin (BTC), the world’s oldest and most valued crypto, dipped below the $95,000 meark early Wednesday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the reds across the board as overall Market Fear & Greed Index stood at 35 (Fear) out of 100, as per CoinMarketCap data. FTX Token (FTT) became the biggest gainer of the lot, with a 24-hour jump of nearly 5 percent. Ethena (ENA) remained the biggest loser for the third consecutive day, with a 24-hour loss of nearly 13 percent.
The global crypto market cap stood at $3.15 trillion at the time of writing, registering a 24-hour dip of 2.87 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $95,883.34, registering a 24-hour gain of 0.73 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 85.09 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,677.21 marking a 24-hour jump of 1.71 percent at the time of writing. Ethereum price in India stood at Rs 2.31 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour gain of 3.46 percent, as per CoinMarketCap data, currently priced at $0.2574. Dogecoin price in India stood at Rs 21.91.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour jump of 11.96 percent. At the time of writing, it was trading at $125.60. LTC price in India stood at Rs 9,911.61.
Ripple (XRP) Price Today
XRP price stood at $2.44, seeing a 24-hour jump of 2.05 percent. Ripple price in India stood at Rs 210.46.
Solana (SOL) Price Today
Solana price stood at $201.14, marking a 24-hour dip of 0.87 percent. SOL price in India stood at Rs 17,854.07.
Top Crypto Gainers Today (February 12)
As per CoinMarketCap data, here are the top four crypto gainers over the past 24 hours:
FTX Token (FTT)
Price: $2.08
24-hour gain: 4.93 percent
Sonic (prev. FTM) (S)
Price: $0.4693
24-hour gain: 1.47 percent
Monero (XMR)
Price: $223.24
24-hour gain: 1.10 percent
Top Crypto Losers Today (February 12)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Ethena (ENA)
Price: $0.4348
24-hour loss: 12.60 percent
Celestia (TIA)
Price: $3.15
24-hour loss: 10.35 percent
Curve DAO Token (CRV)
Price: $0.527
24-hour loss: 10.04 percent
JasmyCoin (JASMY)
Price: $0.0219
24-hour loss: 9.57 percent
Litecoin (LTC)
Price: $117.34
24-hour loss: 9.31 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Edul Patel, CEO, Mudrex told ABP Live, “Bitcoin has been trading range-bound between $95,000 and $98,000. While the markets reacted mostly to the Fed chair Powell’s comments on keeping the interest rates steady, the positive remarks towards Debanking and Stablecoins were overlooked by the investors. Meanwhile, institutional activity remains strong, with Trump’s WLF launching a “Strategic Crypto Reserve” and Michael Saylor resuming Bitcoin purchases, accumulating 7,633 BTC. Currently trading at $96,000, Bitcoin must break the $98,200 resistance level to move toward the $100,000 mark.”
CoinSwitch Markets Desk noted, “Post Jermoe Powell’s comments on House Financial Services Committee digital assets-focused panel – BTC has taken a beating and is now trading below the support of 96.2k USD. The committee spoke about bringing a bill for stabelcoin issuers while also confirming that there will not be any CBDC planned for any foreseeable future. All data will be on the CPI data today now to see whether we might see a rate cut in the upcoming FOMC meeting.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “Bitcoin’s recent attempts to breach the $100,000 mark highlight the continued volatility and resilience in the crypto market. While BTC is struggling to hold above $98,000, its overall market cap remains strong, signaling sustained investor interest. The pullback in dominance suggests a shift towards altcoins, with ADA’s impressive 15% surge and the broader market cap gaining momentum. This is a clear reflection of growing optimism around regulatory clarity, particularly with the potential approval of ETFs, which is boosting investor confidence in projects beyond Bitcoin.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “The cryptocurrency market has seen a 2.21% increase overnight, with a trading volume of $97.94 billion, pushing the total market value to $3.24 trillion. Bitcoin (BTC) has gained 1.14% in the last 24 hours, with a trading volume of $34.27 billion. Despite a slight drop in the past week, BTC has surged 4.21% in the last month and boasts a YTD return of 5.24%. Technical indicators, like the MACD and 50-day EMA, suggest a positive outlook for Bitcoin, with potential resistance levels near $100,000. However, if bearish pressure prevails, BTC could drop to around $92,000.”
Shivam Thakral, CEO of BuyUcoin, said, “Donald Trump’s crypto company, World Liberty Financial (WLF), launched a strategic ‘token reserve’. WLF said its new token reserve would enable it to mitigate market volatility and empower the company. The US is now actively considering the creation of a Strategic Bitcoin Reserve (SBR), a move aimed at securing billions of dollars in Bitcoin to serve as both a financial safeguard and a bolster for the U.S. dollar.”
CoinDCX Research Team noted, “The bears continue to exert more pressure on the crypto space, with the top 2 tokens, Bitcoin & Ethereum, struggling to hold above the crucial range. Solana plunges below $200 while XRP and BinanceCoin trade above $2.4 and $600. Despite this, the traders remain bullish on Bitcoin as the exchange reserve hit a 3-year low of 2.5 million as the demand grows. Besides, the altcoin market cap has decreased by $234 billion, which can be considered an altcoin bear market and a clear disconnect with Bitcoin.”
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Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.