In today's crypto landscape, there's a notable uptick in market activity, with Bitcoin price today leading the charge by surpassing the $62,000 mark. Alongside Bitcoin's rise, various altcoins are also experiencing significant gains, including Ethereum, XRP, Cardano (ADA), and Shiba Inu (SHIB).
Bitcoin price today
Bitcoin's price shows a remarkable rebound, standing at $62,121.90 at the time of writing on Saturday, March 2, marking a 1.06% increase. Despite this positive momentum, Bitcoin's trading volume has decreased by 34.81% to $39.50 billion over the last 24 hours, yet it maintains a market cap of $1.22 trillion.
Ethereum price
As for altcoins, Ethereum has surged to $3,431.32, representing a 1.65% gain, with a market valuation of $412.23 billion. However, Ethereum's trading volume has dropped by 37.25% to $16.25 billion. Meanwhile, Binance Coin (BNB) has seen a 1% increase, reaching $411.08, despite a 20.20% decline in its 24-hour trade volume, which now stands at $1.57 billion.
Solana
However, not all altcoins follow this upward trajectory. Solana's price has dipped below $130, recording a 5.84% decrease, with a trade volume of $4.08 billion. Conversely, XRP has surged above $0.63, with a 6.05% gain, and a trading volume of $2.41 billion, marking a 28.61% decrease.
Cardano
Cardano has notably surged by 12.40% to $0.756, although its 24-hour trading volume has dropped by 22.72% to $1.22 billion. In the meme coin domain, Dogecoin has surged by 16.81% to $0.1421, while Shiba Inu has seen a massive 57.58% surge, trading at $0.0000202.
In addition to these well-known cryptocurrencies, meme coins like Pepe Coin (PEPE) and Dogwifhat (WIF) have also seen significant increases. Pepe Coin has surged by 53.04% to $0.000004216, with a market valuation of $1.77 billion, and a trade volume increase of 173.52% to $1.95 billion. Dogwifhat has rallied by over 37%, reaching $1.23, with a trade volume spike of 70.30% to $379.99 million.