In the last 24 hours, the largest cryptocurrency prices have indicated an upward trend. Bitcoin (BTC) price is approaching the $68,000 level while other altcoins have gained significantly in value. Additionally, the price of Ethereum is nearing $3,700. Meanwhile, other top-tier altcoins such as Solana (SOL), Ripple (XRP), Cardano (ADA) have also made substantial gains.
Bitcoin Maintains Strength Above $67,000
Bitcoin (BTC) price has remained strongly above $67,000. At the time of writing, on Tuesday, March 5th, Bitcoin’s price reached $67,414.65, a 5.99% increase. On the other hand, the trading volume has increased by 107.04% in the last 24 hours, reaching $71.35 billion. The market value of the cryptocurrency was $1.35 trillion. Looking at altcoins, Ethereum’s price saw a 5.72% increase to $3,683.19, with a market valuation of $442 billion.
ETH’s trading volume increased by 80.87%, reaching $28.94 billion. In addition, Binance Coin (BNB) price rose by 2.07% to $423.61. The 24-hour trading volume also increased by 19.34%, reaching $2.30 billion. Solana’s price has returned to the $130 level. Solana’s price settled at $130.17, a 0.30% decrease. SOL’s trading volume in the last 24 hours increased by 44.16%, reaching $4.71 billion. Meanwhile, XRP’s price rose above the $0.64 level due to the recent recovery.
Cardano’s Trading Volume Jumps by 50%
XRP’s price recorded a 1.34% increase, settling at $0.6403. Furthermore, XRP’s trading volume saw a 90.55% increase, reaching $4.21 billion. In addition, Cardano’s price rose by 1.99% to $0.7617. ADA‘s 24-hour trading volume recorded a significant increase of 50.23%, reaching $1.62 billion. While the largest crypto prices are witnessing rises, the meme token space is also being monitored.
Dogecoin price increased by 18.70% to $0.1851, while its rival Shiba Inu saw a significant increase of 68.27%, trading at $0.00003834. A trending meme token, Pepe Coin (PEPE), gained substantial value. At the time of writing, Pepe‘s price rose by 8.87% to $0.000007115, with a market value of $2.98 billion. The 24-hour trading volume also increased by 42.79%, reaching $4.17 billion.
