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Bitcoin (BTC) price approached the $64,000 level while some altcoins significantly fell. Various cryptocurrency prices exhibited mixed performance. Additionally, Ethereum’s price also traded above $3,400. While the value of other top altcoins like Solana (SOL) and XRP declined, Cardano (ADA) gained significantly in value.
Bitcoin and Altcoins
The leading cryptocurrency, Bitcoin, remained above $62,000. As of Monday, March 4, Bitcoin’s price reached $63,610.46, marking a 2.52% increase. On the other hand, its trading volume surged by 59.70% to $34.46 billion in the last 24 hours. The market value of the cryptocurrency was $1.24 trillion. When considering altcoins, Ethereum’s price rose by 1.34% to $3,483.83, reaching a market valuation of $418.58 billion. ETH’s trading volume increased by 37.65%, hitting $16 billion. Binance Coin (BNB) price saw a 0.67% increase to $415.13. Moreover, its 24-hour trading volume rose by 38.10% to $1.93 billion.
Solana’s price challenged the rising momentum and fell below the $130 level. Solana’s price settled at $129.80, a 0.19% decrease. In contrast, SOL’s trading volume over the last 24 hours fell by 36.47% to $3.27 billion. XRP’s price continued to trade above $0.63 despite the recent pullback. XRP price settled at $0.6319, recording a 1.01% decrease. Moreover, XRP’s trading volume fell by 4.50% to $2.21 billion.
The Latest on Meme Tokens
Furthermore, Cardano‘s price today increased by 0.91% to $0.7467. ADA‘s 24-hour trading volume saw a significant drop of 13.85%, settling at $1.08 billion. While the highest crypto prices witnessed volatility, the meme token space was also affected. Dogecoin price rose by 10.91% to $0.1585, while its rival Shiba Inu gained 2.25% in value, trading at $0.00002277. On the other hand, the popular altcoin in the crypto markets, Pepe Coin (PEPE), recorded a massive jump and emerged as the top gainer for the day. At the time of writing, Pepe‘s price increased by 54.38% to $0.000006541, and its market value was $2.75 billion.
Additionally, its 24-hour trading volume also surged by 86.16% to $2.92 billion. A Solana-based meme token, Bonk (BONK), recorded an extraordinary increase of over 32% and ranked as one of the top crypto gainers for the day. Bonk’s price during the report rose by 32.66% to $0.00003257. Moreover, its trading volume increased by 58.11% to $1.01 billion. Bonk also reached a high of $0.00003369 during today’s rally.
