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Reading: Historic Milestone for Bitcoin as Prices Reach $50,358 After Three Years
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COINTURK NEWS > Cryptocurrency News > Historic Milestone for Bitcoin as Prices Reach $50,358 After Three Years
Cryptocurrency News

Historic Milestone for Bitcoin as Prices Reach $50,358 After Three Years

In Brief

  • Bitcoin hits $50,358, maintains above $49,000 after a slight pullback.

  • Ethereum surpasses $2,600; XRP and Solana also experience gains.

  • Market cap nears $1 trillion; meme coins Dogecoin and Shiba Inu rise.

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COINTURK NEWS 2 years ago
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Bitcoin (BTC) has reached a historic milestone, hitting $50,358 after a significant surge, a level not seen in three years. Even after a slight retreat, the price seemed to maintain stability above the $49,000 mark. Meanwhile, Ethereum left the $2,600 level behind. A rise was also observed in the market’s high-volume altcoins, XRP and Solana (SOL).

Contents
Today’s Leading Crypto PricesToday’s Top Crypto Prices

Today’s Leading Crypto Prices

Bitcoin‘s price has slightly retreated from the $50,000 mark achieved yesterday but continues to hold above $49,000. The price of Bitcoin appears completely neutral and, as of the writing time on Tuesday, February 13, is trading at $49,914.

On the other hand, the trading volume has seen a 75.24% increase in the last 24 hours, reaching $34.16 billion. Concurrently, the market cap also rose to $980.34 billion, edging close to the $1 trillion mark.

Looking at altcoins, Ethereum‘s price at the time of writing has increased by 6.12%, trading at $2,649.41, with its market value rising to $318.41 billion. ETH’s trading volume has also seen a 101.47% increase, settling in the $14.28 billion region.

Solana‘s price has risen above $110 today. With a 7.91% increase, Solana’s price has climbed to $114.16. Additionally, SOL’s trading volume in the last 24 hours has seen an 83.54% increase, reaching $2.80 billion.

The price of XRP, one of the closely watched altcoins in the market, reached $0.53 but then slightly retreated. Nevertheless, this situation is gradually distancing the altcoin from the vital support level of $0.5.

XRP saw a 1.65% gain, rising to $0.5287. Moreover, XRP’s 24-hour trading volume has increased by 35.20%, reaching $1.01 billion.

At the top of the meme coins, Dogecoin‘s price rose by 2.11% to $0.08217, while its closest competitor Shiba Inu found buyers at $0.000009576, marking a 2.72% increase in value.

Today’s Top Crypto Prices

ORDI stood out as the best-performing altcoin in the CMC listings over the last 24 hours. At the time of writing, it had risen over 14%, trading above the $70 level. The market cap of the altcoin also surged over 14%, exceeding $1.3 billion. The 211% growth in trading volume was an indicator of how much interest investors had in the altcoin.

Another notable gaming token, Beam (BEAM), experienced an increase of over 13% on Tuesday, pleasing its investors. Beam‘s price rose to $0.02982 following the surge, with its volume reaching $1.52 billion. At the same time, its trading volume also increased by 41.96%, surpassing $119.13 million.

You can follow our news on Telegram, Facebook & Coinmarketcap & X
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 13 February, 2024 - 9:11 am 13 February, 2024 - 9:11 am
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