The world of cryptocurrencies witnessed a huge buzz today, February 22, after the prices of cryptocurrencies fell, according to data from CoinMarketCap. With the global market capitalization declining by 1.62% to a level of $1.95 trillion, there appears to be a prevailing bearish sentiment within the broader cryptocurrency market. Prominent cryptocurrencies such as Bitcoin, Ethereum, XRP, and Solana collectively saw a price decline today. This appears to come due to the massive liquidation the cryptocurrency market witnessed yesterday, according to a CoinGape Media report.
Major crypto prices today
As mentioned above, Bitcoin price continued its downward movement after today's liquidation, falling by 1.28% over the past 24 hours. Bitcoin's current price is $51,411, with a market cap of $1.009 trillion. Meanwhile, the token also saw a significant drop in 24-hour trading volume, falling by 9.45% and reaching $29.25 billion. Derivatives data also showed a 1.18% decline in Bitcoin open interest, indicating a bearish trend prevailing in the market.
On the other hand, Ethereum price saw a significant 3% decline over the past 24 hours and is currently trading at $2,918. After crossing the $3,000 mark, the second most popular cryptocurrency saw a major decline after $300 million was liquidated yesterday. At the time of writing, ETH has also seen a notable 2.87% decline in the token's market capitalization, to $350.97 billion, while 24-hour trading volume has fallen by 3.41% to $19.08 billion.
Solana's price has fallen by 3.98% over the past day and is currently trading at $102.74. The token's maximum tick fell by 3.98% to $45.29 billion, while 24-hour trading volume also fell by 13.63% to $2.23 billion. XRP, the token backed by Ripple, saw a 2.80% decline over the past day and currently stands at $0.5421. Even XRP's 24-hour trading volume decreased by 19.11%, while the market capitalization reached $29.58 billion.
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Highest cryptocurrency prices for today
Worldcoin prices rise
With a market cap of $977.89 million, Worldcoin price has risen by 4.33% over the past 24 hours and is currently trading at $7.36. The token is having an exceptional week, as the past seven days have seen a staggering 137.73% rise, according to market charts. This upward movement comes primarily from numerous factors, including whale accumulations, growing project adoptions, etc.
Pepe coin prices fall
As of the time of writing, the price of PEPE, a meme coin, has fallen by 4.21% over the past 24 hours and is currently trading at $0.000001116. The meme's market cap fell by 4.20%, to $469.54 million, while the token's 24-hour trading volume also fell by 20.89%, to $100.72 million.
Starkent stasis
After showing a massive rise, Starknet (STRK) price fell by 6.24% today, reaching $1.88. The token's trading volume saw a significant decline of 33.56%, while the market capitalization decreased by 6.08%, reaching $1.37 billion. Following the recent listing of the token on Binance, the price action appears to be fueling speculation.
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