The global crypto market sentiment was bullish on February 14, 2023. It was a profitable day for Bitcoin (BTC), Dogecoin (DOGE), Ethereum (ETH), Solana (SOL), and other major alt coins.
Global cryptocurrency markets rose 2.52 per cent on Wednesday morning, reaching $1.03 trillion. Bitcoin (BTC) and other popular altcoins gained in value
The global crypto market sentiment was bullish on February 14, 2023. It was a profitable day for Bitcoin (BTC), Dogecoin (DOGE), Ethereum (ETH), Solana (SOL), and other major alt coins.
The global cryptocurrency market capitalisation stood at $1.03 trillion at 11 pm IST, an increase of 2.51 per cent from the previous day, according to date from coinmarket.com.
The total crypto market volume increased by 5.48 per cent to $58.80 billion over the last 24 hours.
The top trending crypto was PancakeSwap (CAKE), but the top gainer for the day was SingularityNET (AGIX), up by 26.54 per cent to $0.4592, while the top loser was Maker (MKR), down by 2.08 per cent to $732.04.
Cryptocurrency Prices
Bitcoin: The price of Bitcoin rose by 1.82 per cent to $22,130. Bitcoin has been in the green since 8.15 pm IST on February 14, 2023, after many days of losses.
In half an hour, its price rose from $21,744 to $22,280. As a result, its trading volume jumped from $23.11 billion to $25.01 billion. After that, the price of BTC has shown minimal fluctuations.
Ethereum: ETH’s price rose by 3.39 per cent to $$1,551.56.
Having traded in the red for many days, ETH crossed into the green at 2.45 pm IST on Tuesday and has remained there ever since. At 8.05 pm on February 14, 2023, its price shot up from $1,503 to $1,561 in half an hour. Its trading volume levels surged from $7.99 billion to $8.96 billion. Prices have remained relatively stable since then.
The lowest price for ETH was $1,499. ETH’s trading volume was up by 5.68 per cent to $9.25 billion.
Other Altcoins
Solana (SOL) was up by 3.49 per cent to $21.57. In the 24-hour trading, Ripple’s (XRP) price rose 3.40 per cent to $0.3812, even as its trading volume dipped 5.41 per cent.
Cardano (ADA) was up by 8.12 per cent to $0.3854. After a 50.67 per cent increase, its 24-hour trading volume reached $508 million.
Binance (BNB) rose 1.72 per cent to $297.18. Its 24-hour trading volume was down by 50.34 per cent to $640 million.
Meme Coins
Dogecoin rose 5.46 per cent to $0.08595 and its 24-hour trading volume rose by 17.38 per cent.
Shiba Inu was up by 3.42 per cent to $0.00001277.
Decentralised Finance (DeFi)
Yearn.Finance (YFI) surged 3.88 per cent, even though its 24-hour trading volume was up by 21.44 per cent.
Avalanche (AVAX) was up by 3.55 per cent to $18.06, and its 24-hour trading volume increased 7.47 per cent.
Aave (AAVE) was trading with a gain of 3.62 per cent at $84.14.