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BTC Jumps To $97K, ETH Gains 6%, & CAKE Soars 59%

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The crypto prices on Thursday echoed considerable optimism among traders and investors globally, embarking on rising trajectories. Bitcoin (BTC) price pumped to regain a hold above $97K, whereas Ethereum (ETH), XRP, and Solana (SOL) also traded dominantly in the green territory intraday. Intriguingly, PancakeSwap (CAKE) led the market gains today, surging by a staggering 59%.

Here’s a brief collection of the most buzzworthy coins for the day and how they are performing in the market.

Crypto Prices On February 13: BTC & Altcoins Rise Despite Hot US CPI

Despite the U.S. CPI data coming in hotter than expected for January (at a 3% YoY basis), the crypto market has shown signs of recovery, sparking speculation among traders and investors globally. For context, usual market sentiments convey concerns surrounding risk assets like crypto amid rising inflation data.

However, BTC and altcoins took an upward trajectory, with the global cryptocurrency market cap rising 2.91% to $3.23 trillion. Further, even the global market volume saw a 24.91% increase to $130.06 billion.

Bitcoin Price Jumps 2% To $97K

BTC price witnessed a 2% uptick in the past 24 hours and is now trading at $97,539. The coin’s intraday low and high were $94,101.20 and $98,151.03, respectively. Bitcoin’s dominance over the past day witnessed a 0.54% decline, indicating that altcoins led the market gains today.

Ethereum Soars 6%

ETH price witnessed a 6% pump in value in the past 24 hours and is now trading at $2,742. The coin’s 24-hour low and high were $2,551.17 and $2,794.87, respectively. Intriguingly, the coin soars alongside the broader crypto market trend, while 21Shares’ recent proposal to offer services related to staking on spot ETH ETF products appears to have further boosted the market sentiment.

SOL & XRP Follow Crypto Market Trend

Simultaneously, SOL and XRP prices have mimicked the broader market trend, trading in the green zone today. XRP price gained nearly 4% in the past 24 hours and is now trading at $2.48. Its intraday bottom and peak were $2.35 and $2.49, respectively. SOL price jumped nearly 1% intraday and is now sitting at $197.55. The coin’s intraday low and peak were $189.61 and $198.45, respectively.

Meme Crypto Prices Today

Also, Dogecoin (DOGE) price surged above 5% over the past day, reaching $0.2646. Further, Shiba Inu (SHIB) rose by 8% to $0.00001682. Even PEPE & TRUMP prices increased by 2%-7%, reaching $0.00001012 and $15.60, respectively.

Top Crypto Gainer Prices Today

PancakeSwap (CAKE)

Price: $3.15
24-Hour Gains: +59.21%

Onyxcoin (XCN)

Price: $0.0253
24-Hour Gains: +22%

Jito (JTO)

Price: $3.07
24-Hour Gains: +17%

Top Crypto Loser Prices Today

Bitget Token (BGB)

Price: $5.93
24-Hour Loss: -5%

DeXe (DEXE)

Price: $18
24-Hour Loss: -4%

Helium (HNT)

Price: $3.77
24-Hour Loss: -1%

Overall, the broader crypto market today remains optimistic as prices show signs of a potential recovery. Besides, crypto analyst Ali Martinez highlights on X that the current resistance for BTC is at $97,530, although the coin traded above this level as of press time. A sustained momentum above this could result in further gains, driving broader market growth back near previous highs.

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Bitcoin Price Soars Despite US PPI Dampens Crypto Market Sentiment

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The much-awaited US PPI data today showed that the inflation has advanced 3.5% in January, up from the prior month’s figure of 3.3%. This gloomy data, after the recent hotter-than-anticipated US CPI inflation figures, has further added pressure on the crypto market traders. However, with an unexpected twist, Bitcoin price has surged crossing the brief $96K mark.

Bitcoin Price Soars After US PPI Release

The latest US PPI Inflation data by the Labor Department has fueled concerns over a potential Bitcoin price crash ahead. However, it appears that the investors have shrugged off the inflationary concerns, as evidenced by the recent surge in BTC.

Meanwhile, the latest data showed that the US PPI advanced 3.5% on a year-over-year basis (YoY) in January, up from 3.3% in the prior month. The inflation on a monthly basis came in at 0.4%, up from the prior month’s figure of 0.2%. Notably, the latest data exceeds Wall Street expectations.

Simultaneously, the Core PPI, which excludes the food and energy prices, came in at 3.4% as compared to December’s figure of 3.3%. On the other hand, the Core PPI on a MoM basis rises to 0.3% from 0.1% recorded in the previous month. The market was expecting the Core PPI to come in at 3.3% and 0.2%, respectively.

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Rupam Roy

Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam’s expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news.
Rupam’s career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Bulletproof No More? Russian Zservers Sanctioned For Alleged LockBit Crypto Crimes

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International authorities are ramping up their efforts to stop groups and individuals using the LockBit ransomware to target unsuspecting users. The latest was the crackdown on the Russia-based Zservers, a bulletproof hosting service provider that allegedly had links with the LockBit cryptocurrency ransomware group.

In a media statement, the Australian Federal Police (AFP) shared that they have worked with the US and the UK to freeze the assets that belong to Zservers and its affiliate company, XHOST Internet Solutions LP, and ban international travel for six persons.

According to the AFP report, over 200 crypto accounts allegedly owned by the group have been frozen by the authorities, cutting the group’s source of funding and profits.

Zservers Hit With Sanctions

Zservers, a bulletproof hosting (BPH) service provider based in Russia, is now facing sanctions for its links with the LockBit gang. LockBit is a Russian group known for deploying one of the most dangerous ransomware attacks in recent years.

In November 2023, the group targeted the Industrial Commercial Bank of China. Multiple reports show that China’s biggest lender paid ransom after the hacking. The hackers were successful, and the bank’s corporate emails stopped working, forcing employees to use Gmail.

A Bulletproof hosting (BPH) service provider, like Zservers, offers access to specialised servers and infrastructure designed to cloak operators, evade detection, and skirt the law.

Total crypto market cap currently at $3.07 trillion. Chart: TradingView

According to the US Treasury Department, this type of company often sells tools for bad actors that can hide identities, locations, and online identities. Bradley Smith of the US Treasury explained that companies like Zservers enable criminals to attack the US and other countries’ online infrastructure.

What Is The LockBit Ransomware And How Does It Work?

LockBit works as a “ransomware-as-a-service” product, which means that any individual or group, even without tech skills, can buy and use its ready-made ransomware program and target unsuspecting users.

Ransomware is a malicious software that can attack devices and networks and encrypt files and data, making them worthless.

Traditionally, hackers and cybercriminals use ransomware to demand payments from victims in exchange for recovering lost or encrypted data. Often, victims will pay the ransom in cryptocurrency.

Crypto Addresses Owned By Zservers Administrators Now Sanctioned

As part of the authorities’ crackdown, the assets of Zservers’ administrators are currently on hold. According to reports, six individuals were targeted, including two Zserver administrators, Aleksandr Sergeyevich Bolshakov and Alexander Igorevich Mishin, who are involved in LockBit’s crypto transactions.

According to Chainanalysis, a crypto address associated with Minchin and three other wallets owned by the company are now under the control of the US Treasury’s Office of Foreign Assets Control (OFAC), meaning they’re subject to sanctions.

The office also shared that the group have laundered around $7 billion worth of crypto using 44 Tordano Cash addresses.

Featured image from Gemini Imagen, chart from TradingView





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AI Crypto Presales Become Sizzling Hot As OpenAI Wakes Up With GPT-5 On The Way

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Deepseek’s sudden aggressive arrival on the AI scene has seemingly woken OpenAI out of its deep slumber.

All of a sudden, GPT 4.5 and GPT 5 are due to be released to the public soon, and Elon Musk wants to buy OpenAI – an offer that was rebuffed by their CEO, Sam Altman.

All of this made-for-TV AI drama has sparked even more investor interest in AI crypto, with most of them currently showing nice bullish profit signs.

Therefore, now is the ideal time to get into some juicy AI crypto presales and hopefully make a few bucks before AI becomes sentient.

MIND of Pepe – The AI Crypto Coin That Wants To Give You An Investment Edge

The problem is, there are a lot of AI crypto coins out there. So which ones are the gold nuggets and which ones are the vegan chicken nuggets?

MIND of Pepe

How about a new crypto AI coin that wants to give you unique investment insights and give you an edge over everyone else? If that sounds like your kind of thing, then take a look at MIND of Pepe ($MIND). Yes, that Pepe.

It seems that the Pepe family are very busy these days with the meme coins business. After first being unchained, then taking Wall Street by storm, their current project is diving into the hive mind of the internet and listening to crypto-related conversations on places like X (formerly Twitter).

MIND of Pepe will analyze all the buzz, figure out all the trends, and break down all the positive and the negative bits of information. Then it will all be presented to $MIND token holders in the form of exclusive investment recommendations.

$MIND token holders will also get early access to new token projects and features. As AI continues its unstoppable forward momentum, getting early access to new cutting-edge AI technologies in the future will be a must-have.

Get MIND of Pepe AI Tokens With a 384% Staking APY

All of these offers makes MIND of Pepe one of the best presales currently out there. The good news is that the price is $0.0033188 right now, which is a very low-cost, low-risk barrier to dipping your toes into the AI waters.

Mind of Pepe

The cherry on top is a sweet staking APY of 384% which is going down each day as investors jump in with both feet.

So today would be a fine day to start buying these AI coins and get an edge over your uncle who thinks he’s going to be rich soon with this ‘AI thing.’

As well as MIND of Pepe, also take a look at some more of our AI crypto recommendations. Some good ones include ai16z ($AI16Z), Freysa (FAI), and Virtuals Protocol ($VIRTUALS).

Before Buying AI Coins, Remember To Do Your Research!

We get it, AI is exciting stuff and you want to invest in the future. But so is keeping a roof over your head and not emptying out the pension fund.

Therefore, the golden rule of crypto investing is to never spend money you can’t afford to potentially lose. Crypto investing is fun but not when you’re broke.

We pride ourselves on our expert analysis of the best altcoins. But nevertheless, don’t ever take only one person’s word for it. Consult lots of sources, ask lots of questions, and come to your own decisions. Then maybe start off with a small investment first to see how it goes?



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