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BTC Slips, ETH & Meme Coins Surge, QTUM Up 40%

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1 month ago

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The crypto prices on Saturday have shown mixed actions as broader macroeconomic events unfolded. Bitcoin (BTC) price showcased a waning movement to reach $102K, whereas Ethereum (ETH) and meme coins witnessed an upward intraday action. Simultaneously, QTUM emerged as the leader of the sector today, witnessing a staggering 40% uptick in value.

Let’s take a closer look at some of the most trending coins for the day and broader market developments.

Crypto Prices Today (February 1): BTC Wanes, ETH & Meme Coins Up

The broader crypto market appears to be digesting the latest PCE inflation data release, which showed a 2.6% increase for December (YoY), per BEA data. Simultaneously, BTC price witnessed a waning action to reach $102K. Further, the global cryptocurrency market cap saw a 1.3% decrease to $3.49 trillion.

However, ETH and meme coins like DOGE, SHIB, and PEPE have illustrated rising trajectories, sparking market speculations. Besides, the global market volume also rose by nearly 16% intraday to reach $121.57 billion.

BTC Price At $102K

BTC price witnessed a 2% drop at the time of reporting, reaching $102,273. Its intraday low and high were $101,543.88 and $106,026.35, respectively. Bitcoin’s dominance sipped 0.16% from yesterday, reaching 58.08%. Further, U.S. spot Bitcoin ETFs recorded only $241.28 million worth of inflows over the past week, per Sosovalue data of Jan 30 that excludes BlackRock data. The flagship crypto sees volatility amid reduced institutional interest and broader macroeconomic data release.

ETH Price Jumps

However, ETH price has gained nearly 2% in the past 24 hours, reaching $3,290. The coin’s intraday bottom and peak were $3,214.94 and $3,437.57, respectively. Notably, the rising trajectory comes against the backdrop of massive buying by ETH whales. Nevertheless, it’s also worth mentioning that U.S. Ethereum ETFs registered outflows worth $73.29 million over the past week, per SosoValue data as of Jan 30 that excludes BlackRock.

XRP Price Today

Besides, XRP price slipped nearly 2% over the past day and is currently resting at $3.04. The coin’s 24-hour low and high were $3.01 and $3.11, respectively. Intriguingly, despite the asset’s price consolidation near the $3 mark over the days, a massive rally looms, per XRP price analysis by CoinGape. With historical trends in mind and the odds of an XRP ETF approval gaining weight, investors remain bullish over future movements.

Solana Price Drops

SOL price also witnessed a nearly 2% dip in value and is currently trading at $231. The coin’s intraday bottom and peak were $228.48 and $241.67, respectively. The current sluggish movement is primarily attributed to the broader market trend.

Meme Crypto Prices Today

Besides, the meme crypto sector glimmers immense optimism on Saturday. Notably, DOGE price witnessed a slight gain of 0.5% and traded at $0.3279. Further, SHIB price gained by a notable 2.5% to reach $0.00001903. Also, PEPE price surged by a whopping 7.5% intraday, reaching $0.0000138. Overall, the leading meme coins showcased a rising action despite the broader market trend.

Top Crypto Gainer Prices Today

QTUM

Price: $3.98
24-Hour Gains: +40%

Pudgy Pneguing (PENGU)

Price: $0.01639
24-Hour Gains: +13%

LidoDAO (LDO)

Price: $2.30
24-Hour Gains: 12%

Neo (NEO)

Price: $14.93
24-Hour Gains: +10%

Top Crypto Loser Prices Today

Fartcoin (FARTCOIN)

Price: $0.8936
24-Hour Loss: -14%

Official Melania Meme (MELANIA)

Price: $1.84
24-Hour Loss: -10%

SPX6900 (SPX)

Price: $1.17
24-Hour Loss: -8.%%

Onyxcoin (XCN)

Price: $0.03169
24-Hour Loss: -7%

Nevertheless, future prospects for the broader market remain bullish as market experts believe the bull cycle has yet to peak. Renowned expert Michaël van de Poppe posted on X, despite the rising inflation, stating that it is very “hard to say that the bull market has peaked.” This statement comes as Michaël spotlights how institutions and the entire U.S. government is interested in Bitcoin and adopting Web3.

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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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Altcoin

BTC Backtracks To $83K, Altcoins Crash Harder

Published

2 hours ago

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March 4, 2025

By


Crypto prices today (March 4): Bitcoin (BTC) price once again crashed to the $83K level on Tuesday, reversing recent gains post-Donald Trump’s crypto reserve announcement. Ethereum (ETH), XRP, and Solana (SOL) prices also crashed 14%-20% intraday. Notably, this waning action comes amid broader trends, such as the crypto market witnessing a bloodbath amid massive liquidations and broader trends.

Crypto Prices Today: Here’s Why BTC, ETH, XRP, & SOL Slumped

Notably, CoinGape reported that the current crypto market crash is attributable to BTC facing the heat amid CME gaps and coins facing liquidity setbacks. The cryptocurrency sector lost nearly 10% value, as indicated by a global market cap of $2.76 trillion.

Coinglass data indicated that liquidations in the past 24 hours totaled slightly over $1 billion. In turn, BTC, ETH, XRP, and SOL prices face immense heat despite Donald Tyump’s optimistic crypto reserve announcement.

BTC Price Reverses Gains

BTC price once again backtracked to $83,738 on Tuesday, falling nearly 10%. The flagship coin hit an intraday low and high of $82,467.24 and $93,664.05, respectively. Bitcoin’s price has dipped amid $396.16 million worth of liquidations in the past 24 hours. Nevertheless, the coin’s market dominance remained up by 0.68% to 60.40%, signaling altcoins bore the brunt of broader trends.

ETH Price Crashed 15%

ETH price tanked nearly 15% in the past 24 hours, closing in at $2,076. The coin’s intraday bottom and peak were $2,004.21 and $2,453.65, respectively. Ethereum’s waning action falls in line with $209.58 million liquidated in the past 24 hours. The second-largest crypto by market cap further saw its dominance slipping to 9.1% amid broader sector volatility.

XRP Price Plunges 18%

XRP price crashed 18% in the past 24 hours, exchanging hands at $2.29. The coin hit a bottom and peak of $2.23 and $2.82 over the past day. The Ripple-backed asset’s slumping action aligns with $62.88 million liquidated in the past 24 hours.

SOL Price Drops 20%

Solana price crashed even harder, losing 20% value and trading at $136. Its intraday bottom and peak levels were $134 and $170, respectively. Solana recorded liquidations worth $70.55 million, aligning with the volatile intraday action.

Meme Crypto Prices Mirror Downtrend

Simultaneously, Dogecoin (DOGE) price cracked over 15% and exchanged hands at $0.1917. Shiba Inu (SHIB) price plummeted 13% in a day, reaching $0.00001260. Also, Pepe Coin (PEPE) price crashed 18% and is sitting at $0.000006907.

Overall, the meme coin market is primarily following the broader market trend, with DOGE recording over $20 million in liquidations today.

Top Gainer Crypto Prices Today

Pi (PI)

Price:
24-Hour Gains:

PAX Gold (PAXG)

Price:
24-Hour Gains:

Tether Gold (XAUt)

Price:
24-Hour Gains:

Top Loser Crypto Prices Today

Cardano (ADA)

Price: $0.7998
24-Hour Loss: -25%

Sonic (S)

Price: $0.5419
24-Hour Loss: 25%

Official Trump (TRUMP)

Price: $12.31
24-Hour Loss: -23%

Overall, the current market sentiment remains uncertain as crypto prices faced severe volatility despite a strategic crypto reserve announcement by Donald Trump.

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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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Altcoin

Solana Price Selloff Ahead as FTX Estate Receives $430M SOL?

Published

8 hours ago

on

March 3, 2025

By


Solana price is in the spotlight as the wallets linked to the bankrupt FTX Derivatives Exchange have received a massive SOL stash in a significant headwind for the coin. According to an update from Arkham Intelligence, the wallets tied to the FTX and Alameda Research Estate received 3.033 million Solana from an unidentified address.

FTX Estate and Solana Selloff Trend

According to the Arkham Explorer on X, the received Solana was worth $430.47 million. The funds entered the FTX Estate at block height number 324383268 with a negligible total fee of 0.0001 SOL.

Whale Alert, a crypto data platform, highlighted that the Solana transfer came in two tranches. The first featured a 1,928,763 SOL worth $305,670,852, and the second involved a 1,102,953 SOL valued at $174,796,295.

While the Whale Alert update did not identify who the receiving wallet “2jN7TS…5wThPF” is linked to, it aligns with the one from Arkham Intelligence. With the transfer, industry leaders have started speculating what the movement might be for and its impact on Solana’s price.

Solana Price and FTX Selloff

As reported by CoinGape, the FTX Estate was on schedule to liquidate SOL worth up to $27 million, a development that placed Solana’s price under pressure. While the repayment of its creditor came with the need to liquidate some of its stash, the outlook marks a significant headwind for the coin.

Meanwhile, at the time of writing, the SOL price was $140.88, down 19.46% in the past 24 hours. The coin has traded within a tight range, from a high of $178.63 to a low of $139.43 amid a broader crypto market crash.

Solana’s price has faced more volatile trends in the past few weeks and is now down by over 52% from its all-time high (ATH) of $294.33. Despite this headwind, VanEck predicted SOL Price will hit $520 this year, riding on its growing decentralized finance and memecoin ecosystems.

Triggers to Watch for SOL Price

The FTX headwind has yet to clear, with more payouts scheduled for April. While the price of Solana navigates the uncertainty in the macro ecosystem, the coin’s investors have an anchor to watch out for.

The growing application for a Solana ETF product remains a major catalyst that can fuel a rally in the asset’s price. If approved by the United States Securities and Exchange Commission (SEC), the institutional adoption of the coin can help reboot the price to its ATH.

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Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.

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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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XRP Price Forms Triangle Pattern As Bulls Target $3 Breakout

Published

9 hours ago

on

March 3, 2025

By


XRP price is consolidating within a Wave 4 formation, maintaining a structured pattern that aligns with technical expectations. The top altcoin has bounced off a key support level, now forming a triangle pattern, suggesting a period of price compression before a breakout.

Analysts are watching the $3.05 resistance level, as a decisive move above this point could open the door to higher targets.

XRP Price Triangle Formation Holds

Analyst Casi Trade shared on X (formerly Twitter) that XRP price is holding support at $2.565 within a Wave 4 consolidation, respecting a triangle formation. The altcoin has remained within this pattern, which traders expect to lead to a breakout.

Technical analysis suggests that if XRP price can break through the $3.05 resistance level, it may gain momentum toward $3.57. This area aligns with the 1.0 Fibonacci extension and the upper trendline, marking a key test for bullish continuation. However, if the altcoin fails to maintain support at current levels, further downside movement could be observed.

Therefore, market investors are monitoring whether XRP price will continue consolidating within the triangle or initiate a breakout move. Price compression within this structure often precedes a surge in volatility, making the upcoming sessions critical.

Notably, supporting the bullish outlook, earlier on, another analyst predicted XRP price could hit $70 in the coming years. The altcoin price prediction aligns with growing market confidence and rising futures interest. With strong support and key resistance levels ahead, XRP price trajectory remains a hot topic among investors.

Wave 2 Pullback Expected After Breakout

If XRP price successfully surpasses $3.05 and reaches new highs, analysts anticipate a Wave 2 retracement before further upward movement. The expected pullback range is between $2.40 and $2.50, depending on the eventual high of the current trend.

XRP priceXRP price
Source: X

Wave 2 corrections are a normal part of price movements in Elliott Wave Theory, often providing a re-entry opportunity before the next bullish wave unfolds. The next key milestone for XRP will be determining the depth of the pullback and whether buyers step in to support higher lows.

A breakout followed by a retracement would confirm the start of a new trend cycle. If buying momentum remains strong, traders may look toward levels beyond previous all-time highs.

Whales Accumulate as Market Sentiment Shifts

Moreover, on-chain data indicates that large investors have accumulated nearly 1 billion XRP in the past 24 hours. Analyst Ali Martinez highlighted data from Santiment showing a sharp decline in whale holdings, followed by a significant recovery.

XRP whalesXRP whales
Source: X

The accumulation pattern suggests that whales used a recent price dip to purchase large amounts of XRP, positioning for an upward move. Wallets holding between 10 million and 1 billion XRP saw fluctuations, with a recent surge indicating renewed buying interest.

Institutional and high-net-worth investors often influence market trends, and their activity in the current consolidation phase suggests confidence in future price appreciation. If accumulation continues, XRP price may gain additional support for an eventual breakout past the $3 Ripple price target.

Meanwhile, XRP whales may have taken advantage of the recent crypto market crash to accumulate more tokens at lower prices. As Bitcoin filled key CME gaps, altcoins like XRP followed the downtrend due to their strong correlation. However, analysts suggest that once these gaps are filled, the market could see a potential rebound.

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Ronny Mugendi

Ronny Mugendi is a seasoned crypto journalist with four years of professional experience, having contributed significantly to various media outlets on cryptocurrency trends and technologies. With over 4000 published articles across various media outlets, he aims to inform, educate and introduce more people to the Blockchain and DeFi world. Outside of his journalism career, Ronny enjoys the thrill of bike riding, exploring new trails and landscapes.

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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