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coinpedia 2025-02-10 06:22:29

Crypto Market Today (10th Feb 2025): BTC & Altcoins Tumble Ahead of the U.S. CPI & PPI?

Crypto Market Today (10th Feb 2025): BTC & Altcoins Tumble Ahead of the U.S. CPI & PPI?

The post Crypto Market Today (10th Feb 2025): BTC & Altcoins Tumble Ahead of the U.S. CPI & PPI? appeared first on Coinpedia Fintech News Investors and traders in the crypto market have been cautious about their moves, as the crypto market braces for the release of U.S CPI and PPI data. Amid the downturn, the market cap of the business has dipped by 0.95% in the last 24 hours to $3.16 trillion. The trading volume on the other hand surged by 34.33% to $99.25 billion. Considering the present market dynamics, the Fear & Greed Index remains in the “Fear” zone at 35, highlighting uncertainty in the business. Bitcoin and Ethereum Hold Crucial Levels Bitcoin price today has been relatively stable at $97,119.34 with a marginal price decline of 0.04% since yesterday. With a market cap of $1.924 trillion, its dominance in the industry has slightly weakened by 60.78%. That being said, despite the dip in its price tag, BTC’s healthy trading volume of $33.15 billion suggests continued investor engagement. Explore our Bitcoin Price Prediction 2025, 2026-2030 for a peek into BTC’s future trajectory. Talking about the largest altcoin, Ethereum, has shed about 1.16% since the last day to change hands at $2,633.90. However, on-chain data highlights that the Ethereum accumulation has hit a record high of 330,705 ETH, worth about $883 million on February 7th. SOL & XRP Slip, While LTC Spikes Solana’s price faced a notable 2.22% decline on its daily chart to $201.74, while XRP tumbled 3.67% to $2.39. However, Litecoin emerged as the biggest gainer, soaring by 5.96% to $113.47 in 24 hours. FET and INJ followed with gains of 2.98% and 2.71%, respectively. Also read our XRP Price Prediction 2025, 2026-2030 to see where XRP is headed next! Meanwhile, the biggest losers include Official Trump, which plunged 13.17% to $15.36, followed by DeXe dropping 11.85% to $19.39, and RAY falling 11.52% to $4.62. FAQs How much is 1 Bitcoin worth today? Bitcoin is presently priced at $97,119.34, with a slight 0.04% decline in the past 24 hours. Which cryptocurrency gained the most today? Litecoin is the top gainer with a 5.96% increase, now trading at $113.47. Why is Ethereum accumulation rising despite a price drop? Ethereum accumulation has reached 330,705 ETH, worth $883 million, as institutional investors and whales continue to buy during price dips, anticipating long-term growth.

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