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CoinGape 2025-02-28 04:35:27

Crypto Prices Today (Feb 28): BTC Taps $79K Low, ETH Loses $2,200

Crypto prices today (February 28) continue to face severe heat, as indicated by Bitcoin (BTC) price briefly touching a $79K low in the past 24 hours. Simultaneously, Ethereum (ETH) price tanked below the $2,200 level during early Asian hours on Wednesday. Altcoins such as XRP and Solana (SOL) also backtracked nearly 8%. The broader sector continues to face pressure in light of global trade war speculations due to Donald Trump’s new tariffs and investors’ panic selling. Crypto Prices Today: BTC, ETH, XRP, & SOL Continue To Fall Notably, the crypto market lost nearly 4% in the past 24 hours, as indicated by a shredded market cap of $2.7 trillion. Further, the market volume was down by 10.5% over the past day, reaching $138.91 billion. This data indicated that market participants continue to exercise caution amid a volatile trend. Simultaneously, cryptocurrency prices continue dealing with volatility amid over 177K traders liquidated for over $700 million intraday, per Coinglass . Also, it’s worth keeping in mind that Donald Trump’s new import tariffs on EU, Canada, and Mexico are sparking trade war tensions, impacting global markets. BTC Price Hits $79K Low Amid Crypto Market Volatility As of press time, BTC price cracked by over 5% in the past 24 hours, exchanging hands at $80,470. The flagship coin hit a bottom of $79,523 in the past 24 hours, per CoinMarketCap data. This waning action aligns with an eye-catching $365.91 million worth of liquidations in the Bitcoin market. Nevertheless, the coin’s dominance managed to stay up by 0.07%, signaling altcoins continue to face more pressure. ETH Price Slips Below $2,200 ETH price tanked over 7% in the past 24 hours, closing in at $2,152. The coin hit an intraday bottom and peak of $2,128.18 and $2,378.09, respectively. Ethereum recorded liquidations worth $166.28 million in the past 24 hours, rationalizing the slumping action. XRP Price Nears $2 Mark XRP price traded at $2.02 at the time of reporting, crashing 8% intraday. Ripple’s native coin hit a low and high of $2.02 and $2.25 over the past day. Liquidations for the same came in at $17.94 million in the past 24 hours. The crypto’s price faces heat in tandem with broader market trends. SOL Price Plunges 8% SOL price slumped 8% in the past 24 hours, closing in at $127.42. The coin hit a low and peak of $127.57 and $142.18 in the past 24 hours. Solana registered $31.69 million worth of liquidations in the past 24 hours. Nevertheless, market expert Raoul Pal shared a bullish outlook for the cryptocurrency amid market stats hinting at an oversold condition. Meme Crypto Prices In Downtrend Dogecoin (DOGE) price plummeted 8% over the past day, exchanging hands at $0.1885. The meme coin soars despite massive DOGE whale buying , sparking market concerns. Shiba Inu (SHIB) price fell 8% over the past day, reaching $0.00001332. The token drops despite an uptick in SHIB burn rate , as reported by CoinGape recently. Pepe Coin (PEPE) and TRUMP coin prices fell 12%-16%, closing in at $0.000007419 and $11.24, respectively. The meme coin sector reflects a bearish trend in sync with broader market developments. Top Gainers Crypto Prices Today Berachain (BERA) Price: $7.71 24-Hour Gains: +4% Litecoin (LTC) Price: $124.81 24-Hour Gains: +2% UNUS SED LEO (LEO) Price: $9.20 24-Hour Gains: +1% Top Losers Crypto Market Today Story (IP) Price: $5.86 24-Hour Loss: -2% Virtuals Protocol (VIRTUAL) Price: $1.01 24-Hour Loss: -12% Raydium (RAY) Price: $2.13 24-Hour Loss: -12% The crypto sector continues to face immense volatility amid macro heat and liquidity hurdles, keeping investors uncertain about future movements. The post Crypto Prices Today (Feb 28): BTC Taps $79K Low, ETH Loses $2,200 appeared first on CoinGape .

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