Cryptocurrency prices saw a positive turn today, with Bitcoin approaching $56,000 and Ethereum surging above $3,200, while other altcoins gained ground.
Story Highlights
Bitcoin surged more than 8% towards the $56,000 level.
Ethereum continued to rise and reached the $3,200 mark.
Solana, Cardano, XRP, and Pepe Coin all saw significant gains.
Today, top cryptocurrencies saw a strong bullish move, with Bitcoin (BTC) surging more than 8% to near $56,000, while several altcoins surged. In addition, Ethereum surged past the $3,200 mark, its biggest milestone achieved in two years. Meanwhile, other top altcoins such as Cardano (ADA), XRP, Solana (SOL) surged in value.
Major cryptocurrency prices today
Earlier, the price of Bitcoin surpassed the $56,000 level. As of Tuesday, February 27, the price of Bitcoin increased by 8.63% to $55,960.08. On the other hand, the trading volume surged by 213.96% in the past 24 hours to $45.06 billion. Meanwhile, the market capitalization of cryptocurrencies reached $1.09 trillion.
Looking at altcoins, Ethereum prices surged 3.78% to $3,220.67 at press time, with a market cap of $386.96 billion. Meanwhile, ETH trading volume soared 54.70% to $21.26 billion. Meanwhile, Binance Coin (BNB) prices rose 3.59% to $399.15. In contrast, its 24-hour trading volume grew 58.36% to $2.16 billion.
Solana price inched closer to the $110 mark. Solana price rose 6.27% to close at $109.80. In addition, SOL’s trading volume surged 215.36% to $2.92 billion in the past 24 hours. Meanwhile, XRP price traded above $0.55. XRP price rose 2.98% to close at $0.5553. In addition, XRP’s trading volume grew 93.61% to $1.39 billion.
Meanwhile, Cardano price rose 6.57% today to $0.623. Additionally, ADA’s 24-hour trading volume surged by $114.81 to close at $712.62 million. As the top cryptocurrencies rose in price, the memecoin space also rose. Dogecoin price surged 5.42% to $0.09009, while its competitor Shiba Inu’s value rose 4.29% to trade at $0.00001021.
Today's highest cryptocurrency price is
Pepe Coin surges 52%
Pepecoin (PEPE) cryptocurrency, a popular meme cryptocurrency, has seen a sharp rise in its share price, becoming the largest cryptocurrency gainer today. As of press time, the price of Pepecoin has risen sharply by 52.09% to $0.000002108, with a market valuation of $885.67 million. In addition, its 24-hour trading volume soared by 338.64% to $722.99 million.
Python Network Surges 34%
Pyth Network (PYTH) has seen its PO surge by more than 33%, making it one of the biggest cryptocurrency gainers today. As of press time, PYTH price surged 33.71% to $0.7467. Also, its trade volume surged 493.44% to $314.11 million. Furthermore, the PYTH cryptocurrency reached a high of $0.7488 during today’s rally.