The encrypted currency market witnessed mixed movements on February 21, with Bitcoin (BTC) crossing $ 98,000, while ETHEREM (ETH) and Solana (Sol) crossed modest gains.
The total global marketing value of encryption was 3.23 trillion dollars, increasing about 1 % from the previous day.
Meanwhile, the total market size increased by 8 % to 90.13 billion dollars, highlighting the increasing trading activity across digital assets.
Despite the broader upward trend, XRP has faced the declining pressure, as it has lost nearly 2 % in the past 24 hours.
The latest data indicates an increase in fluctuations in Altcoins, as Bitcoin dominated 60.31 %, reflecting the investor’s preference for the leading cryptocurrency amid market morale.
Bitcoin inch is closer to 100 thousand dollars
Bitcoin price has increased more than 1 % in the past 24 hours, trading at 98,388 dollars. The leading cryptocurrency recorded the lowest level during the day 96,805.78 dollars and a height of 98,767.19 dollars.
source: Coinmarketcap
The fixed bullish trend continues to fuel speculation about Bitcoin’s ability to breach a $ 100,000 sign of psychologically.
The latest data shows that Bitcoin’s dominance in the encryption market increased by 0.23 %, reaching 60.31 %. This shift indicates that investors are looking for a bitcoin shelter amid the increasing uncertainty in the Altcoin sector.
If the momentum continues, BTC can test new levels soon, making more institutional interest.
Ethereum and Solana gain
Etherum Price has seen a 0.2 % marginal increase, settling at $ 2,748. The currency range over 24 hours between $ 2,708.22 and 2,770.03 dollars.
Ethereum dominated 10.25 %, indicating the weakest enthusiasm of the investor compared to bitcoin. The main resistance remains at $ 2,800, and the collapse above this level may increase the escalation movement.
source: Coinmarketcap
Solana (SOL) has witnessed a modest increase of 0.5 %, and is currently trading at $ 174.55. The currency decreased in the currency was $ 170.99, while it was $ 176.59.
The broader market morale continues to influence the Sol price procedures, as traders closely monitor signs of outbreak or unification.
source: Coinmarketcap
XRP falls as an ETF gray file enters the review
The price of XRP has decreased by more than 2 % over the past 24 hours, sliding to $ 2.65. The code reached the lowest level of the day at $ 2.64 and a height of $ 2.74.
Despite the decrease, the XRp Transded Translid (ETF) forecast has gained traction where the Grayscale request has entered the US Securities and Stock Exchange Committee’s request.
The possibility of XRP ETF can significantly affect the course of the distinctive symbol prices, which may reflect its modern losses. However, with an organizational uncertainty still waving on the horizon, XRP remains vulnerable to market fluctuations.
Mimi currencies see mixed performance
Between the cryptocurrencies, Dogin (DOGE) decreased by 1.5 % to $ 0.253, while Shiba Inu (SHIB) decreased by 0.5 % to 0.00001552.
Meanwhile, Pepe Coin (PEPE) gained more than 1 % to 0.000009722 dollars, Floki recorded by 3 %, and trading at $ 0.00009888.
As fluctuation continues in the broader encryption market, investors closely monitor price movements and organizational developments that can form future trends.
Beyond bitcoin rises to $ 98,000, Solana and Ethereum rise while XRP slices first appeared on Invezz
