“Bitcoin Threatens to Fall Below $52K, Major Cryptocurrencies See Decline”

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Top Crypto Prices See Significant Decline Today

Today, the top cryptocurrency prices have experienced a significant decline, with Bitcoin (BTC) expected to drop below $52,000. Ethereum (ETH) has also seen a dip, falling below $2,800, a milestone it hasn’t reached in two years. Other top altcoins such as XRP and Cardano (ADA) have also witnessed volatility.

Bitcoin (BTC) Price Update

The price of Bitcoin (BTC) is currently hovering close to the $52,000 mark, with a 0.46% decrease and a value of $52,011.03 at the time of writing on Saturday, February 17. Its trading volume has also decreased by 25.74% in the last 24 hours, reaching $26.56 billion. The current crypto market cap stands at $1.02 trillion.

Ethereum (ETH) and Other Altcoins

Ethereum (ETH) has also experienced a dip, with a 1.73% decrease and a current value of $2,788.29, marking a market value of $335.53 billion. Its trading volume has also dropped by 27.06% to $16.26 billion. Other altcoins such as Binance Coin (BNB) have also seen a decrease of 0.47% in price, now trading at $359.87, with a trading volume of $1.39 billion, down by 18.64% in the last 24 hours.

Solana (SOL) has fallen below the $100 mark, with a 3.12% decrease and a current price of $109.79. Its trading volume has also seen a significant drop of 22.81% in the last 24 hours. XRP has also seen a steep decline, with a 2.87% decrease and a current price of $0.5604, accompanied by a 30.84% decrease in trading volume, now at $1.26 billion.

Cardano (ADA) has also seen a dip in price, now down by 2.59% and trading at $0.5939. Its trading volume has also decreased by 35.82% to $499.87 million.

Today’s top cryptocurrencies have all registered a drop in their prices, and this trend has also affected the meme coin market. Dogecoin (DOGE) has seen a decrease of 1.72% and is now trading at $0.08508, while Shiba Inu (SHIB) has also seen a drop of 2.05% in value, now trading at $0.00000976.

Also Read: Just In: VanEck Updates S1-A Filing for Spot Ethereum ETF

Top Crypto Price Updates Today

Pepe Coin (PEPE) Sees Significant Decline

Pepe Coin (PEPE), one of the most popular meme cryptocurrencies in circulation, has experienced a significant decline today. Its price has dropped by 5.14% and is now trading at $0.000001174, with a market value of $494.82 million. Its trading volume has also decreased by 16.63% to $116.79 million in the last 24 hours.

Bitget Token (BGB) Rallies 30%

Bitget Token (BGB), the native cryptocurrency of the Bitget crypto exchange, has seen a massive surge today, with a 29.68% increase in price, now trading at $1.12. However, its trading volume has decreased by 22.61% to $69.40 million. BGB continues to reach new highs in today’s rally.

Also Read: Microstrategy’s Bitcoin Strategy: Keeping BTC with Fidelity

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