According to data from CoinMarketCap, the world of cryptocurrencies was buzzing today, February 22nd, as crypto prices slumped. Bearish sentiment appears to be prevailing in the broader crypto market as the global market capitalization took a hit, plummeting 1.62% to the $1.95 trillion level. Today, prominent cryptocurrencies such as Bitcoin, Ethereum, XRP, and Solana witnessed a price drop all at once. According to a report from CoinGape Media, this appears to be due to the massive cryptocurrency market liquidation witnessed yesterday.
Today's major virtual currency prices
As mentioned earlier, Bitcoin prices continued to fall after today's liquidation, dropping by 1.28% in the past 24 hours. The current BTC price is $51,411 and the market cap is $1,009 billion. Meanwhile, the token also saw a significant decline in 24-hour trading volume, dropping by 9.45% to $29.25 billion. Derivatives data shows that BTC open interest fell by 1.18%, indicating a broader downward trend in the market.
Meanwhile, Ethereum price has recorded a significant drop of 3% in the past 24 hours and is currently trading at $2,918. After an astounding rise above the $3,000 mark, the second most famous cryptocurrency witnessed a significant drop after yesterday's $300 million liquidation. At the time of writing, ETH has also witnessed a notable decline with the token market capitalization decreasing by 2.87% to $350.97 billion, while the 24-hour trading volume decreased by 3.41% to $19.08 billion. It is in dollars.
Solana’s price has fallen 3.98% over the past day and is currently trading at $102.74. The mark cap of the token decreased by 3.98% to $45.29 billion, while the 24-hour trading volume also plummeted by 13.63% to $2.23 billion. XRP, the Ripple-backed token, has fallen 2.80% over the past day and currently stands at $0.5421. Even XRP's 24-hour trading volume decreased by 19.11%, leaving its market capitalization at $29.58 billion.
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Top crypto prices today
World coin prices soar
The price of WorldCoin, which has a market capitalization of $977.89 million, has soared 4.33% in the past 24 hours and is currently trading at $7.36. According to market charts, the token has had an incredible week with an impressive gain of 137.73% over the past 7 days. This bullish move primarily comes from a number of factors, including whale accumulation, surge in project adoption, and more.
Pepecoin price decline
At the time of writing, the price of meme coin Pepecoin (PEPE) has fallen by 4.21% in the past 24 hours and is currently trading at $0.000001116. Memecoin's market capitalization decreased by 4.20% to $469.54 million, while the token's 24-hour trading volume also decreased by 20.89% to $100.72 million.
starknet slump
After an incredible rally, Starknet (STRK) price fell 6.24% today to hit $1.88. The trading volume of the token recorded a significant decrease of 33.56%, and the market capitalization decreased by 6.08%, reaching $1.37 billion. The price trend appears to be fueling speculation after the token was recently listed on Binance.
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