Cryptocurrency Market Update: Bitcoin Surges Above $98k and TRUMP Memecoin Rises 40%
Bitcoin reached a daily high of $98,600 today, symbolizing a 4.36% increase. Other cryptocurrencies including XRP saw impressive gains, with Donald Trump’s TRUMP memecoin surging over 40% to above $20. The global crypto market cap is currently $3.24 trillion with robust trading volumes.
On February 15, 2025, Bitcoin achieved a daily peak of $98,600, reflecting a 4.36% increase from a previous low of $94,500 noted on February 12. The cryptocurrency has shown consistent growth over the past few days, with expectations of surpassing the $100,000 mark as the weekend approaches.
In addition to Bitcoin’s performance, several altcoins and memecoins experienced noteworthy rises. Memecoins such as DOGE, WIF, and PNUT recorded gains of 6%, 13%, and 15%, respectively. XRP also distinguished itself with a surge of 10% within the last 24 hours and an overall increase of 17% during the past week.
Notably, Donald Trump’s TRUMP memecoin emerged as a significant gainer today, rising over 40% to exceed $20 for the first time. Currently trading near $21, it has witnessed a 24-hour increase of 24%.
As reported by Coinmarketcap, the global cryptocurrency market capitalization currently stands at approximately $3.24 trillion, with a total trading volume of $106 billion in the last 24 hours.
The trending cryptocurrencies today include:
– TRUMP (official Trump)
– XRP (Ripple)
– MG (Magic Eden)
– PNUT (Peanut the Squirrel)
– PYTH (Pyth Network)
Moreover, notable daily gainers are:
– MANTRA (OM): +39%
– TRUMP (Official Trump): +18%
– XDC (XDC Network): +11%
– WIF (Dogewifhat): +10%
– XRP (Ripple): +9%
This surge in the cryptocurrency market underscores a positive sentiment among investors, driven largely by the performance of notable assets like Bitcoin and TRUMP.
In conclusion, the cryptocurrency market on February 15, 2025, reflects a robust upward trend, particularly illustrated by Bitcoin’s recent performance and the significant gains of various altcoins and memecoins. The rising market capitalization and notable trading volumes today indicate a reinvigorated interest in cryptocurrencies, possibly pointing towards continued growth in the near future.
Original Source: www.cryptotimes.io
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