Crypto Market Surge: BTC Nears $98K, XRP Soars
The cryptocurrency market experienced a significant surge on February 15th, capturing global investor attention. Bitcoin (BTC) traded near $98,000, while Ethereum (ETH), Solana (SOL), and XRP saw price increases ranging from 1% to 10%. The meme coin sector also mirrored this bullish trend, with its market capitalization rising 6.5% to $75.66 billion.
Crypto Market Recovery on February 15th: BTC & Altcoins Rise
Despite macroeconomic headwinds, the global cryptocurrency market cap increased by 1.8% intraday, reaching $3.26 trillion. Global trading volume also saw a 5% increase to $107.9 billion, indicating renewed investor optimism.
BTC & ETH Gains
BTC experienced a 1%+ increase in 24 hours, reaching $97,839. The intraday range was $96,342.81 to $98,819.47. Liquidations totaled $38.57 million, with $25.45 million in shorts.
ETH also rose 1% intraday to $2,725, with a range of $2,680.03 to $2,790.02. Liquidations amounted to over $27 million, with $14.53 million in shorts.
XRP's Remarkable 10% Surge
XRP price skyrocketed nearly 10% in 24 hours, trading at $2.81 (intraday range: $2.54 to $2.83). This surge is likely fueled by anticipation surrounding an imminent XRP ETF, following the SEC's acknowledgment of 21Shares' ETF filing.
Solana's 2% Increase
SOL climbed nearly 2% to $198 (intraday range: $195.04 to $205.13), mirroring the overall market's upward trend.
Meme Coin Market Bullish Momentum
Meme coins significantly contributed to the day's gains. Dogecoin (DOGE) rose over 7% to $0.2808, Shiba Inu (SHIB) increased by over 3% to $0.00001695, and Pepe Coin (PEPE) gained almost 5%, trading at $0.00001032. BROCCOLI, a dog-themed token, experienced a dramatic 347% surge to $0.06676, driven by significant whale accumulation.
Top Crypto Performers & Losers
- Top Gainers:
- MANTRA (OM): +36%, reaching a new all-time high of $7.89.
- Official TRUMP (TRUMP): +34%
- Dogwifhat (WIF): +15%
- Top Losers:
- PancakeSwap (CAKE): -10%
- Bitget Token (BGB): -6%
- Onycoin (XCN): -5%
Despite macroeconomic factors like new tariffs and US CPI/PPI data, the market's bullish momentum suggests positive future prospects. At Codeum, we provide comprehensive blockchain security and development services including smart contract audits, KYC verification, custom smart contract and DApp development, tokenomics and security consultation, and partnerships with launchpads and crypto agencies. Contact us to ensure your project's success.