"Bitcoin Surges Past $98K, Altcoins Mixed; XRP ETF Hopes Rise"

Generated by AI AgentCoin World
Friday, Feb 21, 2025 12:17 am ET1min read
BTC--

Crypto markets experienced a mixed day on February 21, with Bitcoin (BTC) crossing the $98,000 mark while altcoins displayed varying performance. The global crypto market cap rose by nearly 1% to $3.23 trillion, with the total market volume increasing by nearly 8% to $90.13 billion.

Bitcoin (BTC) price gained over 1% in the past 24 hours, closing in at $98,220. The flagship crypto's intraday low and high were $96,805.78 and $98,767.19, respectively. Bitcoin's market dominance rose by 0.23% to 60.31% today, indicating increased volatility in the altcoin sector.

Ethereum (ETH) price witnessed a marginal jump of 0.2% and rested at $2,748 as of press time. The coin's 24-hour low and high were recorded to be $2,708.22 and $2,770.03, respectively. Ethereum's dominance slipped to 10.25% today. ETH price faces vital resistance at $2,800, a break above which could propel further gains.

XRP price dropped over 2% in the past 24 hours and is currently sitting at $2.65. The Ripple-backed asset hit an intraday bottom and peak of $2.64 and $2.74, respectively. The odds of an XRP ETF have further risen as Grayscale's filing enters SEC review mode, which could potentially provide bullish support for the price.

Solana (SOL) price witnessed a slight uptick of 0.5% intraday and is currently trading at $174.55. The coin hit a low and high of $170.99 and $176.59 in the past 24 hours. The broader market trend appears to prevent the coin from gaining further.

The recently launched Story (IP) token emerged as the day's top market gainer, with a price of $4.78 and 24-hour gains of +68%. The new AI project stole the spotlight with its intellectual property (IP

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