Crypto Market Surges: Bitcoin Near $98K, XRP Soars 10% on ETF Hopes

The global cryptocurrency market cap surged 1.8% intraday on February 15, reaching $3.26 trillion, while the global market volume increased by 5% to $107.9 billion. This bullish movement has sparked optimism among traders and investors.

Bitcoin (BTC) price traded near the $98K level, with an uptick of slightly over 1% in the past 24 hours, reaching $97,839. Ethereum (ETH) also gained over 1% intraday, currently at $2,725.

XRP price soared nearly 10% in the past 24 hours, now trading at $2.81. This remarkable rise comes amid the U.S. SEC's acknowledgement of a new XRP ETF filing, which has fueled investor interest in the asset.

Solana (SOL) price witnessed an uptick of nearly 2% as of press time, reaching $198. The coin's 24-hour low and peak were $195.04 and $205.13, respectively, trading in sync with the broader cryptocurrency market's rising movement.

The meme coin market has mirrored a highly bullish action, with Dogecoin (DOGE) and Shiba Inu (SHIB) surging over 7% and 3% intraday, respectively. The recent hot buzz of the dog-themed meme coin community, CZ's dog-named token BROCCOLI, saw its price surge 347% to $0.06676 amid rising crypto whale accumulations.

Notable gainers in the crypto market include MANTRA (OM), which hit a new ATH intraday at $7.89, and Official TRUMP (TRUMP), which pumps alongside a 38% increase in its futures OI to $700.44 million. Dogwifhat (WIF) price also surged against the backdrop of a 17% increase in its futures OI to $243.04 million.

Despite macroeconomic events such as Trump's new tariffs and U.S. CPI & PPI data putting pressure on the crypto market, today's bullish trajectory solidifies optimism over future