Crypto News Today (Feb 13th, 2025): Bitcoin Price Rises to $97k | ETF News Pushes XRP Price!.
The cryptocurrency business has resumed its trade today on a positive note, despite the latest CPI numbers being a pain point. Talking about numbers, the total market cap has shot up by 3.10% in the past 24 hours to $3.22 trillion. The trading volume has risen by 22.27% to $129.29 billion, suggesting growing interest among market players. In the meantime, the Fear & Greed Index has now risen to a neutral score of 40.
Bitcoin has held its bullish stance, climbing 1.46% to $96,895.63 in the last 24 hours. With a market cap of $1.92 trillion and a dominance of 59.81%, BTC continues to cement its position as the leading cryptocurrency. A notable development is the declining Bitcoin exchange reserves, which have fallen to 2.5 million. Analysts attribute this to the massive demand from Bitcoin ETFs, which are accumulating BTC supply at a rate 20 times faster than its mining.
Ethereum has seen a remarkable 4.33% price spike, with its trading volume surging 33.31% to $26.64 billion. On the other hand, Solana has remained relatively stagnant, posting a minor 0.09% loss.
For a glimpse into Ethereum’s future, read our Ethereum Price Prediction 2025, 2026-2030!
XRP has gained 2.54% amid speculation that the SEC may soon acknowledge Grayscale’s 19b-4 filing for an XRP ETF. If approved, this could significantly boost XRP’s market valuation, leading to increased investor involvement.
Source: COINPEDIA
