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The cryptocurrency market saw a day of mixed performance on February 10, 2025, with Bitcoin (BTC) maintaining its position near $97,000, while Litecoin (LTC) emerged as a standout performer, rising by 5%.
Bitcoin
Bitcoin maintained a current value of $97,074 while recording a small market drop of 0.2% across the last 24 hours. During this period Bitcoin reached minimum price levels at $94,745.26 and achieved maximum values at $97,325.28. The small price decrease for Bitcoin led to a market dominance boost of 0.28% that brought the figure to 60.87% while maintaining its dominant position in the cryptocurrency market.
Ethereum and XRP
Ethereum (ETH) experienced a price decrease of 2% which sent its value down to $2,630. The XRP coin reached its lowest point of $2,530.44 during intraday trading then rose to $2,695.22. Ethereum shows long-term market optimism because of recent developments along with its increasing global market penetration.
The XRP coin price dropped by a larger percentage of 4% as it fell to $2.39. XRP coin prices traded during the day between $2.32 and $2.50. The market enthusiasm for XRP’s future outcomes including ETF initiatives and legal proceedings has not translated into price recovery as the digital asset remains confined under $3.
Solana
Solana (SOL) displayed the same high volatility as the wider market since its price decreased by about 2% during the period. SOL maintained $202.70 in its market value as it moved between $194.24 and $207.27 in the current market session.
Litecoin
Litecoin (LTC) managed to defy market norms by rising 5% to reach $109.21 as the cryptocurrency market including Solana (SOL) experienced dips. The coin demonstrated strong performance during trading between $102.70 and $118.44 which positioned it among the market’s top performers for the day.
Meme Coins
Meme coins including Dogecoin (DOGE) and Shiba Inu (SHIB) faced substantial losses alongside other memecoins like PEPE and TRUMP following their high levels of market volatility. DOGECoin showed a 4% decrease to hold a value at $0.2481 and SHIB suffered a matching 4% reduction to settle at $0.00001573. Both PEPE and TRUMP meme coins performed worse than other meme coins with PEPE experiencing a 3% drop and TRUMP leading to a 14% loss.
The total market capitalization of cryptocurrencies experienced a minor reduction of 1.39% until it reached $3.13 trillion. The trading activity surged because the total number of transactions reached $95.16 billion, which achieved a 30.85% surge compared to previous trading volumes.
The cryptocurrency expert Michaël van de Poppe estimated that the next week should bring positive changes to the market by indicating a “strong week for crypto” is forthcoming. Upcoming U.S. Consumer Price Index (CPI) and Producer Price Index (PPI) figures will be closely observed by the market because they may impact price movements.
In another development, the Central African Republic recently launched a new meme coin but investors express doubts about its fundamental economics system.
The cryptocurrency market remains highly volatile, and investors are advised to proceed with caution and conduct thorough research before making investment decisions.
