Crypto prices today (February 27): In a dramatic swoop, Bitcoin (BTC) has plummeted to a low of $82K, as if it were auditioning for a tragic play. Meanwhile, Ethereum (ETH), Solana (SOL), and XRP have joined the downward dance, losing 3%-7% of their value. The major cryptocurrencies are reflecting a bearish mood, all thanks to U.S. President Donald Trump, who seems to have taken a page from a soap opera script with his new tariffs for the EU.
Crypto Prices Today: Here’s Why BTC & Major-League Altcoins Dipped
According to a recent CoinGape report, Trump is determined to impose a 25% import tariff on the EU, further stoking the fires of a global trade war. Following the new import tariffs on Canada and Mexico (set to commence next week), investors are feeling as cautious as a cat in a room full of rocking chairs.
As a result, the cryptocurrency sector has witnessed a dramatic loss, with BTC, ETH, XRP, and SOL losing alarming values. The crypto market itself has lost 5% since yesterday, with the market cap now at $2.79 trillion. Even the total market volume dipped by 19% to $153.54 billion. Liquidations in the past 24 hours totaled over $700 million, according to Coinglass data, rationalizing the broader market’s waning action. Talk about a rollercoaster ride! 🎢
BTC Price Touches $82K Low
As of press time, BTC has pulled back nearly 4% and closed at $85,230. The flagship coin hit a low of $82K in the past 24 hours, as if it were trying to set a new record for dramatic exits. Bitcoin’s falling action mirrors $460.86 million in liquidations recorded over the past day, according to Coinglass data. Nevertheless, BTC’s market dominance has crept up by 0.34% to 60.38%, signaling that altcoins are facing more volatility than a soap opera plot twist.
ETH Price Loses 7%
ETH has taken a nosedive of nearly 7% in the past 24 hours, trading at $2,319. The second-largest crypto by market cap hit a low of $2,255.05 and a peak of $2,503.42 in the past 24 hours. This waning action aligns with Ethereum recording over $126 million worth of liquidations over the past day. Further, ETH’s market dominance has slipped by 10% today, leaving investors wondering if they should invest in a new hobby instead.
XRP Price Pulls Back
XRP has plunged over 5% in the past 24 hours and is currently sitting at $2.18. The coin hit a bottom of $2.15 and a peak of $2.32 intraday. Ripple’s coin saw liquidations worth $12.51 million in the past 24 hours. The coin is under pressure amid whale selling, as CoinGape reported that Ripple whales recently offloaded 370 million coins. Talk about a whale of a problem! 🐋
SOL Price Dips 4%
SOL has lost 4% in the past 24 hours and is currently trading at $137. The coin’s intraday low and high were $130.69 and $144.39, respectively. Solana recorded liquidations worth $27.75 million in the past 24 hours. It seems like everyone is trying to cash out before the next big wave hits!
Meme Crypto Prices Today
Dogecoin (DOGE) price fell by nearly 2.5% in the past 24 hours, closing in at $0.2045. Meanwhile, Shiba Inu (SHIB) and Pepe Coin (PEPE) continued trading near the previous day’s levels, at $0.00001436 and $0.000008373, respectively. However, TRUMP coin gained by 1.5%, reaching $13.25. Who knew politics could be so profitable? 😂
Top Gainer Crypto Prices Today
However, it’s worth pointing out that some coins have defied the broader market volatility:
Kaito (KAITO)
Price: $2.44
24-Hour
Read More
- March 2025 PS Plus Dream Lineup: Hogwarts Legacy, Assassin’s Creed Mirage, Atomic Heart & More!
- Esil Radiru: The Demon Princess Who Betrayed Her Clan for Jinwoo!
- Unleash Willow’s Power: The Ultimate Build for Reverse: 1999!
- 6 Best Mechs for Beginners in Mecha Break to Dominate Matches!
- XRD PREDICTION. XRD cryptocurrency
- Unlock the Ultimate Armor Sets in Kingdom Come: Deliverance 2!
- Top 5 Swords in Kingdom Come Deliverance 2
- Eiichiro Oda: One Piece Creator Ranks 7th Among Best-Selling Authors Ever
- JTO PREDICTION. JTO cryptocurrency
- EUR AUD PREDICTION
2025-02-27 07:49