Crypto Price Today February 28 Check Global Market Cap Bitcoin BTC Ethereum Doge Solana Litecoin ArWeave Mantle Live TV

Bitcoin (BTC), the world's oldest and most valuable cryptocurrency, managed to remain stable above the $57,000 mark for the first time since 2021. Other top coins, including Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP) and Litecoin (LTC) – posted marginal gains and losses across the board. The Arweave (AR) token emerged as the biggest winner of the bunch with a 24-hour jump of over 44 percent. Mantle (MNT) became the biggest loser with a 24-hour decline of nearly 8 percent.

The global cryptocurrency market cap was $2.15 trillion at the time of writing, representing a 24-hour increase of 1.30 percent.

Bitcoin (BTC) price today

According to CoinMarketCap, Bitcoin price was at $57,108.30, up 1.98 percent in 24 hours. According to Indian exchange WazirX, the BTC price was at Rs 49.89 lakh.

Ethereum (ETH) price today

At the time of writing, ETH price was at $3,268.95, up 1.20 percent in 24 hours. According to WazirX, Ethereum price in India was at Rs 2.86 lakh.

Dogecoin (DOGE) price today

According to CoinMarketCap data, DOGE recorded a 24-hour jump of 5.41 percent and is currently at $0.09517. According to WazirX, Dogecoin price in India was at Rs 8.30.

Litecoin (LTC) price today

Litecoin recorded a 24-hour decline of 0.83 percent. At the time of writing, it was trading at $74.32. The LTC price in India was at Rs 6,491.44.

Ripple (XRP) price today

XRP price was at $0.5816, representing a 24-hour jump of 4.61 percent. According to WazirX, Ripple price was at Rs 50.72.

Solana (SOL) price today

Solana price was at $108.69, down 1.05 percent in 24 hours. According to WazirX, SOL price in India was Rs 9,400.

Top Crypto Winners Today (February 28)

According to CoinMarketCap data, here are the five crypto winners from the last 24 hours:

Arweave (AR)

Price: $23.64
24 hour profit: 44.29 percent

pepper (PEPPER)

Price: $0.000002648
24 hour profit: 23.34 percent

Gala (GALA)

Price: $0.03928
24 hour profit: 19.24 percent

Injective (INJ)

Price: $40.27
24 hour profit: 10.44 percent

Shiba Inu (SHIB)

Price: $0.00001089
24 hour profit: 6.42 percent

Top Crypto Losers Today (February 28)

According to CoinMarketCap data, here are the top five crypto losers in the last 24 hours:

Coat (MNT)

Price: $0.8659
24 hour loss: 7.98 percent

Helium (HNT)

Price: $8.85
24 hour loss: 5.84 percent

World Coin (WLD)

Price: $7.40
24 hour loss: 5.13 percent

Theta Network (THETA)

Price: $2.03
24 hour loss: 5.12 percent

Flare (FLR)

Price: $0.04875
24 hour loss: 4.45 percent

What crypto exchanges say about the current market scenario

Edul Patel, co-founder and CEO of Mudrex, told ABP Live: “Bitcoin maintained its position above $56,000 with growing investor confidence.” Factors such as increased inflows into spot Bitcoin ETFs and anticipation of the upcoming halving event have contributed to positive sentiment contributed. The next hurdle for Bitcoin is the resistance level at $58,000, while solid support is established at $55,900. Meanwhile, Ethereum has recorded a positive trend for six consecutive days, achieving a 42% increase in value this month. Ethereum’s resistance is currently at the $3,500 level, and ongoing momentum suggests this resistance could soon be tested.”

CoinSwitch Markets Desk noted: “BTC (+0.8%) enjoyed a fourth consecutive day of growth after falling below $51,000 and testing $57.5K for the first time since December 2021 – a month after BTC topped its All – Time highs last time. As price action approaches $69,000, BTC's all-time high, the market's attention appears to be shifting to altcoins, especially memecoins, in recent days. The popular meme coin PEPE (+24.5%) is seeing significant growth and has doubled so far this week alone.”

Sathvik Vishwanath, CEO and co-founder of Unocoin, said: “Bitcoin’s recent surge has sparked discussions of a move to $250,000, with technical analysis finding resistance levels at $57,486, $58,793 and $60,094 as well Support levels highlighted at $55,003, $54,184, and $53,445. The RSI signals overbought conditions and suggests a possible correction. The Fibonacci retracement suggests a retracement to $55,928 and possibly $54,980. The 50-day EMA at $52,460 provides historical support. Caution is advised above $55,922 while high RSI readings suggest caution. Green Bitcoin’s gamified green staking introduces sustainability and community engagement and offers a unique investment opportunity.”

Shivam Thakral, CEO of BuyUcoin, said: “After rising more than 10% per day, Bitcoin is maintaining its new annual high and has not seen a correction so far. This could be because investors are optimistic about the upcoming halving in April, which historically brings a new high within a year of the said event due to the supply shock that the largest cryptocurrency faces. However, a slight correction in Bitcoin would benefit Ethereum and altcoins by reducing Bitcoin dominance.”

Rajagopal Menon, vice president of WazirX, said: “Bitcoin (BTC) has seen a significant rally, rising 11.5% in the last 24 hours and reaching highs near $57,000.” This is the first time since the end of 2021 that Bitcoin has reached such a level. The driving force behind this increase appears to be aggressive buying by Bitfinex traders, who have acquired a total of $123 million worth of Bitcoin. The bullish momentum gained additional traction due to a combination of factors. Traders were forced to exit their short positions, adding to the upward pressure on Bitcoin price. At the same time, extensive spot purchases on one of the major exchanges further reinforced the positive market sentiment.”

The CoinDCX research team told ABP Live: “Over the last 24 hours, BTC and ETH have maintained stability and fostered a bullish environment for altcoins.” BTC hovered around $57,000 with stable dominance, boosting activity in altcoins, especially with meme tokens like Pepe, Shiba Inu and Doge. BTC spot ETF inflows remained robust, indicating positive market sentiment. ETH traded around the $3,250 mark while the ETH/BTC pair showed bearish trends, resulting in BTC outperforming ETH. Today’s preliminary US GDP (QoQ) announcement could cause some volatility in the market.”

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