Crypto price today, February 7th. Check Global Market Cap Bitcoin BTC Ethereum Doge Solana Litecoin Ronin ENS ABP Live TV

Bitcoin (BTC), the world's oldest and most valuable cryptocurrency, remained in the $42,000 range early Wednesday. Other top coins, including Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC), consistently posted marginal gains and losses. The Dymension (DYM) token emerged as the biggest winner of the bunch with a 24-hour jump of nearly 25 percent. Monero (XMR), on the other hand, became the biggest loser with a 24-hour decline of over 27 percent.

At the time of writing, the global cryptocurrency market cap stood at $1.65 trillion, representing a 24-hour increase of 0.37 percent.

Bitcoin (BTC) price today

According to CoinMarketCap, Bitcoin price was at $42,901, up 0.22 percent in 24 hours. According to Indian exchange WazirX, the BTC price was at Rs 37.75 lakh.

Ethereum (ETH) price today

At the time of writing, ETH price was at $2,361.77, up 2.07 percent in 24 hours. According to WazirX, Ethereum price in India was at Rs 2.07 lakh.

Dogecoin (DOGE) price today

DOGE saw a 24-hour jump of 0.21 percent and is currently at $0.07849, according to CoinMarketCap data. According to WazirX, Dogecoin price in India was at Rs 6.88.

Litecoin (LTC) price today

Litecoin recorded an increase of 0.07 percent within 24 hours. At the time of writing, it was trading at $67.83. The LTC price in India was at Rs 5,888.

Ripple (XRP) price today

XRP price was at $0.5044, registering a 0.39 percent decline in 24 hours. According to WazirX, Ripple price was at Rs 44.44.

Solana (SOL) price today

Solana price was at $95.38, down 0.27 percent in 24 hours. According to WazirX, SOL price in India was at Rs 8,322.01.

Top Crypto Gainers Today (February 7)

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

Dymension (DYM)

Price: $4.99
24 hour profit: 24.92 percent

WOO (WOO)

Price: $0.3549
24 hour profit: 5.90 percent

Ronin (RON)

Price: $2.67
24 hour profit: 5.26 percent

Synthetix (SNX)

Price: $3.24
24 hour profit: 4.80 percent

Pyth Network (PYTH)

Price: $0.4858
24 hour profit: 4.44 percent

Top Crypto Losers Today (February 7)

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

Monero (XMR)

Price: $120.06
24 hour loss: 27.82 percent

Frax Stock (FXS)

Price: $9.15
24 hour loss: 9.40 percent

Flare (FLR)

Price: $0.02751
24 hour loss: 6.29 percent

Chain link (LINK)

Price: $18.24
24 hour loss: 3.89 percent

Celestia (TIA)

Price: $17.27
24 hour loss: 3.42 percent

What crypto exchanges say about the current market scenario

Edul Patel, co-founder and CEO of Mudrex, told ABP Live: “After a few days of declines, Bitcoin recovered and reached $43,000 in the last 24 hours. BTC is currently consolidating above the $42,500 support zone but has yet to clear the $43,500 resistance, indicating a possible lack of momentum for a significant upward move. If BTC closes below the support level, a downtrend could follow. Meanwhile, Ethereum is struggling to stabilize above $2,328 with the next resistance at $2,400.”

CoinSwitch Markets Desk noted: “As BTC (+0.3%) continues to trade in the narrow uptrend channel, its volatility continues to be on the downside. BTC has already printed five consecutive monthly green candles in the wake of the recent ETF and the upcoming April halving. It will be interesting to see if we see another monthly green close as this has only happened once in the last 7 years. Amid the headwinds, XMR saw a 30% decline after Binance delisted the privacy token. However, according to the @monero handle on its futures pair, trading continues as usual.”

Sathvik Vishwanath, CEO and co-founder of Unocoin, said: “Bitcoin recently fell below $43,000 amid volatility in the US stock market, but held steady above $42,000, supported by buy the dip sentiment. Despite rising U.S. Treasury yields and Powell's comments dampening expectations of a rate cut, Cathie Wood's bullish stance calling Bitcoin “digital gold” is boosting investor confidence. Conversely, the upcoming licensing deadline for cryptocurrency exchanges in Hong Kong brings initial uncertainty, but highlights growing acceptance by regulators, potentially strengthening Bitcoin's legitimacy and stability. Technical analysis shows Bitcoin facing resistance at $42,895 and support at $41,444, with the RSI indicating balance and the MACD indicating bearish pressure. Overall, Bitcoin’s cautious market stance above $42,200 suggests optimism and signals potential bullish momentum if sustained or broken.”

Rajagopal Menon, Vice President of WazirX, said: “Bitcoin’s pre-halving surge has overshadowed market sentiment surrounding the Federal Reserve’s interest rate decisions. In recent weeks, increased activity on the Bitcoin network and growing use cases for BRC 20 have pushed prices higher, despite uncertainty over Genesis' asset sale. Bitcoin price action is expected to remain stable, with increased inflows ahead of the halving and ETF exposure. Although the market is still moving sideways, it has managed to fend off volatility despite external conditions.”

Shivam Thakral, CEO of BuyUcoin, said: “The crypto market saw a slight increase overnight, with Bitcoin regaining $43,000 and Ethereum almost breaking $2,400. Market data shows that institutional investors remain very bullish on Bitcoin. Microstrategy, a business intelligence firm known for its strong Bitcoin support, has reported acquiring an additional 850 BTC for $37.2 million, now holding a total of a whopping 190,000 BTC. At the same time, the enthusiasm for Bitcoin spot ETFs has not waned as BlackRock and Fidelity now own a combined 138,489 BTC, worth around $5.9 billion in Bitcoin. All of these moves just reflect the positive institutional sentiment towards Bitcoin ahead of the halving.”

The CoinDCX research team told ABP Live: “Over the last 24 hours, the crypto market remained stable, with ETH showing stronger performance compared to BTC, as shown by the rising ETH/BTC pair.” BTC continued to hover below the crucial resistance zone $44,000 to $45,000 and remained in a consolidation phase. ETH, on the other hand, approached the upper limit of its range at $2,380 and is currently holding just below it. It is also above the 20 and 50 exponential moving averages (EMA), which is a positive signal.”

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