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Crypto Price Today February 8 Check Global Market Cap Bitcoin BTC Ethereum Doge Solana Litecoin Ronin PENDLE DYM Live TV

Bitcoin (BTC), the world's oldest and most valuable cryptocurrency, managed to surpass $44,000 early Thursday, hitting its peak for the first time since January 12. Other top coins, including Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP) and Litecoin (LTC) – posted marginal gains and losses across the board. The Dymension (DYM) token remained the biggest gainer for the second day in a row, with a 24-hour jump of nearly 20 percent. PENDLE, on the other hand, became the biggest loser with a 24-hour decline of almost 9 percent.

The global cryptocurrency market cap is $1.71 trillion at the time of writing, representing a 24-hour increase of 3.41 percent.

Bitcoin (BTC) price today

According to CoinMarketCap, Bitcoin price was at $44,544.64, up 4.06 percent in 24 hours. According to Indian exchange WazirX, the BTC price was at Rs 38.75 lakh.

Ethereum (ETH) price today

At the time of writing, ETH price was at $2,431.98, up 2.84 percent in 24 hours. According to WazirX, Ethereum price in India was at Rs 2.14 lakh.

Dogecoin (DOGE) price today

According to CoinMarketCap data, DOGE recorded a 24-hour jump of 1.97 percent and is currently at $0.08008. According to WazirX, Dogecoin price in India was at Rs 6.91.

Litecoin (LTC) price today

Litecoin recorded a gain of 1.51 percent within 24 hours. At the time of writing, it was trading at $68.90. The LTC price in India was at Rs 6,085.86.

Ripple (XRP) price today

XRP price was at $0.5142, representing a 24-hour jump of 2.11 percent. According to WazirX, Ripple price was at Rs 44.85.

Solana (SOL) price today

Solana price was at $101.78, up 6.49 percent in 24 hours. According to WazirX, SOL price in India was Rs 8,785.

Top Crypto Gainers Today (February 8)

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

Dymension (DYM)

Price: $5.90
24 hour profit: 19.95 percent

Kaspa (KAS)

Price: $0.1217
24 hour profit: 15.58 percent

Celestia (TIA)

Price: $19.44
24 hour profit: 12.71 percent

Flare (FLR)

Price: $0.03046
24 hour profit: 10.86 percent

Stack (STX)

Price: $1.68
24 hour profit: 10.84 percent

Top Crypto Losers Today (February 8)

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

Pendulum (PENDLE)

Price: $2.96
24 hour loss: 8.91 percent

Pyth Network (PYTH)

Price: $0.4793
24 hour loss: 2.96 percent

WEMIX (WEMIX)

Price: $2.24
24 hour loss: 2.66 percent

Ronin (RON)

Price: $2.66
24 hour loss: 2.07 percent

Ethereum Name Service (ENS)

Price: $21.77
24 hour loss: 1.84 percent

What crypto exchanges say about the current market scenario

Edul Patel, co-founder and CEO of Mudrex, told ABP Live: “Bitcoin has risen above $44,500 in the last 24 hours for the first time since January 12, driven by increasing accumulation of large holdings by large holders .” The immediate resistance for Bitcoin is $44,800 and a breach of this level could trigger a rise, while support in the event of a correction is at $44,300. Meanwhile, Ethereum also broke the $2,400 threshold for the first time in two weeks as Dencun Upgrade went live on Holesky Testnet yesterday. The overall market looks bullish.”

CoinSwitch Markets Desk noted: “BTC (+3.7%) broke the bullish move and reached its highest price in almost a month when it reached almost $44.7K in the early hours today. The next significant resistance for BTC is around $45.6K, which is another 2.5% away. Popular altcoin SOL (+5%) also made a comeback as the Solana blockchain stalled for five hours a day ago, the price's uptrend was not affected and bulls still pushed the price above the psychological $100 could bring a brand.”

Rajagopal Menon, Vice President of WazirX, said: “Bitcoin (BTC) rose to a four-week high and crossed $44,000, driven by increased accumulation among large holders and US stock indices hitting new highs. The cryptocurrency marked its highest level since January 12, rising from $42,700 to $44,300 following the launch of Bitcoin ETFs. Analysts point to a reversal in miners’ selling pressure to counter recent BTC declines. Ethereum’s Ether (ETH) rose above $2,400 and hit a two-week high on renewed optimism around spot ETFs.”

Shivam Thakral, CEO of BuyUcoin, said: “The total crypto market cap has reached $1.7 trillion, an increase of 3.41% over the last day. Bitcoin is leading this rise and has finally broken above $44,000, showing great strength. On the other hand, Ethereum is still around $2,400. This new demand and volume for Bitcoin could be due to the enthusiasm for Bitcoin ETFs and the positive sentiment associated with them. “Over the next few weeks, altcoins may see upside potential with good volume following a decline in Bitcoin dominance.”

The CoinDCX research team told ABP Live: “In the last 24 hours, the crypto market recorded a significant increase of almost 3%.” BTC broke out of its consolidation phase in a shorter period of time and reached the upper level of its range at $44,500. This upward move suggests potential for further bullish momentum, with the next levels being $45,400 and $48,000. Altcoins also closed in the green, benefiting from the BTC rally. ETH broke out above its range high and is currently holding above $2,450, which is a positive signal for ETH and related tokens. The next resistance levels for ETH locally are $2,600-$2,700 and the key level is $2,900.”

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Disclaimer: Crypto products and NFTs are unregulated and can be very risky. There may be no regulatory recourse for any losses arising from such transactions. Cryptocurrency is not legal tender and is subject to market risks. Readers are advised to seek professional advice and carefully read the offering documents and related relevant literature on the subject before making any type of investment. Cryptocurrency Market forecasts are speculative and any investment made is at the sole expense and risk of the readers.

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