Crypto Prices Today: Bitcoin Nears $56K, Ethereum At 3,200 As PEPE Rallies 52% – CoinGape

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The top crypto prices today witnessed a strong bullish run as the Bitcoin (BTC) price surged over 8% and neared $56,000 while several altcoins gained massively. In addition, Ethereum surged past $3,200, which is the biggest milestone achieved in two years. Meanwhile, other top altcoins, such as Cardano (ADA), XRP, Solana (SOL) soared in value.
Earlier, the Bitcoin price extended above the $56,000 level. The Bitcoin price was up by 8.63%, reaching $55,960.08 at the time of writing on Tuesday, Feburary 27. On the other hand, it’s trading volume skyrocketed by a whopping 213.96% to $45.06 billion in the last 24 hours. Meanwhile, the crypto boasted a market cap of $1.09 trillion.
Looking at altcoins, the Ethereum price surged 3.78% to $3,220.67 at press time with a market valuation of $386.96 billion. Whilst, ETH saw its trading volume soar by 54.70%, reaching $21.26 billion. Meanwhile, the Binance Coin (BNB) price gained 3.59% in value, reaching $399.15. In contrast, its 24-hour trade volume rose by 58.36% to $2.16 billion.
The Solana price inched closer to the $110 mark. The Solana price was up by 6.27%, settling $109.80. In addition, SOL witnessed a 215.36% spike in trade volume to $2.92 billion in the last 24 hours. Whilst, the XRP price traded above the $0.55 level. The XRP price recorded a gain of 2.98%, settling at $0.5553. Moreover, XRP’s trading volume gained by 93.61% to $1.39 billion.
Meanwhile, the Cardano price  recorded a hike of 6.57% to $0.623 today. In addition, ADA recorded a 114.81 surge in its 24-hour trading volume, settling at $712.62 million. As the top crypto prices registered gains, the meme coin space followed. The Dogecoin price soared by 5.42% to $0.09009 while its rival, Shiba Inu, registered a 4.29% gain in value and traded at $0.00001021.
Also Read: BlackRock’s IBIT Hits $1B Daily Trading Milestone on Bitcoin Rally
The Pepe Coin (PEPE) crypto, a popular meme crypto, registered a massive surge and also emerged as the top crypto gainer today. At press time, the Pepe Coin price was up by a huge 52.09% to $0.000002108 with a market valuation of $885.67 million. In addition, its 24-hour trade volume skyrocketed by 338.64% to $722.99 million.
Pyth Network (PYTH) registered a po phenomenal surge of over 33% and emerged as one of the top crypto gainers today. The PYTH price soared by 33.71% to $0.7467 at the time of reporting. Moreover, its trade volume spiked by 493.44% to $314.11 million. Moreover, the PYTH crypto attained a high of $0.7488 amid the rally today.
Also Read: Bitcoin Price: BTC Blast Off Surpasses $53,000, Igniting Pre-Halving Rally?
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