Crypto Price Today (Feb 28, 2025): Bitcoin Falls Under $80k; ETH, XRP, SOL Drops 10%

5 months ago 22

The accrued hostility successful the crypto marketplace has caused Bitcoin terms to autumn nether $80,000 today, the lowest since November 2024. It has dropped 8% successful the past 24 hours and 27% since hitting an all-time precocious of $109,114 connected 20 January. 

One of the cardinal reasons down wherefore Bitcoin terms is down contiguous coincides with accrued governmental and regulatory hostility successful the U.S. wherever respective states are pushing Bitcoin into their strategical reserve amid marketplace uncertainty. 

As per marketplace data, BTC is presently trading adjacent $79,100 with its marketplace headdress shrinking to $1.56 trillion. 

 CoinmarketcapBitcoin (BTC) Price – Source: Coinmarketcap

While Bitcoin retraces, the crypto marketplace is witnessing bloodbath contiguous with large altcoins – ETH, XRP and SOL dropping implicit 10% successful 24 hours. Ethereum (ETH) terms has declined 10% contiguous and 23% successful the past 7 days portion Solana (SOL) terms has besides taken a deed of 9% contiguous and implicit 27% successful 7 days. 

Other mid-cap altcoins – including TAO, IP, VIRTUAL, RAY, TRUMP and LDO – person dropped implicit 15% portion S, PEPE, SEI, AAVE, KASPA, PYTH, LINK and MKR has dropped 13% today.

Trending Crypto Today

  • DOT (Polkadot)
  • SHELL (MyShell)
  • STX (Stacks)
  • WLD (Worldcoin)
  • MORPHO (Morpho)

Top Gainers Today

  • Nervos Network (CKB): +10%
  • Morpho (MORPHO): +6%

Top Losers Today 

  • KAITO (KAITO): -23%
  • SAFE (Safe): -22%
  • RUNE (THORChain): -17%
  • TAO (Bittensor): -16%
  • VIRTUAL (Virtuals Protocol): -15%

As per Coinmarketcap data, the planetary crypto marketplace contiguous sits astatine $2.64 trillion, down 7.25% successful the past 24 hours.

Read: Crypto Market In Utter Panic As BTC Drops Below $80k; Check Live Prices Here

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