Crypto Prices Today February 12
Crypto Prices Today February 12
BTC Dips To $95K, Altcoins On Edge Ahead Of Key Economic Data
Crypto prices on Wednesday have again fueled bearish sentiments among investors as the broader market took a severe hit following Federal Reserve Chair Jerome Powell’s recent testimony. Bitcoin (BTC) price again swooped to a $95K low, whereas altcoins such as Ethereum (ETH), XRP, and Solana (SOL) mimicked a dipping trajectory. Meanwhile, market participants remain cautious as the U.S. CPI and PPI data are set to be released shortly ahead.
Crypto Prices On Feb 12: Here’s All To Know
Against the backdrop of broader trends, the global cryptocurrency market cap slipped by 1.82% in the past 24 hours, reaching $3.14 trillion. However, the total market volume increased by 8% intraday, reaching $105.57 billion.
As mentioned above, the crypto market slumped as Jerome Powell’s testimony before the Senate Banking Committee reflected a hawkish stance on policies. In turn, risk assets such as crypto are under the heat, facing immense selling pressure. Notably, nearly $240 million was recorded to have been liquidated across the market in the past 24 hours as an aftermath.
$BTC Price Wanes To $95K Amid Broader Crypto Market Flux
As of press time, BTC price tanked over 2% to reach $95,389. The flagship crypto’s 24-hour low and high were $94,875.04 and $98,492.90, respectively. Bitcoin’s dominance dropped 0.08% from yesterday, resting at 60.37%. Further, the coin saw nearly $44 million worth of liquidations in the past 24 hours, per Coinglass data.
$ETH Price Dips In Sync
ETH price fell by 3.5% intraday and is now sitting at $2,592. The coin’s 24-hour low and high were $2,565.40 and $2,724.90, respectively. Ethereum’s waning action falls in line with the broader trend, further accompanied by $30.23 million worth of liquidations in the past 24 hours.
$XRP Price Slips 2%
Simultaneously, XRP price’s intraday chart showcased a 2% decline in value, with the asset now resting at $2.39. Its intraday bottom and peak were $2.38 and $2.53, respectively. The Ripple-backed asset recorded liquidations worth $6.05 million in the past 24 hours.
$SOL Price Loses 3%
Also, SOL price cracked slightly over 3% in the past 24 hours and is now trading at $194.61. The coin’s intraday low and high were $194.23 and $205.92, respectively.
Meme Crypto Prices In The Red
Additionally, Dogecoin (DOGE) price saw a 2.5% decline intraday, now at $0.2512. Further, Shiba Inu (SHIB) price also fell 2% to reach $0.00001561 despite rising SHIB whale activity. Even PEPE, TRUMP, and BONK lost alarming values over the past day, dropping 2%-6%.
Looming US CPI & PPI Data Sparks Uncertainty
Further, key macroeconomic data such as the U.S. CPI & PPI are set to be released shortly ahead. With Powell already hinting at a hawkish stance on monetary policies, market watchers expect the CPI & PPI to contribute to the pressure on risk assets due to inflationary pressures.
The data, set to be released on February 12 and 13, has further kept investors cautious. Nevertheless, some tokens have defied the current volatile trend, trading dominantly in the green.
Top Crypto Gainer Prices Today
Virtuals Protocol (VIRTUAL)
Price: $1.33
24-Hour Gains: +5%
Sonic ($S )
Price: $0.4666
24-Hour Gains: +5%
FTX Token ($FTT )
Price: $2.02
24-Hour Gains: +5%
Top Crypto Loser Prices Today
Onyxcoin ($XCN )
Price: $0.02112
24-Hour Loss: -9%
Ethena ($ENA )
Price: $0.4337
24-Hour Loss: -9%
JasmyCoin ($JASMY )
Price: $0.02185
24-Hour Loss: -6%
Overall, the current market scenario remains volatile, primarily attributable to macroeconomic developments. Traders and investors continue to thoroughly monitor the crypto market for further price action shifts.
bitcoin.
![BGUSER-AF0KEHL0](/price/_next/static/media/default-avatar.9d1e9588.svg)
BGUSER-AF0KEHL0
2025/01/29 11:06
$ZEN/USDT Analysis: Volatility Drives Fluctuations Between $15.88 and $20.60
The ZEN/USDT trading pair continues to display significant price volatility, with the asset fluctuating between $15.88, a critical support level, and $20.60, a strong resistance zone. As of now, the price sits near $18.71, reflecting ongoing market uncertainty driven by varying demand and sentiment.
Recent Price Action
Recent trading activity shows a pattern of sharp declines followed by measured recoveries. This highlights the ongoing struggle between buyers and sellers, as each side attempts to assert control. The drop to $15.88 earlier this week underscores the importance of this level as a support zone, as buyers stepped in forcefully to reverse the downward trajectory. However, the $20.60 resistance continues to act as a formidable barrier, with sellers rejecting upward momentum.
Technical Indicators
The MA(5), MA(10), and MA(20) remain flat, pointing to a lack of directional momentum. This flat configuration suggests that the market may be entering a consolidation phase, as traders assess the next major move. Consolidation periods like this often lead to breakouts or breakdowns, making this a critical time for traders to monitor the market closely.
Volume Trends
Volume data reveals moderate trading activity, with a noticeable increase during the rebound from $15.88. This suggests that buyers are gaining interest at lower levels, viewing the dip as a buying opportunity. However, the lack of consistent volume surges indicates hesitation, as market participants remain cautious about committing to a strong directional move.
Key Levels to Monitor
$15.88 Support: A crucial level for buyers to defend. A breakdown here could lead to a bearish trend, with targets at $14 or lower.
$20.60 Resistance: A breakout above this level, supported by significant volume, could signal bullish momentum, opening the door for targets like $22.50 or $25.
$18 Psychological Pivot: Price action around this level will be pivotal in determining the next trend direction.
Trading Strategies
Range-Bound Trades: Exploit the range by buying near $15.88 and selling near $20.60, with stop-losses outside the range.
Breakout Strategies: Wait for a decisive move above $20.60 or below $15.88, confirmed by volume, before entering a directional trade.
Risk Management: Maintain tight risk controls to manage the inherent volatility of the current market environment.
Final Remarks
ZEN/USDT’s price action suggests a market in flux, with strong levels of support and resistance defining the current range. Traders should focus on volume dynamics and monitor how the price reacts around the $18 pivot to identify potential breakout or breakdown scenarios. Patience and disciplined risk management are essential in this volatile environment.
$ZEN
Flux 社群媒體數據
過去 24 小時,Flux 社群媒體情緒分數是 3,社群媒體上對 Flux 價格走勢偏向 看漲。Flux 社群媒體得分是 0,在所有加密貨幣中排名第 57。
根據 LunarCrush 統計,過去 24 小時,社群媒體共提及加密貨幣 1,058,120 次,其中 Flux 被提及次數佔比 0.01%,在所有加密貨幣中排名第 204。
過去 24 小時,共有 391 個獨立用戶談論了 Flux,總共提及 Flux 101 次,然而,與前一天相比,獨立用戶數 增加 了 11%,總提及次數增加。
Twitter 上,過去 24 小時共有 1 篇推文提及 Flux,其中 0% 看漲 Flux,0% 篇推文看跌 Flux,而 100% 則對 Flux 保持中立。
在 Reddit 上,最近 24 小時共有 2 篇貼文提到了 Flux,相比之前 24 小時總提及次數 減少 了 0%。
社群媒體資訊概況
3