Curd news today (February 13, 2025): Bitcoin price rises to 97 thousand dollars

Cryptocurrency has resumed its trade today on a positive note, although the latest consumer price index numbers are a pain point. When talking about the numbers, the total market ceiling has increased by 3.10 % in the past 24 hours to $ 3.22 trillion. Trading volume increased by 22.27 % to 129.29 billion dollars, indicating an increase in interest between players in the market. Meanwhile, the Fear & Greed index has now rose to a neutral degree of 40.

Bitcoin welcomes the increasing institutional demand

Bitcoin has occupied its upscale position, increasing by 1.46 % to 96,895.63 dollars in the past 24 hours. The roof of the market of $ 1.92 trillion and the hegemony of 59.81 %, BTC continues to consolidate its location as the leading cryptocurrency. Promise development is a decrease in bitcoin exchange reserves, which decreased to 2.5 million. Analysts attribute this to the huge demand of the Bitcoin investment funds, which accumulates 20 times BTC offer faster than its mining.

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Ethereum excels while Solana is backward

ETHEREUM has witnessed a remarkable increase in the price by 4.33 %, as the trading volume increased by 33.31 % to 26.64 billion dollars. On the other hand, Solana remained relatively stagnant, spreading a simple loss of 0.09 %.

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XRP 2.54 % has gained amid speculation that SEC may soon acknowledge the deposit of Grayscale 19B-4 for XRP ETF. If approved, this may increase the market evaluation of XRP, which increases investor participation.

The best winners and losers

Best winners:

• cake: $ 3.02 +57.82 %
• Sonic: 0.548 dollars +16.87 %
• Jto: $ 3.04 +14.58 %

The best losers:

• BGB: $ 5.80 -8.07 %
• Om: $ 5.73 -3.24 %
• Ftt: $ 2.03 -2.78 %

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