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Crypto Prices Today: Bitcoin Above $42K While Ether and SOL Tumble

Crypto Prices Today: Bitcoin Above $42K While Ether and SOL Tumble


NewsBTC
2022-02-08 12:00:35

This year, cryptocurrencies have been on a rollercoaster, with Bitcoin prices trading near $42k after jumping over 40$. The world’s most significant digital token is up 1.5% at present but down 9% overall for 2022 so far – it still needs to recover some lost ground if we want our asset back near its record high. As a sign of the times, Bitcoin continues its climb to new heights. The cryptocurrency market capitalization is now over $2 trillion as per CoinGecko – with solid support coming from crypto prices across all markets today. Related Reading | Bitcoin above $42,000, Shiba Inu rallies 29%; ether, Solana slip. Check cryptocurrency prices today Ether, the cryptocurrency linked to the ethereum blockchain network, scaled again as it reached new heights above $3K for the first time since January 21. The coin was trading hardly lower at 3125 but has shown signs of recovery. Likewise, Binance Coin (BNB) shed about 0.6% today and is currently trading at around 419 USD per coin. With the price of Dogecoin climbing over 5% to $0.15, Shiba Inu skyrocketed 29%. Other coins like XRP (Ripple) and Stellar had mixed performances with gains. Avalanche, Cardano, and Polygon prices traded higher than the last 24 hours, whereas Solana slipped by 1%. Crypto Prices Following US Stock Rally Cryptocurrencies have seen their value volatility skyrocket this week as they continue to struggle with an uncertain regulatory landsc...


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