Crypto Price Today: BTC Jumps 1.33%, Altcoins Rise

Crypto prices today, the market saw a surge due to a speech by Fed Chairman, Jerome Powell regarding inflation coming in a neutral manner. Markets that fall slightly, however, will recover in a short time. Bitcoin surged up to 1.33% points in the last 24 hours. Ethereum is surging by 2.47% over the last 24 hours at the time of writing. Then Cardano also increased by 2.98%, Polygon rose to 4.47%, and Solana also increased to 2.49%. On the other hand, Sandbox jumped by 24.89% and became the 2nd biggest winner on the day. Then Meme Cryptos Dogecoin and Shiba Inu are also rumored to grow by 1.32% and 0.34% points, respectively. Currently, the global crypto market capitalization has reached 1.09 trillion USD, an increase of 1.94% in the last 24 hours. The crypto market volume reached 24.22% to 61.20 billion USD. 

Top 4 cryptos for today

BTC up 1.33% The world's largest crypto, BTC increased by 1.33% in the last 24 hours, bringing the market cap to 487.18 billion USD. Each BTC token sells for 23,236 USD. Trading volume also increased to 12.34% compared to the previous day. BTC's dominance decreased by 0.25% and was around 41.21% on the last day. 

Ethereum (ETH) up 2.47% Furthermore, today's crypto, Ethereum is in the 2nd position as it grew by 2.47% in the last 24 hours. The current market capitalization stands at 205.17 billion USD, with trading up 26.09% from the last day. Each ETH token is sold for 1,675 USD. 

Cardano (ADA) up 2.98% The price of the ADA crypto rose jumped to a percentage point of 2.98% over the last 24 hours. The market cap reached 17.92 billion USD and the trading volume increased by 35.56% in the last 24 hours. The ADA token is sold for 0.3982 per token. 

The SandBox (SAND) increased by 24.98% SAND increased massively by around 24.89% over the last 24 hours after the signing of an agreement with Saudi Arabia for the development of Metaverse games. The SAND token sells for 0.907 USD per token, with a market capitalization of 1.36 billion USD. The trading volume also increased by 433.67% over the last 24 hours. 

That's the explanation of "Crypto Today, February 8, 2023". Also read our other articles, such as an explanation of how to buy cryptocurrencies, only in the GIC Journal. Keep updating other news through the GIC Journal every day to find out more information. Trade on GIC using an ECN account to enjoy trading with low spreads starting from zero!