Crypto Price Today (Feb 5, 2025): Selling Pressure Continues, MELANIA Pumps 20%
The selling pressure in the crypto market continued on 5th February with Bitcoin tying hard to surge above the $100,000 price mark. Bitcoin price hit the daily high of $100,677 and it is currently trading near $97,500.
As the market is still recovering from Sunday’s dip, major altcoins – including SOL, BNB, SUI, LINK and others – are witnessing huge volatility. SOL price pumped as high as $218 earlier in the day while currently dipping below $205 – as per Coinmarketcap data .
While most leading crypto assets were trading on downtrend, some of the memecoins spiked with significant price uptrend. Both the Dogwifhat (WIF) and Pudgy Penguins’ PENGU have spiked over 10% in the past 24 hours.
Today’s eye-catcher was the MELANIA memecoin, which has spiked over 20% in the past 24 hours. It is currently trading at $1.7 with a market cap of $820 million.
MELANIA Memecoin – Source: Coinmarketcap
Trending Crypto Today
MELANIA (Official Melania Meme)
XPR (XPR Network, Formerly known as Proton)
ALPHA (Alpha)
FORTH (Ampleforth)
AMP (Amp)
Top Daily Gainers
AMP (Amp): + 21%
Official Melania Meme (MELANIA): +20%
FTX Token (FTT): +13%
Pudgy Penguins (PENGU): +11%
Dogwifhat (WIF): +10%
The 24 hour total crypto trading volume for today is $174.5 billion, down 27% compared to that of yesterday. The global crypto market is today valued at $3.21 trillion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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