Cryptocurrency price on February 13 quick take: The global market cap rose to $3.2 trillion
Written By:- Yash Rai Date- 13 Feb
Bitcoin (BTC), the world’s most established and esteemed cryptocurrency, surpassed the $96,000 threshold early Thursday. Other prominent altcoins, including Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC), saw a decline across the board, with the overall Market Fear & Greed Index standing at 40 (Neutral) out of 100, according to CoinMarketCap. The PancakeSwap (CAKE) token emerged as the biggest gainer, with a 24-hour surge of nearly 58 percent. Conversely, Bitget Token (BGB) remained the largest loser for the third day in a row, with a 24-hour decrease of over 8 percent.
At the time of writing, the global cryptocurrency market cap was $3.2 trillion, recording a 24-hour increase of 1.89 percent.
Bitcoin (BTC) Price Today
Bitcoin’s price was $96,650.55, reflecting a 24-hour gain of 0.97 percent, according to CoinMarketCap. In Indian exchanges, BTC was priced at Rs 85.09 lakh.
Ethereum (ETH) Price Today
ETH was priced at $2,719.23, marking a 24-hour increase of 4.34 percent. In India, Ethereum stood at Rs 2.31 lakh.
Dogecoin (DOGE) Price Today
DOGE saw a 24-hour gain of 3.69 percent, as per CoinMarketCap, currently priced at $0.2613. In India, Dogecoin was priced at Rs 21.91.
Litecoin (LTC) Price Today
Litecoin experienced a 24-hour surge of 5.18 percent, trading at $123.44 at the time of writing. In India, LTC was priced at Rs 9,911.61.
Ripple (XRP) Price Today
XRP was priced at $2.47, with a 24-hour increase of 2.49 percent. In India, Ripple was priced at Rs 210.46.
Solana (SOL) Price Today
Solana was priced at $195.67, marking a 24-hour dip of 0.19 percent. In India, SOL was priced at Rs 17,854.07.
Top Crypto Gainers Today (February 13)
According to CoinMarketCap, the top five crypto gainers over the past 24 hours were:
PancakeSwap (CAKE)
Price: $3.02
24-hour gain: 57.82 percent
Sonic (prev. FTM) (S)
Price: $0.548
24-hour gain: 16.87 percent
Jito (JTO)
Price: $3.04
24-hour gain: 14.58 percent
Lido DAO (LDO)
Price: $1.75
24-hour gain: 12.94 percent
BNB (BNB)
Price: $707.51
24-hour gain: 12.37 percent
Top Crypto Losers Today (February 13)
As per CoinMarketCap, the top five crypto losers over the past 24 hours were:
Bitget Token (BGB)
Price: $5.80
24-hour loss: 8.07 percent
Mantra (OM)
Price: $5.73
24-hour loss: 3.24 percent
FTX Token (FTT)
Price: $2.03
24-hour loss: 2.78 percent
DeXe (DEXE)
Price: $18.17
24-hour loss: 2.74 percent
Raydium (RAY)
Price: $5.16
24-hour loss: 0.88 percent
What Crypto Exchanges Are Saying About the Current Market Scenario
Alankar Saxena, co-founder and CTO of Mudrex, told ABP Live, “Bitcoin rebounded quickly to $98,000 from a low of $94,100 following higher-than-expected inflation data. January’s CPI rose 0.5%, further lowering expectations for a Fed rate cut as Powell reaffirmed a cautious stance in his testimony. Despite high inflation numbers, buying interest emerged in the broader market, signaling a shift in market sentiment as all the major news gets priced in. If Bitcoin holds above $98,000, it could soon test the $100K mark, marking a potential breakout in the current trend.”
The CoinSwitch Markets Desk noted, “BTC has been trading around the $96.5K mark for more than two weeks now, establishing it as a major support area. However, with BTC dominance hovering around 60%, altcoins have not been able to get up to speed as of yet. However, the BNB ecosystem has started making moves now, as Binance’s former CEO CZ has been quite vocal these days about BNB’s upgrades and expansion plans. Not just BNB but major projects on BNB like CAKE, BAKE, etc., have all been seeing magnificent gains.”
Avinash Shekhar, Co-founder & CEO of Pi42, said, “Bitcoin institutional demand is increasing as many investors accumulate on the backdrop of reduced selling pressure. Miners have decreased their liquidation, and the rise of stablecoin reserves signals a strong buying power is in the arena. Long-term holders are holding their positions, and that only enhances the bullish sentiment. If this goes on, Bitcoin could cross the psychological mark of $100K and usher in yet another bullish phase for the institutional markets. Meanwhile, Dogecoin builds up a case for breaking past $0.33, with optimism speculating further upside.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin's price action shows short-term consolidation between $94,500 and $97,000 on the 1-hour chart, with low volume indicating reduced trading activity. Key support lies at $94,091, while resistance is at $98,490. A break above $97,000 could trigger bullish momentum, while a drop below $94,500 may lead to further declines. The 4-hour chart shows a bearish trend, with resistance at $102,754 and support at $91,530. Daily analysis suggests consolidation between $94,000 and $96,000, with support at $89,164. Oscillators show neutral signals, while the MACD and awesome oscillator indicate weak bearish momentum.”
Shivam Thakral, CEO of BuyUcoin, said, “The crypto market is showing resilience, recovering from CPI data as President Trump advances Russia-Ukraine diplomacy. Over the last 24 hours, Bitcoin surged by 2.09%, reflecting positive investor sentiment. Altcoins have also demonstrated strength, with Ethereum climbing 5.88% and XRP increasing by 3.67%. This recovery follows stronger-than-expected U.S. inflation data, which initially tempered expectations for interest rate cuts in 2025. However, Trump's efforts to foster a positive regulatory environment for digital assets and resolve geopolitical tensions are boosting market confidence.”
CoinDCX Research Team noted, “The bulls seem extremely vigilant as they have prevented the Bitcoin price from plunging below the crucial support zone. As a result, the crypto markets have begun to rebound but are yet to trigger a fine recovery and until then, the fear of a bearish reversal may prevail. While the major altcoins received a significant bullish push, Solana failed to reclaim $200 while ADA, UNI, and PEPE & SHIB are fighting hard with the bearish forces. However, the market sentiments are slowly rising, which suggests the cryptos are under bullish influence.”
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.
