The cryptocurrency market is showing signs of recovery today, February 19, 2025, after experiencing a significant downturn on February 18. Here's an overview of the current prices of major cryptocurrencies and their changes since yesterday:
Bitcoin (BTC): $95,691.00, an increase of $251.00 (approximately 0.26%) from yesterday's $95,440.00.
Ethereum (ETH): $2,709.03, up by $47.75 (about 1.79%) from $2,661.28.
BNB: $655.74, rising $9.42 (around 1.46%) from $646.32.
Cardano (ADA): $0.759974, a decrease of $0.017726 (approximately 2.28%) from $0.7777.
Solana (SOL): $168.80, up by $3.36 (about 2.03%) from $165.44.
The previous day's market crash was largely influenced by Argentine President Javier Milei's promotion of the cryptocurrency $LIBRA, which experienced a rapid surge followed by a dramatic collapse, leading to significant investor losses. This incident has resulted in fraud allegations and calls for his impeachment.
Despite the turmoil, prominent investor Anthony Scaramucci remains optimistic, predicting that Bitcoin could reach $200,000 this year, especially with potential U.S. reserves for the cryptocurrency.
Today's modest gains suggest a cautious return of investor confidence. However, the market remains volatile, and it's essential to stay informed and exercise caution when making investment decisions.