After falling as low as $37,000 in the first hours of the day, Bitcoin (BTC) rose to $38,700 with light buyer transactions in intraday transactions. There has been a decline of 38 per thousand in the last 24 hours. While Bitcoin (BTC) has a market dominance of about 43.2 percent with a market value of $732 billion, it increased its dominance a little during the decline phase seen on the last day of the week yesterday, showing that altcoins lost more value.
Ethereum is retesting the $2,500 band in the recent downtrend. ETH/USD last tested the $2,500 support in the second half of February with the selling pressure, and at this point, it could rise to $3,000 in early March with the proliferation of buyers. Ether price, which has performed worse than Bitcoin in the last week, has fallen by 1.4 percent in the last 24 hours, while it has lost 2.8 percent weekly.
Among the top 10 cryptoassets, Solana (SOL) market lost the most, with a daily decline of 2.5 percent. SOL token is hovering below $85 towards evening. In addition, XRP is changing hands at a price of $ 0.74 with a limited increase of 1 percent on a daily basis, while it is the crypto asset that remains in the positive zone among the top 10.
Among the top 100 cryptocurrencies, 70 cryptoassets are negative, while 30 altcoins are currently on a limited rise. Today, Waves at 48th place is 7.5 percent and at 70th place, CELO token is the highest-earning altcoins in the top 100 with a 3.3 percent increase in value. Anchor Protocol (ANC) stands as the top losing altcoin with a decrease of close to 15 percent, while Convex Finance in 85th place is right behind it with a decrease of close to 10 percent.