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Crypto Market Today (12th Feb, 2025): Bitcoin Holds $95K, FTX Leads Gainers with 5% Surge

Published by
Shrishesh Tanksalkar

The crypto market today took a route to the south, with the market cap leaning down by 2.89% to $3.13 trillion. However, trade in the industry remained high, as the intraday volume jumped 8.71% to $105.22 billion. Amid the hustle and bustle of the business, the Fear & Greed Index remains at 35, indicating that marketers are still in “Fear”.

Bitcoin Price Holds $95k, Despite Whale Activity?

Bitcoin has been holding its position firm at the $95K level despite a 2.57% drop in the last 24 hours. Whales have increased their short positions, suggesting a guarded outlook among large investors. Irrespective of the market conditions, BTC’s dominance continues to stands stout, which is currently at 60.43%, highlighting its continued influence over the broader market.

For a peek into Bitcoin’s future price, check out our Bitcoin Price Prediction 2025-2030.

Altcoins Take a Hit as Ethereum and Solana Decline?

Ethereum has dropped by 3.75% in the past 24 hours, changing hands at $2,604.56, while Solana saw a 4.38% price slip to $195.51. XRP also fell by 3.48%, to $2.41. The larger altcoin market mirrors a bearish sentiment as traders take calculated risks.

Concerned about your ETH holdings, read our Ethereum Price Prediction 2025-2030 for potential price targets.

Top Gainers and Losers

While the market has been facing rough waters, some cryptos did witness some gains. FTX Token surged 5.11% to $2.07, followed by Sonic at +2.96% and Monero at +1.76%. On the losing side, ENA plummetted by 11.58% to $0.4356, with CRV and TIA also facing double-digit declines.

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FAQs

1. How much does 1 BTC cost today?

Bitcoin is currently priced at $95,676.86, with a 2.57% decline in 24 hours.

2. Which tokens have gained the most today?

FTX Token (+5.11%), Sonic (+2.96%), and Monero (+1.76%) are among the top gainers.

3. Why is Bitcoin holding firm despite whale short positions?

Despite increased short positions by whales, BTC has managed to hold the $95K support, indicating buying interest at this level.

Shrishesh Tanksalkar

Shrishesh is a versatile writer with 2+ years of experience in cryptocurrencies. An engineer turned storyteller, this selective introvert is a wannabe biker on weekends.

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