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Crypto News Today (08th March, 2025): XRP News Trends as $125M Fine Makes Headlines

Published by
Shrishesh Tanksalkar

The crypto market today is facing challenges, with a noticeable decline following the optimism surrounding the previous day’s Crypto Summit. The total market capitalization has fallen by 1.56%, currently hovering around $2.84 trillion. Trading volume has also moved south by 10%, now at $116.4 billion, as investor sentiment remains cautious. Talking about sentiments, the Fear & Greed Index stands at 25, reflecting an overall state of fear across the market.

Bitcoin Price Drops to $86k Post Crypto Summit?

Bitcoin has posted a plunge of 2.08%, taking its price down to $86,175.58. BTC’s market cap now stands at $1.7 trillion, and its dominance remains strong at 60.3%. The 24-hour low for Bitcoin reached $85,247.48, while the high for the day spiked at $109,114.88, showcasing the volatility within this period. 

Curious about BTC’s next price milestone? Read our Bitcoin (BTC) Price Prediction 2025, 2026-2030! 

Altcoin Watch: XRP News Makes Buzz!

Ethereum has also seen a dip of 1.64%, with its price now at $2,137.56. Other major altcoins like XRP, and Solana have posted declines of 6.42% and 2.60%. Coming to XRP news, according to attorney Fred Rispoli, the Ripple vs SEC case could end with Ripple paying a $125M fine.

Keen on stacking some XRP, but worried about its returns? Check out our XRP Price Prediction 2025, 2026-2030!

Top Performers:

  • ENA: +14.96%
  • BTT: +5.59%
  • LTC: +4.54%

Top Losers:

  • KAS: -9.25%
  • AAVE: -7.62%
  • QNT: -7.45%

FAQs

What is the current state of the cryptocurrency market?

The market has shown a decline today, with the overall market cap down by 1.56%, settling at $2.84 trillion.

How has Bitcoin performed today?

Bitcoin has dropped by 2.08%, bringing its price down to $86,175.58.

Which cryptocurrencies have seen the biggest gains?

Ethena has surged by 14.96%, and BitTorrent followed closely with a 5.59% increase.

Shrishesh Tanksalkar

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