Crypto News Today (Feb 13th, 2025): Bitcoin Price Rises to $97k | ETF News Pushes XRP Price!

The cryptocurrency business has resumed its trade today on a positive note, despite the latest CPI numbers being a pain point. Talking about numbers, the total market cap has shot up by 3.10% in the past 24 hours to $3.22 trillion. The trading volume has risen by 22.27% to $129.29 billion, suggesting growing interest among market players. In the meantime, the Fear & Greed Index has now risen to a neutral score of 40. 

Bitcoin’s Welcomes Growing Institutional Demand

Bitcoin has held its bullish stance, climbing 1.46% to $96,895.63 in the last 24 hours. With a market cap of $1.92 trillion and a dominance of 59.81%, BTC continues to cement its position as the leading cryptocurrency. A notable development is the declining Bitcoin exchange reserves, which have fallen to 2.5 million. Analysts attribute this to the massive demand from Bitcoin ETFs, which are accumulating BTC supply at a rate 20 times faster than its mining. 

Curious about Bitcoin’s next ATH? Read our Bitcoin Price Prediction 2025, 2026-2030 NOW!

Ethereum Outperforms While Solana Lags

Ethereum has seen a remarkable 4.33% price spike, with its trading volume surging 33.31% to $26.64 billion. On the other hand, Solana has remained relatively stagnant, posting a minor 0.09% loss.

For a glimpse into Ethereum’s future, read our Ethereum Price Prediction 2025, 2026-2030!

XRP has gained 2.54% amid speculation that the SEC may soon acknowledge Grayscale’s 19b-4 filing for an XRP ETF. If approved, this could significantly boost XRP’s market valuation, leading to increased investor involvement.

Top Gainers and Losers

Top Gainers:

• CAKE: $3.02 +57.82%
• Sonic: $0.548 +16.87%
• JTO: $3.04 +14.58%

Top Losers:

• BGB: $5.80 -8.07%
• OM: $5.73 -3.24%
• FTT: $2.03 -2.78%

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