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

    Story Highlights
    • Cryptocurrency market cap drops by 1.56%, settling at $2.84 trillion, despite Crypto Summit concluding

    • Bitcoin price falls again to $86,175, with a 2.08% drop in 24 hours

    • Ripple vs SEC case could conclude with a $125M fine

    The crypto market today is facing challenges, with a noticeable decline following the optimism surrounding the previous dayโ€™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. BTCโ€™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 BTCโ€™s next price milestone? Read our Bitcoin (BTC) Price Prediction 2025, 2026-2030!ย 

    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.

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