In the last 24 hours, Bitcoin (BTC) and several large-cap altcoins have experienced minimal movement, with Bitcoin maintaining a steady position similar to that of the previous day, February 15. This trend is reflected among its major competitors, including Ethereum (ETH), Ripple (XRP), and Solana (SOL). However, the meme coin sector has faced significant setbacks, with Official Trump (TRUMP) being particularly affected.
**BTC Remains Stable**
During the previous business week, BTC saw fluctuations between below $95,000 and nearly $99,000. Key influencers of this volatility included Donald Trump’s proposed tariffs on specific stocks entering the U.S. and the recent CPI data released by the US Bureau of Labor Statistics. Over the weekend, BTC has remained calm, settling around $97,500 on February 15 and consolidating at this level, marking a modest 0.5% weekly change. The cryptocurrency’s market cap is stable at $1.93 trillion, while its dominance over alternative coins has slightly increased to 59.8%, based on CoinMarketCap data.
**Altcoin Performance**
The overall crypto market consolidation has also affected popular altcoins. Ethereum (ETH) trades around $2,700, Ripple (XRP) holds steady at $2.80, and Solana (SOL) is approximately $195. Nonetheless, some altcoins like Litecoin (LTC) and TRON (TRX) have seen gains, rising by 4% and 2.5% respectively over the past 24 hours. Conversely, Cardano (ADA), Chainlink (LINK), Avalanche (AVAX), Hedera (HBAR), and Hyperliquid (HYPE) have experienced minor declines. The meme coin market, however, is seeing widespread losses today, with Official Trump (TRUMP) dropping by 10% to $18.60, and similar declines in Dogecoin (DOGE), Shiba Inu (SHIB), Bonk Inu (BONK), and dogwifhat (WIF). The total cryptocurrency market capitalization now stands at approximately $3.23 trillion, representing a slight 0.18% decrease for the day.
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