{"id":13063,"date":"2025-02-14T10:16:58","date_gmt":"2025-02-14T10:16:58","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=13063"},"modified":"2025-02-14T10:16:58","modified_gmt":"2025-02-14T10:16:58","slug":"bitcoin-btc-reclaims-97k-ripple-xrp-soars-by-12-daily-market-watch","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=13063","title":{"rendered":"Bitcoin (BTC) Reclaims $97K, Ripple (XRP) Soars by 12% Daily (Market Watch)"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">The cryptocurrency market has shown some resurgence in the past 24 hours, with numerous leading digital assets charting mild gains. Bitcoin (BTC), for instance, climbed by 1% and surpassed $97,000 again.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Many of the well-known altcoins have performed much better than the primary cryptocurrency. Ripple\u2019s XRP is the most evident example, with its valuation jumping by double digits.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">BTC is Slowly Recovering<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">It has been a rather shaky week for Bitcoin (BTC), whose price fluctuated between under $95,000 and almost $100,000. It traded near the upper mark on February 7, but in the following days, it suffered a severe downfall.\u00a0<\/span><\/p>\n<figure id=\"attachment_383335\" aria-describedby=\"caption-attachment-383335\" style=\"width: 587px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/BTC-Price-3.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-383335\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/BTC-Price-3.png\" alt=\"BTC Price\" width=\"587\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/BTC-Price-3.png 847w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/BTC-Price-3-300x204.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/BTC-Price-3-768x523.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/BTC-Price-3-50x34.png 50w\" sizes=\"auto, (max-width: 587px) 100vw, 587px\"><\/a><figcaption id=\"caption-attachment-383335\" class=\"wp-caption-text\">BTC Price, Source: CoinGecko<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">The price tumbled to its local bottom of less than $95,000 on February 12, shortly after the United States Bureau of Labor Statistics <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/bitcoin-price-dumps-to-9-day-low-on-higher-than-expected-us-cpi-data\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">released <\/span><\/a><span data-preserver-spaces=\"true\">the Consumer Price Index data <\/span><span data-preserver-spaces=\"true\">for January<\/span><span data-preserver-spaces=\"true\">. The actual inflation rate was higher than <\/span><span data-preserver-spaces=\"true\">expectations<\/span><span data-preserver-spaces=\"true\"> which caused the entire crypto market to head south.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The following day, though, BTC bulls regained control and pushed the valuation to as high as $98,000. However, the rally was short-lived, and the price once again plunged below $95,500. Over the past several hours, though,<\/span> <span data-preserver-spaces=\"true\">there has been a new resurgence, and BTC currently trades just north of $97,000.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The asset\u2019s market capitalization is well above $1.9 trillion, whereas its dominance against the alternative coins slightly decreased to approximately 59.6% (per CoinMarketCap\u2019s data).<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">XRP Shoots Up<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">As mentioned above, most altcoins have outperformed BTC <\/span><span data-preserver-spaces=\"true\">in terms of<\/span><span data-preserver-spaces=\"true\"> daily gains. <\/span><span data-preserver-spaces=\"true\">The biggest rival<\/span><span data-preserver-spaces=\"true\"> \u2013 <\/span><span data-preserver-spaces=\"true\">Ethereum (ETH)<\/span><span data-preserver-spaces=\"true\"> \u2013 <\/span><span data-preserver-spaces=\"true\">is up by 1.5%, while Solana (SOL), Dogecoin (DOGE), and Cardano (ADA) have witnessed increases of 3% to 5%.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The best performer from the top 20 <\/span><span data-preserver-spaces=\"true\">club<\/span><span data-preserver-spaces=\"true\"> today is undoubtedly Ripple\u2019s XRP. Its price <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/why-is-the-ripple-xrp-price-up-today-23\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">soared<\/span><\/a><span data-preserver-spaces=\"true\"> by 12%, reaching a 10-day high of $2.75. <\/span><span data-preserver-spaces=\"true\">This<\/span><span data-preserver-spaces=\"true\"> happened shortly after the US SEC acknowledged Grayscale\u2019s application to convert its XRP Trust into an exchange-traded fund (ETF).<\/span><\/p>\n<p>While the sector\u2019s landscape is predominantly green, there are some assets experiencing decreases. Binance Coin (BNB), which was at the forefronts of gains on February 13, is down 5% in the last 24 hours, whereas TRON (TRX) has slipped by 3%.<\/p>\n<p><span data-preserver-spaces=\"true\">The total cryptocurrency market capitalization has climbed to $3.23 trillion, representing a 1.5% increase for the day.<br \/>\n<\/span><\/p>\n<figure id=\"attachment_383336\" aria-describedby=\"caption-attachment-383336\" style=\"width: 910px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/Heatmap.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-383336\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/Heatmap.png\" alt=\"Cryptocurrency Market Overview\" width=\"910\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/Heatmap.png 1877w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/Heatmap-300x132.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/Heatmap-1024x450.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/Heatmap-768x338.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/Heatmap-1536x675.png 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/Heatmap-50x22.png 50w\" sizes=\"auto, (max-width: 910px) 100vw, 910px\"><\/a><figcaption id=\"caption-attachment-383336\" class=\"wp-caption-text\">Cryptocurrency Market Overview, Source: QuantifyCrypto<\/figcaption><\/figure>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/bitcoin-btc-reclaims-97k-ripple-xrp-soars-by-12-daily-market-watch\/\" rel=\"nofollow\">Bitcoin (BTC) Reclaims $97K, Ripple (XRP) Soars by 12% Daily (Market Watch)<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency market has shown some resurgence in the past 24 hours, with numerous leading digital assets charting mild gains. Bitcoin (BTC), for instance, climbed by 1% and surpassed $97,000 again. Many of the well-known altcoins have performed much better than the primary cryptocurrency. Ripple\u2019s XRP is the most evident example, with its valuation jumping [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-13063","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13063"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13063\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}