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Bitcoin and Ether Prices Plummet in February Decline

Newsroom

28 Feb 2025

Cryptocurrency Market Faces Sharp Declines

In a continued downward trend, bitcoin witnessed another drop on Friday morning. The cryptocurrency fell below the $80,000 mark, resulting in a decline of more than 20% for the month of February.

This drop prompted a widespread sell-off in the crypto market. Ether, the second-largest cryptocurrency after bitcoin, also saw a decrease, slipping under $2,100—a level it had maintained since August.

Future Price Predictions

Amidst the volatility, some industry leaders maintain a hopeful outlook for bitcoin's future. One CEO has expressed a belief that bitcoin could reach $250,000 by 2025.

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XRP Price Consolidates as Key Levels Hold

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XRP: Current Situation, SEC Negotiations and Positive Market Signals

Ripple Faces Regulatory Pressure but Gains Institutional Interest XRP Price and Market Status XRP is currently trading at $2.42, with a market capitalization of approximately $140.86 billion, making it the fourth-largest cryptocurrency behind Bitcoin, Ethereum, and Tether. Despite some market fluctuations, the price remains relatively stable, with a