The price ladders this week were exciting to observe. But it reached new heights on 14th February 2025. After constant dips for 4 to 5 days, Solana and Dogecoin have got something to cheer for.
Price Wrap on 14th Feb
Solana is finally a gainer. Today, the coin gained around 2.88%. The same goes for Dogecoin. After monthly low volume and prices, this altcoin is up by 3.36%. But Friday would be memorable for XRP mainly. This legacy token finally got a hike of 5.91 %, which is the highest among any coin this week.
What about stablecoins?
The bearish streak continues for Bitcoin. It is hovering somewhere around $97000. It became a learning when the price fell to $96800 yesterday. But it has increased to a stable mark of $97000 again. However, the volatility of the market remains.
If we can ignore the bearish performance of Bitcoin, the rest of the bullish streaks are enough to encourage investors to make fresh purchases. Investor sentiments are the basic undercurrent that drives price growth or false.
Weekly Forecast for Bitcoin
Bitcoin is by far the biggest price holder in the crypto community. Therefore, BTC price movements should be closely tracked since February, Bitcoin price has gone down to a monthly low of 94000 USD. However, traders are projecting a short-term high of $100,000.
In the last 24 hours, Bitcoin price has consolidated. But the spot ETFs mark a huge sale off of the Bitcoin-based accounts worth $650.80 million until today.
When institutional investors are bailing out, it becomes difficult for individuals to keep trust. Investors say that the recent Russia-Ukraine status is affecting the coin price. The turbulent US economic status is also affecting it equally.
