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Crypto News Today (08th March, 2025): XRP News Trends as $125M Fine Makes Headlines
The cryptocurrency market is experiencing a downturn today, with the total market capitalization dropping by 1.56%, currently standing at $2.84 trillion. This significant decline comes on the heels of the Crypto Summit concluding yesterday. The trading volume has also taken a hit, plummeting by 10% to reach $116.4 billion, as investors remain cautious.
Moreover, the Fear & Greed Index is now at 25, indicating a general sense of fear prevailing across the market.
In other news, Bitcoin’s price has fallen by 2.08%, currently trading at $86,175.58. The market capitalization of this prominent cryptocurrency stands at $1.7 trillion, with its dominance remaining strong at 60.3%. It is worth noting that the high and low prices for Bitcoin today have been marked at $109,114.88 and $85,247.48, respectively.
Additionally, Ethereum’s value has depreciated by 1.64%, now priced at $2,137.56. Other notable altcoins such as XRP and Solana have posted losses of 6.42% and 2.60%.
