Crypto prices on Feb 17: BTC & altcoins struggle amid market volatility

February 16, 2025 09:43 PM PST | By Invezz

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Crypto prices on Feb 17: BTC & altcoins struggle amid market volatility — Image source: Invezz

Ethereum (ETH) and XRP continue to struggle

Ethereum (ETH) also faced challenges, with a decline of over 1% in the past 24 hours, bringing its price to $2,664.

Ethereum’s price fluctuated between $2,655.30 and $2,724.40 during the day, reflecting ongoing market struggles.

In addition, Ethereum futures OI dropped by 0.5%, now standing at $22.95 billion.

XRP experienced a notable 3% drop in price, trading at $2.70.

The coin’s intraday low and high were recorded at $2.70 and $2.80, respectively. XRP’s futures OI also saw a decline of nearly 5%, now at $4.10 billion.

Solana price drops

Solana (SOL) saw a steep drop of 5% on Monday, with its price falling to $184.

The coin’s 24-hour low and high were $184 and $196, respectively.

While Solana’s performance mirrors the overall market downtrend, its futures OI increased by nearly 9% in the last 24 hours, reaching $5.88 billion.

Meme cryptos DOGE & SHIB slip

Meme coins also took a hit, with Dogecoin (DOGE) losing nearly 2%, trading at $0.26.

Shiba Inu (SHIB) followed suit, dropping by over 1% to $0.00001592.

TRUMP coin, another meme crypto, saw a 3% decline, trading at $18.36.

Crypto gainers and losers on Feb 17: Sonic (S) leads the pack

Despite the broader market’s struggles, Sonic (S) emerged as a strong performer, gaining 4% and reaching a price of $0.544.

Source: CoinmarketCap

PancakeSwap (CAKE) also saw positive movement, gaining 3% to reach $2.74, while The Graph (GRT) added 3%, trading at $0.1417.

On the downside, Jupiter (JUP) experienced the largest loss, dropping 10% to $0.8438.

Litecoin (LTC) and Raydium (RAY) also struggled, with LTC falling 8% to $124.52, and RAY dropping 7% to $4.91.

The post Crypto prices on Feb 17: BTC & altcoins struggle amid market volatility appeared first on Invezz

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