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Cryptocurrency Price Today: Bitcoin Touches $64,000 For The First Time Since November 2021

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Cryptocurrency Price Today: Bitcoin Touches ,000 For The First Time Since November 2021

Bitcoin (BTC), the oldest and most valued cryptocurrency in the world, briefly touched the $64,000 mark for the first time since November 2021, before settling down at around $62,500 early Thursday. The excitement among investors around BTC exchange-traded funds (ETF), which saw a daily trading volume of over $7.7 billion, is driving the latest rally. Other top coins, including the likes of — Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw notable gains across the board. Memecoin BONK emerged to be the biggest gainer of the lot, with a 24-hour jump of over 56 percent. Bitget Token (BGB) became the biggest loser, with a 24-hour dip of nearly 6 percent. 

The global crypto market cap stood at $2.29 trillion at the time of writing, registering a 24-hour gain of 6.42 percent.

Bitcoin (BTC) Price Today

Bitcoin price stood at $62,538.10, registering a 24-hour gain of 9.37 percent, as per CoinMarketCap. According to Indian exchange WazirX, BTC price stood at Rs 54 lakh.

Ethereum (ETH) Price Today

ETH price stood at $3,268.95 marking a 24-hour gain of 1.20 percent at the time of writing. As per WazirX, Ethereum price in India stood at Rs 2.99 lakh.

Dogecoin (DOGE) Price Today

DOGE registered a 24-hour jump of 5.41 percent, as per CoinMarketCap data, currently priced at $0.09517. As per WazirX, Dogecoin price in India stood at Rs 10.99.

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Litecoin (LTC) Price Today

Litecoin saw a 24-hour dip of 0.83 percent. At the time of writing, it was trading at $74.32. LTC price in India stood at Rs 6,999,79.

Ripple (XRP) Price Today

XRP price stood at $0.5816, seeing a 24-hour jump of 4.61 percent. As per WazirX, Ripple price stood at Rs 51.

Solana (SOL) Price Today

Solana price stood at $122.69, marking a 24-hour dip of 1.05 percent. As per WazirX, SOL price in India stood at Rs 9,991. 

Top Crypto Gainers Today (February 29)

As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:

Bonk (BONK)

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Price: $0.00002142
24-hour gain: 56.47 percent

JasmyCoin (JASMY)

Price: $0.02259
24-hour gain: 38.69 percent

Dogecoin (DOGE)

Price: $0.1253
24-hour gain: 31.29 percent

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Shiba Inu (SHIB)

Price: $0.00001325
24-hour gain: 22.18 percent

Aptos (APT)

Price: $12.32
24-hour gain: 22.14 percent

Top Crypto Losers Today (February 29)

As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

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Bitget Token (BGB)

Price: $0.9495
24-hour loss: 5.35 percent

ApeCoin (APE)

Price: $1.90
24-hour loss: 4.87 percent

Pyth Network (PYTH)

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Price: $0.6594
24-hour loss: 4.83 percent

Dymension (DYM)

Price: $6.04
24-hour loss: 4.36 percent

Theta Network (THETA)

Price: $1.90
24-hour loss: 4.25 percent

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What Crypto Exchanges Are Saying About Current Market Scenario

Mudrex co-founder and CEO Edul Patel told ABP Live, “Bitcoin climbed above the $63,000 level in the past 24 hours gaining 7%. This surge is attributed to the ten spot Bitcoin ETFs in the US registering a new daily record by surpassing the $7.7 billion trading volume as retail investors jump on crypto rally. BlackRock’s Bitcoin ETF traded $3.3 billion on Wednesday, twice as much as its previous volume record. Bitcoin surged over 50% on a year-to-date surpassing the $60,000 threshold level for the first time since Nov 2021. Currently, Bitcoin is trading at the $61,000 level and is eyeing $65,000. If this momentum continues, it is likely that Bitcoin will beat its previous all-time high soon.”

CoinSwitch Markets Desk noted, “In the last 24 hours, unprecedented volumes were seen in Bitcoin spot ETFs with a total of $7.5 billion being traded, doubling the previous record as BTC hit an all-time high in the Indian markets. Bitcoin is now up by more than 44% in February which is the highest monthly move since December 2020. All Indian investors who had previously invested in Bitcoin are now in a profitable position with the market sentiment slowly moving towards the ‘extreme greed’ category. A glimpse of what might happen if you are too late was visible yesterday. After BTC reached $64k, there was a sudden dip due to sudden profit booking and BTC’s price fell below $59k within minutes, causing close to $200 million worth of liquidations within just one hour. Simultaneously, the world’s largest fiat-based exchange Coinbase went down for a bit.”

Rajagopal Menon, Vice President, WazirX, said, “Bitcoin’s volatile ride saw a sudden 7% plunge from its $64,000 peak, causing chaos for leveraged traders. After briefly soaring above $60,000 for the first time since November 2021, BTC dropped to $59,400, rebounding to $61,587. The major cryptos, including ETH, SOL, XRP, ADA, DOGE, and AVAX, also faced 4% to 9% declines within an hour. The market turmoil led to $700 million in liquidations, marking the most significant wipe-out since last August. Despite the crypto carnage, spot bitcoin ETFs, notably BlackRock’s IBIT, experienced record-breaking volumes, reaching $3.3 billion.”

Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin’s bullish trajectory extends to its performance against the Indian Rupee (INR), with key resistance levels identified at $61,544, $64,848, and $68,242, mirroring its USD counterpart. Notably, the INR’s previous ATH is also surpassed, indicating broader market strength. Support levels at $54,425, $52,597, and $47,572 offer stability against pullbacks, while the RSI at 85 suggests heightened buying pressure, warranting caution for potential corrections. The formation of the “three white soldiers” candlestick pattern and the INR’s upward trendline support reinforce bullish sentiment, augmented by the 50-day EMA at $47,818. Breaking resistance at $61,500 could signal continued bullish momentum, emphasizing careful monitoring amid potential fluctuations despite overall positive market sentiment.”

Shivam Thakral, CEO of BuyUcoin, said, “Bitcoin has gained more than 10% in a day, briefly touching $64,000 for the first time since November 2021. The cryptocurrency price is one step closer to its all-time high as Bitcoin ETFs broke their trading volume record with a huge day at $7.69 billion. Blackrock’s iShares Bitcoin Trust, IBIT, broke its own trading volume records at $3.3 billion. Ethereum hasn’t matched the pace of Bitcoin but is steadily rallying, crossing $3,400. It may be possible to see a new all-time high in Bitcoin before halving this year.” 

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CoinDCX Research Team told ABP Live, “BTC surged to $64,000, nearing its all-time high, while ETH reached $3,400, marking new highs for the year. This rally is driven by historical trends before halving events, strong inflows into BTC spot ETFs, and support from major institutions. Following its ascent to $64,000, BTC experienced a rapid drop to $59,000, triggering high-leverage liquidations on both sides. It has since stabilized above $61,500. This volatile movement led to liquidations in altcoins as well. BTC’s stability is crucial for altcoins to regain momentum. The next key levels for BTC are $65,000-$66,000, followed by its all-time high at $69,000. Despite attempting to breach the $3,500 level, ETH underperformed BTC as the ETH/BTC pair weakened. Currently, ETH is holding slightly above $3,400.”

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Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.

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Trust Wallet Adds AI Transaction Layer to Self-Custody Wallet Infrastructure

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Trust Wallet Adds AI Transaction Layer to Self-Custody Wallet Infrastructure

Trust Wallet Agent Kit: AI Can Now Act on Your Crypto — With Your Permission

The kit ships in two configurations. In the first, developers set up a dedicated wallet built specifically for AI agent activity, where users define permissions upfront, and the agent can run automated strategies like dollar-cost averaging, limit orders, and price alerts, without asking for approval on every transaction.

In the second configuration, an AI agent connects to a user’s existing Trust Wallet through Walletconnect, proposes transactions, and waits for the user to approve them before anything moves. The firm notes that the user’s custody stays intact throughout.

The release follows Trust Wallet’s Developer Portal, which opened last week with read-only access to crypto data across more than 100 blockchains, including live prices, token metadata, and onchain risk signals. The Agent Kit extends that foundation by adding the ability to act, not just observe.

At launch, supported networks include Ethereum-compatible chains, Solana, Bitcoin, BNB Chain, Cosmos, TON, Aptos, Tron, NEAR, and Sui. Trust Wallet says that coverage makes it the broadest chain-compatible AI wallet infrastructure currently available.

The kit integrates with Model Context Protocol (MCP), the standard developers use to connect AI systems to external platforms, and is available through a command line interface. According to the company’s announcement, a developer can go from account creation to a working AI agent in under 15 minutes.

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Out-of-the-box features include token swaps, limit orders, automated strategies, ENS resolution, ERC-20 approvals, message signing, portfolio tracking, wallet auto-lock, and a REST API for deeper integrations.

Felix Fan, CEO of Trust Wallet, remarked in a statement that AI agents need a trusted layer before they can safely act on a user’s finances. The Agent Kit, he said, gives developers the tools to build agents that execute on real wallets within rules the user sets.

Trust Wallet, which reports more than 220 million downloads, describes its broader goal as becoming the self-custody infrastructure for AI-powered finance, a foundational layer that lets AI participate in crypto workflows without users surrendering ownership of their assets.

The company plans to bring AI features directly to end users inside the Trust Wallet app over the coming months, with in-wallet insights, automated strategies, and personalized alerts. A separate Agent Marketplace is also on the roadmap, where developers can publish reusable agent strategies and trading bots for users to deploy directly from their wallets.

Trust Wallet’s development arrives as a growing number of crypto firms roll out services and features tailored to the emerging agentic economy. Since the debut of Openclaw, interest in AI agents has accelerated profoundly, with companies such as Circle, Binance, Coinbase, and a myriad of others unveiling tools and infrastructure focused squarely on this evolving segment.

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FAQ 🔎

  • What is the Trust Wallet Agent Kit? It is a developer tool that allows AI agents to execute real crypto transactions on a user’s wallet across more than 25 supported blockchains.
  • How does Trust Wallet keep users in control of AI transactions? Users can require per-transaction approval through WalletConnect or configure preset permissions on a dedicated agent wallet before any automation runs.
  • What blockchains does the Trust Wallet Agent Kit support? At launch it supports Ethereum-compatible chains, Bitcoin, Solana, BNB Chain, Cosmos, TON, Aptos, Tron, NEAR, and Sui.
  • Where can developers access the Trust Wallet Agent Kit? The kit is available now via the Trust Wallet Developer Portal at portal.trustwallet.com.
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Cedar Falls delays public hearing on crypto mining operation, power plant

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Cedar Falls delays public hearing on crypto mining operation, power plant

CEDAR FALLS, Iowa (KCRG) – Cedar Falls city officials postponed a public hearing on zoning and code changes needed for a proposed power plant and cryptocurrency mining operation.

The hearing was pushed back to April 22 amid concerns from residents about environmental impacts and utility costs.

Cedar Falls Utility and Simple Mining, the company behind the cryptocurrency operation, say their projects will not negatively impact the public or the environment. Residents at Tuesday night’s meeting showed skepticism about those claims.

People are concerned about noise levels and water and electricity usage. Simple Mining says its crypto mining will use a closed loop water cooling system, which will allow the operation to use very little water. The company also says it can be shut down quickly when energy rates are higher.

Matt Hein, Simple Mining Director of Energy Infrastructure, said the company’s energy usage is a benefit to Cedar Falls.

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“Our large consumption of electricity is an economic benefit to the city of Cedar Falls,” Hein said. “We help pay for schools, we help pay for roads.”

People worry high energy usage will push their utility bills up.

Cedar Falls Utility says the power plant was planned for years before the crypto operation became part of the picture.

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US 10-Year Treasury Yield Hits 8-Month High Above 4.4%, Pulls Back on Middle East Ceasefire Reports

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US 10-Year Treasury Yield Hits 8-Month High Above 4.4%, Pulls Back on Middle East Ceasefire Reports

Bond Market Selloff Pushes 10-Year Yield

The move reflected a sharp repricing of inflation and fiscal risk. Bond prices fell as investors demanded higher returns on longer-dated government debt, pushing the 10-year yield to close at approximately 4.39% on Tuesday, according to data tracked by Ycharts and the St. Louis Fed’s FRED database.

Three overlapping pressures drove the climb. The ongoing U.S.-Iran conflict — including airstrikes and troop deployments, raised fears of oil supply disruptions near the Strait of Hormuz. Crude prices spiked, embedding higher energy costs into inflation expectations and pulling bond prices lower, particularly at the long end of the curve.

10 Year Treasury Rate (I:10YTCMR) via Ycharts.

Fiscal concerns compounded the move. Increased military spending added to already elevated deficit projections, deepening term-premium pressure on Treasuries. Weak recent bond auctions further signaled reduced demand from investors, questioning long-term fiscal sustainability.

The Federal Reserve provided no offset. At its March 18 meeting, the Fed held the federal funds rate steady at 3.50%–3.75% in an 11-1 vote, citing sticky inflation, solid economic activity, and uncertainty tied to the Iran conflict. The Fed’s dot plot still projected one rate cut in 2026, but futures markets largely priced out meaningful easing this year — with some traders pushing rate-cut expectations into 2027.

That hawkish stance steepened the yield curve. Short-term rates stayed anchored while long-end yields rose on persistent inflation bets — a classic “higher for longer” repricing that forced an unwind of leveraged bond positions.

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Jurrien Timmer, Director of Global Macro at Fidelity Investments, flagged the technical significance of the move. “While the 10-year yield broke out of a short-term range, the weekly chart still shows bonds holding within a long triangle in place since 2022,” Timmer wrote Wednesday. “If it breaks, it will be a problem not only for bonds but equities and other assets as well.” He added that yields are rising globally: “This is a global reset.”

US 10-Year Treasury Yield Hits 8-Month High Above 4.4%, Pulls Back on Middle East Ceasefire Reports
10-2 Year Treasury Yield Spread (I:102YTYS) via Ycharts.

Keith McCullough, CEO of Hedgeye Risk Management, pointed to the trend’s staying power. “10-Year Yield Holds Uptrend as Inflation Nowcast Accelerates during Quad3,” McCullough posted Wednesday. “The bond market isn’t buying the narrative. 10Y still making higher highs and lows. Range: 4.20–4.43%.”

Wednesday’s partial reversal showed how sensitive yields remain to geopolitical headlines. As ceasefire reports circulated, the 10-year traded near 4.32%–4.33%, giving back a portion of the prior day’s advance.

Timmer’s earlier note captured the line markets are watching: “Nothing good happens above 4.5% when the risk-free rate is competitive with risky assets.” That level sits roughly 17 basis points above Tuesday’s close.

Whether yields resume their climb depends on two variables: sustained inflation data and any re-escalation in the Middle East. Markets are positioned for both. For now, the 10-year yield remains a live stress indicator, not just for bonds, but for equities, credit, and rate-sensitive sectors across the U.S. economy.

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FAQ 🔎

  • Why did the 10-year Treasury yield rise above 4.4% in March 2026? The yield climbed due to overlapping pressures from U.S.-Iran conflict oil fears, elevated federal deficit spending, and a Federal Reserve holding rates steady with few cuts expected in 2026.
  • What does a higher 10-year Treasury yield mean for the U.S. economy? Rising long-term yields increase borrowing costs for mortgages, corporate debt, and government financing, putting pressure on equities and rate-sensitive sectors.
  • When did the 10-year yield last trade this high? The March 24, 2026 close near 4.39% marked the highest level in approximately eight months, dating back to around July 2025.
  • Will U.S. Treasury yields continue rising in 2026? Analysts say the path depends on incoming inflation data and whether the Middle East conflict escalates further or moves toward a sustained ceasefire.
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