Crypto Price Today (Feb 5, 2025): Selling Pressure Continues, MELANIA Pumps 20%

The selling pressure in the crypto market continued on 5th February with Bitcoin tying hard to surge above the $100,000 price mark. Bitcoin price hit the daily high of $100,677 and it is currently trading near $97,500. 

As the market is still recovering from Sunday’s dip, major altcoins – including SOL, BNB, SUI, LINK and others – are witnessing huge volatility. SOL price pumped as high as $218 earlier in the day while currently dipping below $205 – as per Coinmarketcap data . 

While most leading crypto assets were trading on downtrend, some of the memecoins spiked with significant price uptrend. Both the Dogwifhat (WIF) and Pudgy Penguins’ PENGU have spiked over 10% in the past 24 hours. 

Today’s eye-catcher was the MELANIA memecoin, which has spiked over 20% in the past 24 hours. It is currently trading at $1.7 with a market cap of $820 million. 

MELANIA Memecoin – Source: Coinmarketcap

Trending Crypto Today 

MELANIA (Official Melania Meme)

XPR (XPR Network, Formerly known as Proton)

ALPHA (Alpha)

FORTH (Ampleforth)

AMP (Amp)

Top Daily Gainers

AMP (Amp): + 21%

Official Melania Meme (MELANIA): +20%

FTX Token (FTT): +13%

Pudgy Penguins (PENGU): +11%

Dogwifhat (WIF): +10%

The 24 hour total crypto trading volume for today is $174.5 billion, down 27% compared to that of yesterday. The global crypto market is today valued at $3.21 trillion.