Connect with us

Hi, what are you looking for?

Tradings Insight HubTradings Insight Hub

Investing News

Crypto Market Recap: Central African Republic Launches Meme Coin

Here’s an updated recap of the crypto landscape for Monday, February 10, 2025, as of 9:00 a.m. UTC.

Bitcoin and Ethereum price update

Bitcoin is trading at US$97,486, reflecting a 1.3 percent increase over the past 24 hours. The day’s trading range saw a high of US$97,974 and a low of US$94,747.

Meanwhile, Ethereum (ETH) is priced at US$2,646.23, showing a slight uptick of 0.008 percent over the same period. The cryptocurrency reached an intraday high of US$2,663.99 and a low of US$2,541.34.

Altcoin price update

Solana (SOL) is currently valued at US$203.29, marking a 1.6 percent increase over the past 24 hours, after hitting a daily high of US$205.63 and a low of US$194.02.XRP rose to US$2.42 at the end of the trading day. The cryptocurrency reached an intraday high of US$2.45 and a low of US$2.32.
Sui (SUI) is trading at US$3.19, reflecting a 4.6 percent increase. It achieved a daily high of US$3.25 and a low of US$2.88.
Finally, Cardano (ADA) is down, priced at US$0.6969, reflecting a 0.8 percent decrease over 24 hours. Its highest price today was US$0.7046 and its lowest was US$0.6538.

ETF update

SPDR S&P 500 ETF Trust (SPY) is trading at US$600.77, marking a 0.92 percent decline over 24 hours. The ETF reached an intraday high of US$611.04 and a low of US$599.31.

Meanwhile, iShares Core S&P 500 ETF (IVV) is priced at US$603.80, reflecting a decrease of 0.94 percent. The day’s trading range saw a high of US$613.75 and a low of US$602.98.

Finally, Vanguard S&P 500 ETF (VOO) is down 0.93 percent to US$552.20. The ETF recorded a high of US$561.83 and a low of US$550.92.

Crypto news to know

Donald Trump is set to announce new 25 percent tariffs on all steel and aluminum imports, escalating trade tensions.

Speaking aboard Air Force One, Trump confirmed the tariffs would be unveiled on Monday, with reciprocal tariffs following later in the week.

Meanwhile, the Central African Republic has launched a meme coin called $CAR in an effort to raise the country’s global profile.

President Faustin-Archange Touadera described it as an ‘experiment’ to showcase how a meme-based token can support national development.

The launch follows the country’s previous adoption of Bitcoin as legal tender. However, an official account for $CAR updates was suspended by X on Monday, and the government is working to restore it.

The token was trading at US$0.22 as of Monday (February 10) morning.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

You May Also Like

Investing News

Rare earth metal production was on the rise again in 2023, jumping to 350,000 metric tons (MT) worldwide — that’s up significantly from 190,000...

Investing News

While gold is seen as a stable asset, it’s not immune to gains and losses. For this reason, understanding the trends that move the...

Investing News

~Greenlane to supply complete landfill gas-to-biomethane upgrading solution to repeat customer~ Greenlane Renewables Inc. ( ‘Greenlane ‘) (TSX: GRN) (FSE: 52G) is pleased to announce...

Business News

Tesla on Friday unveiled a restyled, made-in-China Model 3 with a longer driving range, the first time the automaker has launched a new model in...

Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Copyright © 2024 TradingsInsightHub.com All Rights Reserved.