On February 22, the cryptocurrency market experienced a lot of activity, with prices dropping according to data from CoinMarketCap. The global market cap decreased by 1.62%, falling to $1.95 trillion and signaling a bearish sentiment in the overall market. Prominent cryptocurrencies including Bitcoin, Ethereum, XRP, and Solana all saw a decline in prices, possibly due to the large-scale liquidation of crypto assets reported by CoinGape Media yesterday.

Here’s a breakdown of the major crypto prices today:

Bitcoin continued its downward trend after the liquidation, with a 1.28% drop in the past 24 hours. Its current price is $51,411 with a market cap of $1.009 trillion. Trading volume also saw a significant decrease of 9.45%, reaching $29.25 billion. Data from derivatives also showed a 1.18% decrease in open interest, indicating a downtrend in the market.

Ethereum also saw a considerable 3% dip in its price, currently trading at $2,918. After breaking the $3K mark, the second most popular cryptocurrency saw a significant drop following the $300 million liquidation. As of now, ETH has a market cap of $350.97 billion, with a 2.87% decrease, and a 24-hour trading volume of $19.08 billion, down by 3.41%.

Solana’s price fell by 3.98%, currently trading at $102.74. Its market cap also saw a decrease of 3.98%, reaching $45.29 billion, while the 24-hour trading volume dropped by 13.63%, reaching $2.23 billion. XRP, the Ripple-backed token, also saw a 2.80% decline, currently priced at $0.5421. Its trading volume dropped by 19.11%, while the market cap stands at $29.58 billion.

Sam Bankman-Fried, CEO of FTX, has decided to keep his new legal team amid concerns about the recent settlement with Genesis Trading.

Here are the top crypto prices for today:

Worldcoin, with a market cap of $977.89 million, saw a 4.33% increase in the past 24 hours, currently trading at $7.36. In the past week, the token has seen a significant surge of 137.73%, thanks to factors such as whale accumulations and increasing project adoption.

Pepe coin (PEPE), a meme coin, saw a 4.21% decrease in its price, currently trading at $0.000001116. Its market cap also dropped by 4.20%, reaching $469.54 million, while the 24-hour trading volume decreased by 20.89% to $100.72 million.

Starknet (STRK) also saw a significant drop in its price, falling by 6.24% today and currently trading at $1.88. Its trading volume decreased by 33.56%, while the market cap dropped by 6.08%, reaching $1.37 billion. The recent listing on Binance has sparked speculations about the token’s price movement.

DCG, the parent company of Grayscale Investments, has expressed their disagreement with the recent settlement with Genesis Trading, calling it “subversive” in their court objection.