TODAY UPDATE MARKET Report – February 14, 2025

As of February 14, 2025, the cryptocurrency market is experiencing notable movements. Here’s an overview of key cryptocurrencies:

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Bitcoin (BTC):

• Price: $96,914.00
• Change: +1.09%
• High: $97,241.00
• Low: $95,258.00

Ethereum (ETH):

• Price: $2,695.70
• Change: +1.35%
• High: $2,719.54
• Low: $2,618.75

XRP:

• Price: $2.76
• Change: +13.58%
• High: $2.77
• Low: $2.42

Dogecoin (DOGE):

• Price: $0.2732
• Change: +6.33%
• High: $0.2739
• Low: $0.2539

Shiba Inu (SHIB):

• Price: $0.00001657
• Change: +2.28%
• High: $0.00001678
• Low: $0.00001595

Recent Developments:

1. GameStop’s Crypto Investment Consideration:
   • GameStop is reportedly considering investing in Bitcoin and other cryptocurrencies, aiming to emulate MicroStrategy’s strategy of incorporating Bitcoin into its business model. This move has contributed to the recent uptick in Bitcoin’s price.
2. Pro-Crypto U.S. Administration:
   • The current U.S. administration has expressed support for cryptocurrencies, pledging to establish the U.S. as a global crypto hub with light-touch regulation. This favorable stance has positively influenced crypto prices.
3. Coinbase’s Strong Q4 Earnings:
   • Coinbase reported impressive Q4 2024 results, with earnings per share of $4.68, up from $1.04 the previous year, and a 138% increase in revenue to $2.27 billion. This surge was driven by significant growth in transaction revenue and subscription services.

Market Trends:

The cryptocurrency market began 2025 with a surge, reaching a $3.76 trillion market cap on January 7, driven by pro-crypto U.S. policies. However, sentiment shifted later in January due to concerns about overvalued tech stocks, leading to a broader sell-off across traditional and crypto markets.

Note: Cryptocurrency markets are highly volatile. It’s essential to stay updated with the latest information and exercise caution when making investment decisions.