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Famagusta Gazette

News From Cyprus

Here are some of the latest cryptocurrency headlines from February 18

ByFamagusta Gazette

Feb 18, 2025

**Bitcoin Remains Below $96,000**: Bitcoin (BTC), the world’s oldest and most valued cryptocurrency, remained below the $96,000 mark.

The global crypto market cap dipped to $3.14 trillion, with Bitcoin’s price standing at $95,440.69: Bitcoin Remains Below 96,000

**Sonic (S) Token Rallies**: Sonic (S) emerged as the top performer, surging 17% in the past 24 hours.

The token’s total value locked (TVL) hit $426.66 million, signaling increasing market confidence.

**Solana (SOL) Stumbles**: Solana (SOL) saw a 4.5% drop in price, reflecting ongoing investor uncertainty and bearish whale activity.

**FTX Repayments Begin**: Defunct exchange FTX started repaying Bahamas creditors with 9% interest. Creditors outside the Bahamas must wait until March 4 for reimbursement.

 **Jupiter (JUP) Token Buybacks**: Jupiter DEX announced a buyback of JUP tokens, allocating 50% of protocol fees to buy back and lock JUP tokens for three years. This move is part of the DEX’s transparency initiative.

 

Famagusta Gazette