BTC PRICE maintains $ 80,000 after favorable consumer price index data, XRP to get the status of goods? (Your weekly summary)

It was another week of events and very volatile in the cryptocurrency industry that started on the wrong foot, again. Let’s dive.

After a relatively slow weekend, BTC spent about $ 86,000 without any major moves in either direction, began on Monday with some fluctuations that paid the origin in the south to 80,000 dollars before it rose to $ 84,000.

However, this was a short relief gathering as Bitcoin was again exposed on Tuesday. This time, though, diving was more painful as BTC fell to less than $ 77,000 for the first time since early November 2024.

The bulls finally managed to intercept this step and did not allow an additional collapse. Quite the opposite, Bitcoin raised up to $ 84,000 after a day after the best consumer price index numbers expected for February. However, the cryptocurrency failed to maintain its operation and slip to 81,000 dollars and up to $ 80,000 on Thursday and early Friday.

Its unification continued during the past 12 hours or so, but this time to the upper limits of that channel. As of now, BTC is approximately $ 84,000, but the total scene is still dark. In fact, the weekly scale is completely painful because most encryption origins are deep in red. Bitcoin is leading the package with a 6 % decrease since this time last Friday.

It was the performance of many performance, which increased BTC’s hegemony to the highest level in four years. Some of the most damaged alts are ETH (-13 %), Doge (-16 %), ADA (-17 %), link (-16 %), LTC (-13 %), and sui (-18 %).

Market data

The maximum market: 2.811t | 24h Volume: 94 billion dollars BTC dominance: 58.9 %

BTC: 83,092 dollars (-6.4 %) | Eth: $ 1,895 (-8.3 %) | XRP: $ 2.3 (-8.3 %)

Curd addresses for this week you cannot miss

SEC is said to study XRP classification as a commodity. Although the legal pulsed between SEC and Ripple continues regarding the position of XRP in the country, recent reports have claimed that the regulator may completely change its melody and classify the distinctive symbol across the border as a commodity, similar to its view of Ethereum (ETHERUM).

Will Trump’s “short -term pain” plan lead to long -term encoding gains? According to market experts, Trump’s current policy focused on “short -term pain” to reduce inflation as well as interest rates for long distances. While this has had a catastrophic impact on the encryption market in recent weeks, analysts suggest that it could benefit the industry on a wider scale.

MGX invests $ 2 billion in the historic encryption financing deal. Binance announced earlier this week that it had received a record investment from one of the largest investment companies based on the United Arab Emirates, MGX. The financing, which is worth $ 2 billion, is the first battle in the cryptocurrency industry.

Ethereum is close to the main historical levels that preceded large gatherings. The decrease in the price of the consistent ETHEREUM since mid -January this year has decreased from the asset reduction by 50 % of its value within weeks. This led to a decrease in market levels of less than $ 2000. However, history indicates that this can be a convincing blessing and a good accumulation point, and many whales tend to agree by obtaining huge parts of ETH.

Nearly $ 400 million in BTC: large whales and sharks rebuild, time to buy bitcoin? It is not only eth, though. The large bitcoin entities, also known as whales and sharks, have accumulated approximately $ 400 million in BTC during a small time window as the price of encoded currency decreased at the beginning of the week.

The MVRV ratio of Bitcoin falls to the lowest annual levels – is this the final purchase sign? The low price of the south BTC has paid many major measures, including the market value to the achieved value index (MVRV). With his presence now at 1.8 (the lowest level since the correction of 2024), the question raises whether this is an appropriate entry point.

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This week, we have a striped analysis for ETHEREUM, Ripple, Cardano, Hyperlequid and Solana – Click here for full price analysis.