Current currencies continue to struggle after sharp declines earlier in the week.
This sees Bitcoin (BTC) hovering less than $ 100,000 and most Altcoins fights to keep recent gains.
However, Litecoin (LTC) and FTX (FTT) are among the best winners on February 6, 2025.
Here is an update for the encryption market today.
Encryption news:
- Empiresx founders have fined more than $ 130 million for the fraudulent encryption scheme
- Betrue to include the original distinctive symbol of berachain: check details
- pump.
- 71 % of institutional merchants plan to overcome encryption in 2025: JPMORGAN scanning
Bitcoin bounces to 98 thousand dollars, but is the bears completed?
Bitcoin continued to show some flexibility on Thursday, as the price increased from the lowest level from 96174 dollars to trading above 98,700 dollars.
However, the gains still see the higher digital assets below the level of 100,000 psychological dollars.
This is followed by “Bears” rejection attempts to build momentum after the brutal sale of shares and digital assets last week.
The Deepseek Ai effect and the definitions added to the total struggles for Tradifi, while the lack of clear encoding stimuli means that BTC is still weak.
According to the financial scales platform on the chain and financial GlassnodeBitcoin fluctuation decreased over three months to 50 %.
In the previous bull markets, it exceeded 80 %, indicating a change in the BTC volatile profile.
#BTCThe fluctuations achieved on a 3 -month trading window are usually less than 50 % in this course, while regularly exceeded 80 % to 100 % in the previous two sessions. These low levels historically to display the bull market #BitcoinThe image of fluctuations changes: Glassno.de/4hlnlql
Altcoin Market Update
Despite Bitcoin prices, the Rekt Capital Duplicate To the dominance of BTC as it has risen 6 % since the end of 2024.
For each coinmarketcap, Bitcoin dominance reached 60.4 % and ETHEREUM by 10.6 %-where the ETH price decreased to the lowest level of $ 2,100 amid the last sales process that did not help on the top of Altcoin.
However, Ethereum was up to $ 2850 at the time of writing this report, an increase of 3 % over the past 24 hours.
BTCOIN’s The Resilience that BTC has shown that most Altcoins did not pick up the bullish momentum as expected. Ripple (XRP), Solana (Sol) and BNB (BNB) Trade near the main support levels.
Avalanche (AVAX and Cardano (ADA) prices managed to increase 1.6 % and -2 %, respectively, early in the day.
This despises the upscale developments related to the director of Swedish digital assets, which Declare The launch of AVAX and Ada Travers (ETPS) products on Nasdak Helsinki.
Litecoin, FTX icon among the best winners
Despite the major coins that struggle, Litecoin (LTC) and FTX symbol were among the best winners.
For LTC, which is evidence of the currency, many of the latest positive moves are due to developments about the traded investment funds.
LTC rose to a top from 109 dollars, an increase of 5 % after the New York Stock Exchange has transferred the confidence of Litecoin ‘Litecoin to Spot LTC ETF.
The FTX TOKEN mutation comes on the other hand, amid the FTX payment news news.
On Wednesday, FTX Recovery Trust noticed that the distributions of creditors who have less than $ 50,000 will start on February 18, 2025.
The FTT price increased by approximately 8 % and could reflect the previous trends as the distinctive code price has been pumped on payment ads.
Regardless of LTC and FTT, the top winners are among the 100 largest coins by the market roof are Sonic (S), official Trump (Trump) and Lido Dao (LDO).
Post Crypto: LTC and FTT RISE update, where BTC reviewed $ 98,000 first on Invezz
