Cryptocurrency markets are buying and selling decrease on Friday after a $1.4 billion hack on Bybit dragged down the market.
| Cryptocurrency | Worth | Good points +/- |
| Bitcoin BTC/USD | $95,385.38 | -3.1% |
| Ethereum ETH/USD | $2,634.96 | -4.3% |
| Solana SOL/USD | $168.78 | -3.5% |
| XRP XRP/USD | $2.52 | -6.9% |
| Dogecoin DOGE/USD | $0.2400 | -5.6% |
| Shiba Inu SHIB/USD | $0.00001494 | -4% |
Notable Statistics:
- IntoTheBlock information reveals giant transaction quantity rising by 12.3% and day by day lively addresses rising by 4%. Transactions higher than $100,000 are up from 9,587 to 9,988 in a single day. Exchanges netflows are up by 105.3%.
- Coinglass information studies 188,950 merchants had been liquidated up to now 24 hours for $551.47 million.
Notable Developments:
Prime Gainers:
| Cryptocurrency | Worth | Good points +/- |
| Story IP/USD | $4.51 | +17.8% |
| Jito JTO/USD | $3.04 | +11.7% |
| Bitget Token BGB/USD | $4.67 | +3% |
Dealer Notes: Extra Crypto On-line famous that Bitcoin has confirmed an area prime, aligning with broader market traits. The worth did not maintain above the Feb. 14 excessive. For a bullish continuation, it ought to maintain above $94,645 on this potential wave 2. The important thing invalidation degree is $93,450.
Crypto dealer CJ defined Bitcoin has tagged final week’s excessive and low. It supplied clear trades on either side of the vary. The dealer awaits to see if mid-range demand holds. Ideally, BTC ranges via the weekend.
Earlier week excessive and low tagged.
Each side of the vary produced a really clear commerce.
Let’s have a look at if the mid-range demand holds or not. Ideally simply vary for the weekend.
Notable power on a pair alts right here e.g. ENA
— CJ (@CJ900X) February 21, 2025
Crypto dealer Jelle reaffirmed his expectations and predicts that market seems good for a powerful finish to the month.
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