Bitcoin steadied near weekly highs as concerns ease, but most altcoins remain weak. Market shows early signs of recovery despite broader downtrends.
Crypto Markets Today: Bitcoin Holds Near Weekly High, Altcoins Remain Subdued
Bitcoin steadied near weekly highs as concerns ease, but most altcoins remain weak. Market shows early signs of recovery despite broader downtrends.
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Bullish options pricing and renewed ETF inflows have analysts calling new highs for the largest cryptocurrency.
The $100 million transfer follows the exchange's Jan. 30 announcement that it would shift the SAFU fund toward bitcoin over a 30-day period.
Some $6 billion of the notional value in bitcoin is currently set to expire out of the money.
A popular crypto analyst on X sees ETH reaching $8,000 to $13,000 in Q4; meanwhile, SharpLink Gaming adds $295 million worth of ether to its treasury.