๐จ UPDATE: About $570 billion has been wiped from the crypto market so far this year, with the total market cap down roughly 19%.
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๐ Crypto Fear and Greed Index update:
๐งญ Index value: 14
๐ฑ Sentiment: Extreme Fear ๐
๐ฐ BTC price: $71,000
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๐งญ Index value: 14
๐ฑ Sentiment: Extreme Fear ๐
๐ฐ BTC price: $71,000
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๐บ๐ธ ETF FLOWS: BTC, ETH and XRP spot ETFs posted net inflows on Feb. 9, while SOL spot ETFs saw net outflows.
BTC: $145M
ETH: $57.05M
SOL: - $14.5K
XRP: $6.31M
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BTC: $145M
ETH: $57.05M
SOL: - $14.5K
XRP: $6.31M
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NEW: ๐บ๐ธ Treasury Secretary Scott Bessent says the Bitcoin and crypto market structure needs to pass this spring. 'We need to get this Clarity Act done. I'm optimistic.'
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๐ Crypto Fear and Greed Index:
๐งญ Current value: 11
๐ฑ Market sentiment: Extreme Fear
๐ฐ Bitcoin price: $68,200
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๐งญ Current value: 11
๐ฑ Market sentiment: Extreme Fear
๐ฐ Bitcoin price: $68,200
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On the weekly chart, #STG remains anchored in a broad downtrend, tracing a long-term descending structure with consistent lower highs and lower lows. As long as the price stays below the descending channel and under $0.23 on a strong weekly close, the larger setup stays bearish. The latest move reads as a correction for now, and failure to clear resistance could push it back toward the channel lows.
Thereโs a short-term recovery attempt, but the macro trend stays bearish until key resistance levels are reclaimed on higher-timeframe closes.
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Thereโs a short-term recovery attempt, but the macro trend stays bearish until key resistance levels are reclaimed on higher-timeframe closes.
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๐ "Information travels at the speed of light, but understanding doesn't." โ Vijay Boyapati. Bitcoin doesn't need instant consensus. Network effects safeguard adoption while understanding catches up. By the time comprehension arrives, the monetary game is already over.
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NEW: ๐ Strategy CEO Phong Le says their preferred stock, 'Stretch,' closed at $100 yesterdayโsignaling theyโll buy more Bitcoin ๐ฅ
'The story of the day: Stretch hitting $100, exactly the outcome it was engineered to deliver.' ๐
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'The story of the day: Stretch hitting $100, exactly the outcome it was engineered to deliver.' ๐
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๐ Tokenized Gold Market Cap Tops $6 Billion
Tokenized gold has surpassed $6 billion in total value, up $2 billion year-to-date and backing more than 1.2 million ounces of physical gold.
Tether Gold (XAUT) and Paxos Gold (PAXG) together account for about 96.7% of the market.
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Tokenized gold has surpassed $6 billion in total value, up $2 billion year-to-date and backing more than 1.2 million ounces of physical gold.
Tether Gold (XAUT) and Paxos Gold (PAXG) together account for about 96.7% of the market.
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โก๏ธ INSIGHT: Central banks added over 1,000 tonnes of gold each year from 2022 to 2024 โ the strongest run since the 1950s, per CryptoRand.
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The Coinbase CEO said on Fox: big banks are quietly working behind the scenes to block the presidentโs pro-crypto agenda. They want to slow adoption, seize control of the system, and shut down crypto. The fight is real.
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JUST IN: X is set to launch 'Smart Cashtags,' enabling direct crypto trading in your timeline. Bullish ๐ฅ
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The Coinbase Premium Index is climbing sharply right now. That usually signals strong demand for spot Bitcoin in the U.S. market.
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๐ Crypto Fear and Greed Index:
๐งญ Index value: 8 ๐คฏ
๐ฑ Market sentiment: Extreme Fear ๐
๐ฐ Bitcoin price: $69,500
Cryptovision
๐งญ Index value: 8 ๐คฏ
๐ฑ Market sentiment: Extreme Fear ๐
๐ฐ Bitcoin price: $69,500
Cryptovision
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