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news-imageFebruary 7, 2025

Bitcoin Spikes Among Trump Media ETF Move, Ethereum, Dogecoin Drop — Top Analyst Eyes ETH At $14K On Breakout

The cryptocurrency market experienced a downturn on Thursday, with the global market capitalization falling 1.4% to $3.15 trillion, amid significant developments in institutional adoption and mixed traditional market performance. Cryptocurrency Gains +/- Price (Recorded at 8.37 p.m.
Publisher: Benzinga
Sentiment: Positive
BTC
DOGE

More News Articles

Negative
cover-imageThe Currency Analytics
February 7, 2025

Bitcoin Maxi Predicts XRP to Drop to Zero by 2035

A prominent Bitcoin maximalist, known as “Bitcoin Dad,” has fueled controversy with a bold prediction for XRP's future, suggesting that by 2035, the digital asset's price will plummet to nearly zero. The prediction comes as a part of the ongoing rivalry between Bitcoin proponents, often called “maximalists” or “maxis,” and XRP holders.

Positive
cover-imageThe Currency Analytics
February 7, 2025

Ethereum's Negative Netflow Signals Bullish Momentum

Ethereum (ETH) has recently experienced a shift in market sentiment, with a significant negative netflow of -60,000 ETH withdrawn from exchanges. This development has added to the bullish momentum Ethereum has witnessed in the past few days, as the cryptocurrency saw a 3% increase in price, trading at $2,838 at the time of writing.

Positive
cover-imageTokenpost
February 7, 2025

Strategy Rebrands, Reaffirms Bitcoin Commitment

Just a day after rebranding from MicroStrategy to Strategy, founder and chairman Michael Saylor broke his silence on X, declaring, Strategy is Bitcoin. This statement reaffirms the companys unwavering commitment to the leading cryptocurrency.

Positive
cover-imageThe Currency Analytics
February 7, 2025

Whales Accumulate Bitcoin in Large Quantities Amid Market Volatility

Bitcoin whales are making a massive move, accumulating large amounts of Bitcoin despite recent market struggles. While the price of Bitcoin has been volatile, these large holders seem to be taking advantage of the market fluctuations, buying up the cryptocurrency at discounted prices during retail sell-offs.

Negative
cover-imageNewsBTC
February 7, 2025

Bitcoin Network Activity Slumps To One-Year Low – Is BTC Overpriced?

According to a recent CryptoQuant Research post, Bitcoin (BTC) network activity has slumped to a 12-month low, with CryptoQuant's Bitcoin Network Activity Index currently at its lowest level since February 2024. Bitcoin Network Activity Drops As Market Consolidates Data from CryptoQuant's Bitcoin Network Activity Index shows that activity has declined by 15% from its peak in November 2024.

Positive
cover-imageThe Currency Analytics
February 7, 2025

Bitcoin Spikes to $99K After Eric Trump's Buy Signal

Bitcoin has recently seen a surge, climbing to the $99K level following a buy recommendation from Eric Trump, son of former President Donald Trump. Despite Bitcoin's struggle to stay above the $100K mark, the cryptocurrency experienced a notable uptick after Eric Trump tweeted about the current opportunity to invest in Bitcoin, pushing the price back to nearly $99K.

Positive
cover-imageCrypto Reporter
February 6, 2025

Leaked Details From Crypto Insiders Reveal That Dogecoin Whales Just Made Their Move, Warns Not To Miss This Rare Crypto

In a surprising development, crypto insiders have revealed a significant surge in Dogecoin whales' activity that has sparked widespread speculation across the market. These influential investors are reportedly positioning themselves for massive gains, not just by holding Dogecoin, but by making strategic moves into WallitIQ (WLTQ)—an AI-driven crypto gem currently in its fast-winding presale.

Neutral
cover-imageBitcoin
February 6, 2025

Elon Musk and the Rise of DOGE: Is AI and Blockchain Set to Rewrite Federal Spending?

Over the past week, there has been a significant amount of controversy directed at the newly established Department of Government Efficiency (DOGE). Although opinions remain divided regarding its operations, artificial intelligence (AI) and blockchain technology will likely be employed to better optimize government spending on a permanent distributed ledger system.

Positive
cover-imageThe Currency Analytics
February 6, 2025

Dogecoin Bullish Divergence Indicates Potential Breakout

Dogecoin has recently made headlines with its first-ever bullish divergence on the RSI daily chart in 2025, signaling a potential upward movement in its price. As of the latest data, Dogecoin is trading at $0.2659, reflecting a 2.23% increase over the past 24 hours.

Negative
cover-imageNewsBTC
February 6, 2025

Ethereum Could Crash To $1,700 If This Support Fails, Analyst Says

An analyst has explained how Ethereum (ETH) could see its price crash to $1,700 if the support level of this technical analysis (TA) pattern fails. Ethereum Could Be In Danger Of Falling Under Ascending Channel Support In a new post on X, analyst Ali Martinez has discussed about where Ethereum could head next based on a pattern forming in its 12-hour price chart.

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