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The crypto market rebounded after Donald Trump agreed to delay tariffs on Canada and Mexico following a conversation with both presidents. As a result, Bitcoin (BTC) rebounded to reclaim the $100,000 level, with the flagship cryptocurrency trading at $100,360, up nearly 7% over the past 24 hours.
The crypto market's sharp decline in the past 24 hours has triggered widespread losses, with Bitcoin's crash impacting altcoins significantly. Some tokens faced even deeper corrections, hitting new all-time lows amid the sell-off.
Filecoin (FIL), Arbitrum (ARB) and Cosmos (ATOM) are among the biggest losers in the crypto market in the past 24 hours as traders see over $2.3 billion liquidated. The global crypto market cap fell 8% to $3.1 trillion, with daily trading volume on Monday, February 3, up 193% to over $333 billion.
ARB could record further market declines soon.
Arbitrum has teamed up with modular layer-1 network zkVerify to make zero-knowledge proof verification faster for blockchain developers.
Arbitrum (ARB) has experienced a sharp decline in recent weeks, leaving many investors facing significant losses. Over the past month, ARB has dropped by 19.42%, with its price falling from a high of $0.95 to $0.58, and it is currently trading at $0.63.
Tether has upgraded its USDT stablecoin on Arbitrum to USDT0, a cross-chain compatible asset backed 1:1 by Ethereum-based USDT reserves. Tether Transitions Arbitrum USDT to USDT0 Tether says the upgrade automatically converts existing Arbitrum USDT holdings to USDT0 without requiring user action. USDT0 will serve as Arbitrum's canonical stablecoin, maintaining the same contract address.
Arbitrum has experienced a sharp decline, leaving only a meager number of holders in profit.
Arbitrum became one of the first chains to migrate to USDT0, the cross-chain, interoperable version of Tether (USDT).
Tokenized T-Bills can now be traded on the Arbitrum network using Spiko's money market funds.
The cryptocurrency market has recovered from Monday's bloodbath, with Bitcoin (BTC) reclaiming the $100,000 level. The flagship cryptocurrency is up nearly 3% over the past 24 hours and currently trades around $103,339.
Arbitrum's governance data shows that LobbyFi is now at the top spot among the DAO's delegates.
Arbitrum token may be on the verge of a strong bullish breakout as its ecosystem growth continues. Arbitrum (ARB) price dropped to $0.700, down by 45% from its highest level in December last year.
Data from DeFiLlama revealed that Arbitrum flipped its top rival, Base, by decentralized exchange (DEX) volumes.
Tandem, Offchain Labs' venture arm, invests in Camelot DEX, highlighting its role in Arbitrum's ecosystem with over $46 billion in traded volume and sustainable growth focus.
Bitcoin (BTC) has recovered from its recent slump, which saw the price drop to an intraday low of $101,441 late on Thursday. The flagship cryptocurrency has registered an increase of nearly 3% over the past 24 hours and is currently trading around $104,612, with bulls looking to push it beyond $105,000.
Circle, a peer-to-peer payments company, recently announced the launch of Circle Paymaster, a strategic stablecoin payments solution. According to the platform's official blog post, Circle Paymaster facilitates gas fee payments in USDC on Ethereum-based Arbitrum and Base.
The cryptocurrency market has pared broader gains after a bullish recovery seen on Wednesday faded with Bitcoin (BTC) leading top coins lower. As Ethereum (ETH), XRP (XRP) and Solana (SOL) shed gains by more than 5% each, Arbitrum (ARB) and Filecoin (FIL) also flipped red.
Arbitrum (ARB), the popular layer-2 scaling solution for Ethereum, has found itself in a familiar technical pattern that could lead to significant price movements in the near future. Currently consolidating within a descending triangle, analysts are predicting that a breakout could trigger a 46% price surge.
Arbitrum (ARB) trades at $0.72 within a descending triangle pattern, with analysts projecting a potential 46% rally pending a breakout above $0.78 resistance, while current metrics show mixed signals with bearish short-term indicators but maintained support at $0.6890.
Cryptocurrencies recorded notable gains over the past day as Bitcoin displayed strength above $105,000. With experts predicting massive growth for the crypto industry under the new US government, attention has shifted to different projects. Let's check Arbitrum's current trends and what to expect in the coming sessions. Arbitrum's potential breakout ARB changes hands at $0.
An analyst has explained how Arbitrum could see an upswing of around 46% if its price breaks out of this technical analysis pattern. Arbitrum Has Been Trading Inside A Descending Triangle Recently In a new post on X, analyst Ali Martinez has talked about a Descending Triangle pattern forming in the 4-hour price of Arbitrum.
ARB formed a textbook triangle! Analysts predict a 46% surge—key breakout levels revealed.
Bitcoin (BTC) has registered a notable decline after surging to a new all-time high on Monday. BTC rose sharply on Monday to register a new all-time high of $109,114 in the lead-up to Donald Trump's inauguration.
