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news-imageFebruary 8, 2025

Crypto Prices Today (08th Feb, 2025): Bitcoin Price Holds at $96k | FLR Becomes Top Gainer

The crypto market today has resumed its trade on a sluggish note, with the market capitalization slipping to $3.13 trillion, a 1.37% decline since yesterday . However, trading activity picked up, as the total volume rose by 5.75% to $131.99 billion.
Publisher: CoinPedia
Sentiment: Positive
BTC

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Negative
cover-imageCoinPedia
February 8, 2025

Bitcoin Price Analysis: Why BTC Dropped in February & What's Next

Bitcoin's recent dip in February has left many puzzled, but analysts believe it's more than just market noise. After a terrific start in January of hitting an ATH of $109K, February gave the most shocking chills to the traders. Bitcoin's price dipped 1.11% in the last 24 hours, now at around $96,148.

Negative
cover-imageThe Currency Analytics
February 8, 2025

Bitcoin Faces Pressure as US Jobs Data Could Trigger $95K Dip

Bitcoin's price remains under pressure, struggling to maintain momentum as investors await a critical US employment report. The cryptocurrency has been trading near $97,000, with concerns growing that a strong job market report could create downward pressure on risk assets, including Bitcoin.

Positive
cover-imageBitcoinist
February 8, 2025

Kentucky Becomes Latest State To Propose Bitcoin Reserve Bill – Key Details

Bitcoin (BTC) frenzy is sweeping across the US following Donald Trump's victory in the November presidential election, with Kentucky becoming the latest state to introduce legislation aimed at establishing a Bitcoin reserve. Kentucky Joins The Bitcoin Reserve Club Kentucky has become the 16th US state to introduce legislation seeking to create a Bitcoin reserve.

Positive
cover-imageInvezz
February 8, 2025

How high can Bitcoin Pepe go as more US states eye Bitcoin reserve legislation?

Over 15 US states have initiated legislative efforts to integrate Bitcoin into their financial frameworks, highlighting benefits such as economic diversification, inflation hedging, and fostering technological innovation. Utah has emerged as a leader in this movement, with its House Bill 230 advancing through the House on February 6 and now awaiting Senate approval.

Neutral
cover-imageNewsBTC
February 8, 2025

Bitcoin Taps $100,000 But Fails To Hold Amid Mixed US Jobs Report

The US Bureau of Labour Statistics released the January 2025 employment data earlier today, briefly pushing Bitcoin (BTC) to $100,000 before it lost all its gains and tumbled back to the $98,000 price level. Bitcoin Rises And Falls Amid Mixed Employment Data Bitcoin spiked from approximately $97,200 to a high of $100,110 after the US reported lower-than-expected job growth for January.

Positive
cover-imageTokenpost
February 8, 2025

Utah Moves Closer to Establishing a Bitcoin Reserve

Utah is on the verge of becoming the first U.S. state to establish a Bitcoin reserve as its Strategic Bitcoin Reserve bill advances to the Senate. House Bill 230 (HB230), also known as the Blockchain and Digital Innovation Amendments bill, passed the Utah House Economic Development Committee with an 8-1 vote on January 28.

Positive
cover-imageTokenpost
February 8, 2025

Missouri Eyes Bitcoin Reserve to Future-Proof State Finances

Missouri Representative Ben Keathley has introduced House Bill 1217, aiming to establish a Bitcoin Strategic Reserve Fund to diversify the states investment portfolio and hedge against fiat currency inflation. Filed on February 6, the bill would allow the Missouri state treasurer to receive, invest, and hold Bitcoin under specific conditions.

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