The crypto currency market was watching a stagnant course on February 6, Bitcoin (BTC) remained at $ 97,000. Although most Altcoin was traded in the red zone, Ethereum (ETH) and FTX Token (FTT) have risen unlike the market. In particular, FTT was the most winning token to increased by 8 %.
Leading Crypto Money Bitcoin 97 thousand dollars, the market is unstable
Bitcoin lost 1 %in the last 24 hours and fell to $ 97.409. The lowest level during the day was recorded as 96,174 dollars and the highest level was 99.113 dollars. Open positions of Bitcoin futures (OI) decreased by 0.2 %to $ 58.92 billion.
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However, the long -term appearance of BTC remains positive. While the interest of corporate investors increased, Microstrategy re -branded ‘strategy’ name and the balance sheet Bitcoin’e drew more attention. This development can strengthen the corporate adoption of Bitcoin.
Ethereum and FTT challenge the market!
Ethereum gained 3 %in the last 24 hours and rose to $ 2,808. The lowest level during the day was $ 2,710 and the highest level was $ 2,824. ETH continues to rise despite the sales pressure on the market.
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FTX Token (FTT) increased by 8 %to $ 2.13. This rise is attributed to developments in the payment of the FTX stock exchange in the bankruptcy process of the Bahamas. The payment process, which is expected to take place on February 18th, may have increased investor confidence.
XRP and Solana decline!
XRP fell to $ 2.42 by losing 3 %. The lowest level during the day was recorded as 2.36 dollars and the highest level was 2.57 dollars. Open positions in the XRP futures decreased by 1.5 %to $ 3.62 billion.
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Solana (left) also joined the decline trend in the market. The left declined by 3 %to $ 200. The daily bottom level was measured as 195.39 dollars and the summit point was measured as $ 207.59. While the uncertainty in the market continues, investors should closely monitor these critical levels.
The decline in breast coins, Trump Coin is on the rise!
Dogecoin (Doge) lost 2 %and fell to $ 0.26. Shiba Inu (SHIB) is traded at $ 0.5 %with a decrease of 0.5 %. However, Trump Coin opposed the market trend and rose by 5 %and reached $ 18.57.
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The crypto market continues its wavy course. Analyst Ali Martinez said that the Altcoin season has not started yet and stressed that investors should be careful. In particular, money flow from BTC and ETH to Stablecoins may adversely affect market dynamics.