The crypto market added $100 billion in the last 24 hours, led by a 4% jump in Bitcoin price as macro and geopolitical conditions improve. The post Crypto MarketThe crypto market added $100 billion in the last 24 hours, led by a 4% jump in Bitcoin price as macro and geopolitical conditions improve. The post Crypto Market

Crypto Market Up $100B, Bitcoin’s Next Move and Key Factors to Watch

Okuma süresi: 3 dk

After the liquidity-driven crypto market crash over the Feb. 1 weekend, the market is showing signs of recovery.

Bitcoin BTC $78 193 24h volatility: 0.9% Market cap: $1.56 T Vol. 24h: $59.48 B price is up 4% today, trading around $78,456, while top altcoins, led by Ethereum ETH $2 282 24h volatility: 0.4% Market cap: $275.41 B Vol. 24h: $34.97 B , have gained 4-5% each.

The rally comes as the US-India trade deal moves forward and geopolitical tensions ease, with the US and Iran scheduled to hold discussions on Feb. 6.

Crypto Market Adds $100 Billion in Recent Pump

On Feb. 2, the cryptocurrency market came under severe selling pressure with Bitcoin crashing to $75,000.

However, the market has bounced back, adding over $100 billion to its overall market cap in the last 24 hours.

According to Coinglass data, total liquidations reached $324 million in the last 24 hours, with $231 million coming from short positions. It will be interesting to see if this rally can sustain momentum moving forward.

The macro outlook looks positive as the US and India ease long-standing trade tensions. Both countries have agreed to a trade deal that reduces tariffs on India from 50% to 18%.

Geopolitical tensions between the US and Iran appear to have eased somewhat. The Washington Post reports that White House special envoy Steve Witkoff and Iranian Foreign Minister Abbas Araghchi are expected to meet in Istanbul on Feb. 6.

The talks aim to ease tensions, prevent a potential U.S. military strike, and revive the nuclear agreement that stalled last June.

Turkey, Qatar, Egypt, and other Middle Eastern countries will mediate the diplomatic efforts.

On Monday, Feb. 2, White House officials met with crypto companies and banking representatives to try to break the deadlock over a crypto market structure bill.

Bitcoin Price Outlook: What’s Next?

After crashing all the way to $75,000, Bitcoin price is showing a relief recovery and is currently trading at $78,701.

On the weekly chart, BTC has slipped below both the 20-week and 50-week moving averages, signaling weak momentum.

Analyst Bull Theory outlined two primary scenarios. In the bullish case, Bitcoin holds the April 2025 low and forms a higher low around $75,000, keeping the broader uptrend intact.

A decisive weekly close back above the 50-week MA near $100,400 would suggest momentum has reset in favor of buyers.

In the bearish scenario, a break below the April 2025 low would invalidate the higher-low structure.

This creates downside risk for Bitcoin, potentially pushing its price toward the $50,000-$60,000 range.

The overall crypto market direction depends on whether Bitcoin can maintain $75,000 on weekly closes.

next

The post Crypto Market Up $100B, Bitcoin’s Next Move and Key Factors to Watch appeared first on Coinspeaker.

Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen service@support.mexc.com ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference

Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference

The post Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference appeared on BitcoinEthereumNews.com. Key Takeaways Ethereum’s new roadmap was presented by Vitalik Buterin at the Japan Dev Conference. Short-term priorities include Layer 1 scaling and raising gas limits to enhance transaction throughput. Vitalik Buterin presented Ethereum’s development roadmap at the Japan Dev Conference today, outlining the blockchain platform’s priorities across multiple timeframes. The short-term goals focus on scaling solutions and increasing Layer 1 gas limits to improve transaction capacity. Mid-term objectives target enhanced cross-Layer 2 interoperability and faster network responsiveness to create a more seamless user experience across different scaling solutions. The long-term vision emphasizes building a secure, simple, quantum-resistant, and formally verified minimalist Ethereum network. This approach aims to future-proof the platform against emerging technological threats while maintaining its core functionality. The roadmap presentation comes as Ethereum continues to compete with other blockchain platforms for market share in the smart contract and decentralized application space. Source: https://cryptobriefing.com/ethereum-roadmap-scaling-interoperability-security-japan/
Paylaş
BitcoinEthereumNews2025/09/18 00:25
Here’s How Consumers May Benefit From Lower Interest Rates

Here’s How Consumers May Benefit From Lower Interest Rates

The post Here’s How Consumers May Benefit From Lower Interest Rates appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday opted to ease interest rates for the first time in months, leading the way for potentially lower mortgage rates, bond yields and a likely boost to cryptocurrency over the coming weeks. Average long-term mortgage rates dropped to their lowest levels in months ahead of the central bank’s policy shift. Copyright{2018} The Associated Press. All rights reserved. Key Facts The central bank’s policymaking panel voted this week to lower interest rates, which have sat between 4.25% and 4.5% since December, to a new range of 4% and 4.25%. How Will Lower Interest Rates Impact Mortgage Rates? Mortgage rates tend to fall before and during a period of interest rate cuts: The average 30-year fixed-rate mortgage dropped to 6.35% from 6.5% last week, the lowest level since October 2024, mortgage buyer Freddie Mac reported. Borrowing costs on 15-year fixed-rate mortgages also dropped to 5.5% from 5.6% as they neared the year-ago rate of 5.27%. When the Federal Reserve lowered the funds rate to between 0% and 0.25% during the pandemic, 30-year mortgage rates hit record lows between 2.7% and 3% by the end of 2020, according to data published by Freddie Mac. Consumers who refinanced their mortgages in 2020 saved about $5.3 billion annually as rates dropped, according to the Consumer Financial Protection Bureau. Similarly, mortgage rates spiked around 7% as interest rates were hiked in 2022 and 2023, though mortgage rates appeared to react within weeks of the Fed opting to cut or raise rates. How Do Treasury Bonds Respond To Lower Interest Rates? Long-term Treasury yields are more directly influenced by interest rates, as lower rates tend to result in lower yields. When the Fed pushed rates to near zero during the pandemic, 10-year Treasury yields fell to an all-time low of 0.5%. As…
Paylaş
BitcoinEthereumNews2025/09/18 05:59
The Giants Are Stumbling: Why BlockDAG’s 20-Exchange Launch is the Market’s New Safe Haven

The Giants Are Stumbling: Why BlockDAG’s 20-Exchange Launch is the Market’s New Safe Haven

The cryptocurrency market seems to have caught headwinds entering February. Portfolios across the globe are flashing red as the flash crash of February 2nd wreaks
Paylaş
Captainaltcoin2026/02/04 02:30