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news-imageFebruary 8, 2025

Abra Global CEO Predicts Bitcoin To Hit $350,000 This Cycle

Bill Barhydt, CEO of Abra Global, has shared his thoughts on the future price of Bitcoin and top altcoins in a recent X post. Just like many other analysts, Barhydt projected Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP to reach a new height this year.
Publisher: Coingape
Sentiment: Positive
BTC

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Neutral
cover-imageTokenpost
February 9, 2025

Bitcoin Whales Move $424M in BTC Amid Market Uncertainty

Blockchain tracker Whale Alert has reported a major Bitcoin (BTC) movement, with $424 million worth of BTC transferred in three separate transactions over the past 24 hours. A total of 4,382 BTC was moved, including two transactions of 1,875 BTC ($180.8M) and 1,808 BTC ($176.4M) between unknown wallets, while 699 BTC ($68.7M) was sent from Kraken to Bitfinex.

Negative
cover-imageThe Currency Analytics
February 8, 2025

Bitcoin Network Activity at 1-Year Low – BTC Overvalued at $98K

Bitcoin (BTC) has seen significant price movement, recently surpassing the $98K mark, but a closer look at the underlying network activity raises concerns about its valuation. While the price surge is exciting for investors, the declining network fundamentals suggest that Bitcoin may be overvalued at current levels.

Neutral
cover-imageBitcoin
February 8, 2025

Exhausted? Hodl BTC and Touch Grass

From last week it has felt like most crypto market participants are exhausted. After a whirlwind of meme coin pumps, dramatic price swings, and sentiment whiplash, it's easy to see why many are feeling that way. This editorial is from last week's edition of the Week in Review newsletter.

Negative
cover-imageThe Currency Analytics
February 8, 2025

Bitcoin Miners Struggle as Profitability Drops

Bitcoin miners are facing significant financial pressure as the cryptocurrency's price experiences a sharp downturn. After hitting an all-time high (ATH) of $109,000 just a few weeks ago, Bitcoin has dropped by over 11%, and this decline has raised concerns about the sustainability of mining operations.

Neutral
cover-imageNewsBTC
February 8, 2025

Retail Investors Boost Bitcoin Accumulation By 72% Amid Intense Whale Selling – Details

This trading week proved rather turbulent for Bitcoin as the premier cryptocurrency fell to as low as $91,000 on Monday amid concerns of a potential trade war between the US and Canada, Mexico, and China. Though Bitcoin soon made a sharp recovery rising briefly above $102,000, the flagship cryptocurrency currently trades above $96,000 in what appears to be a range-bound market.

Negative
cover-imageThe Currency Analytics
February 8, 2025

Bitcoin Slows Down as U.S. Investor Interest Dips

Bitcoin has recently experienced a decline, with its price dropping to approximately $96,800, reflecting a growing sense of caution in the market. This downturn comes after a period of significant growth, largely driven by a surge in new investor interest.

Negative
cover-imageCryptonews
February 8, 2025

Will Trump's Tariffs Boost Bitcoin: Down 5% Again

Bitcoin falls 5% as Trump's trade war fears rattle markets. BTC faces key resistance at $98,900, while Best Wallet Token ($BEST) surges in presale demand. The post Will Trump's Tariffs Boost Bitcoin: Down 5% Again appeared first on Cryptonews.

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