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news-imageFebruary 28, 2025

Ethereum (ETH) and Solana (SOL) at the bottom - Binance Coin (BNB) holding strong

As Bitcoin (BTC) potentially prepares to crash all the way down to $70,000, the altcoins are at or near the bottom. Is this the time to buy $ETH and $SOL?
Publisher: Crypto Daily
Sentiment: Negative
BNB
ETH

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Negative
cover-imageCrypto Economy
February 28, 2025

Bitcoin & Ethereum Under Pressure as Billions in Options Expire Amid Market Crash

TL;DR Approximately $5.79 billion in Bitcoin and Ethereum options expire today, potentially triggering high volatility in the market. Bitcoin's max pain price is significantly higher than its current level, which could push its price upward. Despite widespread pessimism, institutional traders may use this event to stabilize prices and strengthen liquidity.

Positive
cover-imageAltcoin Buzz
February 28, 2025

Solana Proposal May Cut $SOL Inflation by 80%

Solana's community is considering a proposal that could potentially reduce inflation by 80%. The governance proposal, known as SIMD-0228, will usher in a new model that rewards users with greater participation levels.

Positive
cover-imageThe Currency Analytics
February 28, 2025

Ethereum's 88K Net Inflows Signal Market Recovery

Ethereum (ETH) is showing signs of potential recovery, with recent market trends suggesting that it might have reached its bottom. Over the past few weeks, Ethereum's volatility has decreased significantly, and net inflows into the network have been on the rise.

Positive
cover-imageUToday
February 28, 2025

96,180 Solana (SOL) Exit Binance, Staked by Whale

The brutal sell-off in the crypto ecosystem this week is serving as a major buying incentive to Solana (SOL) whales. According to data from Lookonchain, 96,180 Solana have left the Binance exchange in one of the biggest acquisition moves thus far this week.

Negative
cover-imageBenzinga
February 28, 2025

Bitcoin Plummets Below $80,000, Ethereum, XRP, Dogecoin Get Hammered As Crypto Crash Continues

Bitcoin (CRYPTO: BTC) continues to tumble, falling as low as $78,433 in early Friday morning hours amid a record streak of spot Bitcoin ETF outflows. What Happened: According to data from SoSoValue, U.S. spot Bitcoin ETFs have seen $3.2 billion in net outflows over an eight-day period, matching the longest negative streak since their debut.

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