CRYPTO NEWS TODAY - Bitcoin Down 2% - Price is 43k- Crypto Market is in Red
CRYPTO NEWS TODAY - Bitcoin Down 2% - Price is 43k- Crypto Market is in Red
00:01 Intro
01:12 Crypto News
02:08 Bitcoin News
03:21 Ethereum News
04:11 Bitcoin Technical Analysys
06:03 Bitcoin Price Prediction
07:58 Outro
Bitcoin (BTC) jumped above $45,000 the day before, but then the pressure increased and the coin resumed its retreat.

On Friday, February 11, the largest digital currency is trading at $43,486. Thanks to yesterday's surge, the bitcoin network's share of profitable addresses exceeded 73%. However, this figure then began to fall.

Along with BTC, almost all leading altcoins are losing ground. Ether (ETH) and Binance Coin (BNB) fell to $3105 and $418 respectively during the Asian session.

Solana (SOL) and XRP suffered the biggest losses among the top ten altcoins. They lost more than 5% in value overnight and fell to $106 and $0.821. Crypto market capitalization fell to $1.979 trillion.

Investors, meanwhile, continue to withdraw bitcoins from exchanges. According to Glassnode, the BTC exchange balance is at a three-year low.

In contrast, the volume of stabelcoin on exchanges is increasing. It set a new record today, exceeding $27.2 billion, according to a CryptoQuant report.

We may very well be on the verge of another run on bitcoin and other coins. Such a scenario is possible if Stablecoin going into exchanges goes into cryptocurrencies.
#bitcoin #crypto #btc #bnb #eth