February 27, 2025
Bitcoin returned to $ 89,000. Altcoins went forward over growth thumbnail
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Bitcoin returned to $ 89,000. Altcoins went forward over growth

The digital gold rate recovered to $ 89,000 after the day before it approached $ 86,000 against the background of large liquidations and record outflows with ETF. A more active rise is observed in the altcoin sector. The growth rate of the TOP-10 by capitalization of cryptocurrencies range from 2.8% to 9.5%. The Coindesk noted the increasing chances of softening Fed’s policy in May […]”, – WRITE: Businessua.com.ua

Bitcoin returned to $ 89,000. Altcoins went forward over growth - Infbusiness

The digital gold rate recovered to $ 89,000 after the day before it approached $ 86,000 against the background of large liquidations and record outflows with ETF.

More active lift It is observed in the altcoin sector. The growth rate of the TOP-10 by capitalization of cryptocurrencies range from 2.8% to 9.5%.

Bitcoin returned to $ 89,000. Altcoins went forward over growth-Infbusiness

Coindesk noted the increasing chances of softening the Fed policy in May against the background of a fall in consumer confidence index in the United States.

QCP Capital has warned that cryptocurrencies remain the first assets to be eliminated in the volatile markets because traders are in a hurry to reduce the risks.

Asia Color – 25 Feb 25

1/ #btc has Finally Broken Out of Its Range, Dipping Below $ 90k for The First Time in a Month, Triggering Over $ 200m in Liquidations. Despite this, Skews Remain Steady, and 1M IV HOVERS AROUND 50V.

Macro Pressures Are Mounting.

– QCP (@qcpgroup) February 25, 2025

Experts recalled the future on the night of February 27, the publication of reporting and NVIDIA management.

Reuters: The NVIDIA report will be a check-up check for Shi Chips after “Shock” from Deepeseek

In the current situation, analysts have called for caution. In their view, the demand for bitcoins has recently been predetermined by organizations such as Strategy at the expense of raised funds.

Asia Color – 24 Feb 25

1/ just 2 days after the @bybit_official hack – hore ~ ​​$ 1.4b in #th was Stolen – Crypto Markets have barely reacted. PRICES & IMPLIED VOLS REMAIN STABLE, A SIGN OF HOW MUCH The Market Has Matured Since FTX’s Collapsse in 2022.

– QCP (@qcpgroup) February 24, 2025

According to them, the cryptocurrencies have fallen about 19% of the capital received over the last 14 months. QCP Capital did not exclude that the market has come close to saturation, which could potentially reduce the purchase of institutions if the spot remains “sluggish”.

“The growth of bitcoin dominance and the fall of quotations on altcoins show that Alt-bikes have already taken their positions. Any new inflow is sent to digital gold, ”experts predicted.

Ethereum at $ 2000? The head of the CF Benchmarks Product Division, Thomas Erdesi, noted the growth of open interest with $ 2000 in Ethereum-Opcius, which reflects the caution of investors. At the same time, there is a rotation from the calls, as market participants weakened the expectation of the breakthrough.

“Traders curtail positions in the direction of $ 2000,” the expert commented.

Coo Bitget Wallet Elvin Kan drew attention to the threat of elimination of $ 340 million in three positions on Makerdao in case of falling asset price to $ 1926, $ 1842 and $ 1793.

“The sale put those who opened the longing with the shoulder in a difficult position. […] If the process of forced closure accelerates, then the lowering pressure will increase, ”Kan suggested.

The expert noted that further actions depend on the changes in the leverage and the ability of spot demand to absorb shock.

“If the bulls intervene or liquidity stabilizes, a sharp turn can occur on the market,” COO Bitget Wallet summed.

Recall, according to CEO binance Richard Teng, cryptocurrency is short -lived and will not last long.

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