Daily Crypto Signals: Bitcoin Tests $98K, Ether ETFs Set 2025 Inflow Record
As US trade policy and changing institutional preferences changed market dynamics, the bitcoin market became somewhat erratic. After reports
Live BTC/USD Chart
As U.S. trade policy and changing institutional preferences changed market dynamics, the bitcoin market became somewhat erratic. After reports of fresh tariffs, Bitcoin momentarily fell below $95,000; Ethereum ETFs exceeded Bitcoin in weekly inflows for the first time this year.
This week institutional interest in the cryptocurrency market displayed conflicting signals, with Ether ETPs building $793 million in inflows above Bitcoin ETPs’ $407 million. Bitcoin showed tenacity by rising above $97,000, even if President Trump’s announcement of 25% taxes on steel and aluminum imports created brief market volatility.
Trade War Impact and SEC Settlement
Macroeconomic events and trade tensions dominated market mood; the U.S. Dollar Index rose to 108.30. The response of the crypto market on trade policy pronouncements revealed its growing link with conventional financial markets. Furthermore, U.S. authorities suggested a $50,000 forfeiture agreement for Eric Council Jr., engaged in the January SEC X account breach.
Bitcoin Crosses $97K Despite Weak Derivatives Demand
Notwithstanding institutional indicators of cautious attitude, Bitcoin BTC/USD has shown signs of resiliency. Though derivatives data point to modest buying interest with an 8% annualized premium on futures, below the 10% bullish criterion, the cryptocurrency momentarily approached $94,000 before rebounding above $97,000. Previously MicroStrategy, Strategy stayed optimistic and revealed a $742.3 million Bitcoin acquisition between February 3–9.
Solana Revenue Surges 10x Above Ethereum, Driven by Memecoins
On February 9, Solana’s SOL/USD network kept surpassing Ethereum ETH/USD in revenue generating, generating $8.4 million against Ethereum’s $875,571. Memecoin trading activity drove much of the network’s growth; its DeFi ecosystem shows remarkable strength even though its total value locked (TVL) is less than Ethereum’s.
Litecoin ETF Approval Odds Hit 90% for 2025
With Bloomberg ETF analysts giving a 90% possibility of SEC approval for a spot Litecoin ETF in 2025, Litecoin’s chances for general acceptance grew. Litecoin’s LTC/USD regulatory clarity and resemblance to Bitcoin’s proof-of- work method help to explain the positive view, therefore setting it ahead of other cryptocurrencies in the ETF clearance race.
Grayscale Files First-Ever Spot Cardano ETF with NYSE Arca
Grayscale and NYSE Arca filed for the first-ever Cardano ETF, a big action. A possible turning point in Cardano’s ADA/USD institutional accessibility, the proposed solution would use BNY Mellon Asset Servicing as administrator and Coinbase Custody Trust Company as custodian.
USDC Market Cap Hits $56.3B, Recovers All Bear Market Losses
Circle’s USD Coin (USDC) reached a noteworthy $56.3 billion market value and essentially eliminated losses suffered during the bear market. Though it still lags behind Tether’s $141.6 billion market capitalization, the 23.4% rise in the stablecoin since January 8 demonstrates growing blockchain compatibility and increasing usage.
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