Summary From Daily Market Sentiment/Insight. Bitcoin bounced back after hitting the $60,000 level, but is now retracing again. The support level is around the $65,000 area, and losing this level will likely lead to a drop below $60,000. The cryptocurrency market is currently experiencing a period of significant volatility and downward pressure, characterized by a sharp sell off in major assets like Bitcoin. Despite this broader "free fall," specific sectors such as NFTs and certain altcoins like Decred are demonstrating unexpected resilience or decoupling from the general trend. Bitcoin spot ETFs recorded a net inflow of $330.7M on February 6. BlackRock clients bought $231.6M worth of BTC. Coin Base CEO Brian Armstrong confirms that Crypto AI is just getting started, signaling early growth in the sector.

🚨 BREAKING: Bitcoin slips below $68K, plunging -4% in just 4 hours. The selloff triggered $98M in long liquidations, erasing nearly $90B from total crypto market cap in under 4 hours.Volatility is back — fast and brutal. #Bitcoin #BTC #CryptoNews #MarketUpdate #Liquidations #CryptoCrash #Futures #Trading #CryptoMarket #BTCUSD #Volatility

【🎙 Latest News Summary】 📉 Historic Sharp Drop Reversed, Full Recovery $BTC temporarily plummeted to around $60,000, marking the largest crash since the FTX collapse. According to Glassnode, forced liquidations reached a scale not seen in about two years, with realized losses amounting to approximately $890 million per day. At Coinbase's collateral loans, about 2,000 people lost $90.7 million on Thursday alone, and $170 million was liquidated for the week. However, on Friday, $BTC reclaimed $70,000! $ETH also recovered to above $2,000, and $XRP surged by over 20%, achieving a full rebound 📈 Strategy stocks and Coinbase shares also experienced a significant rebound. 🏛️ Political and Macroeconomic Ripple Effects President Trump nominated沃ーシュ (沃克尔) as the new Federal Reserve Chair, causing concerns about liquidity stagnation, and $BTC ETFs experienced outflows for three consecutive days. The official X account of the Democratic Party posted "Yikes" during the crash, sparking fierce criticism from the industry 🔥 🌍 Other Notable News ・El Salvador redeclared itself a "Bitcoin Nation" ✨ ・ENS halted the development of its L2 "Namechain" and shifted strategy to focus solely on L1 ・Vitalik Buterin donated to Zcash's ShieldedLabs, supporting the development of a new consensus mechanism called "Crosslink" 👀 ・The total market capitalization of the NFT market fell below $1.5 billion, 2

Day 4 on the LSE complete to round out a historic week! In a week with the 8th largest ever single day Bitcoin drawdown this wasn’t the most significant event of the week. SWC’s uplisting to the LSE on Tuesday will be looked back upon as one of the most important milestones in both thenconpany’s history but also for Bitcoin in the UK. The achievement of @asjwebley and the whole @smarterwebuk team to secure a place on the LSE in a little over 9 months can’t be overstated. The foundations for success are set. Another day of strong volume already shiws the benefits of trading on the main market. 16 places dropped during yesterday’s BTC drawdown and 14 places bounced back by UK close is a further reminder of the volatility that drives the business model. Nobody can predict the BTC price movements in the short term but the thesis remains as strong as ever and I am incredibly excited for the weeks, months and years ahead. Cheers to the weekend all 🍻 Let’s see what the first full week on the LSE brings next week. Onwards 🚀

Crypto mining stocks slid across the board as the total crypto market value dropped nearly 9% on Thursday. #CryptoMarket #Bitcoin