Bitget, the leading cryptocurrency exchange and Web3 company, proudly announces its position as the third most downloaded crypto exchange app worldwide in February 2025, according to data from SensorTower.
Gold on the blockchain? Good idea, or not?
So, get this, they’re talking about putting U.S. gold reserves on the blockchain. Like Fort Knox gold.
DeFi’s workaholics, aka who’s actually building while crypto bleeds?
One minute, crypto mooning. The next, it’s taking a dip, leaving everyone clutching their wallets and wondering what went wrong.
Bitcoin whales are moving, and it might not be good news
When whales start moving, you better pay attention. Something’s happening beneath the surface of Bitcoin’s price action. A quiet storm. A movement.
Stablecoins became the unstoppable force in finance
You think Visa is the king of transactions? No. Stablecoins just blew past Visa’s annual transfer volume like it was standing still. We’re talking $35 trillion in transfers, double what Visa handles.
PancakeSwap is the new DeFi darling?
PancakeSwap, the decentralized exchange that’s been making some noise in the DeFi sector, and just hit a major milestone.
Bitcoin Eyes $90K as Ethereum Rebounds on Upgrade Hopes, but Caution Lingers
Bitcoin (BTC) is currently trading within a range of $82,000 to $92,000, with a midpoint estimate of $85,000.
It shows bullish momentum, having broken out of a falling wedge pattern and securing a weekly close above critical moving averages like the 200-day and 21-day EMAs.
This suggests strong buyer support at current levels. Resistance at $88,000 serves as a psychological barrier; a decisive break above this level could shoot BTC toward $90,000 and beyond.
On the downside, $82,000 acts as a strong support zone. Market sentiment remains cautiously optimistic, driven by potential macro factors such as a dovish Federal Reserve or pro-crypto policies.
However, bearish divergences on higher time frames temper the overall upside potential, keeping traders on their toes.
Ethereum (ETH), on the other hand, is trading between $1,900 and $2,200, with a midpoint estimate of $2,000.
ETH’s recent 4.3% weekly gain and a green close after three consecutive weeks of declines indicate a potential momentum shift.
This is further supported by anticipation of the upcoming Pectra upgrade, which could bolster the network’s scalability and functionality.
Key support lies between $1,900 and $2,000, while resistance is positioned at $2,200 to $2,300.
While the upgrade and ETH’s slight outperformance against BTC have fueled optimism, longer-term weakness—such as the 200-day moving average trending downward—limits significant gains unless reversed.
Both assets reflect a market that’s balancing optimism with caution. Bitcoin’s technical strength and Ethereum’s upgrade-driven momentum highlight opportunities, but broader market conditions and technical indicators suggest a need for vigilance as traders navigate these ranges.
Ryan Lee, Chief Analyst at Bitget Research
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
