Bitcoin played a clash as bears returned to hunt.
New All Time High?
Analysts claim that the price of Bitcoin reached $69k, an all-time high today. The known ATH of Bitcoin is $69044.77, which was set in November 2021, so merely reaching $69k is not a new ATH. Another Tracker Watcher Guru claims that the BTC price reached $69,150, setting a new ATH. Nevertheless, Coingeco monitors indicate that the highest price of BTC in the last 24 hours was $68,912.84.
Bears return to hunt
The surge in Bitcoin's price may or may not have resulted in a new ATH, but it was immediately followed by a bear attack, which caused overconfident BTC to falter. The price track on Binance indicates that the price of Bitcoin had fallen to $59k; however, Coingeco tracking shows that the price of Bitcoin had fallen to $60,861.22 in the last 24 hours. Currently, Bitcoin is trading at the level of $65k (while posting this).
OTHER NEWS
CEX
Binance
Protecting launch products : Binance Launchpool/Launchpad products Portal, Pixel, and AXL are going down for some time, so Binance has offered a higher APR on Binance Earn for them.
DogWifHat (WIF) listed : Binance has listed Solana based memecoin $WIF, and also paired with BTC, FDUSD, USDT, TRY for trading. Listing time: March 5, 2 PM (UST).
Binance to discontinue Naira : Binance is discontinuing Nigerian Naira (NGN) services due to dispute with the Nigerian government. Users have time till 8th February 08:00 (UTC), to trade/convert or withdraw their Naira, after the deadline all Naira will be automatically converted to USDT.
Coinbase
Coinbase crash : Bitcoin detractors call BTC worth 0, coinbase actually presented such value, meanwhile BTC surges to heights. This was the result of coinbase crash.
Whale
Michael Saylor
BTC Value : Saylor is promoting BTC by estimating its value in millions and presenting to the people in way of- BTC is still 'that' million less.
More Bitcoin : Michael Saylor has arranged more $500m to buy more BTC, he is a legand who takes BTC non-stop.
INTERNATIONAL
Crypto for BRICS
According to Russian diplomat and Kremlin advisor Yuri Ushakov, BRICS countries may issue blockchain-based currency for de-dollarization. Crypto analysts think that BRICS should accept Bitcoin because it has the potential to become an international currency.
