DeFi News Daily Official TheBitTimes.com

Key takeaways BTC reached a new all-time high of $70k on Friday and could be targeting that level again after retracing. Bitbot’s presale has officially crossed the $900k mark as stage five nears completion. Bitcoin could surge past the $70k mark soon Bitcoin, the world’s leading cryptocurrency by market cap, is having an interesting month so far. On Friday, BTC reached a new all-time high of $70k before retracing to the $67k region. At press time, the  price of Bitcoin stands at $68,730, down by less than 1% in the last 24 hours. If the recovery continues, BTC could be targeting the $70k region over the next few hours or days.  What is Bitbot?  With Bitcoin, Ether and other major cryptocurrencies rallying higher, trading volume in the market continues to increase. This means that traders have become more active in the cryptocurrency market. For traders, leveraging tools that would help improve their trading activities is ...

The price of XRP has encountered downward pressure in recent months, with the cryptocurrency facing the risk of falling below the $0.50 support zone. This challenge coincides with Ripple, XRP’s parent company, continuing its legal battle with the Securities and Exchange Commission (SEC). In assessing the potential trajectory of XRP’s price, a crypto analyst by the pseudonym TheSignalyst shared insights in a TradingView post on February 1. The analyst identified critical level s to monitor for bulls to assert control over XRP. In the post, the analyst acknowledged that XRP has been navigating a bearish trend confined within a descending channel. He highlighted the current focus on the lower boundary of this channel, where the digital asset finds significant support at $0.5.  The pivotal question remains whether this support will hold and pave the way for a potential bullish reversal. XRP price analysis chart. Source: TradingView Cryptocurrency 3 ...