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Monday, February 10, 2025

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BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX

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Bitcoin (BTC) is in a fierce battle between bulls and bears near $25,000. A clear winner may not emerge in the short term. The reason is that there is no trigger and no major macroeconomic data due in the US this week. Data points from Asia or Europe may increase volatility, but are unlikely to initiate new directional movements.

Anthony Scaramucci, founder and managing partner of SkyBridge Capital, advised investors to navigate through the current cryptocurrency uncertainty and be patient and stay for the long term in an interview with CNBC. . He expects Bitcoin to show a sharp upward trend over the next six years, which will bring significant returns to investors.

Daily cryptocurrency market performance. sauce: Coin360

Alongside Bitcoin, investors are also eyeing Ether (ETH) ahead of a merger scheduled for Sept. 15. August 14th he Ether. This has led some to speculate that Whale may sell his holdings after the merger, while others believe the transfer may have been made to stake his huge amount of Ether.

Could buying show up at low levels and resume the rally for bitcoin and altcoins? Let’s explore the charts of the top 10 cryptocurrencies to find out.