Rizwan Muhammad Saleem

According to CoinMarketCap data, the global cryptocurrency market cap now stands at $2.33T, up by 3.45% over the last 24 hours.
Bitcoin (BTC) traded between $65,550 and $71,751 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $68,459, up by 4.29%.
Most major cryptocurrencies by market cap are trading mixed. Market outperformers include LA, API3, and BANANAS31, up by 69%, 24%, and 19%, respectively.
Top Stories of The Day:
Hong Kong SFC Discusses Future of Digital Asset Regulation 
Bitcoin Fear and Greed Index Hits Rare Low 
Dow Jumps 2.47% to Record Close, MSTR and Crypto Stocks Post Sharp Gains 
U.S. and India Announce Interim Trade Agreement Framework 
21Shares Files for Ondo ETF 
Federal Reserve's Proposal for Crypto Access to Payment Infrastructure Gains Support 
Global Markets Rebound Amid Easing Macroeconomic Concerns 
U.S. Government Maintains Strategic Bitcoin Reserve, Rules Out Market Intervention 
Amazon and Meta Stocks Decline Amid AI Investment Concerns 
U.S. Inflation Rate and Consumer Confidence Index Show Mixed Results in February
Market movers:
ETH: $2022.26 (+6.22%)
BNB: $638.46 (+2.35%)
XRP: $1.4163 (+7.79%)
SOL: $85.32 (+6.48%)
TRX: $0.2746 (+1.89%)
DOGE: $0.09573 (+4.36%)
BCH: $520.3 (+10.47%)
WLFI: $0.1017 (-5.40%)
U: $1.0003 (-0.09%)
ADA: $0.2681 (+5.55%)
#Ethereum #BTC

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$BANANAS31

On Feb 06, 2026, 17:31 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 71,000 USDT benchmark and is now trading at 71,085.828125 USDT, with a narrowed 5.94% increase in 24 hours.
Ask AI Will Bitcoin sustain above 71,000 USDT?
It is impossible to definitively predict if Bitcoin will sustain above 71,000 USDT, as cryptocurrency markets are highly volatile and influenced by numerous factors. While the Binance Market Data indicates Bitcoin recently crossed this benchmark and is trading at 71,085.828125 USDT with a 5.94% 24-hour increase, future price movements are speculative and depend on market sentiment, regulatory changes, adoption rates, macroeconomic conditions, and other unpredictable events.
#RiskAssetsMarketShock #MarketCorrection #BTC

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Senator Cynthia Lummis has expressed her readiness to work with the U.S. Treasury to clarify Bitcoin taxation, including the possibility of a de minimis exemption for small transactions. According to NS3.AI, Treasury Secretary Scott Bessent has shown support for clearer digital asset regulations, emphasizing the need to balance innovation with financial stability in the United States. In a recent move, the Treasury announced it will cease selling seized Bitcoin, opting instead to add it to a Strategic Bitcoin Reserve as part of the government's ongoing efforts.
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Investor Huang Licheng has closed his Bitcoin long positions, previously valued at approximately $1.847 million, and redirected his funds into Ethereum long positions, acquiring around 1,200 ETH. According to ChainCatcher, this strategic move has increased his total leveraged Ethereum long position to approximately $28.878 million, with an average price reduced to $2,977. Currently, there is an unrealized loss of about $300,300. Additionally, Huang holds a leveraged position in HYPE with a total value of around $1.09 million.
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