Bitcoin today 15/02/2025: BTC breaks $98K barrier but retreats while OM shoots up 36%
- Bitcoin traded at $97.
- BTC breaks $98K but retreats.
- Mantra (OM) soars 36% today.
On the rise, the price of Bitcoin Today 14/02/2025 is showing a considerable recovery, surpassing the level of US$ 97 thousand. Yesterday, BTC was traded at US$ 98 thousand, however, it did not sustain its upward movement, falling to US$ 96 before recovering to its current price zone.
Amid the recent rally, the largest cryptocurrency is showing signs of a potential bullish breakout, according to a technical analysis by renowned expert Ali Martinez. “Bitcoin $BTC looks poised for a breakout, but confirmation is key before the next move,” wrote .
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At the time of publication, the price of Bitcoin was quoted at US$ 97.646,49 with an increase of 0.8% in the last 24 hours, equivalent to approximately R$ 558,041.75 BRL and € 92,822.13 EUR. The price of the largest cryptocurrency on the market showed a recovery of 1.6% this week.
On the other hand, the Mantra (OM) token is showing an impressive increase of over 36% in the last 24 hours, leading the gains among the major crypto assets. The cryptocurrency is currently trading at $7,57, up 36.6%. OM is up 27.8% in a week. Amid the market recovery, many cryptocurrencies are trading higher, such as ETH, XRP, DOGE, SHIB, LTC, HBAR, XLM.
In this scenario, following Bitcoin's development, the main cryptocurrencies are registering small increases in the last 24 hours. Ethereum is being quoted at US$ 2.707,56 with a 1% increase in its price. XRP is being traded at US$ 2,80 with a 2.5% increase. Cardano is priced at US$ 0,7939 after registering a 1% drop. Solana cryptocurrency is showing a 2% drop and is being traded at US$ 194,99.
Bitcoin and Layer 1 projects gain prominence, driving investors away from memecoins
The cryptocurrency market is undergoing a remarkable transformation, with investors’ focus shifting from memecoins to more solid projects with greater long-term potential. This shift in behavior, observed by digital asset analytics firm Santiment, suggests healthier, more sustainable market dynamics.
According to Santiment, traders are showing increased interest in Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Toncoin (TON), and Cardano (ADA), all large-cap projects with solid fundamentals. This preference for assets with real utility and innovative technology indicates a more mature and informed approach from the crypto community.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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