Bitcoin Jumps 3.23% in Minutes, Ethereum Surges Past $2,200
HTX market data records Bitcoin rebounding above $75,000 within minutes after an intraday dip, underscoring sustained volatility in crypto prices.
BTC
ETH
SOL
Summary
On Feb. 4, HTX market data showed Bitcoin rebounding 1.57% in 8 minutes to break above $75,000 after briefly falling to $73,867. Earlier in the day, ETH/BTC dropped to 0.02937 after over 12% weekly and 14.54% monthly losses. Bitcoin traded near $75,500, Ethereum around $2,200, and Solana fell under $100. The total crypto market capitalization declined 3.3% to $2.648 trillion. Bitcoin previously spiked 3.23% in 20 minutes to $74,560, and Ethereum rose 4.14% past $2,200 before easing to $2,172, illustrating continued rapid intraday fluctuations.
Terms & Concepts
- ETH/BTC: A trading pair representing the value of Ethereum relative to Bitcoin, often used to gauge market trends between the two cryptocurrencies.
- Ethereum: A blockchain platform enabling smart contracts and decentralized applications, with its native cryptocurrency called Ether (ETH).