📈Bitcoin nears $100K—breakout or pullback?

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Altcoin Shakeout: Capitulation or Rebound? Nearly 25% of the top 200 cryptos have hit 1-year lows, sparking fears of market capitulation—and a possible altcoin rebound.  The Feb. 7 drop pushed 24% of major cryptos to yearly lows, the worst since August 2024 . Bear markets often see 30%+ at lows before true capitulation. The $3.13T market cap drop & Solana liquidations hint at overleveraged positions being wiped out. Bear or bull? Analysts say the next move could define the market's direction. More news to explore Two-Week Crypto Recap In the past two weeks, Sundog (SUN) skyrocketed by 90%, stealing the spotlight, while Islamic Coin (ISLM) and Maker (MKR) held strong with +60% gains. But not everyone thrived: Vine Coin (VINE) plunged -60%, taking a hard hit. The market moves fast—are you keeping up? Sun (New) SUN $0.019 ▾ -1.32% Get SUN Islamic Coin ISLM $0.036 ▾ -1.40% Get ISLM Maker MKR $1465 ▴ 40.56% Get MKR Wondering what are the  best & worst performing crypto  on a daily basis? Subscribe to our price alerts here. What Is Pushing the Market? Solana Faces Turbulence: $7B Token Unlock Looms Solana's hot streak is cooling down. A $4.3B LIBRA memecoin fiasco and a massive token unlock have sparked fears of increased selling pressure. What's happening? 15M SOL ($7B) unlocking Feb-Apr, adding to supply. FTX auction buyers (Galaxy, Pantera) stand to cash out billions. SOL's 4.7% inflation could dump another $1B in tokens. Analysts warn: Buying now could be risky. Learn the deets Blockchain Gaming Surges 3x Blockchain gaming is off to a strong start in 2025, with activity up 386% year-over-year, hitting 7.3M daily players in January, per DappRadar. Big winners: Ronin: 9% of all blockchain gaming (630K daily users). Polygon: Activity doubled, fueled by QORPO WORLD & Planet IX Avalanche's Off The Grid: Holding steady with 4.9M monthly wallets. What's the catch? Funding collapsed—dropping 93% from December's $222M to just $16M in January. Gaming is booming, but is it sustainable without fresh capital? What's Next for Bitcoin? Bitcoin closed at $98,330 on Feb. 21—its highest in nearly three weeks, bringing relief after weeks of low volatility. What are key drivers? Stronger BTC momentum despite a narrow range. US jobless claims rose to 219K, hinting at economic strain. Fed unlikely to cut rates in March, per CME FedWatch. What's next? Traders say flipping $100K to support is crucial, with key trend lines still in play. Breakout or pullback? The market is waiting. Time to exchange Have you enjoyed this letter? © Changelly 2015—2025 Get access to mobile-only rates Download the app to get exclusive benefits: Download About  |  Privacy Policy Manage Subscription Any information provided in this email does not constitute investment advice or investment recommendation nor does it constitute an offer to buy or sell or a solicitation of an offer to buy or sell digital assets or other financial instruments described in this email. In particular, this information should not be used as a substitute for suitable investment and product-related advice. Unless expressly stated otherwise, all pricing information is non-binding. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information in this email before making any decisions based on such information. IMPORTANT NOTICE: This sponsored content is for informational purposes only and not intended for persons in the United Kingdom. If you are accessing this from the UK, please note that this content has not been approved by an FCA authorised person. Cryptoassets are not regulated by the FCA and are high risk. The value of cryptoassets can go down as well as up and you may lose all your money. The content is for information only and not investment advice.