{"id":245423,"date":"2024-02-11T17:54:28","date_gmt":"2024-02-11T12:24:28","guid":{"rendered":"https:\/\/dripp.zone\/news\/cryptocurrency-price-analysis-for-february-11-eth-link-beam-crypto-news\/"},"modified":"2024-02-11T17:54:33","modified_gmt":"2024-02-11T12:24:33","slug":"cryptocurrency-price-analysis-for-february-11-eth-link-beam-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/cryptocurrency-price-analysis-for-february-11-eth-link-beam-crypto-news\/","title":{"rendered":"Cryptocurrency Price Analysis For February 11: ETH, LINK, BEAM – Crypto News"},"content":{"rendered":"

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Cryptocurrency Price Analysis: The cryptocurrency market<\/a> picked up aggressive bullish momentum from the second week of February. The leading digital assets Bitcoin($47876) and Ethereum($2519) showcase a weekly growth of 13% and 11.5%, respectively.\u00a0<\/span><\/p>\n

As Bitcoin approaches a pivotal end-of-week push towards the $50,000 mark, the crypto community is buzzing with anticipation, especially with the Bitcoin halving event just 10 weeks away. According to recent insights from the crypto analytics firm Santiment, an impressive 90.5% of all Bitcoin<\/a> (BTC) coins are currently profitable, reflecting the price at which they were first acquired. This level of profitability surpasses that of other major cryptocurrencies, with Ethereum (ETH) and Ripple (XRP)<\/a> seeing 84.7% and 79.9% of their coins in profit, respectively.<\/span><\/p>\n

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\ud83e\udd73 #Bitcoin<\/a> is making an end-of-week push toward $50K with just 10 weeks until the #halving<\/a>. 90.5% of $BTC<\/a> coins are now in profit compared to the time of their first existence. For comparison, 84.7% of $ETH<\/a> coins and 79.9% of $XRP<\/a> coins are in profit. https:\/\/t.co\/9t046gP3z0<\/a> pic.twitter.com\/PMZMALH646<\/a><\/p>\n

\u2014 Santiment (@santimentfeed) February 9, 2024<\/a><\/p>\n<\/blockquote>\n

With the majority of holders in profit, the crypto market is less likely to witness panic selling and more acquisition from buyers.<\/span><\/p>\n

Amid the current recovery trend, potential traders can find new entry opportunities at Ethereum (ETH), Chainlink (LINK), and BEAM.<\/span><\/p>\n

Also Read: Crypto Headlines of The Week: Bitcoin, Solana, & Shiba Inu Fuels Inferences<\/a><\/p>\n

Will Ethereum (ETH) Price Surpass $2700 In The Coming Week?<\/b><\/h2>\n