The fate of the crypto market was mixed on February 10, 2025, as the ongoing trade war and the global economic tensions flashed some negative signals, and the investors’ optimism was really affected. Bitcoin (BTC) is the most capitalized cryptocurrency in the world; in the beginning, it went below $97,000 and then was traded at $96,991.94, which witnessed a 24-hour increase of 0.14%. The global crypto market cap was at $3.17 trillion with a 24-hour drop of 0.44%, thus reflecting the patience of all the investors outright.
It was a dreadful appeal to the Ethereum followers, as the coin traded for a minor figure, which was $2,634, and marked an incidence of a 24-hour loss of 0.86%. Other significant altcoins performed similarly as they differed, with Litecoin (LTC) making the biggest profit, it jumped 24 hours of more than 5% and was traded at $113.55. Counterbalancing the gains was a coin that lost in terms of profitability, namely, DeXe (DEXE) with a 24-hour decrease of nearly 15%. The diversification of the course of the cryptocurrencies is shown now that the situation with the macroeconomics is such that the market can be easily disrupted at any time unless there is substantial knowledge and skills about it.
Impressively, the fight between the U.S. and China affected the crypto market through the efficiency of Ethereum-based exchange-traded funds (ETFs). The inflows from Spot Ethereum ETFs in the U.S. have been more than twice those of Bitcoin ETFs during the past week, which in turn could be a claim that this might be the time investors are starting to view Ethereum as a hedge against the rough economic conditions internationally. The shift away from the primary form of digital asset might be a game-changer in the market structure providing equal market share to both Bitcoin and lower market share for the leading cryptocurrency. This emerging contest might become the main challenge against Bitcoin.
The market experienced a noticeable tremor along with the advanced flow of the spot and the formation of shorts as the majority. This asset was spotted at $2.40. During the last 24 hours, it was losing 2.74%. XRP is experiencing a higher trading rate due to the lawsuits and the regulators getting involved in its market activity.
It is quite a challenging period for the crypto market, which is why technical indicators and on-chain metrics keep being on the radar of analysts. The feeling among the investors was more pessimistic than optimistic; the 35 (Fear) market Fear & Greed Index stands, Which indicates that the majority was of a cautious sentiment. This fact, along with the fluctuating performance of different cryptocurrencies, shows that investors should be cautious in crypto investing during the economic crisis.
