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Daily Crypto Signals: Bitcoin Eyes $70,000, Solana Surges 12% Amid Market Rebound
Bitcoin BTC/USD recovered to an eight-day high of $68,190 on Wednesday amid a broader market rebound, though bulls face long odds ahead of Friday’s $10.5 billion monthly options expiry, with 88% of call options set to expire worthless below $70,000. Meanwhile, Solana SOL/USD surged 10% to $86 on the back of $40 million in spot ETF inflows since February 9, breaking out of a symmetrical triangle pattern with analysts eyeing a potential move to $110. Cryptocurrency markets saw a widespread bounce on Wednesday, with the global market capitalization increasing 4% to $2.28 trillion for the day. With a 5% increase, ... (full story)
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