NKB Weekly Crypto Market Video [Video]
![NKB Weekly Crypto Market Video [Video]](https://editorial.fxstreet.com/images/Markets/Currencies/Digital Currencies/Bitcoin/bitcoins-52602600_XtraLarge.jpg)
Jamie Farquhar at NKB with the latest weekly wrap - this edition includes news about Binance, Bakkt, Facebook's list of partners, as well as the trading news and more
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NKB Team
NKB Group
Sui is extending its downtrend for the second consecutive day, trading at 0.95 at the time of writing on Wednesday. The Layer-1 token is down over 16% in February and approximately 34% from the start of the year, aligning with the overall bearish sentiment across the crypto market.
XRP pares losses as bulls target a short-term breakout above $1.50. The MACD upholds a buy signal while the MFI indicator rises above the midline, suggesting a potential bullish shift.
A new entity identified in BlackRock's quarterly filing for its Bitcoin (BTC) Exchange-Traded Fund (ETF) IBIT has sparked rumors of Chinese investment under the name of Zhang Hui, despite the nationwide ban on the Crypto King.
The cryptocurrency market is showing signs of a gradual recovery, with Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) all edging higher at the time of writing on Wednesday after the price declines seen a day earlier.
Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.
Bitcoin (BTC) price slips below $67,000 at the time of writing on Friday, remaining under pressure and extending losses of nearly 5% so far this week.