The post Why Is the Crypto Market Going Up Today? appeared first on Coinpedia Fintech News

The cryptocurrency market moved higher today, with the total market value rising about 3% to around $2.42 trillion as several major digital assets posted gains. Bitcoin climbed above $71,000, while Ethereum, XRP and other leading tokens also advanced, showing renewed buying activity after weeks of heavy selling.

Rumors of U.S. Crypto Reserves Boost Sentiment

One of the main drivers behind the rally is market speculation that the United States could consider building a strategic reserve that includes Bitcoin and other digital assets. Although no official confirmation has been announced, the rumors have fueled investor optimism and encouraged short-term buying, particularly in major cryptocurrencies such as XRP and Bitcoin.

Analysts say the move shows how quickly sentiment can shift in the crypto market, where expectations around regulation and government policy often influence investor behavior.

Oversold Conditions Trigger Technical Bounce

Another reason behind the market rise is a technical rebound following an extended period of declines. The crypto Fear and Greed Index recently fell into “extreme fear” territory, suggesting that many investors had already sold their positions. As selling pressure slowed and liquidations dropped sharply, bargain hunters began entering the market, pushing prices higher.

This type of rebound is common after sharp corrections, when prices temporarily recover as traders buy assets they believe are undervalued.

Outlook Depends on Upcoming Developments

The sustainability of the rally will depend on whether positive news continues and whether the total crypto market value can move above the next resistance area near $2.44 trillion. Failure to hold recent gains could result in another short-term pullback, while continued positive sentiment may support further recovery.

For now, analysts describe the current move as a fragile rebound driven by improving sentiment, reduced selling pressure, and renewed speculation about future government adoption of digital assets.

The post CoinShares: Quantum Computing Threat to Bitcoin Is ‘Manageable,’ Not Immediate appeared first on Coinpedia Fintech News

The progress of quantum computing has raised new questions about the long-term security of Bitcoin, but digital asset manager CoinShares says the threat remains distant and manageable. According to the firm, while quantum computers could one day challenge certain cryptographic systems used by Bitcoin, the technology required to do so is still many years away.

Experts say discussions about quantum risks are important for a financial system that now secures trillions of dollars in value. However, current evidence suggests the issue is more of a future engineering challenge than an immediate danger.

How Quantum Computers Could Affect Bitcoin

Bitcoin’s security relies mainly on two technologies: digital signatures that authorize transactions and cryptographic hashing that protects addresses and powers mining. Advanced quantum algorithms could, in theory, weaken parts of these systems, potentially allowing attackers to calculate private keys from exposed public keys.

Even in such a scenario, the exposure would be limited. Most modern Bitcoin addresses keep their public keys hidden until funds are spent, which means they remain protected. Older address types that reveal public keys represent only a small portion of total supply, reducing the potential impact on the broader market.

Technology Still Far From Practical Attacks

CoinShares says that quantum computers capable of breaking Bitcoin’s encryption would require millions of highly stable qubits, far beyond today’s machines. Current quantum systems operate with only a tiny fraction of the computing power needed for such tasks, and researchers estimate that practical quantum attacks could still be a decade or more away.

This long development timeline gives developers and users sufficient time to adapt the network. Bitcoin’s open-source structure allows upgrades, including the possible introduction of quantum-resistant cryptographic signatures through future software updates.

Limited Market Impact Expected

Even in a highly positive scenario for quantum technology, analysts say only a small number of older coins could be exposed quickly enough to influence market liquidity. Any broader impact would likely unfold gradually, giving investors and wallet holders time to move funds to more secure address formats.

Gradual Upgrades Seen as the Best Approach

CoinShares warns that aggressive or premature protocol changes could create new risks, including software bugs or unnecessary network disruptions. Instead, the firm suggests a gradual transition toward quantum-resistant technologies as research matures, allowing Bitcoin to evolve without compromising stability.

Long-Term Challenge, Not a Crisis

For investors, the main takeaway is that quantum computing represents a long-term technological consideration rather than an immediate security emergency. With the ability to upgrade cryptography and migrate funds over time, Bitcoin’s architecture is designed to adapt to new threats, reinforcing the view that the quantum risk, while real, remains manageable for the foreseeable future.

The post Bitcoin Price Prediction: Analysts Warn of Drop to $55K if Support Breaks appeared first on Coinpedia Fintech News

Bitcoin traded quietly over the weekend, remaining below the $70,000 level as investors waited for stronger market direction. Analysts say the next upside target for buyers is a move above around $74,460, which could signal improving momentum and encourage more demand in the market.

Possible Upside if Momentum Builds

If buying interest strengthens, analysts believe Bitcoin could gradually climb toward higher resistance zones near $86,600 and $94,400. In a stronger recovery scenario, prices may even retest the region close to $98,000, which marked one of the earlier yearly highs. Such a move would depend on sustained investor confidence and broader market stability.

Support Levels Being Closely Watched

At the same time, downside risks remain. If Bitcoin slips below near-term support between approximately $67,500 and $69,600, the next area of interest for traders lies between about $62,000 and $65,500. Continued weakness could push prices further down toward the $55,000–$56,000 range before a more stable bottom is formed.

Short-Term Direction Still Uncertain

Market analysts say Bitcoin is currently in a consolidation phase, with investors watching whether buyers can regain control in the coming days. The next movement above resistance or below support zones is likely to determine the short-term trend, as the cryptocurrency market continues to navigate a period of heightened volatility.

The post Patrick Bet-David Accumulates More XRP as Crypto Market Wipes Out Billions appeared first on Coinpedia Fintech News

Entrepreneur and investor Patrick Bet-David said he recently purchased additional XRP and Bitcoin during the latest cryptocurrency market decline, signaling continued confidence in digital assets despite sharp volatility.

Global crypto markets have fallen significantly in recent months, erasing billions of dollars in value and raising concerns among investors about whether the downturn could deepen further. The sell-off has affected major tokens including XRP and Bitcoin, both of which have seen large price swings over a short period.

Focus on long-term investing

Speaking on his podcast, Bet-David said he bought “a bunch of XRP and Bitcoin” as prices dropped, describing the move as part of a long-term investment approach rather than a short-term trade. He opened up about dollar-cost averaging, a strategy that involves buying assets gradually at different price levels, as a key method investors can use during volatile markets.

“So, I just bought a bunch of XRP and Bitcoin yesterday, and I bought a bunch when it dropped to whatever the number was in the 80s , you know, high 70s, 80s.”

According to Bet-David, many investors say they want to buy assets when prices are lower, but fear often prevents them from acting during sharp market declines. He said disciplined investors who stay focused on long-term trends are more likely to benefit from such periods of uncertainty.

Debate over crypto’s role continues

The recent market decline has also renewed discussion over whether cryptocurrencies can act as inflation hedges or independent assets during economic stress. Analysts say that digital assets have recently moved more closely with traditional financial markets, partly due to rising institutional participation.

Despite the uncertainty, some investors believe the correction could present an opportunity to accumulate assets at lower valuations, especially for tokens they expect to gain wider adoption in the future.

The post Bitcoin Price Prediction: BTC Eyes Big Rally To $94K After Forming Potential Bottom appeared first on Coinpedia Fintech News

Bitcoin is showing early signs of recovery after falling sharply in recent weeks. The world’s largest cryptocurrency bounced from around the $60,000 level and has moved modestly higher, giving investors some hope that the worst part of the recent correction may be ending. However, analysts say it is still too early to confirm that the market has fully stabilized.

At the time of writing, Bitcoin is up by more than 7% and is trading slightly below $70,000.

Recovery Seen, But Confirmation Still Needed

Bitcoin has already climbed more than 10% from its recent low, which is a positive signal for the market. Even so, experts explain that a stronger and more consistent upward move is needed before traders can confidently say that a new uptrend has started. Markets often show short-term rebounds during corrections, and sometimes prices can fall again before a true recovery begins.

Because of this, many traders are carefully watching how Bitcoin behaves over the next few weeks. If buying demand continues to grow and prices keep rising steadily, it could confirm that a meaningful bottom has been formed.

Possible February Rally in Focus

Bitcoin could see a stronger rally later in February once the correction phase ends. One important level being watched is around $94,000, which is considered a key resistance area based on previous price movements. A move toward that level would mean strong recovery momentum, although it may not happen immediately.

Downside Risk Still Exists

Despite the recent bounce, risks remain. If selling pressure returns, Bitcoin could still fall toward the $55,000–$56,000 range, which is seen as the next important support zone.

For now, the market remains mixed. Investors are waiting for clearer signs of sustained strength before making large moves, while long-term holders continue to focus on Bitcoin’s broader growth trend despite short-term volatility.

The post Is This the Moment XRP Millionaires Are Made? Garlinghouse Quote Sets Crypto Twitter Ablaze appeared first on Coinpedia Fintech News

The recent pullback in the crypto market has pushed XRP into a period of volatility, but comments linked to Brad Garlinghouse, CEO of Ripple, are stirring fresh discussion among investors about whether the downturn could present a buying opportunity.

Market Fear Rises as XRP Metrics Turn Bearish

XRP has been moving in line with the broader crypto market decline, with several indicators showing weakening momentum. On-chain data indicates that XRP exchange reserves recently climbed to around 2.7 billion tokens, meaning that some investors are moving holdings onto exchanges — often interpreted as a signal that traders may be preparing to sell.

However, at the time of writing, XRP has gained more than 19% in the last 24 hours. Analysts warn that short-term rebounds could also turn into “bull traps,” where prices briefly rise before continuing lower, making timing the market difficult.

Investors Urged to Wait for Confirmation

Several experts have advised investors to avoid rushing into dip-buying strategies. Historically, sharp corrections can continue longer than expected, and analysts say confirmation of a sustained uptrend is often safer than trying to catch a “falling knife.”

This approach shows the broader uncertainty in the crypto market, where sentiment indicators have recently slipped into extreme fear territory.

Garlinghouse Quote Interpreted as Subtle Signal

Amid the downturn, Garlinghouse shared the well-known Warren Buffett quote: “Be fearful when others are greedy and greedy when others are fearful.”

My favorite Warren Buffet quote:

"Be fearful when others are greedy, and greedy when others are fearful!"

— Brad Garlinghouse (@bgarlinghouse) February 5, 2026

While the Ripple CEO did not directly comment on XRP’s price, many traders interpreted the post as a possible signal encouraging long-term confidence during the market’s fear phase. Social media reactions from XRP supporters quickly framed the message as a reminder that major opportunities often appear during market stress.

Long-Term Fundamentals Still in Focus

Despite short-term bearish signals, XRP supporters continue pointing to Ripple’s ongoing institutional partnerships, payment-network expansion, and new use cases on the XRP Ledger as long-term drivers that could support the asset once broader market sentiment improves.

For now, analysts say the coming months could determine whether the market stabilizes into a consolidation phase or experiences additional downside.