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The NFT market has rebounded despite crypto price weakness, with Bitcoin dipping to $96,000 and Ethereum unable to break past $2,700, hovering around $2,600. As per the latest CoinMarketCap, the global crypto market cap has dropped to $3.18 trillion from last week’s $3.24 trillion. According to CryptoSlam data, NFT sales volume has grown to $152.9 million, marking a 19.60% increase from the previous week. The market has seen expanded participation across all metrics. The weekly data reveals growing market activity: NFT sales volume rose to $152.9 million from $112.7 million NFT buyers increased 64.53% to 335,666 NFT sellers grew 49.30% to 237,123 NFT transactions climbed 4.73% to 1,574,998 Ethereum NFT sales jump Ethereum (ETH) NFT sales jumped 42.71% to $79.1 million, with buyers up 36.09% to 41,619. Wash trading increased 44.66% to $37.5 million. Bitcoin (BTC) took second place with $20.6 million despite a 26.59% drop. However, buyer numbers rose 40.65% to 23,097. Source: Blockchains by NFT Sales Volume (CryptoSlam) Mythos Chain held third with $15.4 million, up 4.25%. Solana (SOL) followed with $10.9 million, rising 13.86%, while Polygon (POL) rounded out the top five with $9.2 million, growing 23.35%. You might also like: Coinbase set to win SEC dismissal in ‘major win,’ analyst says Doodles claim second place DMarket maintained its lead with $10.2 million in sales, up 6.59%. The platform kept strong volume with 344,394 transactions and 24,012 buyers. Doodles claimed second place with $9.9 million, rising 32.80%. Pudgy Penguins moved to third with $8.8 million, bouncing back with an 83.01% increase and seeing transaction volume more than double. Courtyard held fourth with $8.2 million, up 23.52%, while LilPudgys entered the top five with $6.3 million, posting a 133.39% surge. Notable sales this week included: CryptoPunks #7685: $166,289 (60 ETH) CryptoPunks #3963: $139,515 (50 ETH) CryptoPunks #5774: $122,773 (44 ETH) CryptoPunks #9813: $121,059 (44.99 ETH) CryptoPunks #8046: $120,659 (44.69 ETH) Read more: Chart of the week: Maker gears to extend rally next week, 15% gains likely

Avalanche’s (AVAX) robust technical patterns suggest possible bullish momentum. With estimates that go beyond important Fibonacci levels, recent market activity points to a potential breakout. According to Market analyst Javon Marks, AVAX has experienced market fluctuations, going from a protracted downward trend to an upward one. The cryptocurrency saw a steep drop at first, hitting lower highs and lower lows. However, when a higher low formed, indicating an early reversal, the market structure changed. Following this, AVAX broke above a key resistance level, fueling a strong rally. The price rose, reaching a peak before undergoing a brief retracement. Market data indicates a Fibonacci extension of 1.618, with a projected target above $126.03. Additionally, extended targets suggest a potential rise to $243 if momentum continues. After a strong uptrend, AVAX entered a consolidation phase. The price fluctuated within a defined range while maintaining its bullish structure. The higher low remains intact, reinforcing the likelihood of a continued upward move. The analysis provided by Javon Marks highlights AVAX’s bullish trajectory. The cryptocurrency has consistently respected technical levels, confirming its market structure. A breakout above $126.03 could trigger a sharp move, potentially surpassing the $243 mark. AVAX’s price action continues to respect Fibonacci levels and key support zones. The market has formed a higher high, reinforcing bullish sentiment. If the current structure holds, a breakout above resistance could accelerate gains. However, price movement remains dependent on holding critical support levels. Any break below these zones could signal a trend shift. Traders and analysts remain focused on how AVAX reacts to upcoming resistance levels. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

#EOSUSDT A strong bullish position can be seen on the chart. After a long period of decline, the price was able to break the downward trendline and rose with strong momentum. It seems that the price has made up its mind and has gathered its volume for another huge rise.

Bitcoin Cash price prediction: BCH’s $400 rally at risk as crypto whales eye Litecoin ETF gains : Bitcoin Cash (BCH) price rose 6% before facing a 4% rejection from the $330 mark on Friday. BCH average transaction size has plunged by 67% since Feb. 3, while Litecoin’s rose 35% in the same period. The divergence between LTC and BCH whale demand trends suggests ETF buzz has shifted investor focus considerably this month.

Bitcoin price held steady above $95,550 even as popular American stock indices and exchange-traded funds dived. Bitcoin (BTC) was trading above $96,550 at last check Saturday morning, a day after U.S. equities had their worst day this year. Nasdaq 100, S&P 500, and SCHD retreats The blue-chip S&P 500 index dived by 1.71%, while the tech-heavy Nasdaq 100 fell by 2%, erasing 455 points. Similarly, the Dow Jones and the small-cap-weighted Russell 2000 fell by 1.70% and 3%, respectively. The Schwab US Dividend Equity ETF fell by 0.5%. This ETF, known as the SCHD, tracks some of the biggest value stocks in the US and is highly popular among dividend income investors. Nasdaq 100 vs Dow Jones vs S&P 500 | Source: crypto.news Many technology stocks, including Nvidia, Apple, Microsoft, and Meta Platforms were among the top laggards. The CNN Money fear and greed index remained in the fear zone of 35, while the crypto fear and greed index moved to the greed area of 38. Bitcoin and American equities have retreated because of the elevated market risk about President Donald Trump’s tariffs and the Federal Reserve. This week’s Fed minutes showed that most officials favored maintaining a restrictive policy since inflation remains elevated. Data published earlier this month revealed that the headline and core consumer price index rose to 3% and 3.3% in January, moving further from the 2% target. Bitcoin and other cryptocurrencies do well when the Federal Reserve has a dovish tone. For example, they crashed in 2022 as the bank hiked rates, but rebounded between 2023 and 2024 as the bank started its pivot. Investors are also concerned about tariffs, likely leading to more market risks. Trump has already implemented tariffs on Chinese imports. Tariffs on Canada and Mexico, and steel and aluminum will kick off in March. He is also considering levies on European goods. Higher tariffs will likely lead to stagflation, a period where high inflation is accompanied by slow growth rate. It is a difficult period since interest rate hikes to slow inflation lead to a slow economic growth, while rate cuts triggers higher inflation. You might also like: Trump’s trade war: Tariffs, recession risks, and crypto volatility | Opinion Bitcoin price chart points to a rebound Bitcoin price chart | Source: crypto.news On the positive side, there are signs that Bitcoin price will stage a strong comeback in the coming weeks. The weekly chart shows that it has been forming a bullish flag pattern, which is made up of a tall vertical line and some consolidation. This pattern eventually triggers a strong bullish breakout. Before that, the Bitcoin price formed a cup-and-handle pattern. This cup has a depth of about 78%, meaning that the BTC price target is about $121,590. The target is established by measuring the distance from the cup’s upper side. Read more: No matter how absurd, David Portnoy’s meme coins just keep working