Bitcoin Recovers After Drop

🟠Bitcoin returned to the $98K mark after recently falling below $95K. By February 11, the leading cryptocurrency had risen by 1%, bringing the total crypto market capitalization to $3.31 trillion. Market participants are closely monitoring economic events in the U.S., including today’s speech by Federal Reserve Chairman Jerome Powell.

🟠Ethereum saw a 3.1% increase, trading around $2.71K. Among the top 10 cryptocurrencies, Cardano showed the strongest growth (+15%) amid an ETF application filing. The Fear and Greed Index rose from 43 to 47 points, indicating a decrease in investor concerns.