BTC Hits $107K Amid SEC Shifts & Trump Backing; Altcoins Struggle as Institutions Rally

Crypto Research Daily
February 10, 2025

🌐 Market Snapshot

• Bitcoin (BTC): Surging to $107,000+ post-SEC "Crypto Task Force" announcement, but facing volatility with support at $95K and resistance near $98.5K (News Source). A dip to $91K could signal a buying opportunity (Video).

• Altcoins: Struggling to keep pace; Ethereum (ETH) tests $2.3K support, Solana (SOL) eyes reversal at $180–185, while BNB battles $660–670 (Video). Memecoins (PEPE, Flaky) remain volatile.

📜 Regulatory & Macro Developments

• U.S. Policy Shifts: President Trump’s executive order backs crypto growth, including a federal working group for regulations and exploration of a national crypto stockpile (News).

• Fed Policy: Quantitative tightening (QT) may end by June 2025, potentially easing macro pressure on crypto markets (Video).

• Global Adoption: UAE and Hong Kong signal crypto integration into reserves/residency assets (Video).

🏦 Institutional Moves

• BlackRock’s ETF continues to attract inflows, signaling long-term confidence despite short-term volatility (Video).

• Austin University launches a $5M Bitcoin fund with a 5-year HODL strategy (Reddit).

• Klarna announces crypto payment support ahead of its $15B IPO (Reddit).

🪙 Altcoin & Memecoin Watch

• Altseason Uncertainty: 36M+ altcoins exist, but 95% are likely to fail. Focus on exchange-listed projects (e.g., SUI, AIOZ) (Video).

• Memecoin Mania: Dave Portnoy’s Jailstool surges 100,000% overnight (Reddit).

⛓️ On-Chain Insights

• Bitcoin Hashrate hits a new ATH, underscoring network security and miner confidence (Reddit).

• Supply Shock Alert: Institutions buy 3x more BTC than mined daily, per Ark Invest’s Cathie Wood (Video).

🎭 Community Sentiment

• Retail Fatigue: Sentiment hits multi-year lows as altcoins bleed, but experts remain bullish on a 2025 rally (Reddit).

• Bitcoin’s Pop Culture Moment: Super Bowl ad touts BTC as a hedge against inflation (Reddit).

• HODL Stories: Forgotten wallets yield surprises (e.g., $730 gains) (Reddit).

🔮 Expert Predictions

• Cathie Wood: $1.5M BTC in 5 years (Video).

• Market Cycle Warning: Bull run may peak by Q2; secure profits and prepare for bear-market discounts (Video).

⚠️ Risks & Warnings

• Hacks: 2024 saw $2.2B stolen, up 21% YoY (News).

• Exchange Manipulation: Allegations of leveraged long liquidations via coordinated sell-offs (Video).

💡 Strategic Takeaways

1. DCA into Bitcoin amid dips, prioritizing it over altcoins.

2. Monitor CPI/PPI data (due this week) for macro cues (Video).

3. Secure profits on overperforming assets; rebalance into BTC/ETH.

4. Avoid FOMO on memecoins; focus on institutional-backed projects.

Stay vigilant, stay informed.
— The Crypto Research Team