Helium (HNT), Avalanche (AVAX) and Pickle rally on partnership bulletins

Bitcoin (BTC) value continues to defy gravity and its robust bullish breakouts incessantly end in quick sellers needing to cowl their positions in a rush. A repeat of this occurred on Feb. 9 when Bitcoin soared on the information of Tesla’s $1.5 billion Bitcoin buy. Bybt knowledge exhibits that about $1.34 billion price of Bitcoin futures positions had been liquidated because of the sharp rally.

Crypto market knowledge each day view. Supply: Coin360

One other notable occasion was the launch of CME Ether (ETH) futures on Feb. 8. A number of merchants feared that the launch would ship Ether value tumbling, just like the weak spot seen in Bitcoin shortly after the launch of its futures in 2017. Nonetheless, this has not occurred and Ether stays robust.

Together with the key cryptocurrencies, a number of smaller tokens with robust use instances have additionally carried out nicely. Let’s research three tokens which have been performing nicely within the present bullish surroundings.