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

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Bitcoin (BTC) value continues to defy gravity and its sturdy bullish breakouts often end in brief sellers needing to cover 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 value of Bitcoin futures positions have been liquidated as a result of sharp rally.

Crypto market knowledge day by 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 point seen in Bitcoin shortly after the launch of its futures in 2017. Nevertheless, this has not occurred and Ether stays strong.

Together with the foremost cryptocurrencies, a number of smaller tokens with sturdy use instances have additionally carried out properly. Let’s research three tokens which were performing properly within the present bullish setting.