Bitcoin (BTC) Price Today - February 6: BTC Trades Range-Bound Below $100,000, ETH Crosses $2,800

Bitcoin (BTC), the world's oldest and most valued crypto, dwelled within the $97,000 range early Thursday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw a mix of minor gains and dips across the board

World’s oldest and most valued cryptocurrency, Bitcoin (BTC), dwelled within the $97,000 range on early Thursday, as several altcoins witnessed a mix of minor gains and dips across the board. According to CoinMarketCap data, the global crypto market cap stood at $3.22 trillion at the time of writing, registering a 24-hour jump of 0.39 percent. In other news, Lido DAO (LDO) became the biggest gainer of the lot, with a 24-hour jump of over 7 percent, while Pudgy Penguins (PENGU) became the biggest loser with a 24-hour loss of nearly 13 percent.

Here's a look at the top crypto gainers and losers over the past 24 hours, as per CoinMarketCap data:

Top Crypto Gainers Today (February 6)

As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:

Lido DAO (LDO)

Price: $1.7924-hour gain: 7.02 percent

Monero (XMR)

Price: $235.9424-hour gain: 6.88 percent

Ethereum Name Service (ENS)

Price: $28.2324-hour gain: 6.31 percent

Official Trump (TRUMP)

Price: $18.8724-hour gain: 6.29 percent

Ethereum (ETH)

Price: $2,845.6524-hour gain: 4.69 percent

Top Crypto Losers Today (February 6)

As per CoinMarketKas data, here are the top five crypto losers over the past 24 hours:

Pudgy Penguins (PENGU)

Price: $0.0117424-hour loss: 12.99 percent

Kaspa (KAS)

Price: $0.0900924-hour loss: 7.72 percent

Virtuals Protocol (VIRTUAL)

Price: $1.3224-hour loss: 6.02 percent

Sui (SUI)

Price: $3.3924-hour loss: 5.59 percent

Celestia (TIA)

Price: $3.0424-hour loss: 5.26 percent

Bitcoin Price Today: BTC Price in India Today (February 6)

Bitcoin price stood at $97,862.20, registering a 24-hour dip of 0.52 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 81.30 lakh.

Meanwhile, here are the latest updates from the crypto exchanges on the current market scenario:

"Bitcoin is holding steady at around $97,000 as investors carefully evaluate the current market conditions. While retail activity is subdued, institutional activity is picking up, with Bitcoin ETFs seeing over $350 million in net inflows over the past two days. This coupled with Blackrock’s plans to launch a new BTC exchange-traded product shows a renewed interest from institutions that could help Bitcoin maintain an upward momentum. Bitcoin now faces resistance at the $100,000 mark, with strong support at $95,800,” Alankar Saxena, co-founder and CTO, Mudrex told ABP Live.

"Bitcoin continues in the range of $96,100-$99,100, currently at $97,300 as bulls push to reclaim $100K while bears defend resistance. Meanwhile, Berachain is making headlines with a $632 million airdrop as it launches its Proof-of-Liquidity Layer 1 mainnet today- another major event in the evolving blockchain landscape. On the corporate front, MicroStrategy (Nasdaq: MSTR) reported Q4 2024 earnings, reinforcing its aggressive Bitcoin accumulation and broader capital transformation. The company also launched Strategy.com, signaling a stronger focus on Bitcoin and AI,” CoinSwitch Markets Desk noted.

"Bitcoin is showing resilience above $97,000. Optimism is that it will again trade above the psychological mark. What seems to be a crash is often a tactical reset for a future bull run. As dominance rises and fear takes hold of the market, long-term investors know there's an opportunity in volatility. While short-term bearish sentiment prevails, the long-term course for Bitcoin is still unwinding, and historical trends support pricing to find corrections above the current levels. Meanwhile, Ethereum's open interest suggests that credibility is returning, pointing to a decoupling from the trajectory of Bitcoin,”