Bitcoin News Roundup for Feb. 10, 2021


With the top two cryptos down on the day and a bitcoin supply squeeze seemingly in the cards, CoinDesk’s Market Daily is back with the latest news roundup

Crazy Bitcoin and Ethereum Fees Dampen Rally, Help Competitors


Source: Adobe/Dušan Zidar Bitcoin (BTC) and ethereum (ETH) transaction fees have spiked by 89% and 260% in the past month, as growing demand for BTC and ETH has overburdened both blockchains with unprecedented traffic. Moreover, Ethereum’s issues are seemingly boosting its competitors. Bitcoin’s...

Bitcoin, Ethereum Fluctuate While Smaller Altcoins Rally


Bitcoin price extended its decline below USD 45,000, but downsides were limited. BTC is back above USD 45,000 and it is currently (13:00 UTC) showing positive signs. If the price stays above USD 45,000, there are chances of a steady rise towards USD 47,000. Besides, most other major altcoins...

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