On February 13, Bitcoin surpassed $96,000, while the global crypto market reached $3.2 trillion. PancakeSwap (CAKE) saw a remarkable 58% rise, while Bitget Token (BGB) dropped over 8%. The market sentiment remains neutral, with Ethereum and other altcoins showing varied performance amid potential bullish trends for Bitcoin.

On February 13, the global cryptocurrency market cap rose to $3.2 trillion, with Bitcoin (BTC) reaching $96,650.55, marking a 0.97% increase over the last 24 hours. Major altcoins such as Ethereum (ETH), Ripple (XRP), Solana (SOL), and Litecoin (LTC) experienced a decline, while the Market Fear & Greed Index was at 40, indicating a neutral sentiment among investors. Notably, PancakeSwap (CAKE) surged nearly 58%, making it the standout gainer for the day. In contrast, Bitget Token (BGB) continued its downward trend with an 8% loss.

In summary, while Bitcoin shows resilience at the $96,000 mark, other cryptocurrencies exhibit mixed performance amid varying market sentiments. The significant gains from CAKE highlight potential opportunities within the sector, whereas the losses from tokens like Bitget suggest caution is warranted for some investors. Industry experts remain optimistic for Bitcoin’s upward trajectory if key support levels hold.

Original Source: news.abplive.com

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