Friday’s crypto markets behaved a bit like a crowd finally discovering the sun after a week of drizzle and bad-tempered asides from a weather forecaster. Bitcoin and Litecoin led the procession as prices ticked upward. Bitcoin’s hop away from the $60,000 cliff-nearly 8% up to reclaim the $70,000 peak-felt like standing up after a long, wobbly sit-down and realizing you can walk again without collapsing into a hedge fund of nerves.
That bounce also gave a leg up to the more adventurous kin of the crypto family, like Litecoin, which rose roughly 8% for the day.
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Shiba Inu follows Bitcoin’s lead
Alongside Litecoin, meme-coin Shiba Inu (SHIB) also gained traction, rising about 7%.
As Bitcoin recovered from its Thursday stumble, large investors redeployed capital across the market, pulling speculative coins like Shiba Inu back into the green.
SHIB, which had faced pressure earlier in the week from market weakness and liquidations, is now benefiting from improved market sentiment.
What’s next for crypto?
Bitcoin’s recovery grants traders a window to reposition, but caution remains. Analysts warn that while short-term bounces are possible, broader market trends still point to volatility. The key resistance for Bitcoin sits in the $70,000 to $75,000 range, with some traders speculating on further upward movement.
For now, the Bitcoin rebound is lifting sentiment across the market, and altcoins like Litecoin and Shiba Inu are riding the uptick alongside it.
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2026-02-07 01:35