The total cryptocurrency market capitalization remains stable around $2.34 trillion, demonstrating resilience, while Bitcoin has risen 6% to $71,700 amid a traditional market sell-off. Analysts point out Bitcoin's relative strength, VanEck predicts a slower recovery, and 10x Research issues a warning about the overall bear market trend. In company news, Core Scientific plans to sell its 2,537 Bitcoin holdings to fund AI projects; Riot Platforms announced record annual revenue. Additionally, Visa and Bridge are expanding their stablecoin card services to over 100 countries/regions.
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The total cryptocurrency market capitalization remains stable around $2.34 trillion, demonstrating resilience, while Bitcoin has risen 6% to $71,700 amid a traditional market sell-off. Analysts point out Bitcoin's relative strength, VanEck predicts a slower recovery, and 10x Research issues a warning about the overall bear market trend. In company news, Core Scientific plans to sell its 2,537 Bitcoin holdings to fund AI projects; Riot Platforms announced record annual revenue. Additionally, Visa and Bridge are expanding their stablecoin card services to over 100 countries/regions.