BTC, ETH, BNB, SOL, XRP, ADA, AVAX, DOGE, DOT, and LINK undergo price analysis on 2/9.

Bitcoin (BTC) is experiencing a surge in value, leading to increased investment in exchange-traded funds (ETFs). On February 8, spot Bitcoin ETFs saw their third-largest inflows, totaling $403 million. Since its launch on January 11, the total inflows into the ETFs have exceeded $2.1 billion. BlackRock and Fidelity’s spot Bitcoin ETFs have each accumulated over $3 billion in assets under management. Bloomberg ETF analyst Eric Balchunas noted that BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (FBTC) have outperformed all other ETF launches in the past 30 years. The positive momentum is not limited to Bitcoin alone, as select altcoins are also experiencing upward movement, breaking through their respective resistance levels. This suggests an improvement in sentiment across the entire cryptocurrency market. Now, let’s analyze the charts of the top 10 cryptocurrencies to see if Bitcoin can maintain its positive momentum and trigger a rally in altcoins.