Bitcoin trembles: this is what they expect to happen to its price in February

The market anticipates classic fluctuations for Bitcoin and the rest of the cryptocurrencies. How much are they trading at today?

For the most part, cryptocurrencies marked a decline this Monday, January 29, and the global market capitalization decreased slightly by 0.9%; which translates into an approximate valuation of US$1.71 billion.

Bitcoin (BTC), the world's most popular digital currency, reached $49,000 and $38,000 this month. With the settlement of the first spot BTC ETFs in the United States and the next run of important dates for the US macroeconomy, price fluctuations are expected to spread and drag down other major cryptocurrencies such as Ethereum (ETH) or Solana ( SOL) at the beginning of February.

Meanwhile, investors analyze their strategies and become greedy according to the Fear and Greed Index, which acts as a thermometer of traders' feelings.

After falling below $39,000, Bitcoin (BTC) experienced a significant rally and managed to position itself above $42,000 over the weekend.

In the last 24 hours, however, its price fell by 0.1% and was around $42,299, as revealed by Coingecko, the site specialized in price monitoring of crypto assets.