Bitcoin (BTC) has successfully rallied to $10,000+ on Sunday (Feb. 9). In the daily, current price is around $9,800 while the structure is still intact and 10 EMA is acting as a trail support. BTC experienced a little shake as it dumped and quickly bounced off around the 9,700 level intraday. A continuation or consolidation above the current highs around 10,000 - 10,500 is likely to push the price higher (which is also clear in the price action shown in the weekly chart). Otherwise, key support sits around 9,200-9,000 (rally is deemed invalid if price falls below this area).
Global market cap is at $285B, while BTC's market cap is at $181B.
Weiss Ratings has ranked Bitcoin (BTC) an A- which is equivalent to "excellent" due to improving performance. Weiss Ratings announced in a tweet on Feb. 7: "The Weiss Crypto Rating for #BTC is now A- (excellent), thanks to improving fundamentals and positive price action ahead of Bitcoin's next halving."
Someone created a memorial on Ethereum for Dr. Li Wenliang, the whistleblower of China's coronavirus outbreak. The smart contract was created around 2:30 UTC (Feb. 7, 2020) and contained source codes in the shape of a monument of Dr. Li highlighting his contribution as a medical expert and proactively alerting others of the dangers of the virus as early as Dec. 30, only to be tamed by local police later on.
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