Helium (HNT), Avalanche (AVAX) and Pickle rally on partnership announcements

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Bitcoin (BTC) worth continues to defy gravity and its robust bullish breakouts ceaselessly end in brief sellers needing to cover their positions in a rush. A repeat of this occurred on Feb. 9 when Bitcoin soared on the information of Tesla’s $1.5 billion Bitcoin buy. Bybt information reveals that about $1.34 billion value of Bitcoin futures positions have been liquidated as a result of sharp rally.

Crypto market information day by day view. Supply: Coin360

One other notable occasion was the launch of CME Ether (ETH) futures on Feb. 8. A number of merchants feared that the launch would ship Ether worth tumbling, much like the weak point seen in Bitcoin shortly after the launch of its futures in 2017. Nevertheless, this has not occurred and Ether stays strong.

Together with the foremost cryptocurrencies, a number of smaller tokens with robust use circumstances have additionally carried out effectively. Let’s research three tokens which were performing effectively within the present bullish atmosphere.