weekly crypto market report 17 february 2025

Weekly Crypto Market Reports: February 17, 2025

In the crypto market report covering the week of February 17-24 prepared by the ICRYPEX Research team, we have compiled current developments regarding crypto assets, price movements of crypto assets and macroeconomics.

You can take a look at the general flow of this report immediately below and reach all the developments that took place in the 7-day period from Weekly Crypto Market Reports: February 17, 2025.

February 17 Weekly Crypto Market Report Overview

The volatile yet sideways movement in crypto assets continues. Although Bitcoin has not been able to surpass the $98,500 level, it has also managed to stay above $93,000 despite negative developments and selling pressure, indicating a low-volume but strengthening trend. As a result, Bitcoin ended the week with only a 0.2% decline. Ethereum, on the other hand, appears to be consolidating within the $2,500–$2,860 range after experiencing a long-position liquidation at the $2,100 level in early February. Despite negative news on Friday, Ethereum’s ability to hold above $2,600 and close the week with a 2% gain is considered a positive sign. However, this strength has not been reflected in altcoins. Apart from Maker, OM, ACH, and PNUT, no other altcoins managed to finish the week in positive territory.

On the macroeconomic front, the upcoming U.S. GDP and inflation (PCE) data this week could influence the markets. The overall sentiment suggests that investors are still waiting for Trump’s decision regarding China, which is expected to have the most significant impact on market pricing. Additionally, new reports of coronavirus cases from China have contributed to negative market pressure. While no concrete information has emerged yet, if such a scenario materializes, it could trigger larger sell-offs.

Looking at the internal dynamics of the crypto market, the sentiment was relatively positive until Friday evening, when a $1.4 billion Ethereum hack on Bybit led to a negative price reaction. On a more positive note, aside from ongoing developments regarding altcoin ETFs and project-based news, the European Central Bank’s plan to utilize blockchain technology for new services is seen as a promising step for the crypto space. Regarding ETFs, the approval and registration processes for altcoin ETFs are still in progress, with Litecoin, Solana, and XRP ETFs expected to receive approval in 2025. In Ethereum ETF developments, the request from U.S. senators for clarification on the staking process is viewed as a positive step.

When examining capital flows into Bitcoin and Ethereum ETFs, Bitcoin ETFs experienced $559 million in outflows, while Ethereum ETFs saw a $1.5 million inflow. This provides a logical explanation for Ethereum’s positive momentum despite negative developments.

Those who want to get more comprehensive information about the week covering February 17 – 24 can review Weekly Crypto Market Reports: February 17, 2025.

Risk Disclosure
Cryptocurrency assets have higher volatility compared to traditional financial instruments and involve various unique risks. There is no guarantee or commitment regarding the prices at which transactions will be executed. Therefore, before deciding to trade on ICRYPEX, you must fully understand, assess, and consider all potential risks you may encounter. The opinions, news, research, analyses, prices, or other information provided on ICRYPEX's official website, trading application, or social media platforms are general market commentary and do not constitute investment advice. ICRYPEX is not responsible for any losses incurred as a result of investments made based on such information.

What Is Aave and Why Are People Actually Using It?
In the world of DeFi where new protocols pop up every week, Aave has stayed relevant for one simple reason. It works. It is not flashy. It is not meme-fueled. It is just a solid piece of infrastructure that lets people lend and borrow crypto without going through banks or middlemen. And when we say people, we mean everyone from casual users to DAOs managing millions. What Aave Really Does Aave is a...
What Are Funding Rates in Crypto Markets
If you have ever opened a leveraged position in crypto using perpetual futures, chances are you have come across something called a funding rate. It might seem like a background detail, but it has a huge impact on your profits and losses. In fact, many traders check funding rates before even thinking about opening a position. That is because this tiny percentage can either quietly eat away at your...
Judge Rejects Ripple-SEC Case - White House Says Customs Duties May Be Delayed
Ripple v SEC Judge Rejects Ripple and the U.S. Securities and Exchange Commission (SEC) have denied a request to lift a permanent injunction and reduce the penalty by Judge Analisa Torres of the Southern District of New York. “Nothing has changed — neither side is arguing otherwise,” Judge Torres said, recalling the SEC’s previous position that Ripple would continue to violate the law. Both sides had...
What Are Carry Trades and How Do They Work
Carry trading is one of those strategies that keeps showing up across financial markets. Whether it’s in traditional currency pairs or the more experimental corners of crypto, the logic stays the same. You borrow money where it is cheap and you invest it where it pays more. The profit comes from the gap between those two yields. It sounds simple enough, but the execution is anything but. When done...
What Is Basis Trading and How Does It Work
Basis trading is getting more attention lately, especially among hedge funds, crypto traders, and institutions that want reliable profits without betting on market direction. It is one of those strategies that sounds complex at first but is built on a simple idea. The goal is to take advantage of the price difference between the two versions of the same asset. You are not trying to guess where the...


Create an account

Now create an account where you can use your knowledge.