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Alts vs BTC A quick look at momentum indicators... This might explain recent strength of alts against bitcoin. If you are bearish here ...💀

This is a paid promotional article. We encourage you to conduct your own due diligence before participating in any related transactions. Best Wallet (BEST) just got a major upgrade. The platform has rolled out full Bitcoin support and expanded its multi-chain capabilities. With the project’s presale having raised over $10.5 million, it’s clear Best Wallet is making its mark on the crypto wallet space. Best Wallet Adds Full Bitcoin Support and Cross-Chain Capabilities Best Wallet’s new 2.5.1 update has officially gone live. The biggest addition is Bitcoin support, which Best Wallet users have requested since the wallet launched. Users can now ditch the app-switching headache – Best Wallet handles everything. And there’s more on the way. Solana, Base, and Tron are next, with the goal of supporting over 60 major blockchains. According to Best Wallet’s whitepaper, the team plans to add an NFT gallery, portfolio tracking, a browser extension, and even advanced trading tools (like limit orders). It’s a major convenience for the multi-coin user – especially with how complex crypto can be these days. On the security front, the team isn’t cutting corners. They’ve teamed up with Fireblocks, using Multi-Party Computation (MPC) to keep users’ private keys safe. It’s like getting bank-level security – but without the bank. And this is seen as a big deal, given all the fallout from the Bybit hack last week. How to Upgrade to Best Wallet’s Multi-Chain System Upgrading Best Wallet to get the new multi-chain features is surprisingly quick. Most of the complicated stuff happens behind the scenes. Your existing wallets will migrate automatically, but it’s always a good idea to do a backup first. If you’re already a Best Wallet user, the process is simple. After updating the app to version 2.5.1, go to Settings > Manage Wallets > Multi-Chain Wallets and follow the on-screen prompts. The key is to log in the same way you did initially – if you used Google before, then stick with Google for the migration. However, the Best Wallet app will guide you through this whole process. As a result, your Main, Created, and Imported wallets – and all your crypto – move to the new system automatically. Once you’re migrated, you’ll notice the upgraded security. There are cloud backups encrypted with a passphrase of your choosing, which is handy if you lose your phone. But if you’re really serious about security, you can also do manual backups by writing down your keys on paper and storing them somewhere safe. Best Wallet Ecosystem – How $BEST Token Powers Rewards and Features Best Wallet isn’t just about the app. There’s also the native BEST token, which is currently in presale – and doing well. The presale has already raised over $10.5 million, with BEST tokens selling at the discounted rate of $0.024125. A key perk of holding BEST is that it lowers your transaction fees in the Best Wallet app. It also unlocks higher staking rewards – estimated at 152% per year. That makes Best Wallet one of the best crypto staking platforms for those seeking above-average yields. BEST token holders also get access to the “Upcoming Tokens” tab. This is essentially a discovery tool that helps you find high-potential projects before they hit exchanges. All of this has driven massive adoption of the Best Wallet app. The app boasts over 500,000 registered users, with half using it every month. Even popular YouTuber Austin Hilton has declared he’s a big fan. So, between the multi-chain upgrades, new features, and the BEST token’s potential, Best Wallet is shaping up to offer a complete crypto experience. Visit Best Wallet 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。

It’s a blood-red Tuesday across the crypto markets. Crypto market sentiment has fallen into “extreme fear” as Bitcoin slumped to as low as $86,887, its lowest since mid-November. Broadly, the crypto market has dropped by over 10% over the last day, with some leading coins like Solana, Ripple’s XRP, and Dogecoin nursing much larger losses during the same span. Crypto Trader Sentiment Drops To ‘Extreme Fear’ The Crypto Fear & Greed Index, a multifactorial measure of crypto market sentiment, hit a score of 25 on Feb. 25, showing “extreme fear. Tuesday’s 24-point drop from the day prior that pinned sentiment at “neutral” signals one of the sharpest drops since September. The quick drop signifies a rapid dip toward overly bearish sentiment. Reasons for the panic include the Monday crypto market sell-off extending into Tuesday and the heavy outflows from US spot Bitcoin exchange-traded funds (ETFs). Bitcoin is down 7.8% to trade hands at $87,939, while Ethereum plummeted 11.3% to $2,377, CoinGecko data shows. Ripple’s XRP remains the biggest loser in the top 10 coins, with its decline deepening since earlier Monday. It’s down 15.6% over the last day and 19.7% on the week to a current price of around $2.08. Other top coins are faring almost as badly as XRP, with Solana’s SOL down roughly 13.7% at $135.52, top meme coin Dogecoin falling circa 13% to $0.1997, and Cardano also down 13% at a current price of $0.6345. $1.5 Billion Crypto Liquidation Storm Amid Tuesday’s across-the-board price carnage, liquidations have surged to $1.48 billion over the last 24 hours, per data from CoinGlass, with Ethereum and Bitcoin leading the charge at about $641 million and $302 million, respectively. Most of the liquidations are for those betting on a price rise. The current pullback mirrors the 2017 market formation when Bitcoin saw a 28% correction five times, each lasting two to three months, Global Macro Investor founder and CEO Raoul Pal, observed in a Feb. 25 post on the X platform. The crypto market drawdown followed another wave of selling in US Bitcoin exchange-traded funds, with around $516 million in investor cash exiting the funds on Feb. 24 alone. The BTC ETFs have now witnessed six straight days of outflows, data from Farside Investors shows. Moreover, the crypto industry was recently rocked by the largest hack in crypto history on Feb. 21, when Bybit lost nearly $1.5 billion.

Pump.fun regained control of its X account after a brief takeover by unknown attackers. Hackers briefly accessed the X page of the Solana meme launchpad, using the platform to promote scam meme tokens in a series of posts. Renowned blockchain investigator ZachXBT was the first to warn users about the breach, advising traders not to click any links or trade the meme tokens posted by the attackers. In one of the now-deleted posts, the hackers attempted to deceive investors into purchasing a fake Pump.fun governance token. The platform does not have a native token and only facilitates the quick creation of Solana-based cryptocurrencies. Pump.fun had fully regained control of its X account by the time of publication. It remains unclear if meme traders suffered any losses from the incident. This wasn’t the first social media hack orchestrated by the same bad actors, ZachXBT noted on his official Telegram channel. “The PumpDotFun X account compromise is directly connected on-chain to the Jupiter DAO Feb 2025 & DogWifCoin Nov 2024 X account compromises.” ZachXBT wrote. Several X accounts have been hijacked in recent months. Attackers typically take control of popular accounts, post fraudulent contract addresses, and attempt to steal funds from unsuspecting users. “It is likely not the fault of either the Pump Fun or Jupiter teams,” ZachXBT noted . According to the blockchain investigator, it’s likely a “ threat actor is social engineering employees at X with fraudulent documents/emails or a panel is being exploited.”

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