FANTOM has gained another 10%, bringing its seven-day gains to around 36%.

Many other altcoins are also showing strong performance over the past 24 hours, while Litecoin is outperforming many others.

The Fear and Greed Index continues to reflect general fear among investors, a sentiment that has persisted throughout February.

Bitcoin's trading volume saw a 30% increase overnight, possibly signalling renewed investor interest, despite the market remaining subdued with little movement from the market leader since January. Could the release of the Fed’s January meeting minutes later today spark action from investors?

In crypto news, a Van Eck digital asset analyst claims to have found some connections between Satoshi Nakamoto and Jack Dorsey.

Many have tried uncovering the identity behind Bitcoin’s creator. Is this time different, though?

Matthew Sigel, an analyst at Van Eck, shared his theories on X, detailing similarities between Satoshi, Dorsey and the creation of Bitcoin. But many on X have pointed out there’s little to no evidence supporting some of his claims.

It’s not the first time someone has claimed to uncover Satoshi’s true identity. In a Netflix documentary, Money Electric: The Bitcoin Mystery, Cullen Hoback investigated the origins of Bitcoin and its anonymous creator, proposing that Peter Todd - a Canadian programmer - may be Satoshi.

At the end of the day, though, does it really matter who created it? The fact it exists is enough, surely?

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In the markets 

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🌦️The Data...

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🌍 Total crypto market cap ⬆️

The global cryptocurrency market capitalisation is currently approximately $3.16 trillion, showing a 0.51% increase over the past 24 hours.

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🟠 Bitcoin (BTC) ⬆️

• Price: Currently trading at $95,709, reflecting a 0.43% increase in the last 24 hours.
• Daily high: $96,663
• Daily low: $93,434
• Market cap: Approximately $1.89 trillion
• 24-hour trading volume: Approximately $38.66 billion

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💎 Ethereum (ETH) ⬆️

• Price: Currently trading at $2,718, reflecting a 1.89% increase in the last 24 hours.
• Daily high: $2,724
• Daily low: $2,612
• Market cap: Approximately $327.76 billion
• 24-hour trading volume: Approximately $20.98 billion

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📈 S&P 500

The S&P 500 index is currently up by 0.24% from the previous close.

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😬 Fear & Greed Index

The Crypto Fear & Greed Index is currently at 38, signaling Fear among investors.

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📊 Bitcoin Relative Strength Index (RSI) (14)

The 14-day RSI for Bitcoin is at 42, indicating that the asset is neither overbought nor oversold at this time.

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‍Post Script…

Cautionary Notes

‍‍It's definitely tempting to get swept up in the excitement, but please heed these words of caution: Do your own research, only invest what you can afford, and make good decisions. The indicators contained in this article will hopefully help in this. Remember though, the content of this article is for information purposes only and is not investment advice or any form of recommendation or invitation. The Digital Commonwealth always advises you to obtain your own independent financial advice before investing or trading in cryptocurrency.