{"id":6424,"date":"2026-02-06T18:49:08","date_gmt":"2026-02-06T18:49:08","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=6424"},"modified":"2026-02-06T18:49:08","modified_gmt":"2026-02-06T18:49:08","slug":"hbar-surges-15-and-xlm-gains-10-as-bitcoin-reclaims-70k","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=6424","title":{"rendered":"HBAR surges 15% and XLM gains 10% as Bitcoin reclaims $70K"},"content":{"rendered":"
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Hedera and Stellar prices are up by 15% and 10% respectively as altcoin surge.<\/li>\n
HBAR and XLM eye key levels, helped by Bitcoin\u2019s swift rebound to $70,000.<\/li>\n
Analysts warn that prices may yet dip after the latest relief rally.<\/li>\n<\/ul>\n
HBAR and XLM are up double digits as cryptocurrencies look for a swift rebound following Thursday\u2019s steep crash that saw over $2.6 billion in leveraged positions wiped out.<\/p>\n
The altcoins are up as Bitcoin, which crashed to $60,000 amid the bloodbath, leads the recovery with a rebound to above $70,000.<\/p>\n
Gains for Hedera and Stellar mirror the sharp upticks for XRP, Flare, VeChain, and Kaspa. Ethereum, which dipped to near $1,700 on Thursday, was testing the resistance at $2,000.<\/p>\n
HBAR and XLM price gains<\/h2>\n
Hedera\u2019s token dropped to lows of $0.073 as top coins crashed late Thursday, but currently hovers above $0.093 as buyers eye the $0.10 mark given up this week.<\/p>\n
An uptick of over 15% in the past 24 hours amid a 65% surge in trading volume (to over $420 million) signals the strong buying that follows the latest dip.<\/p>\n
Bulls will eye year-to-date highs of $0.13, likely if market sentiment improves further.<\/p>\n
Stellar, which has tracked gains by XRP in the past, also jumped on Friday.<\/p>\n
The altcoin was up 10% at the time of writing, slightly off the mark seen with a 13% uptick during early US trading hours.<\/p>\n
XRP\u2019s 18% spike as prices touched $1.52 following a dump to $1.13 pulled the closely related XLM higher.<\/p>\n
CoinMarketCap data showed Stellar traded around $0.17, sharply up from the lows of $0.13 reached earlier in the day.<\/p>\n
XLM was inching higher on increased volume, which details indicate stood at a 24-hour high of $426 million. Stellar bulls had helped push the daily volume up by more than 56% over this period.<\/p>\n
While sentiment remains well within the extreme fear territory, analysts say a break to $0.20 could allow for fresh bullish momentum.<\/p>\n
Bitcoin tops $70,000 as cryptocurrencies rebound<\/h2>\n
Bitcoin (BTC) is spearheading the crypto sector\u2019s latest quest for a swift turnaround following a sharp crash.<\/p>\n
The huge leverage unwinding saw BTC fall to $60,000, with a $10,000 drop in 24 hours marking the biggest one-day rout since bears annihilated bulls during the FTX crash in 2022.<\/p>\n
Gains have come as open interest expands, with shorts covering positions and fueling the climb to the critical $70,000 support level. Daily RSI also shows a bullish divergence.<\/p>\nBitcoin price chart by TradingView<\/figcaption><\/figure>\n
CoinShares says record ETP volumes, pause in whale selling, and BTC price moving below miners\u2019 production costs are factors that have historically marked fresh accumulation \u201crather than the start of a new leg lower.\u201d<\/p>\n
However, crypto analyst Rekt Capital says bulls may yet have to take on bears.<\/p>\n
The analyst shared his BTC price forecast as the cryptocurrency market bounced from Thursday\u2019s crash.<\/p>\n
According to Rekt Capital, a potential bearish acceleration is likely after another relief rally, with this based on Bitcoin\u2019s historical chart patterns.<\/p>\n
\u201cHistory suggests there\u2019s more downside to come,\u201d he shared on X.<\/p>\n
Bitcoin traded around $71,190 at the time of writing.<\/p>\n
Hedera and Stellar prices are up by 15% and 10% respectively as altcoin surge. HBAR and XLM eye key levels, helped by Bitcoin\u2019s swift rebound to $70,000. Analysts warn that prices may yet dip after the latest relief rally. HBAR and XLM are up double digits as cryptocurrencies look for a swift rebound following Thursday\u2019s<\/p>\n","protected":false},"author":1,"featured_media":6425,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":{"0":"post-6424","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eurozone"},"yoast_head":"\n
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![\"Hedera](\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/02\/XLM.png\")
\n<\/picture> <\/div>\n<\/p><\/div>\n![\"Bitcoin](\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/02\/BTCUSD_2026-02-06_20-34-24.png\")