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Bill Barhydt, CEO of Abra, has made bold predictions about Bitcoin and Ethereum, suggesting that Bitcoin could reach as high as $700,000 in the current cycle.

Bitcoin's price dropped below $100,000 on Feb. 4, as concerns over the global trade war between the United States and China affected market sentiment.

Felix Hartmann, founder of Hartmann Capital, believes the crypto market may be near a bottom, pointing to extended negative funding rates and bearish sentiment as indicators.

The renewed bearish signal on the key indicator is not an immediate threat to BTC, but Trump's tariff rhetoric could shake up the market.

Ethereum (CRYPTO: ETH) and Bitcoin (CRYPTO: BTC) just picked up yet another reason that makes them worth a small investment of $1,000, even if you already hold some of each. The Securities and Exchange Commission (SEC) on Jan. 30 approved the initial part of an application by Bitwise Asset Management to issue a combined Bitcoin and Ethereum exchange-traded fund (ETF), according to Bloomberg. Upon the announcement, the existing set of ETFs that hold either Bitcoin or Ethereum saw inflows of roughly $655 million in new cash, suggesting that there are institutional investors who see the combined ETF as a possibility that could send prices of both assets higher.

According to new research from The Motley Fool, "Investment scams are costing consumers millions, and cryptocurrency is a top payment method." Most global currencies today are considered fiat currencies.

Bitcoin (CRYPTO: BTC) has a market capitalization of about $1.9 trillion as of this writing. It represents more than half of the total value of all cryptocurrencies in circulation, which currently stands at $3.2 trillion. Cathie Wood is the founder of Ark Investment Management, which operates several investment funds focused on innovative technologies like cryptocurrencies, electric vehicles, artificial intelligence, and more.