BTC

$104471.115

0.01%

ETH

$2554.692

1.67%

XRP

$2.445

3.02%

BNB

$692.405

5.09%

XRP

$2.444

3.30%

Analysis

RWA Coins Defy Market Pullback as Clearpool Surges 20.58%

2 mins mins

Key Points:

  • Bitcoin demonstrates resilience, increasing 0.17% despite wider market pullbacks.
  • The Real World Assets sector remains stable, rising 0.02% during declines.
  • Clearpool leads RWA coins with a notable 20.58% surge after Ondo Chain launch.
RWA Coins Defy Market Pullback as Clearpool Surges 20.58%

The cryptocurrency market is experiencing a pullback, yet Bitcoin (BTC) and the Real World Assets (RWA) sectors demonstrate resilience. Bitcoin rose by 0.17%, valued at $97,670.31 on February 7, 2025, with increased trading volume.

The RWA coins saw a 0.02% growth, led by Clearpool’s 20.58% surge following the Ondo Chain launch. While other sectors like CeFi and DeFi face declines, BTC and RWA show relative strength. More insights await in the sector’s future dynamics.

RWA Coins Hold Strong While Layer1 and DeFi Sectors Decline

Despite recent pullbacks in the cryptocurrency market, Bitcoin (BTC) and Real World Assets (RWA) sectors exhibit resilience, with increases of 0.17% and 0.02%.

Notable in the RWA sector, Clearpool (CPOOL) jumped 20.58% following the Ondo Chain launch, while Ondo Finance (ONDO) gained 2.16%.

Conversely, the CeFi sector dipped 0.09%, though Binance Coin (BNB) rose 0.69% and Bitget Token (BGB) climbed 2.57%. Most other sectors, including Layer1 and DeFi, faced declines.

Bitcoin’s 15% Slide: Oversold Conditions Raise Market Stakes

As of February 7, 2025, Bitcoin shows an oversold condition with a price of $97,670.31, down 15% from a recent high of $109,522 on January 25, 2025.

Bitcoin (BTC) 4H Chart
Bitcoin (BTC) 4H Chart – Price Stabilizes Around $97,751 on February 7, 2025. Source: TradingView

The Relative Strength Index is at 47.36, indicating this oversold status. Trading volume increased to $47.74B, an increase of 4.14%.

Future performance depends on breaking the $100,000 resistance; failure could see it drop below $97,258, with support levels at $96,000 and $92,000, potentially triggering profit-taking.

Clearpool surges 20.58% as Ondo Chain launch boosts RWA sector

Clearpool (CPOOL) experienced a significant increase of 20.58%, driven by the launch of the Ondo Chain, which also boosted Ondo Finance (ONDO) by 2.16%. In contrast, the CeFi and DeFi sectors have faced declines.

Top Real-World Asset (RWA) Cryptos
Top Real-World Asset (RWA) Cryptos Ranked by Market Cap. Source: SoSoValue

Amid broader market pullbacks in the cryptocurrency landscape, the RWA sector remains resilient, maintaining stable progress and proving significant during periods of general market volatility.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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Avatar of Akinyemi Okedeji Amoo

Akinyemi Okedeji Amoo

07 February 2025, 04:46:03 GMT +0000

Akinyemi Okedeji Amoo, known as Tony, is a seasoned Web3 content strategist specializing in crypto journalism, PR, and SEO-driven content marketing. With six years of experience in cryptocurrency media, he has crafted high-impact presale articles and educational content that bridge the gap between blockchain innovation and mainstream adoption.

Passionate about blockchain’s role in reshaping global finance, Tony positions himself as a thought leader, delivering in-depth analyses and compelling narratives. At Coincu.com, he leverages his expertise to produce insightful, data-driven content that empowers readers with actionable knowledge on digital assets and emerging Web3 trends.

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