Per crypto market news today, the US Treasury Secretary Scott Bessent has commented on Bitcoin’s recent downturn. He noted that the government will not use its seized Bitcoin to bail out the market.
While the Bitcoin price has dipped below $70,000, DeepSnitch AI (DSNT) is gearing up for another astronomical pump. It is at the top of today’s crypto headlines after selling out stages one to four of its presale in a short time.
Savvy investors who identified the potential fast are already on 153% profits. If you missed out, you still have a chance to get in now and buy the DSNT coin at $0.03830. Those who lock in now could join the next batch of crypto millionaires as top traders say DeepSnitch AI is about to go parabolic.
US government has no plans to rescue Bitcoin, Treasury Secretary warns
US Treasury Secretary Scott Bessent has made it clear that the government will not step in to support Bitcoin during market downturns. Testifying before Congress on Wednesday, Bessent said the US will keep any Bitcoin obtained through asset seizures.
However, he noted that he has no authority to direct private banks to buy more BTC. Responding to questions from Congressman Brad Sherman, a longtime crypto critic, Bessent also rejected suggestions that banking reserve rules could be changed to encourage Bitcoin or memecoin purchases.
Three altcoins to not miss out on in this market crash
1. Why is DeepSnitch AI (DSNT) topping today’s crypto headlines?
Crypto market news today shows that DeepSnitch AI is among the best presale gems to buy. The project, which aims to transform the crypto trading sector, is currently in stage five and has sold millions of DSNT coins.
At its core, DeepSnitch AI is an intelligence platform that has five AI agents. These agents continuously scan the market for whale and insider activity and evaluate data to help you make smarter, more informed decisions.
One of the agents is AuditSnitch. It provides instant smart contract security analysis. You can paste any contract address to receive a clear, risk-based verdict: CLEAN, CAUTION, or SKETCHY.
Using deep on-chain forensics, AuditSnitch also uncovers advanced threats such as hidden honeypots and ownership traps that are easy to miss with manual review alone. Another key agent is SnitchFeed, a real-time AI tool that evaluates whale movements, sentiment shifts, and insider traders.
Meanwhile, those who have the DSNT coin will gain early access and can also stake their coins for passive income.
If you purchase $5,000 worth of DSNT at the current price of $0.03830 and apply the 50% bonus, you could own a total of 195,822 DSNT. If the DeepSnitch AI price then reaches $1, your holdings would be valued at $195,822.
2. Toncoin: Technical indicators support a downtrend
Crypto market news today reveals that the Toncoin price has dipped into the red zone. The Toncoin crypto, which is associated with Telegram, has been trading between $1.30 and $1.43 since the start of February.
Technically, the RSI and MACD show that bears are in charge. The Toncoin crypto has to surpass the major barrier at the 50-day SMA ($1.59) to flip the negative sentiment.
Data shows the Toncoin price was trading at $1.33 on February 5. The Toncoin price is expected to soar to $11 this year.
3. Story price drops below December lows
The Story crypto was trading at $1.18 on February 5 after falling by 38.4% on the weekly timeframe. The token has started the year on a positive note with bulls pushing the Story price from $1.48 in December to $4.00 in January.
However, the recent market correction has pulled Story coin below its December lows. If the downtrend lingers, the altcoin risks falling below $1.00.
On the flip side, high buying pressure could push the Story price up. Moreover, the team recently delayed its token unlock in a bid to foster long-term sustainability. CoinCodex predicts the Story price may rise to $3.45.
Final verdict
While crypto market news today shows that the market is under bearish pressure, smart investors are taking note of top-performing coins. One such coin is DeepSnitch AI, a presale gem that many believe could be the next 100X crypto.
It is at stage five of its presale and is priced at $0.03830. If you want to join the next degens who made it big from crypto, you might want to take action now. DeepSnitch AI even has an ongoing limited-time bonus tier of 30%, 50%, 150%, or 300%, which you can take advantage of to get more coins.Visit the official website for more information, and join X and Telegram for community updates.
FAQs
1. How is the crypto market doing today?
Today’s crypto headlines show that the total crypto market cap has dropped by 11% to $2.19 trillion. Bitcoin has taken a major hit, dropping below $65K. However, AI coins like DeepSnitch are putting up a terrific performance, soaring by 153%.
2. Is crypto expected to rise?
Although market-wide updates reveal that the market is bearish, many believe it will stabilize as the year goes on, led by institutional interest. One of the coins expected to see massive growth is DeepSnitch AI. Traders say its value could pump by 100X.
3. What is the latest crypto market news?
Crypto market news today reveals that DeepSnitch AI has sold out the first four stages of its crypto presale. The AI-based project is gaining momentum very fast and could give holders exponential returns of over 100X-300X after its expected listing in Q1.
