Crypto news today: Bitcoin near $94K and altcoins gain as traders rotate into utility plays like Remittix

The crypto market is off to a strong start to the new week. The current Bitcoin price is floating around the 93846 mark, having recovered the $93000 level, which boosted investor confidence and enabled altcoins to surge as well.

Ethereum, Solana, and XRP are experiencing a resurgence in momentum, making this one of the most powerful weeks in the market in 2026.

This renewed excitement comes as whales begin to buy Bitcoin in large amounts again.

But while Bitcoin holds the spotlight, utility tokens like Remittix (RTX) are getting growing attention from traders who expect value-driven projects to lead the next altcoin season.

Bitcoin whales accumulate as BTC reclaims $93K

Source: Tradingview

Bitcoin price has jumped 7% in the last 7 days, breaking back above $93,000 and hitting $94,000 on Bitstamp.

This move is backed by large holders who added 270,000 BTC, worth around $23 billion, over the last month.

That’s about 1.3% of all Bitcoin in circulation.

Even with this central accumulation, market analysts like NoLimit believe Bitcoin may not immediately explode upward.

Instead, this whale activity shows that long-term investors are preparing for a big move later this year or in 2027.

For now, Bitcoin is gaining strength, but traders should watch the $93,500 mark closely. Bitcoin’s 12-month chart closed below $93,500, which could now become a strong resistance zone.

Crypto analyst Rekt Capital notes that similar levels in past cycles have capped price movement for up to three years.

Some experts think we may be in the early stages of a broader pullback. If so, Bitcoin might rise slightly higher before hitting a new macro lower high.

The following true breakout above this zone might not come until the next halving year in 2028. 

Remittix gains momentum as traders chase utility

As the crypto market shifts toward projects with real value, Remittix is attracting more attention.

While Bitcoin and major altcoins bounce on trader activity, Remittix is pulling in long-term investors focused on real use cases.

Remittix has now sold over 695 million tokens, raising more than $28.6 million.

The current price per token is $0.119. After securing listings on BitMart and LBANK, the team is now preparing for a third primary exchange listing.

The Remittix wallet is already live on the Apple App Store, with the Android version coming soon. Here’s what else is powering its growth:

• Remittix helps users send crypto to bank accounts in more than 30 countries.
• The upcoming PayFi platform launching on February 9 will support direct payments and conversions.
• Remittix is tackling the $19 trillion global payment gap with crypto-native tools.
• Its utility-first token model powers real transaction volume beyond trading hype.

With more investors seeking crypto projects that solve real problems, Remittix stands out as a strong alternative.

While many altcoins still rely on speculation, Remittix is already building and delivering value.

Traders rotate into value as crypto market strengthens

Today’s crypto news shows that while Bitcoin holds its ground near $94K, traders are also looking at value-focused plays like Remittix.

With whales buying and altcoins recovering, the crypto market is setting up for a strong 2026.

As volume returns and resistance zones get tested, expect utility coins to lead the next breakout wave.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/   

Socials: https://linktr.ee/remittix

FAQs

1. What is the reason why the Bitcoin price is increasing this week?

The Bitcoin price is rising on high-volume purchases by whales who accumulated 270,000 BTC last month, alongside the robust growth of global assets such as stocks and gold.

2. What is the resistance level of Bitcoin?

According to the 12-month chart, Bitcoin is struggling at $93,500. This may take several months unless a new breakout occurs, the experts believe.

3. Why is Remittix better than other altcoins?

Remittix is concerned with real-life payments. Its platform enables individuals to transfer crypto to bank accounts in 30+ countries, and its wallet is already available on iOS.

4. Is this the appropriate time to invest in utility cryptos?

As traders shift into value and altcoin season, utility projects such as Remittix can gain renewed momentum over hype-driven ones.