The crypto market moved with renewed energy today, reacting to both global sentiment and technical chart levels. Investors observed a combination of gains and brief corrections as Bitcoin and Ethereum approached significant resistance zones.
Bitcoin (BTC) slid modestly to $99,739, while Ethereum (ETH) remained near $2,192. Altcoins followed a mixed path, signaling a balance between bullish optimism and profit-taking.
Market Highlights
Bitcoin (BTC): Declined to $99,739, briefly dipping below the six-figure mark. The $98K level remains a key area of support.
Ethereum (ETH): Steady around $2,192, with continued momentum from optimism around the upcoming protocol upgrades.
Altcoin Overview
Ripple (XRP)
Hovering near $1.97, XRP retained moderate strength. Blockchain adoption for cross-border transfers continues to attract institutions.
Solana (SOL)
Trading close to $147.32, SOL benefits from robust NFT traffic and developer momentum.
Cardano (ADA)
ADA moved slightly down to $0.5228. Developers are focused on Layer-2 scaling and expanding smart contract integrations.
Avalanche (AVAX)
AVAX settled near $16.87 after brief profit-taking. Its subnet framework and institutional DeFi ambitions keep interest intact.
Meme & Community Coins
Shiba Inu, Floki, and PEPE saw active trading. These assets remain speculative but generate high engagement among younger traders.
Outlook & Sentiment
With macro risks still looming, range-bound action is expected. However, niche sectors like Web3 gaming, DeFi, and L2 scaling continue drawing venture capital, hinting at future upside.
Disclaimer
This article is for educational purposes only and does not offer financial advice. Cryptocurrencies are volatile and carry risk. Please consult a licensed advisor before investing.
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