Avalanche (AVAX) trades above $6.50 at the time of writing on Thursday, extending its recovery and gaining nearly 7% so far this week. The rebound is supported by improving conditions in the derivatives market despite muted institutional demand.
Bitcoin (BTC) hovers around $62,000 on Thursday, recovering from a brief dip below $60,000 the previous day.
Bitcoin (BTC) recovers slightly, trading at $61,700 on Thursday after reaching a new yearly low of $59,103 and a 21-month low the previous day. This bearish price action is supported by the ongoing institutional sell-off, which recorded an outflow of over $469 million on Wednesday.
Pi Network (PI) price remains under downside pressure amid declining social interest, likely influenced by the broader market risk-off sentiment. The upcoming Pi2Day on Sunday marks the first-year anniversary of Pi App Studio, Ecosystem Directory Staking, and other network updates.
Ripple (XRP) remains under pressure, trading at $1.06 on Thursday after losing nearly 5% so far this week. Ripple and SBI Group partnered to launch RLUSD stablecoin in Japan following approval from the Japan Financial Services Agency (JFSA) on Thursday, but the move failed to lift sentiment.
Aave (AAVE) extends its rally, trading above $81 on Thursday after closing above its key resistance and surging more than 10% the previous day. The bullish move is supported by improving on-chain metrics, with USDT deposits flowing back into the protocol and strengthening its lending ecosystem.
The broader cryptocurrency market remains under intense selling pressure, with Bitcoin (BTC) back at $60,000 for the third time this year. On-chain data shows selling pressure from large-wallet investors, commonly referred to as whales, while total liquidations hit nearly $1 billion in 24 hours.
The crypto market has erased more than half of its value since reaching an all-time high in late 2025. The decline underscores the severity of the recent bear market and lack of a fresh catalyst to revive investor interest, according to a Wednesday X post by The Kobeissi Letter.
Ethereum (ETH) has fallen toward the $1,600 level, down over 3% on Wednesday as risk-off signs persist across key onchain metrics.
The common shares of Strategy (MSTR) fell below $100 on Wednesday for the first time since March 2024, extending losses as Bitcoin's (BTC) prolonged decline continues to weigh on investor perceptions of the company's leveraged crypto strategy.
LAB edges higher above $18.00 at the time of writing on Wednesday, defying broader crypto market headwinds that have constrained Bitcoin (BTC) in the $62,000-$63,000 range and Ethereum (ETH) between $1,600 and $1,700.
Ripple (XRP) continues to face significant selling pressure, sliding below $1.10 at the time of writing on Wednesday. This decline mirrors the broader weakness in the crypto market, exacerbated by mounting macroeconomic headwinds and persistent geopolitical uncertainties.
Bitcoin (BTC) is trading between $62,000 and $63,000 at the time of writing on Wednesday, weighed down by headwinds stemming from macroeconomic uncertainty and geopolitical tensions in the Middle East, especially as the United States (US) and Iran continue to offer conflicting accounts of the nuclea
Cardano (ADA) price hovers below $0.1500 at press time on Wednesday, extending a refreshed bearish impulse move of over 20% in the last nine days.
Bitcoin (BTC) remains under pressure, trading around $62,700 on Wednesday after losing 2% the previous day. Persistent institutional selling, with spot Exchange Traded Funds (ETFs) recording outflows on Tuesday, continues to weigh on BTC.
Pi Network (PI) price trades below $0.1300 at press time on Wednesday, following a 4% decline the previous day. The PI token remains under intense selling pressure as the broader market risk-off sentiment weighs down.
Chainlink (LINK) trades near $7.68 at the time of writing on Wednesday, falling nearly 2% so far this week. LINK remains under pressure despite announcing a strategic working group with several multinational organizations across Europe and South Korea to modernize foreign exchange infrastructure.
Solana (SOL) trades below $70 at the time of writing on Wednesday, after falling nearly 4% so far this week. Weakening derivatives positioning and deteriorating technical outlook suggest the selling pressure could accelerate, hinting at a deeper correction.
Dogecoin (DOGE) trades below $0.08000 on Wednesday, maintaining a steady decline for the seventh straight week, with a 4% drop the previous day.
Mark Zuckerberg has directed a small team at Meta to develop a new smartphone app focused on prediction markets, according to a Tuesday report by the New York Times.
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) remain under pressure on Wednesday after falling slightly the previous day. BTC trades below $63,000, ETH slips below $1,700, while XRP momentum continues to weaken.
Bitcoin (BTC) edges below $63,000 at press time on Wednesday, amid a global sell-off of tech stocks, including AI and chip stocks.
Bitcoin (BTC) came under renewed pressure after geopolitical tensions resurfaced and the Federal Reserve (Fed) struck a more hawkish tone, according to a Wintermute report on Tuesday.
The Ethereum Foundation (EF) announced that it has completed a reorganization and restructuring process, which involves cutting roughly 20% of its workforce, comprising 54 individuals across different teams.
The cryptocurrency market trades amid increasing sell-side pressure on Tuesday, reflecting a broader deterioration in sentiment and appetite for risk assets.
Ripple (XRP) upholds a broader bearish outlook, trending down at $1.10 at the time of writing on Tuesday.
The cryptocurrency market is experiencing broad-based declines on Tuesday, as Bitcoin (BTC) retests support at $62,000, Ethereum (ETH) extends losses toward $1,600, and Ripple (XRP) remains anchored near the key $1.10 demand zone.
Bitcoin (BTC) trades below $63,000 at the time of writing on Tuesday as conflicting signals from the US and Iran regarding the progress of peace negotiations continue to fuel geopolitical uncertainty.
The cryptocurrency market is losing momentum and liquidity due to the lack of a bullish catalyst, such as Artificial Intelligence (AI), which is reducing retail and institutional participation.
Pi Network (PI) trades in the red below $0.1300 on Tuesday, testing the bearish breakout of a rising support trendline amid rising selling pressure and faltering broader market sentiment.