The cryptocurrency market remains under pressure, with Bitcoin (BTC) trading in the lower $68,000s at the time of writing on Monday, after correcting from its March peak of around $76,000.
Bitcoin (BTC) is trading at $68,500 at the time of writing on Monday, as market sentiment deteriorates amid escalating tensions between the US and Iran.
Pi Network (PI) is up 4% at press time on Monday, trading between the 50-day and 100-day Exponential Moving Averages (EMAs). The declining social interest in Pi Network and a surge in PI token deposits on Centralized Exchanges (CEXs) flag downside risk.
Ripple (XRP) remains under pressure, trading below $1.40 at press time on Monday, as the ongoing US-Iran war weighs down on the broader cryptocurrency market.
Cardano (ADA) is nearing key support, trading at $0.25 on Monday after falling by more than 7% the previous week. Weakening derivatives data, alongside dampened risk sentiment amid escalating conflicts in the Middle East, continue to weigh on ADA, hinting at a deeper correction ahead.
Bitcoin (BTC) trades below $69,000 at press time on Monday, pulling down Ethereum (ETH) and Ripple (XRP) below $2,100 and $1.40, respectively, as the Middle East war escalates, involving the US, Israel, and Iran.
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) continue to weaken on Monday after correcting by more than 6%, 5% and 4%, respectively, in the previous week. BTC slips below $68,000 while ETH and XRP trade below their key support levels.
Solana (SOL) Foundation President Lily Liu stirred mixed reactions on Friday following a controversial statement suggesting that "gaming on a blockchain is not coming back."
Ethereum (ETH) has returned to a familiar zone around $2,100 on Friday after retreating from $2,390, its highest level since early February.
Dogecoin (DOGE) is paring losses around the daily open of $0.0935 on Friday, as cryptocurrencies post mild gains following a widespread pullback, driven by sentiment-related volatility stemming from the Middle East war and the hawkish stance of the Federal Reserve (Fed) on interest rate cuts in 2026