Bitcoin (BTC) trades above $107,000 on Monday as its Apparent Demand metric turned negative, highlighting waning buying pressure amid an increase in miners' supply.
Peersyst Technology, which builds on the XRP Ledger blockchain, made a key announcement on Monday. The developers welcomed Ethereum-based decentralized applications (dApps) and protocols to the XRP Ledger through the launch of a new sidechain.
Ethereum (ETH) trades near $2,500 on Monday following the announcement by crypto mining company BitMine that it will launch an ETH treasury strategy using the net proceeds of its recent $250 million private placement.
Ripple (XRP) bulls face increasing overhead pressure, which continues to cap their recovery below the resistance level at $2.22. The cross-border money transfer token is trading at $2.17, down over 1% on the Monday.
Cryptocurrency prices are taking a breather on Monday following a recovery staged last week, with Bitcoin (BTC) breaking above multiple hurdles, including $107,000 and $108,000.
Dogwifhat (WIF) edges lower towards recently reclaimed dynamic support levels, trading at $0.85 at the time of writing on Monday. The social dominance and derivative data suggest a bullish bias, hinting at further gains ahead.
SUI is up 4% on Friday as the Layer-1 blockchain prepares to add $119 million worth of its token into circulation, contributing a major share of the unlocks for next week.
Ethereum (ETH) is down 1% on Friday, briefly declining below the $2,400 key level as United States (US) President Donald Trump announced he is terminating trade discussions with Canada.
Bitcoin (BTC) trades around $107,000 on Friday as the core Personal Consumption Expenditure (PCE) inflation data for May rose to 2.7%, beating expectations of 2.6%.
Tron (TRX) appears to be on the verge of a bullish move on Friday as it consolidates between support at $0.2704 and resistance at $0.2751. A technical buy signal on the 4-hour chart reflects rising activity on the Tron blockchain, whose transactions have almost doubled since 2023.
Ripple (XRP) extends losses on the third day in a row after its bullish momentum lost steam under the resistance level at $2.23. The path of least resistance is downward, with technical indicators reinforcing the bearish grip while the XRP price hovers at around $2.08 on Friday.
Hyperliquid (HYPE) breaks a streak of three consecutive days of losses on Friday, up almost 3% to trade at around $36.82 at the time of writing.
Aptos (APT) edges higher by 5%, recovering above the $5.00 mark at press time on Friday as it maintains heightened bullish momentum this week. Amid rising impulse, the APT Open Interest shoots up, representing a surge in optimism among derivative traders.
The cryptocurrency market shows signs of cooling after staging a recovery from the weekend sell-off. Bitcoin (BTC) led the upswing, briefly stepping above $108,000 on Thursday before pulling back to consolidate at around $107,147 at the time of writing on Friday.
Pi Network (PI) drops by 4% at press time on Friday, extending its reversal from the 50-day Exponential Moving Average (EMA). Amid the pullback, the falling Centralized Exchanges (CEX) reserves record a sharp outflow, signaling smart money absorbing the supply pressure.
Bitcoin (BTC) price has risen nearly 7% so far this week and is currently trading above $107,000 at the time of writing on Friday, just inches away from its all-time high.
Aave (AAVE) price is trading higher above $260 at the time of writing on Friday, following an over 10% rally so far this week. Three reasons why AAVE could extend its gains ahead are that its on-chain data shows that active loans and revenues have reached record levels.
Cardano (ADA) is up 1% at press time on Friday, reversing after two consecutive bearish days. Still, the price action points to a declining trend within a falling channel, as bearish momentum remains intact.
Ripple (XRP) is facing growing selling pressure amid broader market uncertainties, driven by geopolitical tensions and macroeconomic factors. After a sharp but brief run from the weekend low of $1.90, the token is trading at around $2.14 at the time of writing on Thursday.
The cryptocurrency market experienced a rollercoaster ride in June amid geopolitical tensions and macroeconomic uncertainty.
Bitcoin (BTC) extends its recovery, briefly stepping above $108,000 resistance before correcting to trade at around $107,356 at the time of writing on Thursday, citing growing investor interest in digital assets due to concerns about the United States (US) Federal Reserve's independence.
"Some Made in the USA" cryptocurrencies have performed brilliantly in the last 24 hours, with Movement (MOVE) posting double-digit gains while Onyxcoin (XCN) approaches a breakout from a long-standing resistance trendline. Meanwhile, Kaspa (KAS) extends its gains as the bearish momentum wanes.
Bitcoin (BTC) extends its fourth day of gains, trading above $107,000 at the time of writing on Thursday, just 4% shy of its all-time high.
Pi Network (PI) is on the move, rallying in double-digit gains to trade at around $0.63 at the time of writing on Wednesday. The breakout extends the recovery from the weekend sell-off to $0.46, buoyed by sentiment surrounding the potential integration of generative Artificial Intelligence (AI).
Ripple (XRP) extends recovery, building on the bullish momentum that followed the Israel-Iran ceasefire. XRP is up over 15% from the weekend sell-off low of $1.90, currently trading at around $2.21 at the time of writing on Wednesday.
Story (IP) slightly pulls back to exchange hands at around $2.99 at the time of writing on Wednesday, ignoring the launch of a $10 million fund focusing on supporting innovation at the intersection of Artificial Intelligence (AI), Intellectual Property (IP), and blockchain technology, in collaborati
The broader market recovery is witnessing a resurgence of risk-on sentiment following the Iran-Israel ceasefire. Amid easing bearish momentum, meme coins such as Dogecoin (DOGE), Dogwifhat (WIF) and SPX6900 (SPX) aim to extend the recovery seen earlier this week.
Cryptocurrencies show signs of extending gains on Wednesday, following a sharp recovery from the weekend sell-off, which saw Bitcoin (BTC) slip below the $100,000 mark.
Bitcoin (BTC) price extends gains above $106,000 at the time of writing on Wednesday, having risen 5% over the previous two days.
Cardano (ADA) takes a modest dip of under 1% at press time on Wednesday, losing steam after a Doji candle formed in the previous session.