Buyers are now leading the Ethereum (ETH) derivatives market on crypto exchange Binance, following a positive flip in the Net Taker Volume.
Monero (XMR) is trading near its new record high of $598 at the time of writing on Monday, after defying lethargic sentiment in the broader cryptocurrency market since the year started.
Ripple (XRP) is trading downward toward $2.00 at the time of writing on Monday, weighed down by declining retail interest. Despite steady inflows into related Exchange Traded Funds (ETFs), XRP faces increasing downside risks that could push its price below $2.00.
Bitcoin (BTC) is trading above $90,000 at the time of writing on Monday, after rising to an intraday high of $92,519.
Bitcoin (BTC) is trading below $91,000 at press time on Monday, struggling to hold above the 50-day Exponential Moving Average (EMA) at $91,548. A steady outflow from US spot Bitcoin Exchange Traded Funds (ETFs) reflects weakened institutional demand, risking a decline in market sentiment.
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are trading in green on Monday, fueling a broader cryptocurrency market recovery. Bitcoin and Ethereum extend gains for the second consecutive day, crossing above $92,000 and $3,100, respectively, while XRP stabilizes near $2.00.
Solana (SOL) edges higher by 2% at press time on Monday, adding to the nearly 3% rise from Sunday. A steady inflow into US spot SOL-focused Exchange Traded Funds (ETFs) reflects deeper institutional support for Solana.
Monero (XMR) leads the crypto market recovery, posting roughly 23% gains over the last 24 hours, suggesting renewed interest in privacy coins. Additionally, Story (IP) and Render (RENDER) with double-digit gains sustain bullish momentum.
Dogecoin (DOGE) is trading down at the time of writing on Friday, reflecting a sudden spike in volatility following the release of the United States (US) Nonfarm Payrolls (NFP) report.
Ripple (XRP) is trading under pressure, resting squarely on support at $2.00 at the time of writing on Friday. The path with the least resistance appears downward, weighed down by declining retail demand despite minor inflows into XRP spot Exchange Traded Funds (ETFs).
Pi Network (PI) trades close to $0.2100 at press time on Friday, stabilizing after a two-day decline of nearly 2%. The PI token's trading volume steadily declines, while a surge in social dominance suggests a potential spike in retail interest.
Bitcoin (BTC) holds delicately above $90,000 at the time of writing on Friday, reflecting lethargic sentiment in the broader cryptocurrency market. An early-year rally hit a hurdle at $94,789 on Monday, prompting profit-taking and a correction to $89,311 on Thursday.
Maple Finance (SYRUP) is up by 2% at press time on Friday, rising above the 200-day Exponential Moving Average (EMA) at $0.3853. The lending protocol’s revenue hit a record high of $2.49 million in December, underscoring accelerated adoption and user demand.
Solana (SOL) price extends gains, trading above $140 on Friday after rebounding from key support the previous day. Institutional demand continues to strengthen as SOL’s spot Exchange Traded Funds (ETFs) record a weekly inflow of over $41 million so far this week.
Pepe (PEPE) is under extreme selling pressure, trading in the red for the fifth consecutive day, down 1% at press time on Friday. Pepe’s decline following a 72% hike last week suggests a likely profit-booking phase, while on-chain data indicates declining network activity.
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) steadied above key support levels on Friday after being rejected at mid-week resistance zones. The short-term recovery prospects remain intact if the top three cryptocurrencies by market capitalization hold these support zones.
JasmyCoin (JASMY), Polygon (POL), and Monero (XMR) extend gains over the last 24 hours. JasmyCoin struggles to surpass its key psychological resistance, while Polygon and Monero extend their recovery.
Zcash (ZEC) is trading down as volatility reaps through the cryptocurrency market on Thursday. The privacy-focused token is down nearly 14%, marking the largest intraday loss since December 1.
Ripple (XRP) is trading down for the third consecutive day on Thursday amid escalating volatility in the cyrptocurrency market. After peaking at $2.41 on Tuesday, its highest print since November 14 amid the early-year rally, XRP has quickly ran into aggressive profit-taking.
Bitcoin (BTC) is trading around $90,000 at the time of writing on Thursday as volatility grips the broader cryptocurrency market. The decline from BTC’s weekly high of $94,789 can be attributed to uncertainty about wether the early-year rally will continue, which likely triggered profit-taking.
Bitcoin (BTC) slips below $90,000 on Thursday after a failed rejection at a key resistance level earlier this week. Bearish sentiment is strengthening as institutional demand fades, with spot Bitcoin Exchange-Traded Funds (ETFs) recording outflows.
Uniswap (UNI) trades in the red on Thursday, for the third consecutive day, as bears eye a potential downside breakout from an 18-day consolidation range. Data shows that the Total Value Locked (TVL) on Uniswap and its weekly fees are declining, indicating reduced user demand.
Monero (XMR) price trades above $444 on Thursday after rebounding from key support earlier this week. Bullish momentum is strengthening, as derivatives metrics for XMR show rising Open Interest (OI), a positive funding rate, and large whale orders.
Chiliz (CHZ) ticks higher by over 3% at press time on Thursday after a two-day pullback, extending the prevailing upward trend. Demand for the CHZ token among large wallet investors, commonly referred to as whales, has increased this year.
Curve DAO (CRV) price is struggling to close above the key resistance at $0.433 on Thursday after a bullish breakout last week. On-chain indicators point to improving sentiment, with whale accumulation increasing alongside rising daily active addresses.
Pi Network trades above $0.2000 at press time on Thursday, following a nearly 2% decline the previous day. Centralized Exchanges (CEXs) have received 1.90 million PI tokens over the last 24 hours, suggesting risk-off sentiment among holders.
Pump.fun (PUMP), Story (IP), and Pudgy Penguins (PENGU) experience intense selling pressure over the last 24 hours. PUMP and IP failed to cross the 50-day Exponential Moving Average (EMA), resulting in a pullback on Wednesday, while PENGU is testing its 50-day EMA.
Ripple (XRP) is trading downward but holding support at $2.22 at the time of writing on Wednesday, as fear spreads across the cryptocurrency market, reversing gains made from the start of the year.
Bitcoin (BTC) extends correction below the $93,000 mark at the time of writing on Wednesday, signaling a cooldown from the early-year rally that touched $94,789 on Monday. Altcoins, including Ethereum (ETH) and Ripple (XRP), are also facing headwinds amid uncertainty in market sentiment.
Zcash (ZEC) remains under selling pressure, extending its second bearish week and trading below $500 with over 2% decline at press time on Wednesday. The privacy coin experiences a consolidation in user demand as shielding pools consolidate.