Cryptocurrency prices are broadly holding steady on Monday, with Bitcoin (BTC) trading above its short-term $77,000 support, Ethereum (ETH) above the $2,100 demand area and Ripple (XRP) hovering above $1.36.
Solana (SOL) is trading below its 50-day Exponential Moving Average (EMA) at $87.35 on Monday after moving nearly flat last week. The real-world assets (RWAs) ecosystem on Solana surpassed $2.50 billion in value, reflecting growing adoption in the traditional finance market.
Bitcoin (BTC) consolidates around $77,000 at the time of writing on Monday after declining more than 6% over the past two weeks. Market sentiment remains mixed as uncertainty over key issues in a potential US-Iran peace deal persists, reducing the chances of an imminent deal.
Pi Network (PI) is consolidating near $0.1500 at press time on Monday, lacking clear momentum as the broader cryptocurrency market anticipates a recovery amid hopes of a US-Iran peace deal.
Meme coins remain under pressure on Monday as Dogecoin (DOGE), Shiba Inu (SHIB) and Pepe (PEPE) struggle after losing over 6%, 2% and 2.5% in the previous week. DOGE and SHIB slip below their key support zone.
Hyperliquid (HYPE) is trading at an all-time high level at press time on Monday, driven by institutional and retail demand for the Decentralized Exchange (DEX). The revenue-linked HYPE token buyback supports the rally into a price discovery mode.
Cardano (ADA) remains bearish, trading below $0.250 on Monday after falling by more than 15% over the past two weeks. Weakening derivatives metrics, alongside a deteriorating technical outlook, suggest the correction could extend further.
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) remain under pressure after a correction of nearly 1%, 1.5% and 4%, respectively, in the previous week, marking the second consecutive week of losses.
Bitcoin (BTC) holds above $77,000 at press time on Monday, while mid-tier crypto tokens DeXe (DEXE), Stable (STABLE), and Humanity (H) post double-digit gains over the last 24 hours, likely driven by renewed hopes that the Strait of Hormuz will reopen.
Privacy-focused cryptocurrencies are outperforming the broader crypto market. With crypto traders’ trust in the government currently low, the privacy sector has seen a surge in investor interest that is likely to keep building.
The US Securities and Exchange Commission (SEC) has delayed plans to introduce an exemption that would allow crypto firms to trade tokenized equities, according to a Bloomberg report on Friday.
The Ethereum Foundation (EF) has come under pressure again following high-profile departures over the past few days, with researchers Carl Beek and Julian Ma announcing their exits on Monday.
Intercontinental Exchange (ICE), parent company of the NYSE, has partnered with OKX to roll out perpetual futures contracts for its Brent Crude and WTI Crude energy benchmarks.
Artificial Intelligence (AI) tokens Near Protocol (NEAR) and Grass (GRASS) are extending gains on Friday, building on improving sentiment in the sector. NEAR is up 18%, trading near the $2.40 resistance, while GRASS hovers around $0.45.
Cryptocurrencies broadly face headwinds on Friday, reflecting an overall reduction in investor risk appetite. Bitcoin (BTC) preserves $77,000 as a short-term support level but faces increasing pressure, limiting its recovery potential.
Bitcoin (BTC) remains under pressure so far this week, consolidating around $77,000 on Friday after being rejected from the overhead supply zone the previous week. The institutional sell-off continues, with spot BTC Exchange-Traded funds (ETFs) recording billions in outflows.
Celestia (TIA) edges above $0.4400 at press time on Thursday, extending recovery for the third consecutive day so far this week. A surge in retail demand and social buzz backs the sudden rebound in price, which lacks a clear fundamental driver.
Pi Network (PI) holds steady above $0.1500 at press time on Friday as Centralized Exchanges (CEXs) record minor outflows over the last 24 hours. The technical outlook for PI is mildly bullish, with waning downside pressure while price wavers below a key resistance level at $0.1550.
Zcash (ZEC) price extends its correction, trading below $656 after a massive surge earlier this week. Weakening derivatives and on-chain data, alongside bearish divergences in momentum indicators, suggest the current rally may be overheating and vulnerable to a near-term cooldown or reversal.
Hyperliquid (HYPE) edges lower at press time on Friday after a five-day rally, which hit a record high of $62.58 on Thursday. Retail sentiment shows signs of extreme bullishness, with HYPE futures Open Interest (OI) and Real World Assets (RWAs) trading at all-time highs.
Dogecoin (DOGE) extends its rebound, trading above $0.105 on Friday after finding support around key support zones earlier this week. On-chain data shows that certain whale wallets have accumulated DOGE tokens during the recent price correction.
Bitcoin (BTC) holds above $77,000 at press time on Friday as bearish sentiment wanes in the broader market. Near Protocol (NEAR) and Venice Token (VVV) have posted double-digit gains over the last 24 hours, emerging as top performers.
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) extend their recovery on Friday after recent corrective moves. BTC is trading above $77,700 after finding support around major levels, and ETH is near the key resistance zone, where a breakout could trigger further rebounds.
Tokenized money market funds are gaining traction as yield-generating alternatives to stablecoins, but remain a minor segment of the broader digital asset ecosystem, according to a report from JPMorgan.
Hyperliquid’s native token HYPE surged to a fresh all-time high above $62 on Thursday, driven by strong institutional inflows and sustained momentum in decentralized perpetual futures volume.
Ethereum (ETH) has continued to hold above $2,100 on Thursday, following reports that the US and Iran are nearing an agreement mediated by Pakistan. The deal allegedly includes a cease-fire on all fronts plus a joint monitoring mechanism in the Strait of Hormuz.
Cardano (ADA) edges lower below $0.2500 at the time of writing on Thursday. The smart contract token has maintained a persistent downtrend since the rejection near $0.2900 on May 10, reflecting broader risk-off sentiment in the crypto market.
Sui Network (SUI), a Layer-1 protocol, launched a new feature that supports gasless stablecoin transfers. The feature enables users and businesses to send supported stablecoins without paying gas fees or maintaining a separate SUI token balance.
The cryptocurrency market remains calm on Thursday, with prices broadly increasing. Bitcoin (BTC) hovers above $78,000, advancing from $76,000 support. Altcoins, including Ethereum (ETH) and Ripple (XRP), are gaining momentum, albeit gradually, with ETH trading at $2,136 and XRP at $1.38.
Near Protocol (NEAR) and Bittensor (TAO) extend gains on Thursday, likely driven by AI chip manufacturer NVIDIA's record-breaking $58.3 billion in profits last quarter. The technical outlook for NEAR and TAO is cautiously optimistic as their news-driven rally approaches crucial resistance levels.