Bitcoin is holding stable around $88,000 as institutional demand continues to prefer metals over cryptocurrencies.
| Cryptocurrency | Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $88,237.22 |
| Ethereum | (CRYPTO: ETH) | $2,929.87 |
| Solana | (CRYPTO: SOL) | $124.53 |
| XRP | (CRYPTO: XRP) | $1.91 |
| Dogecoin | (CRYPTO: DOGE) | $0.1226 |
| Shiba Inu | (CRYPTO: SHIB) | $0.057755 |
Notable Statistics:
- Coinglass data shows 129,968 traders were liquidated in the past 24 hours for $569.98 million.
- In the past 24 hours, top gainers include, Pump.fun, River and Hyperliquid.
Notable Developments:
- Binance Founder Changpeng Zhao Maintains Bullish 2026 Call: Bitcoin Cycle ‘Will Probably Break’
- Strategy Buys 2,932 Bitcoin For $264M, But MSTR Stock Tests Critical $160 Support
- Gold Smashes $5,000, But Here’s Why Bitcoin Below $90,000 Is The Real Steal
- XRP Loses 80% Against Silver In 6 Months: Why Metals Are Crushing Altcoins
- Why The Endless Bitcoin, Ethereum Sideways Trend May Be A Good Sign
- Exclusive: Michael Saylor Pioneered Crypto Treasury Firms, But This Ethereum-Centric Company CEO Says Their Model Unlocks More Potential: Here’s Why
Trader Notes: Cold Blooded Shiller noted that Bitcoin’s recent attempt at a range breakout has failed, putting the broader range under its most serious pressure in nearly two years.
Despite this, price remains in consolidation, and historically, similar setups have often preceded a major directional move.
Byzantine General echoed that view, adding that after the failed breakout, Bitcoin now needs a strong push to regain momentum.
This is the first time in almost two years that the range has faced this level of stress, yet price is still holding within it, a structure that typically resolves with a significant move.
IntoTheCryptoverse founder Benjamin Cowen pointed out that in a midterm year, Bitcoin’s bull market support band has effectively flipped into a bear market resistance band, at least until price can convincingly reclaim it.
Image: Shutterstock
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