Bitcoin trades around $70,000 as Bitcoin ETFs saw $90.2 million in net outflows on Thursday, while Ethereum ETFs reported $136.4 million in net outflows.
Cryptocurrency |
Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $70,467 |
| Ethereum | (CRYPTO: ETH) | $2,141.49 |
| Solana | (CRYPTO: SOL) | $89.39 |
| XRP | (CRYPTO: XRP) | $1.45 |
| Dogecoin | (CRYPTO: DOGE) | $0.09447 |
| Shiba Inu | (CRYPTO: SHIB) | $0.056036 |
Meme coin market capitalization dropped around 3% over the past 24 hours to $33.4 billion.
Trader Commentary: Crypto trader Jelle said Bitcoin is retesting the $70,000 level from below, making it a key decision point. A failure to reclaim it could allow bearish momentum to take control.
He added that significant liquidity remains below current prices, raising the likelihood of a downside sweep before any sustained move higher.
Ted Pillows noted Ethereum bounced from the $2,100 support zone, but the recovery lacks strong spot demand. With macro uncertainty rising and institutional flows still muted, he warned ETH could lose support and dip below $2,100 again.
Crypto chart analyst Ali Martinez sees XRP’s trendline acting as a key support level, potentially offering a buying opportunity if the price holds and rebounds.
Trader Tardigrade said Dogecoin is forming a large bullish pennant on the monthly chart. If confirmed, the pattern could drive a significant long-term move.
Image: Shutterstock
Recent Comments