Bitcoin trades around $77,000 as rising Middle East tensions weigh on sentiment.
Bitcoin ETFs saw $105.2 million in net outflows on Friday, while Ethereum ETFs reported $6.7 million in net outflows.
Cryptocurrency |
Ticker |
Price |
| Bitcoin | (CRYPTO: BTC) | $77,450 |
| Ethereum | (CRYPTO: ETH) | $2,129 |
| Solana | (CRYPTO: SOL) | $85.18 |
| XRP | (CRYPTO: XRP) | $1.35 |
| Dogecoin | (CRYPTO: DOGE) | $0.1020 |
| Shiba Inu | (CRYPTO: SHIB) | $0.055594 |
Meme coin market capitalization is trading 0.7% lower to $34.4 billion over the past 24 hours.
Trader Commentary:
Crypto chart analyst Ali Martinez said Bitcoin network activity has cooled sharply, with active addresses falling nearly 40% over the past two weeks.
The slowdown during consolidation suggests speculative traders are stepping aside, reducing weak-hand activity while supply increasingly shifts toward long-term conviction holders.
Ted Pillows warned Ethereum has dropped back below the key $2,100 level as spot demand weakens and whale selling pressure continues building.
The analyst said ETH is now showing relative weakness against Bitcoin, raising the risk of a fresh local low if momentum fails to recover quickly.
For XRP, Martinez said the token continues trading inside its parallel channel structure, with the mid-range near $0.73 emerging as a potential accumulation area if support holds.
Traders are closely monitoring the level for signs buyers could step back in during the broader market consolidation.
Image: Shutterstock
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