Bitcoin is trading marginally higher on Monday as cryptocurrencies digest last week’s gains.

Cryptocurrency Ticker Price
Bitcoin (CRYPTO: BTC) $78,892
Ethereum (CRYPTO: ETH) $2,473
Solana (CRYPTO: SOL) $95.30
XRP (CRYPTO: XRP) $1.48
Dogecoin (CRYPTO: DOGE) $0.08883
Shiba Inu (CRYPTO: SHIB) $0.055389

Notable Statistics:

  • Coinglass data shows 90,337 traders were liquidated in the past 24 hours for $420.39 million.       
  • SoSoValue data shows net inflows of $307.5 million from spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net inflows of $184.9 million.
  • In the past 24 hours, top gainers include Injective, POL and Pudgy Penguins.

Notable Developments:

Trader Notes:

Michael van de Poppe said “hyped” bullish sentiment could trigger a brief market sweep, flushing out leveraged long positions.

Crypto chart analyst Ali Martinez said Bitcoin’s reclaim of the 1,130-day SMA above $74,000 is a bullish signal, noting the level has historically marked the end of bear markets.

If the pattern repeats, Martinez believes Bitcoin’s bottom may already be in.

Daan Crypto Trades said Bitcoin is still outperforming most top 50 altcoins, with rising BTC dominance signaling a healthy Bitcoin-led breakout.

He added that widespread rallies in riskier altcoins typically emerge closer to a local market top.

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