Bitcoin’s late-day breakout pushes it past $109K, then steadies above $108K with cooling volume.
XRP trades within a narrow $2.17–$2.22 band as momentum cools; Dogecoin finds support near $0.164 after an early sell-off.
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The cryptocurrency market showed signs of synchronized momentum, with Bitcoin (BTC), Ripple’s XRP, and Dogecoin (DOGE) all experiencing coordinated movements over the past 12 to 24 hours. Each asset followed distinct intraday price actions but trended upward during key moments. BAY Miner Cloud Mining continued to attract attention with its advertised promise of high daily returns for crypto investors.
Bitcoin Holds Above $108,000 After Brief Surge Near $109,500
Bitcoin remained stable around the 107,000 mark through the early part of the trading session. A surge in trading volume shortly after 6 PM triggered a sharp breakout. The price moved quickly, reaching a high near 109,500 by around 9 PM.
This breakout marked the most significant price action of the period. Bitcoin did not sustain its peak; it held much of the gain. After the late-evening high, Bitcoin entered a consolidation phase. It recorded slightly lower highs while maintaining a position well above the earlier flat levels. The price dropped briefly to around 108,000 just after 3 AM but recovered into a narrow 108,000–108,500 band. Trading volume decreased during this range, and the moving-average deviation settled near neutral, suggesting reduced volatility heading into the next session.
XRP Maintains Range Despite Slight Decline; Momentum Still in Check
XRP moved within a tight range over the past 24 hours, beginning the session near $2.1853 and ending around $2.1753. The 0.87% drop reflects a mild pullback rather than a complete reversal. Price action between 5 PM and 7 PM saw an increase in trading activity that lifted XRP to just below $2.22, its highest point in the session.
That surge did not last long, and as of today, XRP erased most of the advance in a short period. It gradually sank to the $2.17 trader level and eventually reached the support as the time approached 3 AM. A slight recovery left the price at around $2.18, but near $2.22, resistance was met. On the technical indicators, there were slight levels on the 12-period moving-average deviation. This is an indication that the existing purchasing impulse is poor and the market players are likely awaiting a firm grip before they invest in a new direction, trend-wise.
Dogecoin Drops along with Initial Sell-Off, Finding Footing at $0.164
Dogecoin opened in the session at approximately 0.1697, and it moved in a flat state. The price fell off at around 3 am and fell to the range of 0.165. This decrease came along with the surge of red volume bars, which indicates a rise in the sell-side pressure.
DOGE saw a brief bounce back to around $0.166 but did not hold that level. The price slipped again, stabilizing near $0.1642 by 8 AM. This represents a 3–4% loss for the session. Volume remained steady at nearly 2.1 million, while the 12-period moving average showed little deviation. These patterns indicate that while downward pressure emerged briefly, the market may be in a wait-and-see mode with reduced momentum.
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Although investors have become watchdogs due to the swings in investment prices, there is BAY Miner, which aims to provide stability against the overall turbulence. With primary tokens, such as Bitcoin, XRP, and Dogecoin, trying to set new trends, cloud mining keeps offering itself as an alternative crypto involvement.
