CRYPTO MARKET
Happy Friday,
The crypto market has shown a mixed outlook this week, with Bitcoin experiencing some volatility after its failure to push above the $95,000-$98,000 range.
While Bitcoin has yet to flip the $95,000 zone into solid support, it is still trading well above the $85,000 mark. That said, things still look good for a push towards $100,000.
On the other hand, the altcoin market shows a mixed picture.
Ethereum has seen gains but is still trading below the $1,850 resistance with a current price of $1,830.
XRP has shown some upward movement and is trading at approximately $2.29. Solana, after trading strongly for a while, is trading at around $149, while Cardano is trading at $0.71.
The ongoing market fluctuation comes amid the continued discussions around possible rate cuts amid weak economic data during the week.
