$BTC Bitcoin remains stable, while Ethereum and Solana decline; check the performance of the largest cryptocurrencies, bitcoin (BTC) remains stable around US$ 103 thousand this Saturday (21). The largest cryptocurrency in the market drops 0.14% in the last 24 hours and accumulates a decline of 0.96% for the week.
Other cryptoassets, however, decline at a greater pace, mainly driven by Ethereum ($ETH ), which falls 2.65% on the day and 3.13% for the week.
Solana ($SOL ), in turn, drops 1.38%, trading at US$ 140; XRP (XRP) is also operating in the red with a loss of 0.52% in the same period.
The latest signals from U.S. authorities indicate caution and, for now, distance a direct military escalation, which alleviates some of the pressure on risk assets such as cryptocurrencies.
Glassnode, a blockchain analysis company, pointed out that the stability in daily transaction volumes reinforces a more institutional profile for the market.
On the other hand, CryptoQuant warns that the demand for bitcoin is still fragile: ETF flows remain in decline and the participation of so-called 'whales' has also decreased, which may open the door for profit-taking in the short term.
See the performance of the ten largest cryptocurrencies in the world today:
#ScalpingStrategy #MarketPullback #SwingTradingStrategy #XSuperApp #MyTradingStyle