$BTC Bitcoin (BTC):
Bitcoin is currently trading around $115,000, showing a minor decline over the past 24 hours. Market sentiment is cautious due to macroeconomic uncertainty, options expiry, and whale activity. Support lies near $114,700, while resistance is at $121,000.
$ETH Ethereum (ETH):
Ethereum is trading between $3,700 and $3,800, reflecting a ~4% drop in the last 24 hours. Ethereum’s dominance in the market is around 7%, significantly lower than early 2024 levels. Capital flow is still tilted in favor of Bitcoin, but ETH remains the leading altcoin.
Altcoins like Solana, $XRP XRP, and meme coins are also under pressure, with many posting 5–7% daily losses. Analysts suggest a potential altcoin rally could follow if BTC dominance begins to fall. For now, investors are rotating funds back into BTC amid uncertainty.
Bitcoin Dominance:
BTC dominance is currently around 61.9%, which means nearly two-thirds of the crypto market capitalization belongs to Bitcoin. This indicates a risk-off environment where traders are reducing exposure to altcoins and favoring BTC’s perceived stability.
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