๐๐ซ๐ฒ๐ฉ๐ญ๐จ ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ก๐ข๐ฌ ๐๐๐๐ค: ๐๐ก๐๐ญโ๐ฌ ๐๐ฉ ๐๐ข๐ญ๐ก ๐๐๐, ๐๐๐, ๐๐๐โ
The cryptocurrency market experienced a week of consolidation as major assets showed mixed performances.
Bitcoin (BTC) remained range-bound around $85,000, with low volatility signaling a potential breakout. On-chain data suggests whale accumulation, hinting at long-term bullish sentiment despite macroeconomic uncertainties. Key resistance and support levels are at $90,000 and $80,000, respectively.
Ethereum (ETH) hovered near $1,600, showing signs of recovery backed by U.S. investor interest. A positive Coinbase Premium Gap and a break from the bearish channel have sparked hopes of a move toward $2,000, supported by Ethereumโs strong DeFi and stablecoin fundamentals.
XRP outperformed with a rise to $2.08, driven by optimism around real-world asset tokenization. Backed by a Ripple-BCG report, XRPโs positioning in cross-border payments has fueled bullish sentiment. Technical indicators suggest potential short-term gains, with some analysts eyeing ambitious long-term targets.
Overall, the market is in a holding pattern, with investors awaiting catalysts to break the consolidation phase.
#CryptoConsolidation #TokenizationTrend #TRXETF #FederalReserveIndependence