While most traders were expecting a strong push on Monday’s opening, Bitcoin price has pulled back from the $95K range today, as seen multiple times in the past 7 days. With this lukewarm market response, major altcoins have traded sideways throughout the day with ETH, XRP and SOL hovering near key resistance levels.
The weekly stock market opening in the U.S. usually brings increased volatility into the crypto markets with this time, it caused Bitcoin to fall sharply below $94K and further visited higher low near $93,500 before gaining back to the $95K range.
At the time of writing, Bitcoin is trading near $95,232 with a 24 hour trading volume of $29.02 billion. BTC dipped as low as $93,548 while marking a daily high of $95,520 and now attempting to break above the $95K in a potential rally .
ETH, which is coming back into action with a full swing, has managed to trade above $1,800 with it seeing a notable gain of nearly 12% in the past 7 days. XRP was expected to witness sharp spikes ahead of the scheduled launch of ProShares’ future XRP ETF, but it has declined 1.68%, accompanied by ADA and DOGE with similar moves.
SOL on the other hand, had a stiff decline of 2.41% from the resistance mark of $150 and it is now trading near $148.77 – as of latest market data.
On the top gaining list, LAYER is leading with its price spiking over 15%, followed by VIRTUAL token’s 14% jump. Other low-cap altcoins like THETA, KAIA, BCH and FLR have surged nearly 6% in the past 24 hours.
Meanwhile, DeepBook’s DEEP token has seen a decline of 17%, which had pumped 42% yesterday. Other top losers include WAL and TRUMP, both down 10% in the past 24 hours.
