continues its sideways movement, hovering around $61,400, as market sentiment remains cautiously bullish. Despite recent volatility, traders are watching for a breakout above the $63K resistance level, which could signal a return to bullish momentum.
Ethereum (ETH) trades near $3,120, showing relative stability as the community awaits the next major upgrade to reduce gas fees further. ETH/BTC continues to trend lower, indicating BTC dominance is rising again.
Altcoin Highlights:
Solana (SOL) has surged by over 8% in the past 24 hours, reaching $158, driven by renewed interest in DeFi projects on its network.
Pepe (PEPE) and Floki (FLOKI) are among the top gainers in the meme coin space, with double-digit percentage increases amid renewed retail speculation.
Toncoin (TON) shows strong momentum, breaking above $6.50, supported by Telegram integration news.
Market Sentiment: The Fear & Greed Index stands at 61 (Greed), suggesting investors are optimistic but not euphoric. Trading volumes have picked up slightly after a quiet start to the month.
Upcoming Events to Watch:
U.S. Jobs Data expected later today could influence BTC volatility.
Binance Launchpad's new token offering may spark activity in smaller-cap coins.