Today, June 13, 2025, Ethereum (ETH) is experiencing a minor correction, trading around $2,489 - $2,750, down roughly 5-10% in 24 hours. Its market cap is around $300-$339 billion USD. This follows the Pectra upgrade and recent strong institutional ETF inflows. While consolidation is evident due to profit-taking and broader market sentiment, significant whale accumulation and increasing social sentiment suggest continued underlying demand. ETH's bullish structure holds above key support levels, eyeing future breakouts. #BigTechStablecoins #MarketRedond #MarketPullback #BTC110ksoon $BTC $ETH $BNB
As of Friday, June 13, 2025, at 4:48 AM WAT, the Bitcoin (BTC) crypto market is experiencing a period of consolidation and minor pullback after reaching new all-time highs in May. Here's a breakdown of the current situation: Current Price and Market Overview: * Price Action: Bitcoin is generally trading in the low-$100,000s, having seen a slight decline in the last 24 hours. While exact figures vary across exchanges, it's been reported to be trading around $103,785 to $107,254. This marks a correction from its recent high of around $111,970 in late May and a weekly high of $110,653. * Market Capitalization: Bitcoin remains the dominant cryptocurrency, with its market cap hovering around $2.05 - $2.14 trillion USD. * Trading Volume: Daily trading volume has seen a slight dip, around $51-$65 billion USD, indicating a slight reduction in immediate market activity. Key Influencing Factors: * Profit-Taking: After a strong rally in May that saw BTC reach new highs, many investors are likely taking profits, leading to the current downward pressure. This is a natural market cycle after significant upward movements. * Geopolitical Tensions: Global geopolitical risks, particularly reports of escalating tensions in the Middle East, are contributing to a "risk-off" sentiment across global financial markets. This often causes investors to move away from more volatile assets like cryptocurrencies. * Macroeconomic Environment: The broader economic landscape, including inflation pressures and central bank policies, continues to play a role. While easing inflation and potential dovish shifts in Fed policy could be positive long-term drivers, short-term uncertainty can create volatility. * Institutional Inflows (ETFs): Despite the recent pullback, Bitcoin continues to see strong institutional interest. #BigTechStablecoins #BTC110ksoon #MarketRebound $BTC $ETH $BNB
Ethereum ($ETH) is currently trading around $2,811, experiencing a slight dip today after recent gains. Despite short-term fluctuations, ETH shows strong medium-term development within a rising trend channel. Technical indicators suggest bullish momentum, with resistance levels broken, indicating potential for further upside. However, negative RSI divergence warns of a possible short-term reaction downwards.
Today, June 11, 2025, Bitcoin (BTC) is largely stable around $109,000, with slight fluctuations. While showing minor daily changes, BTC remains in a strong short-term bullish trend, approaching resistance at $111,600. Analysts eye potential for $200,000+ by year-end due to institutional demand. #BTC110KSoon? #MarketRebound #BigTeachStableCoin $BNB $BTC $ETH