Bitcoin trades $71,000 as broader markets weakened amid geopolitical uncertainty.
Bitcoin ETFs saw $124.6 million in net outflows on Wednesday, while Ethereum ETFs reported $18.6 million in net outflows.
Cryptocurrency | Ticker | Price |
| Bitcoin | (CRYPTO: BTC) | $71,182 |
| Ethereum | (CRYPTO: ETH) | $2,193.44 |
| Solana | (CRYPTO: SOL) | $82.59 |
| XRP | (CRYPTO: XRP) | $1.33 |
| Dogecoin | (CRYPTO: DOGE) | $0.09181 |
| Shiba Inu | (CRYPTO: SHIB) | $0.055874 |
Meme coin market capitalization fell 3.5% to $33.8 billion over the past 24 hours.
Trader Commentary:
Trader Titan of Crypto said Bitcoin is nearing a key inflection point, with a weekly MACD bullish crossover aligning with a potential structural breakout. However, the setup still carries risk of a rejection or false breakout before any sustained upside move.
Crypto Tony noted that Ethereum is holding a critical short-term level around $2,169. Maintaining this support could allow for a relief rally, while a breakdown may weaken the near-term outlook.
On Solana, analyst DonWedge said the asset is retesting a former resistance level as support, a classic bullish continuation pattern if it holds.
Dogecoin is consolidating, according to Trader Tardigrade, with selling pressure easing but no strong buying momentum yet. The relative strength index (RSI) remains a key indicator to watch for the next directional move.
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