Bitcoin Holds $76,000, Ethereum, XRP, Dogecoin Gain 1%

Bitcoin is holding above $75,000 as crypto markets hope for a positive resolution of U.S.-Iran talks on Tuesday.

Notable Statistics:

• Coinglass data shows 138,626 traders were liquidated in the past 24 hours for $390.5 million.       
• SoSoValue data shows net inflows of $663.9 million from spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net inflows of $127.5 million.
• In the past 24 hours, top gainers include Chiliz, edgeX and MemeCore.

Notable Developments:

• Strategy Buys 34,164 Bitcoin For $2.54 Billion: Will MSTR Rally?
• Forget What You Think You Know About Bitcoin—Strategy’s STRC Changed Everything, Bitwise Exec Says
• Bitmine Buys 101,627 ETH As BMNR Tests Breakout Near $23
• Polymarket In Negotiations To Raise New Money At $15 Billion Valuation: Report
• Bitcoin Tested $78,000 Resistance On $996M ETF Week: Breakout Coming This Week?
• Ripple Gets Quantum-Ready With Multi-Phase XRP Ledger Update Plan

Trader Notes:

Daan Crypto Trades said Bitcoin remains on track to post a double-digit gain this month, following a modestly positive performance in the previous month. He noted that this resilience comes despite ongoing global uncertainties and the sharp correction earlier in the year, suggesting underlying strength in the current structure.

Trader Rekt Capital highlighted that Bitcoin has closed above the approximate $73,000 neckline of a double-bottom pattern, signaling an early-stage breakout.

However, price remains below the 21-week exponential moving average (EMA), which continues to act as resistance. He said a retest of the neckline is likely, with the EMA potentially pushing price lower before a confirmed breakout.

Crypto Tony, meanwhile, pointed to $76,300 as a near-term downside target, indicating that short-term volatility could still test lower levels before any sustained move higher.

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