Market Updates

Bitcoin faces resistance at key levels while Dogecoin launches its first ETF. Ethereum and XRP show gains, and we highlight the top gainers and losers in the top 100.

Bitcoin rallied over the weekend after a steep drop, but a CME gap suggests a potential short-term dip. Altcoins also posted gains.

Bitcoin’s price shows a modest recovery, up several percent from its 24-hour low, but analysts caution that the bottom may not yet be in. The RSI indicates oversold conditions, and the market awaits a decisive move.

The cryptocurrency market is experiencing a severe downturn, with the total market cap dropping 7% and over $2 billion in long positions liquidated. While institutional selling continues, some analysts see hope in potential Federal Reserve rate cuts and global stimulus.