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Bitcoin (BTC) Holds Firm Above $101K, Ethereum (ETH) Under Pressure
Bitcoin (BTC):
Bitcoin surged 1% in the last 24 hours, reaching $101,725. The day's low was $100,103, while the high touched $109,114. Analysts highlight BTC's potential to test $120K and $130K in the coming months, though market uncertainties tied to U.S. policy shifts under the Trump administration remain a concern.
Ethereum (ETH):
ETH is trading at $3,257, down by 0.3% in the last 24 hours. The intraday range spanned from $3,202 to $3,444. Analysts foresee long-term bullish momentum, with predictions of ETH climbing to $7,000, bolstered by increased interest from institutional investors.
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XRP Maintains Strength Above $3, While Solana (SOL) Declines
XRP:
XRP gained 0.4% to reach $3.11. Its daily low was $3.05, and the high hit $3.35. Prominent analyst Ali Martinez suggests XRP has completed a bullish flag formation, paving the way for a potential rise to $4.40.
Solana (SOL):
SOL dropped 1% in the last 24 hours, trading at $238. The day's low was $232.40, with a high of $272.15. Analyst 'Ash Crypto' notes investor withdrawal challenges, which could impact Solana's demand in the market.
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Meme Coins Slide While Bitcoin Struggles
Dogecoin (DOGE): Fell by 4%, trading at $0.3475. Investor confidence has been shaken due to Elon Musk's legal battles related to DOGE.
TRUMP Token: Dropped 21% to $35.19, reflecting reduced investor interest during the presidency transition.
SHIB and PEPE: Both slipped by 2.5%, as the meme coin market struggles to adapt to new trends.
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Top Gainers:
1. Raydium (RAY): $7.60 (+28%)
2. Aave (AAVE): $345 (+12%)
3. ai16z (AI16Z): $0.8779 (+10%)
4. Mantle (MNT): $1.04 (+9%)
Top Losers:
1. Fartcoin (FARTCOIN): $1.72 (-13%)
2. Movement (MOVE): $0.6983 (-6%)
3. Bittensor (TAO): $397 (-5%)
4. MANTRA (OM): $3.50 (-5%)
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