Bitcoin (BTC) currently trading near this level, showing some downward pressure today.
Ethereum (ETH) also slightly lower on the day, with mixed momentum across the market.
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📉 Market Movement
Bitcoin and many cryptos slid during Asian trading hours after failing to break key resistance, dragging broader markets lower.
Despite the sell-off, altcoins are gaining attention as Bitcoin dominance drops — suggesting early altcoin season potential.
Metaplanet confirms ~$451M BTC buy plan, aiming to hold ~1% of all Bitcoin by 2027 — bullish institutional interest.
XRP saw strong gains this week, outperforming BTC and ETH returns before a pullback.
Total crypto ecosystem capitalization remains elevated, reflecting sustained investor interest.
💹 Price & Market Trends (Summary)
Bitcoin dipped below ~$93,000 with mild profit-taking and volatility, not yet holding above this level.
Ethereum around ~$3,200–$3,300, showing resilience with modest gains.
Altcoins: JASMY notably gained ~19–24% in the last 24 hours, while memecoins and some smaller tokens show mixed performance.
Fear & Greed index suggests cautious sentiment — neither extreme fear nor greed — signaling consolidation.
🧠 Market Drivers
📌 Institutional Activity — Large BTC allocations and ETF developments continue to shape sentiment and flows.
📌 Technical Levels — Bitcoin struggling to clear strong resistance (~$94.5K–$95K) before bulls can push higher.
📌 Regulatory & Macro Factors — Regulatory clarity and macro risk appetite still influence crypto volatility.
