Bitcoin and Ether are heading into the weekend stuck in their tightest ranges in weeks. $BTC BTC has traded between $76,100 and $78,000 for four straight days, while speculative money rotates through select altcoins looking for momentum. Derivatives markets reflect a calm but cautious tone as volatility continues to compress.
AI tokens take the lead
With Bitcoin offering little follow-through, traders piled into AI-related tokens on Friday. NEAR jumped 28.5% in 24 hours and FET rose 11.4%, reinforcing the AI-rotation narrative as the broader AI theme keeps attracting capital across both traditional and crypto markets.
Derivatives confirm NEAR strength
NEAR’s futures market supported the move rather than signaling overheating:
Open interest surged to a record 282.53M tokens alongside the rally.
The OI-adjusted 24h cumulative volume delta (CVD) flipped positive, pointing to aggressive market buying rather than passive accumulation.
Funding rates stayed only mildly positive, suggesting leverage remained healthy and not overly crowded.
TRX and LINK showed a similar constructive derivatives setup, with rising OI, positive CVD, and positive funding.
Privacy coins reverse as rotation accelerates
On the other side of the trade, privacy coins sold off hard. DASH, ZEC, and XMR gave back a large portion of their early-week gains. ZEC, which had rallied more than 70% earlier in the week, reversed sharply—another sign that sector rotation is moving fast.
#BTCSurpasses79K
#CryptoNews
#SpaceXS1FilingRevealsBTC
AI tokens take the lead
With Bitcoin offering little follow-through, traders piled into AI-related tokens on Friday. NEAR jumped 28.5% in 24 hours and FET rose 11.4%, reinforcing the AI-rotation narrative as the broader AI theme keeps attracting capital across both traditional and crypto markets.
Derivatives confirm NEAR strength
NEAR’s futures market supported the move rather than signaling overheating:
Open interest surged to a record 282.53M tokens alongside the rally.
The OI-adjusted 24h cumulative volume delta (CVD) flipped positive, pointing to aggressive market buying rather than passive accumulation.
Funding rates stayed only mildly positive, suggesting leverage remained healthy and not overly crowded.
TRX and LINK showed a similar constructive derivatives setup, with rising OI, positive CVD, and positive funding.
Privacy coins reverse as rotation accelerates
On the other side of the trade, privacy coins sold off hard. DASH, ZEC, and XMR gave back a large portion of their early-week gains. ZEC, which had rallied more than 70% earlier in the week, reversed sharply—another sign that sector rotation is moving fast.
#BTCSurpasses79K
#CryptoNews
#SpaceXS1FilingRevealsBTC
