Morning check on the majors: red across the board, except for one.
$BTC sits near $79.9K, -1.2% on the day after losing $81.8K overnight. It's -2.8% on the week.
$ETH is the weakest of the group at $2,312 (-1.7% today, -4.9% this week). It's holding just above the $2,293 daily low.
SOL is clinging to the $100 level (-1.9%). A clean break below $99 would put the weekly low back in play.
XRP is down 2.6% to $1.29, giving back most of its mid-week bounce.
$BNB is the outlier: +0.9% today and the only major that's green on the week (+1.9%).
Volume tells a similar story. BTC traded ~$1.15B on spot in 24h, more than ETH, SOL, BNB and XRP combined.
What I'm watching today: whether BTC can reclaim $81K. Until it does, alts tend to bleed faster than BTC, as this week's chart shows.
How are you positioned: buying the dip, or waiting for confirmation?
Not financial advice. Always manage your risk.
#Bitcoin #CryptoMarket #MarketUpdate
$BTC sits near $79.9K, -1.2% on the day after losing $81.8K overnight. It's -2.8% on the week.
$ETH is the weakest of the group at $2,312 (-1.7% today, -4.9% this week). It's holding just above the $2,293 daily low.
SOL is clinging to the $100 level (-1.9%). A clean break below $99 would put the weekly low back in play.
XRP is down 2.6% to $1.29, giving back most of its mid-week bounce.
$BNB is the outlier: +0.9% today and the only major that's green on the week (+1.9%).
Volume tells a similar story. BTC traded ~$1.15B on spot in 24h, more than ETH, SOL, BNB and XRP combined.
What I'm watching today: whether BTC can reclaim $81K. Until it does, alts tend to bleed faster than BTC, as this week's chart shows.
How are you positioned: buying the dip, or waiting for confirmation?
Not financial advice. Always manage your risk.
#Bitcoin #CryptoMarket #MarketUpdate
