The cryptocurrency market has crashed over 8.85% overnight with a trading volume of $187.56 billion. With this, the crypto-verse is now valued at $2.86 Trillion. Reportedly, the cryptocurrency market has wiped out over $260 billion in 36 hours, making it the worst-performing period of the year.
Considering the present market trends, whale investors and institutions have entered a FOMO-like situation and are micro-monitoring the price action of these tokens. Are you one of many who are planning on investing in these tokens but are concerned about their short-term prediction? Read our article now!
Bitcoin (BTC)
Bitcoin price today has lost 8.23% in 24 hours with a trading volume of $88.621 billion. Notably, it has dropped by 7.39% in seven days and has crashed 17.28% this month. Notably, with a market cap of $1.725 Trillion, it has a market dominance of 60.3188%.
The Simple Moving Average (SMA) displays a bearish curve in the daily time frame. This indicates an increase in the negative price action for the Bitcoin price in the market. Moreover, the MACD indicator records a rising red histogram, suggesting a bearish sentiment this week.
If the bulls regain momentum, the price of Bitcoin could prepare to head toward its upper high of $95,000 this week. On the contrary, a bearish reversal could result in it plunging toward its crucial low of $85,000 in the upcoming time.
Planning on investing in BTC tokens but are concerned with questions like, “How low will Bitcoin go?” Read our latest Bitcoin Price Prediction today to uncover the long-term mysteries!
Ethereum (ETH)
The price of Ethereum has crashed by ~9.50% in 24 hours with a trading volume of $42.797 billion, a change of +68.73%. Moreover, this altcoin has lost 8.08% over the past week and 27.67% in 30 days. With a market cap of $291.316 billion, it has a dominance of 10.1745%.
The EMA 50/200-day records a Death Cross in the Ethereum price chart. On the other hand, the RSI indicator drops toward its oversold in the daily time frame. This suggests rising uncertainty for the largest altcoin this week.
If the market favors the bulls, the price of ETH token could retest its upper resistance level of $2,870 in the upcoming time. However, a sustained bearish action could pull the price of this altcoin toward its low of $2,175 this month.
Are you wondering whether the ETH price will achieve a new high during the altcoin season this year? Read CoinPedia’s latest Ethereum Price Prediction today to unfold riddles!
Ripple (XRP)
The price of XRP has plunged ~11% in 24 hours with a trading volume of $14.015 billion, a change of +192.13%. Furthermore, it has dropped 12.93% over the last seven days, highlighting an increase in the selling-over-buying pressure for the altcoin in the market.
The Moving Average Convergence Divergence (MACD) records a rising red histogram. Moreover, the SMA indicator shows a negative curve in the Ripple price chart, indicating a bearish outlook for the 04th largest crypto token in the market.
Suppose, a bullish trend reversal occurs, in that case, the XRP price could retest its upper high of $3.00. On the flip side, if the bears maintain dominance, this could pull the price toward its important support level of $2.00 this month.
Curious to understand the possibilities of this altcoin achieving a new ATH this 2025? Read the latest XRP Price Prediction today!
FAQs
Amid the rising tariff war, the global crypto market has experienced a major setback over the past 24 hours.
By evaluating the market sentiments, the price of Bitcoin may retest its crucial support of $85,000.
Due to increased selling pressure and rising uncertainty in the crypto space, the largest altcoin has experienced a nose-dip in valuation overnight.
The price of Ripple token has plunged by over 10% in 24 hours, highlighting increased selling pressure.
