Crypto Prices Today: Bitcoin Steadies Near $68,500, Ethereum Reclaims $2,000

Crypto Price Today: Bitcoin Holds Near $68,500, Ethereum Reclaims $2,000 as Global Market Cap Stands at $2.36 trillion
Crypto Prices Today: Bitcoin Steadies Near $68,500, Ethereum Reclaims $2,000
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The total cryptocurrency market capitalization stands at $2.36 trillion, marking a 0.86% increase over the last 24 hours. The broader market is trying to stabilize after recent volatility, with price action suggesting consolidation.

While short-term momentum remains mixed, derivatives data suggest that traders are adjusting their leverage cautiously, indicating controlled positioning.

Bitcoin (BTC): Holds Near $68,500

Bitcoin is currently trading around $68,538, up 0.40% over the past 24 hours. BTC briefly reclaimed $70,000 before easing to the current level, signaling that buyers remain active.

Immediate resistance is seen near $71,200, followed by a broader supply zone around $72,000-$73,500. On the downside, key support lies near $68,000, with a deeper demand zone around $67,800 if volatility increases.

Derivatives data show Bitcoin open interest at $43.36 billion, down 0.32%, suggesting traders are trimming exposure slightly. Funding rates stand at 0.0054%, reflecting a mildly bullish bias among futures traders.

Spot Bitcoin ETFs recorded approximately $15.20 million in net inflows, indicating steady institutional participation despite broader consolidation.

Ethereum (ETH): Reclaims $2,000

Ethereum is trading near $2,005, up 1.90% in the last 24 hours. ETH briefly reclaimed the psychological $2,000 level before easing slightly.

Immediate resistance stands at $2,120-$2,180, while a stronger supply zone remains near $2,250. On the downside, initial support is seen around $2,000, followed by a more critical base near $1,940 if selling pressure returns.

Ethereum derivatives open interest sits at $23.37 billion, down 0.14%, indicating consolidation rather than trend exhaustion or reversal. Funding rates have improved to 0.0040%, suggesting a shift back toward a neutral-to-bullish bias.

Spot Ethereum ETFs recorded roughly $10.26 million in net inflows, reflecting sustained institutional demand.

Altcoins:

XRP (Ripple’s Native Token

XRP is trading at $1.48, up 1.85% on the day. Immediate resistance is seen near $1.55-$1.62, while key support lies around $1.40-$1.32.

Cross-border payment narratives and continued institutional partnerships remain medium-term catalysts, though price action remains sensitive to broader market direction.

Toncoin (TON)

TON is trading at $1.43, down 1.04% in the last 24 hours. Immediate resistance is seen near $1.48-$1.55, while key support lies around $ 1.32-$ 1.38.

Growing ecosystem adoption and integration within messaging platforms continue to support long-term sentiment.

Polkadot (DOT)

DOT is trading at $1.37, up 1.78% on the day. Immediate resistance is seen near $1.42-$1.48, while key support lies around $1.30-$1.24.

Parachain activity and interoperability developments remain key drivers for medium-term positioning.

Near Protocol (NEAR)

NEAR is trading at $1.05, up 0.61% in the last 24 hours. Immediate resistance stands near $1.10-$1.18, while key support lies around $1.00-$0.95.

AI-related narratives and developer growth continue to influence speculative flows into the ecosystem.

Memecoins:

Pepe (PEPE)

PEPE is trading at $0.000004450, down 0.02% on the day. Immediate resistance is seen near $0.000004700-$0.000005000, while key support lies around $0.000004200-$0.000003900.

Short-term volatility remains elevated as retail participation fluctuates alongside broader market sentiment.

Floki (FLOKI)

FLOKI is trading at $0.00003214, up 1.20% in the last 24 hours. Immediate resistance is seen near $0.00003450-$0.00003680, while key support lies around $0.00003050-$0.00002880.

Ecosystem expansion initiatives and community-driven campaigns continue to shape speculative interest.

Market Outlook

The 0.86% increase in total crypto market capitalization to $2.36 trillion suggests stabilization amid ongoing selling pressure.

Bitcoin must maintain support above the $69,000-$70,000 region to preserve short-term bullish structure, while Ethereum needs to sustain momentum above $2,050 to support broader altcoin stability.

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