Crypto Prices Today: Bitcoin Near $78,500, Ethereum Toward $2,350 Zone

Crypto Price Today: Bitcoin Near $78,500, Ethereum Towards $2,350 as Global Market Cap Stands at $2.65 trillion
Crypto Prices Today: Bitcoin Near $78,500, Ethereum Toward $2,350 Zone
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The total cryptocurrency market capitalization stands at $2.65 trillion, reflecting a 3.47% decline over the last 24 hours. The broader crypto market continues to consolidate as macro uncertainty, cautious institutional positioning, and reduced leverage activity limit upside momentum despite brief intraday rebounds.

Bitcoin (BTC): Stabilizes Near $75,500

Bitcoin is currently trading at $78,480, up 3.98% over the past 24 hours. BTC managed to defend the $76,000 region after a volatile session, but repeated failures to reclaim the $79,000-$80,000 range continue to cap recovery attempts.

Immediate resistance is seen near $79,200, followed by a stronger supply zone around $82,000. On the downside, key support lies at $75,500, with a deeper demand area near $72,000 if broader risk sentiment weakens.

Derivatives data show Bitcoin open interest at $51.98 billion, up 2.37%, indicating fresh positions are being added. Funding rates are almost neutral at 0.0001%, suggesting cautious trader positioning.

Spot Bitcoin ETFs recorded approximately $561.89 million in net outflows, signaling renewed institutional participation.

Ethereum (ETH): Trades Near $2,350

Ethereum is trading at $2,323, up 4.85% over the last 24 hours. ETH showed relative resilience compared to the previous session, reclaiming the $2,300 level after heavy selling pressure.

Immediate resistance stands near $2,520, followed by a broader supply zone around $2,700. Key support lies at $2,300, with a stronger base near $2,080 if volatility accelerates.

Ethereum derivatives open interest stands at $28.08 billion, up 4.28%, suggesting fresh leverage entering the market and increased trader participation.

Funding rates have turned negative at -0.0045%, indicating a short bias with reduced downside aggression.

Spot Ethereum ETFs saw around $2.86 million in net outflows, reflecting institutional caution.

Altcoins:

Chainlink (LINK)

LINK is trading at $9.73, up 5.74% over the last 24 hours. Immediate resistance is seen near $10.40-$10.90, while support lies around $9.20-$8.70.

Oracle demand and cross-chain infrastructure adoption remain key medium-term drivers.

Polygon (MATIC)

MATIC is trading at $0.1112, up 9.92% on the day. Immediate resistance is seen near $0.118-$0.125, while support lies around $0.105-$0.098.

Layer-2 scaling adoption and enterprise partnerships continue to influence sentiment.

Aptos (APT)

APT is trading at $1.27, up 3.86% over the last 24 hours. Immediate resistance is seen near $1.34-$1.42, while support lies around $1.20-$1.12.

Ecosystem expansion and developer activity remain critical for sustained momentum.

Cosmos (ATOM)

ATOM is trading at $1.97, up 4.11% on the day. Immediate resistance is seen near $2.05-$2.15, while support lies around $1.90-$1.80.

Interoperability upgrades and staking participation continue to support long-term interest.

Memecoins:

Bonk (BONK)

BONK is trading at $0.000007161, up 4.14% over the last 24 hours. Immediate resistance is seen near $0.00000760-$0.00000810, while support lies around $0.00000690-$0.00000640.

Solana ecosystem activity and speculative flows remain key drivers.

Floki (FLOKI)

FLOKI is trading at $0.00003556, up 6.34% on the day. Immediate resistance is seen near $0.00003780-$0.00004050, while support lies around $0.00003400-$0.00003180.

Retail sentiment and social engagement continue to dictate short-term price action.

Market Outlook

The 3.47% increase in total crypto market capitalization reflects a rebound from yesterday’s heavy selling.

Leverage has been gradually reduced, helping stabilize volatility, but conviction remains selective.

Bitcoin holding above $78,000 is critical for maintaining short-term structure, while Ethereum must sustain strength above the $2,350-$2,400 zone to reinforce improving sentiment across altcoins.

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