Crypto Prices Today: Bitcoin Near $91,500, Ethereum Pulls Back Toward $3,100
The total cryptocurrency market capitalization stands at $3.11 trillion, reflecting a 0.86% decline over the last 24 hours. The broader market has entered a mild corrective phase after a short recovery attempt, with profit-taking visible across majors and renewed caution among traders.
Trading volumes have cooled slightly compared to the previous session, indicating reduced risk appetite rather than panic selling. Volatility remains contained, suggesting that the market is digesting recent moves while waiting for clearer macro and liquidity cues.
Bitcoin (BTC): Trades Near $91,500
Bitcoin is currently trading at $91,469, down 0.61% over the past 24 hours. BTC is slipping towards the $91,000 level, which had acted as short-term support earlier this week.
Immediate resistance is now seen near $90,800, followed by a stronger zone around $93,000. On the downside, support is located near $88,000, with a deeper demand area around $85,500 if selling pressure accelerates.
Derivatives data show open interest at $59.74 billion, down 3%, while funding rates are at 0.0089%, reflecting a reduction in bullish leverage. Bitcoin Spot ETFs recorded $116.67 million in net inflows.
Ethereum (ETH): Retreats Toward $3,100
Ethereum is trading at $3,124, down 1.01% over the last 24 hours. ETH has failed to sustain momentum above recent highs and is now drifting back toward the $3,100 level.
Immediate resistance is located near $3,180, followed by a stronger supply zone around $3,360. On the downside, key support is seen near $2,950, with a breakdown potentially exposing $2,820.
Ethereum derivatives open interest stands at $39.20 billion, down 2.07%, while funding rates have eased to 0.0057%, indicating neutral sentiment. Ethereum Spot ETFs saw $5.04 million in net outflows.
Altcoins:
Avalanche (AVAX)
AVAX is trading at $13.68, and the asset is down 2.3% over the last 24 hours. Immediate resistance is seen near $14.10-$14.60, while support lies around $12.90-$12.50.
Subnet adoption and gaming-related deployments remain longer-term positives.
Arbitrum (ARB)
ARB is trading at $0.2035, down 2.9% on the day. Immediate resistance is seen near $0.215-$0.225, while support lies around $0.195-$0.185.
Layer-2 activity and DeFi liquidity trends continue to drive sentiment.
Near Protocol (NEAR)
NEAR is trading at $1.71, down 2.23% over the last 24 hours. Immediate resistance is seen near $1.85-$1.95, while support lies around $1.60-$1.50.
AI-focused narratives and ecosystem upgrades remain key medium-term drivers.
Binance Coin (BNB)
BNB is trading at $908.68, up 0.11% on the day. Immediate resistance is seen near $925-$950, while support lies around $890-$870.
Exchange-related activity, ecosystem utility, and token burn mechanics continue to influence medium-term price action.
Memecoins:
Dogwifhat (WIF)
WIF is trading at $0.3719, down 3.96% over the last 24 hours. Immediate resistance is seen near $0.395-$0.415, while support lies around $0.350-$0.330.
Speculative momentum and Solana ecosystem flows remain key catalysts.
Pepe (PEPE)
PEPE is trading at $0.000005806, down 3.04% on the day. Immediate resistance is seen near $0.00000610-$0.00000640, while support lies around $0.00000550-$0.00000520.
Retail sentiment and short-term liquidity conditions continue to dominate price action.
Market Outlook
The 0.86% decline in total crypto market capitalization points to consolidation rather than structural weakness.
Bitcoin trading below $92,000 and Ethereum pulling back toward $3,100 suggest a cautious environment, with traders prioritizing capital preservation.
A renewed bullish continuation would likely require BTC to reclaim and hold above $90,800-$93,000, while ETH would need a decisive move back above $3,180.