The total cryptocurrency market capitalization stands at $3.11 trillion, reflecting a 0.31% decline over the last 24 hours. The broader market has entered a mild consolidation phase after recent gains, with profit-taking visible across majors and selective weakness in risk-sensitive assets.
Trading volumes have softened compared to earlier sessions, pointing to reduced speculative activity and a more cautious stance from traders. Volatility remains contained, suggesting markets are digesting recent price action rather than entering a sharp downturn.
Bitcoin is currently trading at $90,916, down 0.14% over the past 24 hours. BTC has slipped below the $91,000 level, which has now turned into short-term resistance after failing to hold recent highs.
Immediate resistance is seen near $92,900, followed by a stronger hurdle around $95,000. On the downside, support is located near $90,200, with a deeper support zone around $88,500 if selling pressure accelerates.
Derivatives data show open interest at $61.71 billion, down 0.09%, while funding rates are at 0.0049%, indicating reduced bullish leverage and more defensive positioning. Also, Bitcoin Spot ETFs saw $398.95 million in outflows yesterday.
Ethereum is trading at $3,114, down 1.19% over the last 24 hours. ETH continues to consolidate after failing to sustain momentum above the $3,200 level, signaling short-term indecision.
Immediate resistance is located near $3,260, followed by a stronger supply zone around $3,420. On the downside, support is seen near $3,100, with a broader base forming around $2,980.
Ethereum derivatives open interest stands at $40.17 billion, down by 1.62%, while funding rates hover at 0.0072%, reflecting neutral-to-slightly bearish sentiment. Also, Ethereum Spot ETFs witnessed $159.17 million in outflows yesterday.
AVAX is trading at $13.91, down 1.17% over the last 24 hours. Immediate resistance is seen near $14.80-$15.60, while support lies around $13.20-$12.80.
Subnet development and enterprise-focused use cases remain longer-term positives.
ARB is trading at $0.2078, down 1.78% on the day. Immediate resistance is seen near $0.225-$0.235, while support lies around $0.198-$0.190.
Layer-2 adoption and DeFi activity continue to be key drivers.
XRP is trading at $2.12, down 1.24% over the last 24 hours. Immediate resistance is seen near $2.25-$2.35, while support lies around $2.00-$1.92.
Cross-border payment adoption and institutional integrations remain central to XRP’s medium-term narrative.
XLM is trading at $0.2315, down 0.82% on the day. Immediate resistance is seen near $0.245-$0.255, while support lies around $0.225-$0.218.
Network stability and real-world payment use cases continue to underpin sentiment.
DOGE is trading at $0.1423, down 2.84% over the last 24 hours. Immediate resistance is seen near $0.150-$0.158, while support lies around $0.135-$0.130.
Retail participation and broader market sentiment remain the dominant drivers.
PEPE is trading at $0.000006096, down 6.46% on the day. Immediate resistance is seen near $0.00000660-$0.00000695, while support lies around $0.00000580-$0.00000550.
Speculative flows and short-term momentum continue to dictate price action.
The 0.31% decline in total crypto market capitalization reflects consolidation rather than a clear trend reversal.
Bitcoin trading below $91,000 and Ethereum stabilizing near $3,110 suggest cautious sentiment, with markets waiting for confirmation before the next directional move.
A bullish continuation would likely require BTC to reclaim $92,900-$95,000 and ETH to decisively move back above $3,260.