The total cryptocurrency market capitalization stands at $3.21 trillion, marking a 1.9% increase over the last 24 hours. The broader market continues to show momentum, with steady capital rotation into large-cap assets and selective strength across high-quality mid-caps.
Trading volumes remain elevated compared to earlier this week, indicating healthier spot participation rather than aggressive leverage-driven moves. Volatility is contained, suggesting markets are attempting to extend gains.
Bitcoin is currently trading at $93,710, up 1.10% over the past 24 hours. BTC has extended its recovery by firmly holding above the $93,000, which is now acting as a short-term support band.
Immediate resistance is seen near $95,900, followed by a more significant hurdle around $98,500. On the downside, support lies near $92,800, with a deeper cushion around $90,500 if momentum fades.
Derivatives data show open interest at $61.13 billion, up 2.38%, while funding rates are at 0.0031%, indicating cautiously increasing bullish positioning.
Ethereum is trading at $3,225, up 2.05% over the last 24 hours. ETH continues to build strength after reclaiming the $3,200 level, signaling improving short-term structure and buyer interest on pullbacks.
Immediate resistance is located near $3,420, followed by a stronger supply zone around $3,620. On the downside, support is seen near $3,200, with a broader base forming around $3,050.
Ethereum derivatives open interest stands at $41.6 billion, up 0.17%, while funding rates remain steady near 0.0040%, reflecting balanced sentiment. Ongoing Layer-2 adoption and consistent staking inflows continue to support the medium-term outlook.
LINK is trading at $13.86, up 2.43% over the last 24 hours. Immediate resistance is seen near $16.80-$17.40, while support lies around $12.20.
Growing oracle demand and real-world asset integrations remain supportive.
MATIC is trading at $0.1268, up 5.42% on the day. Immediate resistance is seen near $0.135-$0.142, while support lies around $0.120-$0.115.
Enterprise partnerships and Layer-2 scaling use cases continue to underpin sentiment.
NEAR is trading at $1.78, up 1.37% over the last 24 hours. Immediate resistance is seen near $1.90-$2.05, while support is positioned around $1.70-$1.60.
Developer activity and ecosystem expansion remain key tailwinds.
XLM is trading at $0.2519, up 8.76% on the day. Immediate resistance is seen near $0.265-$0.280, while support lies around $0.240-$0.230.
Cross-border payment use cases and network stability continue to attract steady interest.
BONK is trading at $0.00001221, up 3.27% over the last 24 hours. Immediate resistance is seen near $0.00001280-$0.00001360, while support lies around $0.00001160-$0.00001100.
Speculative flows tied to the Solana ecosystem's strength remain influential.
FLOKI is trading at $0.00005911, up 5.84% on the day. Immediate resistance is seen near $0.00006250-$0.00006600, while support lies around $0.00005600-$0.00005300.
Community-driven momentum and marketing activity continue to drive short-term price action.
The 1.9% rise in total crypto market capitalization reflects improving confidence rather than euphoric conditions.
Bitcoin holding above $93,000 and Ethereum stabilizing above $3,200 suggest constructive near-term sentiment, though confirmation through higher breakouts is still needed.
A stronger bullish continuation would likely require BTC to sustain moves beyond $95,900 and ETH to decisively clear $3,420.
Failure to hold current support zones could still lead to consolidation, keeping the broader crypto market range-bound despite improving momentum.