At 1:23 p.m. IST, the largest cryptocurrency in the world was negotiated at $ 105,366, up 1% in the last 24 hours. Ethereum, however, slipped slightly from 0.1% to $ 2,506.
The global market capitalization of cryptocurrency increased by 0.9% to 3.29 billions of dollars, according to Coinmarketcap, with gains observed on several altcoins. XRP, Solana, Dogecoin and Cardano increased between 0.3%and 1.2%, while Bitcoin domination remained stable at 63.7%.
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The market experienced increased volatility over the weekend after US President Donald Trump increased trade tensions with new pricing threats, triggering a feeling of risk in global markets. According to the Coinswitch markets office, Bitcoin fell under $ 104,000, which sparked more than $ 600 million in liquidation – the highest in four months – before bouncing over $ 105,000, supported by institutional purchases around the level of $ 103,000.“Bitcoin is regularly negotiated above $ 105,000, bouncing weekend stockings of $ 103,200,” said Alankar Saxena, co-founder and CTO of Mudrex. “The market is now focused on macroeconomic indices, in particular the next Fed flesh discourse, Jerome Powell, technically, $ 106,000 is a key resistance area. A break greater than $ 106,800 could push the price to $ 108,000. ”
On the other hand, non-compliance with current levels could return Bitcoin to $ 103,500, he added. Riya Sehgal, Delta Exchange research analyst, noted that Bitcoin is testing the support nearly $ 103,900 in a descending widening model. “A decisive decision above $ 106,800 could lead to $ 110,000 targets. However, if $ 106,500 do not hold, prices can drop to $ 102,500 or even the range from $ 93,000 to $ 97,000. ” Ethereum faces resistance at $ 2,620. An escape can lead to $ 2,720, but the downward risks at $ 2,470 and $ 2,420 persist if the bulls fail to recover control, added Sehgal.
While the Bitcoin ETF have seen $ 616 million in the past two days – led by Blackrock’s Ibit and Ark 21Shares d’Arkb – The ETHEREUM ETHERE has attracted entries for a tenth consecutive day, signaling a continuous institutional interest in the Altcoin despite the wider market of the market.
Sathvik Vishwanath, co-founder and CEO of UNOCOIN, said that the current consolidation of Bitcoin nearly $ 105,000 occurs after a record level of $ 111,970 in May 2025. “This healthy break shows the confidence of investors in increasing institutional entries and the drop in supply in exchange. American, the long term is positive. “
Vishwanath has added that forecasts point to potential peaks from $ 180,000 to $ 250,000 by the end of the year, although short -term volatility is expected.
“Investors should focus on macro-tendencies and avoid being influenced by daily oscillations,” he said. “This phase can be calm before the next major step in Bitcoin.”
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