The cryptem markets were confronted last week with a huge bearish action, while the Bullish Push brought the possibility of a healthy recovery new life during the weekend. As soon as the BTC price had erased all the profit during the last trading day, the markets attracted heavily. Currently, the Bitcoin price under the crucial support has fallen at $ 102,800, which dragged the levels of the majority of the Altcoins.
The Ethereum price has fallen below $ 2400, while the Solana price acts nearly $ 160. In the meantime, the XRP price is close to the barrier to $ 2.3, while the Cardano price is approaching the crucial barrier at $ 0.7. On the other hand, the Memecoins also confronted with a huge bearish action, with book OK MEME recording of more than 10% loss, followed by Dogwifhat, Fartcoin and Mog -Munt with more than a decrease of 8%. No tokens have attracted profits, which suggests that the bears could have capitulated the market.
Why is the Cryptomarkt lower?
Several reasons other than taking BTC profit have contributed to the cap of the Crypto market, such as the decrease in the ETF intake, an infringement of security in Coinbase and a legal action against illegal activities of Howang guarantee, one of the largest online black markets. On the other hand, market volatility has activated substantial liquidations, because more than $ 650 million was liquidated in positions.
One of the main reasons for the ruin of not only the cryptom markets, but also the stock markets is Moody’s decision to downgrade American creditworthiness. Moreover, the agency warned that the fiscal outlook of the country deteriorated because the national debt had risen to more than $ 36.8 trillion of $ 21 trillion in 2020, which will be assumed to rise further.
What is the following? Will the Bitcoin price rise?
The reduced prices of Bitcoin have again attracted the settings, because MicroSstratey has again collected 7,390 BTC. On the other hand, the XRP and Micro XRP -Futures are live on the CME group, which has a large credibility upgrade with institutional futures. In the meantime, BlackRock’s BTC ETF, IBIT, has brought in almost 2x the inflow of the Gold ETF in 2025.
That is why the momentum seems to cool, but the structure continues to bullish while the retail trade accumulates while whales collect off-exchange and warms up sentiment without tilting in mania. The BTC MACD flashes caution in the short term with a bearish crossover and open interest has been withdrawn, which indicated a reduced leverage and some profitable. That is why one can expect a heel or a reset unless buyers get on quickly.
In addition, the intake of the stablecoin on exchanges rise, and if the BTC price could rise back above $ 107k on real volume, the upward trend could accelerate. But for now the risk of consolidation or a shallow dip remains in the game.