AnalysisAnalysis
Bitcoin stays near $81,800 as BTC defends key support
Bitcoin stayed near $81,800 on Friday, defending its 50-day EMA support while posting modest gains alongside Ethereum and XRP following a recent market correction.
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ADAAnalysis
ADA falls under $0.220 support, facing potential deeper losses
Cardano faces downward pressure after falling below the $0.220 support level, hampered by weak momentum, negative funding rates, and a low long-to-short ratio that signals a strong bearish bias in the derivatives market.
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Bitcoin stays near $83k as fading sell pressure eyes $89,337
Bitcoin held near $82,800 on Wednesday, supported by fading sell pressure and positions above its key moving averages, as traders eye the $89,337 resistance level.
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NEAR Drops Under $5 Despite $5.42M ETF Inflows
NEAR Protocol dropped 7% to trade near $4.70 despite Bitwise's NEAR ETF pulling in $5.42 million. The token faces key resistance near $5.02 as technical indicators signal a cautious near-term outlook.
ADAAnalysis
Cardano stays above $0.22 as dropping open interest hints at losses
Cardano holds above $0.22 following a weekly decline, while dropping futures open interest and bearish technical indicators suggest continued vulnerability and potential further losses toward $0.1894.
AnalysisAnalysis
HYPE recovers near $82 as Ripple Prime broadens institutional market access
Key takeaways HYPE recovered to $81.88 after falling to approximately $77.59 following hotter-than-expected US producer inflation. Ripple Prime introduced institutional RWA perpetual swaps referencing more than 100 Trade.xyz markets on Hyperliquid. HYPE faces resistance at $83.10, while support lies around $76.30–$75.70. HYPE recovers after inflation-driven selloff Hyperliquid’s HYPE token rebounded toward $82 on Friday, recovering…
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Ethereum hits $2,400 as declining Treasury yields lower inflation concerns
Ethereum bounced back above $2,400 following a brief dip driven by higher-than-expected US producer inflation data, as declining Treasury yields and a weaker US dollar helped alleviate market concerns.