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Bitcoin battles key support near $90K; reclaiming it may fuel bullish momentum, while failure risks a drop toward $74K. Volatility surges as BTC dips below range low, with traders watching $90,836.2 for a decisive breakout or further downside. Market remains cautious as BTC consolidates; reclaiming key levels could spark gains, but weakness invites more selling pressure.
Quick Take After bitcoin’s price volatility hit its highest annualized rate all year of 59.4% last Monday, it’s since held steady at that level. This level of volatility hasn’t been seen since early last December and comes amid U.S. President Donald Trump signing an executive order to establish a strategic crypto reserve and holding a summit with various leaders from the digital assets industry. Bitcoin’s price slid to about $83,000 on Sunday.
Shiba Inu (SHIB) bucks the market trend with a new game introducing SHIB token burns through its innovative duel format.
PEPE’s price has dropped to a six-month low, with declining investor confidence worsening the downtrend. A breakout above $0.00000951 is crucial for recovery.
- 22:50Early Bitcoin developer Amir Taaki: Cryptocurrency has failed to realize its visionEarly Bitcoin developer Amir Taaki: Crypto has failed to realize its vision because no one understands the nature of power. They tried to integrate into the existing truth system, but succumbed to its ideology. Despite this, Taaki also apologized for himself, pointing out that the current state of cryptocurrency is partly due to the inability to propose convincing proposals outside of power centers. "The failure is all our fault. We must organize and present a coherent vision," he assessed.
- 22:42BTC falls below 81000 US dollarsThe market shows that BTC has fallen below 81,000 US dollars, currently reported at 80,945.21 US dollars, with a 24-hour drop of 5.99%. The market fluctuation is large, please manage your risk well.
- 22:40DWF United Creation denies market making for GPS and SHELLDWF United Creation @HtrZac (Zac Zou) posted on X platform stating that DWF Labs is not a market maker (MM) for GPS and SHELL.