While the Monday opening saw a strong push, Bitcoin struggled to break above $85,000, marking a daily high of $84,644 before dipping as low as $82,361 earlier today. Meanwhile, Solana (SOL) and XRP are heavily lagging, both dropping nearly 3% in the past 24 hours.
At the time of writing, Bitcoin is trading near $83,250, with a 24-hour trading volume of $24.92 billion. Many investors were anticipating BTC to break above $85,500 and liquidate the Hyperliquid Whale, but the market lacked any significant momentum to make that happen.
SOL has continued its downtrend today, falling from a high of $130 to a low of $123.69, marking a nearly 3% drop over the past 24 hours. Similarly, XRP has declined by 4%, slipping from a daily high of $2.3758 to $2.2478 in the same timeframe.
Apart from BTC, SOL, and XRP, other cryptocurrencies have shown significant movement. CAKE has surged 8% in recent days, continuing its bullish momentum. Meanwhile, OKB, TRX, ATOM, and TON have each gained nearly 5% today.
On the losing side, PI (Pi Coin) is leading with a steep 16% drop, while CRO and BERA have lost over 7% in the past 24 hours. As the market struggles with resistance levels and fluctuations, traders and investors will be closely monitoring key price levels to determine the next moves in the crypto space
