Price Analysis

Crypto Prices Today: Bitcoin Near $92,700, Ethereum Pushes Toward $3,350

Crypto Price Today: Bitcoin Trades Near $92,700, Ethereum Pushes to $3,350 as Global Market Cap Stands at $3.16 trillion

Bhavesh Maurya

The global cryptocurrency market capitalization has climbed to $3.16 trillion, marking a 3.06% increase over the past 24 hours. The broader recovery reflects renewed confidence across major digital assets as liquidity improves and institutional inflows strengthen.

Bitcoin (BTC): Reclaims $92,000

Bitcoin is currently trading at $92,623, rising 3.07% in the last 24 hours. The asset has regained momentum after defending the $90,000 support zone, an area linked to ongoing ETF inflows and strategic long-term accumulation.

On the upside, BTC now faces key resistance around $94,800, and a breakout above this level could signal a stronger move toward the $96,500-$98,200 range. 

Analysts note accelerating outflows from centralized exchanges and increasing whale accumulation, both reducing near-term selling pressure.

If Bitcoin holds above $93,000, technical indicators suggest a continuation of the current upward trend, supported by improving macro sentiment and rising institutional interest in spot BTC products.

Ethereum (ETH): Approaching $3,350 

Ethereum is trading at $3,324, up 7.07% in the past 24 hours. ETH is gaining strength near the $3,200 support zone, supported by strong staking participation, rising developer activity, and continued demand for its Layer-2 ecosystem.

Key resistance is now positioned at $3,360, and a decisive breakout could open the path toward $3,420-$3,510. Meanwhile, L2 networks such as Arbitrum, Optimism, and Base continue to post increasing transaction volumes, contributing to lower gas fees and strengthening the overall Ethereum economic structure.

Staking inflows remain elevated this week, signaling confidence from long-term holders and tightening the token’s circulating supply.

Altcoins:

Chainlink (LINK)

LINK is trading at $14.22, up 4.48% in the last 24 hours. Immediate resistance is seen at $14.70, with support around $13.90.

Chainlink’s recent integrations across institutional tokenization pilots and new Cross-Chain Interoperability Protocol (CCIP) partnerships continue to boost long-term utility and investor interest.

Hyperliquid (HYPE)

HYPE is trading at $28.88, up 3.89% in the last 24 hours. Immediate resistance is now positioned near $29.60, while support lies around $27.90.

Hyperliquid continues to gain rapid traction as one of the fastest-growing native Layer-1 trading ecosystems, driven by its high-performance on-chain orderbook architecture. The network’s rising adoption among perpetual traders, expanding liquidity layers, and growing interest in its decentralized exchange model are contributing to strong ecosystem momentum.

Arbitrum (ARB)

ARB is trading at $0.2198, up 4.72% in the last 24 hours. Immediate resistance stands near $0.2270, with support around $0.2130.

Arbitrum’s rising share in L2 activity, driven by gaming and DeFi applications, is helping maintain strong ecosystem traction despite short-term volatility.

Algorand (ALGO)

ALGO is trading at $0.1366, up 3.15% in the last 24 hours. Resistance is placed near $0.1410, while support rests around $0.1320.

The network continues to benefit from increased interest in real-world asset tokenization and enterprise-grade blockchain applications.

Memecoins:

Pepe (PEPE)

PEPE is trading at $0.000004844, up 5.65% in the last 24 hours. Resistance is now seen near $0.00000502, while support lies around $0.00000460.

Growing social media hype, strong DEX volume, and new ecosystem features continue to drive PEPE’s momentum.

Bonk (BONK)

BONK is trading at $0.000009854, up 5.96% in the last 24 hours. Resistance sits near $0.00001020, with support around $0.00000940.

Despite minor price cooling, BONK continues to benefit from Solana ecosystem growth, community expansion, and increased trading activity.

Market Outlook

The 3.06% rise in global crypto market capitalization signals a positive shift in sentiment following a period of consolidation. 

Bitcoin’s reclaiming of the $92,000 level and Ethereum’s push toward $3,350 have provided stability across the market, reducing the likelihood of deeper corrections.

Analysts suggest that a broader recovery could accelerate if BTC breaks above $94,800 and ETH clears $3,360, potentially triggering another wave of bullish momentum.

While short-term volatility remains possible, long-term fundamentals continue to strengthen supported by expanding institutional participation, growing Layer-2 adoption, and ongoing innovation across leading blockchain ecosystems.