Crypto Prices Today: Bitcoin Below $90,000, Ethereum Trades Near $3,100

Crypto Price Today: Bitcoin Trades Below $90,000, Ethereum Close to $3,100 as Global Market Cap Stands at $3.06 trillion
Crypto Prices Today: Bitcoin Below $90,000, Ethereum Trades Near $3,100
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The total global cryptocurrency market capitalization has slipped to $3.06 trillion, registering a 1.09% decline over the past 24 hours. The drop reflects cooling sentiment across major digital assets as traders turn cautious amid reduced inflows and softer market liquidity.

Bitcoin (BTC): Below $90,000

Bitcoin is currently trading at $89,859, reflecting a 1.52% decrease in the last 24 hours. Support is seen at $88,500, an area where ETF inflows and institutional accumulation remain active.

On the upside, Bitcoin faces key resistance near $95,200, and a clear breakout above this zone could trigger renewed bullish momentum. Market analysts highlight growing movement of BTC into long-term holder wallets and further declines in exchange reserves, both pointing to reduced selling pressure.

If BTC sustains price action above $93,800, a potential move toward $96,000-$97,200 becomes more likely, particularly under stable macro conditions and continued institutional engagement.

Ethereum (ETH): Trading Near $3,100

Ethereum is currently priced at $3,105, down 0.90% over the last 24 hours. ETH is consolidating near $3,150 support zone. Strength can be seen in staking activity and on-chain network engagement.

Resistance is positioned near $3,300, a key psychological level. A successful breakout above this could open a path toward $3,360-$3,420. Meanwhile, Ethereum Layer-2 scaling networks continue to see robust traction, contributing to declining gas fees and expanding developer adoption.

Increasing staking deposits this week have further reduced ETH’s liquid supply, strengthening the asset’s long-term structural outlook.

Altcoins:

Avalanche (AVAX)

AVAX is trading at $13.65, up 0.38% in the last 24 hours. Immediate resistance is now placed near $14, while support is seen around $13.30.

Avalanche continues to benefit from rising activity in its subnet ecosystem, growing tokenized asset infrastructure, and increased interest from enterprise developers exploring custom blockchain deployments.

Polygon (MATIC)

MATIC is currently trading at $0.1220, down 1.54% in the past 24 hours. Key resistance is now positioned near $0.1255, while immediate support lies around $0.1190.

Polygon’s transition toward its AggLayer architecture is driving renewed interest among developers, enabling seamless interoperability across chains and boosting long-term utility.

Sui (SUI)

SUI is trading at $0.1220, down 2.33% in the last 24 hours. Immediate resistance is now seen near $0.1260, while support is positioned around $0.1180.

Sui continues to gain momentum due to its high-performance architecture, improving developer adoption, and rapid growth in on-chain gaming and DeFi applications within the Sui ecosystem.

Near Protocol (NEAR)

NEAR is trading at $1.70, down 1.38% in the past 24 hours. Immediate resistance is now placed near $1.75, while support is seen around $1.66.

NEAR’s ongoing advancements in chain abstraction, user-friendly account features, and integrations across AI-driven applications continue to strengthen its broader ecosystem adoption.

Memecoins:

Floki (FLOKI)

FLOKI is trading at $0.00004797, up 2.77% in the last 24 hours. Immediate resistance is now seen near $0.00004920, while support lies around $0.00004630.

The token’s momentum remains supported by sustained social engagement, rising DEX volumes, and recent gaming + utility updates introduced by the FLOKI ecosystem.

Dogecoin (DOGE)

DOGE is trading at $0.1402, down 0.63% in the past 24 hours. Key resistance is now positioned near $0.1435, while immediate support lies around $0.1375.

Dogecoin continues to benefit from strong community activity, recurring market cycles of memecoin enthusiasm, and renewed development efforts aimed at enhancing DOGE’s utility across payment-focused integrations.

Market Outlook

The 1.09% decline in total cryptocurrency market capitalization reflects a cooling of broader market sentiment, with traders exhibiting caution after recent volatility. Bitcoin and Ethereum continue to hover near important support levels, helping prevent a deeper market pullback.

Analysts note that a recovery could gain traction if BTC manages to reclaim the $95,200 level and if ETH pushes decisively above $3,300, which would signal strengthening bullish momentum despite the current correction.

Although short-term price action remains choppy, the long-term outlook for the digital asset market is still underpinned by expanding institutional participation, continued adoption of Layer-2 scaling solutions, and sustained development activity across leading blockchain networks.

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