The global cryptocurrency market capitalization has declined to $3.06 trillion, reflecting a 0.5% drop over the past 24 hours. The pullback comes amid profit-booking after recent gains, softer derivatives sentiment, and cautious positioning ahead of key macro and regulatory developments. While long-term fundamentals remain intact, short-term momentum across major assets has cooled.
Bitcoin is currently trading at $89,663, down 0.61% in the last 24 hours. BTC faced rejection near the $93,000-$94,000 zone and has since slipped below the $91,000 handle, indicating weakening bullish momentum in the near term.
Immediate resistance is now seen around $92,200, followed by a stronger barrier near $94,000. On the downside, key support lies near $89,500, with a broader demand zone between $87,800 and $88,200, where buyers have previously stepped in aggressively.
Analysts note a slowdown in ETF inflows, neutral funding rates, and a slight decline in open interest, suggesting the move lower is driven more by consolidation than panic selling.
Ethereum is trading at $3,124, up 0.41% over the past 24 hours. ETH failed to hold above the $3,250 region and has drifted lower as broader market sentiment softened.
Key resistance is now positioned near $3,320, and a recovery above this level would be needed to revive bullish momentum toward $3,420-$3,480. Support is established near $3,100, with deeper support around $2,980.
On-chain metrics continue to show steady staking participation and consistent Layer-2 usage, indicating that the current decline remains a corrective phase rather than a structural breakdown.
XRP is trading at $2.00, up 0.77% in the past 24 hours. Resistance is located near $2.20, while support sits around $1.90.
XRP remains closely tied to regulatory developments and institutional payment use cases, which continue to shape medium-term expectations.
BNB is trading at $889.38, down 0.60% over the last 24 hours. Key resistance stands near $920, with support around $860.
BNB’s price action is supported by steady activity on the BNB Chain and continued demand for exchange-related utilities.
ADA is trading at $0.4036, down 1.04% in the past 24 hours. Resistance is seen near $0.42, while support is positioned around $0.38.
Cardano continues to build gradually as developer activity and governance upgrades progress across its ecosystem.
AVAX is trading at $13.17, down 0.75% over the last 24 hours. Resistance lies near $14.20, with support around $12.40.
Avalanche remains in focus due to growing interest in subnets, tokenization initiatives, and enterprise blockchain adoption.
DOGE is trading at $0.1367, down 1.26% in the past 24 hours. Resistance is near $0.145, while support sits around $0.130.
DOGE activity remains largely sentiment-driven, with social engagement and broader market trends guiding price action.
WIF is trading at $0.3911, down 0.18% over the last 24 hours. Immediate resistance is positioned near $0.42, with support around $0.36.
WIF continues to see high volatility as speculative interest in Solana-based memecoins remains elevated despite the market pullback.
The 0.5% decline in total crypto market capitalization reflects a cautious reset following recent rallies. Bitcoin’s dip below $9,000 and Ethereum’s retreat toward $3,100 suggest short-term consolidation is underway across the market.
Further downside pressure could emerge if BTC fails to hold the $89,500 support and ETH breaks below $3,100. However, a recovery above key resistance levels may quickly restore bullish momentum across altcoins and higher-beta tokens.
Despite near-term volatility, the broader outlook remains balanced to constructive, supported by ongoing institutional participation, expanding blockchain infrastructure, and continued real-world adoption of digital assets.