The week has started with the sharp fall of the cryptocurrency market as all top 10 coins are in the red zone.
Top coins by CoinMarketCap
BTC/USD
The price of Bitcoin (BTC) has declined by 18% over the last 24 hours.
BTC/USD chart by TradingView
On the daily chart, Bitcoin (BTC) has almost reached the support level at $21,864. The decline has been stopped at the $23,000 mark which means that there is a chance of seeing a price bounce.
If that happens, one can expect the test of the formed mirror level at $25,400. Such a scenario is relevant until the end of the week.
Bitcoin is trading at $23,139 at press time.
DOGE/USD
DOGE is the biggest loser from the list today, going down by more than 20% since yesterday.
DOGE/USD chart by TradingView
DOGE has also almost reached its weekly support level at $0.05134. The selling trading volume is low which means that bears might have run out of power in terms of the current decline. Respectively, if buyers can hold the zone around $0.05, the short-term correction is possible to the $0.06 mark.
DOGE is trading at $0.05408 at press time.
SHIB/USD
SHIB is the least falling coin today as the decline of the meme coin has accounted for 16%.
SHIB/USD chart by TradingView
SHIB has broken its support level at $0.00000907 on the weekly time frame, confirming the buyers' weakness. From another point of view, the volume is low, which means that traders can expect at least a small bounce to the $0.00009 mark.
SHIB is trading at $0.0000078 at press time.
Any financial and market information given on U.Today is written for informational purposes only. Conduct your own research by contacting financial experts before making any investment decisions.
Recommended Content
Editors’ Picks
How will BNB price react as Binance and Kraken delist USDT for EU countries?
On Monday, Binance officially discontinued spot trading pairs involving Tether’s USDT in the European Economic Area to align with the European Union’s Markets in Crypto-Assets Regulation.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bears target sub-$80,000 BTC, ETH 2-year lows, XRP yearly bottom
Bitcoin price is hovering around $83,000 on Friday after it failed to close above the $85,000 resistance level earlier this week.
Crypto stablecoin legislation advances, but Democrats say Trump’s USD1 raises red flags
The US Congress began reviewing a Crypto Stablecoin bill on Wednesday. This comes a week after Trump-backed WLFI announced the launch of its USD1 Stablecoin pegged 1:1 to the US dollar.
Solana extends decline amid upcoming $200 million unlocks
Solana declined 3% in Friday's early Asian session, impacted by an upcoming $200 million staked SOL unlock from four whale wallets, according to Arkham Intelligence.
Bitcoin: BTC remains calm before a storm
Bitcoin's price has been consolidating between $85,000 and $88,000 this week. A K33 report explains how the markets are relatively calm and shaping up for volatility as traders absorb the tariff announcements. PlanB’s S2F model shows that Bitcoin looks extremely undervalued compared to Gold and the housing market.
The Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.