The new week has begun with the ongoing drop of the cryptocurrency market as almost all coins are in the red zone.
Top coins by CoinMarketCap
BTC/USD
Last Saturday, the Bitcoin (BTC) price consolidated around the $45,000 mark and, on Sunday, buyers tried to overcome the resistance of $46,000. The price pierced this level, but the growth was not supported by large volumes, and the pair was unable to overcome the two-hour EMA55.
BTC/USD chart by TradingView
As of this morning, the BTC price has returned to a level below $45,000. During the day, buyers will try to break through the resistance of the average price level and test the $47,745 level.
On the other hand, the weakness of buyers can provoke another wave of sales, and then the price can test the $42,447 level.
Bitcoin is trading at $44,907 at press time.
ADA/USD
Cardano (ADA) is the main loser from the list today as its rate has dropped by 7%.
ADA/USD chart by TradingView
Despite the price decrease, sellers have not seized the initiative yet as Cardano (ADA) keeps trading above the vital level of $2. Only if bears break it and fix below, the fall may continue to the area around $1.30 where most of the liquidity is focused.
ADA is trading at $2.430 at press time.
BNB/USD
Binance Coin (BNB) has also gone down over the past 24 hours. The decrease was by 4.30%.
BNB/USD chart by TradingView
Binance Coin (BNB) has almost tested the support at $385 one more time; however, the native exchange coin still remains trading above this crucial support.
If sellers make a breakout, there is a good possibility of seeing a sharp drop to $340.
BNB is trading at $398 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
Crypto Today: Traders discuss Solana futures and Ethereum Hoodi update as Bitcoin price stalls at $83,000
Amid a 2% decrease in market capitalization, crypto trading volume surges 42% to $87.2 billion in the last 24 hours, signalling active capital rotation. Bitcoin price stagnates below $85,000 as Gold enters a record rally to $3,000 ahead of the US Fed rate decision.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC, ETH, XRP gain as MicroStrategy buys $10.7 million BTC
Bitcoin (BTC) daily price chart shows signs of recovery in the largest cryptocurrency. Strategy, one of the largest corporate holders of Bitcoin, acquired another 130 BTC last week, according to an announcement on Monday.
Top Formula 1 crypto sponsors rally, racing fans gain from Binance Coin, OKB, ApeCoin and Crypto.com
The 2025 Formula 1 season kicked off in Australia last week with a lineup of crypto sponsors for half of the teams. Racing giants are powered by sponsors like crypto exchanges Binance, OKX, ApeCoin, and Crypto.com, among other NFT and trading platforms.
SEC pumps brakes on altcoin ETFs, institutional interest remains
The US SEC postponed its decisions on several spot altcoin ETF applications this week, including those for Litecoin, XRP and Solana. A K33 Research report shows there is consensus but the agency is waiting the confirmation of Trump’s nominee for SEC Chair.
Bitcoin: BTC at risk of $75,000 reversal as Trump’s trade war overshadows US easing inflation
Bitcoin price remained constrained within a tight 8% channel between $76,000 and $84,472 this week. With conflicting market catalysts preventing prolonged directional swings, here are key factors that moved BTC prices this week, as well as key indicators to watch in the weeks ahead.
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.