Bulls could not hold the initiative on the last day of the week, and all coins from the top 10 list have come back to the red zone.
Top coins by CoinMarketCap
BTC/USD
The passing week has been bearish for Bitcoin (BTC) as its rate has declined by 8%.
BTC/USD chart by TradingView
Despite the fall, Bitcoin (BTC) remains trading above the vital support at $52,956, which means that bulls keep controlling the situation.
If the main crypto stays above this level, there is a good chance to come back to at least the area of the most liquidity around $61,000. In addition, the selling trading volume is low.
Bitcoin is trading at $54,335 at press time.
ETH/USD
Ethereum (ETH) has not shown such a big drop as Bitcoin (BTC); however, the price has declined by 5.79% over the last week.
ETH/USD chart by TradingView
Ethereum (ETH) is trading sideways despite the decline. The chief altcoin made a false breakout of the support level at $3,958, having confirmed bulls' power.
However, the coin seems to have not accumulated enough strength to recover the lost positions. In this case, trading in the range of $4,000-$4,200 is the most likely scenario for the next week.
Ethereum is trading at $4,085 at press time.
BNB/USD
Binance Coin (BNB) is the only coin from the list whose rate has increased over the past seven days.
BNB/USD chart by TradingView
Binance Coin (BNB) is looking stronger than Bitcoin (BTC) and other coins after a fall. Despite that, the native exchange coin keeps trading in a wide channel between the support at $540 and the resistance at $669. If bulls manage to keep the rise, BNB may get to $700 soon.
BNB is trading at $595.30 at press time.
ADA/USD
Cardano (ADA) is the biggest loser this week with a drop of almost 20%.
ADA/USD chart by TradingView
Despite the fall, there is a good chance that the drop may continue as buyers are not showing any will to buy at current levels. If sellers break the $1.496 mark and fix below it, the decline may get ADA to $1.50 shortly.
ADA is trading at $1.507 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
XRP futures market signals rising bearish momentum amid large profit levels of long-term holders
Ripple's XRP declined by 1% on Tuesday, as on-chain and futures data reveal the impact of the recent market downturn on its investors.
Tron Price Forecast: TRX founder Justin Sun announces collaboration with Solana Blockchain
Tron (TRX) price edges slightly down, trading at $0.23 on Wednesday after rallying nearly 12% in the last two days.
Bitcoin not yet in a bearish phase despite on-chain and futures liquidity contraction: Glassnode
Bitcoin (BTC) traded above $81,000 on Wednesday as both its on-chain liquidity and futures open interest declined, according to Glassnode's weekly report.
Raydium plans to launch Pumpfun competitor, will this spark a meme coin war?
Solana-based decentralized exchange (DEX) Raydium is allegedly planning to roll out LaunchLab, a new token launchpad that would serve as an alternative to Pump.fun, according to a Blockworks report on Tuesday.
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.