Bitcoin, Ethereum, XRP, Dogecoin Dip, But Traders Remain Optimistic For One Reason
Major cryptocurrencies are in the red as macro uncertainty and trade war tensions weigh on sentiment. CryptocurrencyPrice Gains +/-Bitcoin BTC/USD $84,157.00-1.2%Ethereum ETH/USD $1,609.19-2%Solana SOL/USD $128.50-1.8%XRP XRP/USD $2.12-1.7%Dogecoin DOGE/USD $0.1554-3.5%Shiba Inu SHIB/USD $0.00001183 -2.6%Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 28.6% and daily active addresses growing by 19%. Transactions greater than $100,000 are up from 7,162 to 9,856 in a single day. Exchanges netflows are up by 2,416.8%. Coinglass data reports 89,194 traders were liquidated in the past 24 hours for $177.86 million. Notable Developments: Donald Trump’s Crypto Footprint Grows: A Monopoly-Style Game May Be Next Bitcoin To Stay Range-Bound, But Options Trading Can Yield A Profit: 10x Research Robinhood, Coinbase Could Benefit From New Digital Asset Regulation, Says Bernstein Bitcoin Poised To Rise If Macro Obstacles Clear, Bitwise’s Matt Hougan Says EXCLUSIVE: Janover Scoops $10.5 Million Of Solana Under New Treasury Strategy Why ‘The Next Generation Of On-Chain Will Be Shaped By AI’, According To WalletConnect’s Pedro Gomes Bhutan PM Says Bitcoin Mining ‘Simple Strategic Choice’ For Governments, Himalayan Kingdom Uses Crypto To Reduce Brain-Drain From Civil Services Top Gainers: CryptocurrencyPrice Gains +/-MANTRA OM/USD $0.8049+53.2%Story IP/USD $4.10+5.7%Toncoin TON/USD $2.95+4%Trader Notes: Crypto trader Blockchainedbb highlighted that Bitcoin has cleanly navigated through key price ranges, first from $76,000–$84,300 and now pushing through the $84,300–$86,000 zone. He sees the next short setup between $86,000 and $83,000, anticipating a possible bounce near $82,000–$83,000 before any deeper correction. Given the strong performance of his current short positions, Blockchainedbb plans to exit around $83,000–$84,000, noting that Wednesdays often bring bullish momentum, making it risky to hold shorts mid-week. Meanwhile, trader Roman pointed to bearish divergences on both the RSI and Stoch RSI on Bitcoin's 1-day chart, with both indicators in overbought territory. He warned that the recent price rally lacked momentum, suggesting that Bitcoin could retrace toward local lows soon. Benjamin Cowen drew attention to Bitcoin dominance, calling it a key driver of the next crypto cycle. Cowen described it as the “key to unlocking the cryptoverse.” Ted Pillows pointed out that China's M2 money supply has reached a record ¥326 trillion ($44 trillion), nearly double the U.S. supply. He emphasized that even a small fraction of this liquidity flowing into crypto could trigger a parabolic move. Read Next: Trump Administration Is ‘Only Looking To Accumulate’ Bitcoin, Bo Hines Says Image: Shutterstock Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.