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Cryptocurrency News Articles

Bitcoin (BTC) Keeps Trading Sideways as Solana (SOL) Spikes 6%

Apr 17, 2025 at 08:09 pm

As Bitcoin keeps trading sideways throughout the day and and industry lacks any major news, the broader crypto market has turned dull and investors are not seeing any notable moves in the prices of top crypto assets.

Bitcoin (BTC) Keeps Trading Sideways as Solana (SOL) Spikes 6%

As Bitcoin price trades dull throughout the day and the industry lacks any major updates, the broader crypto market has seen dull trading with investors not noting any notable moves in the prices of top crypto assets. However, Solana (SOL) price has surged by 6% exceptionally today as investors are seeing some interest in the altcoin.

Since last week, the crypto space has become silent as Bitcoin fails to show any significant movements after digesting the catastrophic dump caused by the recent tariff war.

At the time of press, BTC to USD trades at $84,367, hitting a high of $85,324 before suddenly dropping to $83,314. Technical analysis shows that it has been consolidating in the $83k to $85k range where it’s now looking for a breakout.

Following Bitcoin, top altcoins like ETH, XRP, BNB and TRX have also caught in sideways trading throughout the day as it all struggles to break above key resistance levels. Whereas Solana (SOL) has paved a way to stand out with spiking 5.47% in the past 24 hours to $133, a level from where it has been pulled back multiple times in the past week.

ETH is currently trading at $1,590 while XRP is seen moving at $2.1, both are seen to be surging past these levels in a potential swift push. TRX, DOGE and ADA have not shown great price movements as investors are seen taking advantage of buying them at a discounted price.

In the list of top-gaining assets, NEM is leading with surging 13%, followed by XCN and HYPE token’s 10% gains. On the losing side, Solana-based DEX Orca’s ORCA token is at the top with losing 12% in the past 24 hours.

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As per Coinmarketcap data, the global crypto market cap stands at $2.66 trillion with a 24-hour trading volume of $74.42 billion.

Also read: Could Dogecoin Price Reach $2.5 By 2030? Here's What Analysts Say

Original source:cryptotimes

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