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Cryptocurrency News Articles
Bitcoin Retreats: Key Levels to Watch in the Coming Days
Apr 25, 2025 at 07:22 am
Bitcoin opened the week with strong momentum, briefly climbing above the $94,000 mark before facing a mid-week correction.
The crypto market is showing signs of stabilization after a strong rally earlier this week, with Bitcoin reclaiming some ground above the $94,000 mark. This move has also boosted overall trader confidence despite a brief pullback across many altcoins in the top 30 by market cap.
However, the spotlight now shifts to the top 3 altcoins that are showing potential for a fresh surge, namely Dogecoin, Solana, and ONDO.
Dogecoin and Solana have shown resilience amid the dip with modest gains still holding. They are also displaying strength relative to Bitcoin, suggesting that they may be able to maintain their recent gains even as the flagship cryptocurrency faces selling pressure.
Meanwhile, ONDO is exhibiting a stronger upward trend with a 6.8% increase. Several key catalysts are brewing which could propel these top 3 altcoins to deliver even more stellar returns in the coming weeks.
These catalysts include U.S. President Donald Trump's evolving tariff stance, which continues to drive market volatility. Even minor developments on this front have triggered significant price swings in both directions.
Furthermore, renewed interest in Bitcoin as “digital gold” is emerging, impacting the broader crypto market trends.
As the dust settles on a turbulent week marked by a downturn that pulled several leading altcoins lower, a mild recovery has emerged over the last 24 hours.
However, this recent decline has brought two major support ranges into focus for Bitcoin. The first spans between $88,465 and $91,935, while the second lies between $85,230 and $87,076.
On the other hand, resistance just above the $95,000 level remains strong, presenting a barrier to any attempt at a sustained breakout.
The consolidation phase of Bitcoin will depend heavily on whether it can hold onto these support levels. Observing the daily candle closes closely will be crucial.
Repeated closes below the lower support range could be a warning sign of a potential bearish trend emerging in the coming days.
While Bitcoin usually takes center stage, it seems that attention is shifting toward the broader altcoin market as the total crypto market capitalization (excluding Bitcoin and Ethereum) hovers around the key range of $837 billion to $850 billion.
This range has acted as a support zone during previous bull runs, and a breakout into this zone could trigger fresh momentum for the altcoin space.
Among the top three tokens to watch, Dogecoin, Solana, and Ondo stand out, each showing potential for strong upward movement in the near future.
Dogecoin and Solana have shown resilience amid the dip with modest gains still holding. They are also displaying strength relative to Bitcoin, suggesting that they may be able to maintain their recent gains even as the flagship cryptocurrency faces selling pressure.
Solana is exhibiting a stronger upward trend with a 6.8% increase. Several key catalysts are brewing which could propel these top 3 altcoins to be able to deliver even more stellar returns in the coming weeks.
These catalysts include U.S. President Donald Trump's evolving tariff stance, which continues to drive market volatility. Even minor developments on this front have triggered significant price swings in both directions.
Furthermore, renewed interest in Bitcoin as “digital gold” is emerging, impacting the broader crypto market trends.
As the dust settles on a turbulent week marked by a downturn that pulled several leading altcoins lower, a mild recovery has emerged over the last 24 hours.
However, this recent decline has brought two major support ranges into focus for Bitcoin. The first spans between $88,465 and $91,935, while the second lies between $85,230 and $87,076.
On the other hand, resistance just above the $95,000 level remains strong, presenting a barrier to any attempt at a sustained breakout.
The consolidation phase of Bitcoin will depend heavily on whether it can hold onto these support levels. Observing the daily candle closes closely will be crucial.
Repeated closes below the lower support range could be a warning sign of a potential bearish trend emerging in the coming days.
While Bitcoin usually takes center stage, it seems that attention is shifting toward the broader altcoin market as the total crypto market capitalization (excluding Bitcoin and Ethereum) hovers around the key range of $837 billion to $850 billion.
This range has acted as a support zone during previous bull runs, and a breakout into this zone could trigger fresh momentum for the altcoin space.
Among the top three tokens to watch, Dogecoin, Solana, and Ondo stand out, each showing potential for strong upward movement in the near future.
Dogecoin and Solana have shown resilience amid the dip with modest gains still holding. They are also displaying strength relative to Bitcoin
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- STX, the native token of Bitcoin layer-2 protocol Stacks, has surged 56% in seven days
- Apr 25, 2025 at 05:30 pm
- STX, the native token of Bitcoin layer-2 protocol Stacks, has surged 56% in seven days to become the week's best-performing of the 100 biggest cryptocurrencies amid hopes for institutional adoption.
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