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Bitcoin and Ethereum prices are falling, as Bitcoin is approximately $87,000, down 22.5% over the past three months due to weak buyer interest.
Ethereum's price is falling below $3,000. If Ethereum's current support level breaks, then it will likely fall toward $2,800.
Most altcoin prices are declining, whereas stablecoin prices are steady and flat amid global macroeconomic factors and investor risk-off sentiment.
Crypto prices today remain under pressure as major digital assets trade lower amid cautious investor sentiment. Bitcoin and Ethereum prices continue to decline. Altcoins follow the same pattern as investors' capital flow is shifting to safer assets. The weak demand for cryptocurrencies and increased demand for traditional safe-haven assets amid market volatility has become a challenge globally. Let’s see why crypto market is down today, as per CoinMarketCap data.
Bitcoin price is currently trading at $87,077, showing a decline of 0.96% over the past 24 hours. The leading cryptocurrency has dropped roughly 22.5% over the last three months, showing weakness in maintaining higher price levels.
CoinSwitch Markets Desk explained, “BTC saw a liquidity-driven dip to about $86,800, briefly falling below $87,000 before rebounding and consolidating. Low volume and thin liquidity amplified intraday swings, but buyers defended the lows. BTC continues to trade sideways, lagging broader markets as gold and metals hit record highs and US equities edged up. Meanwhile, Open interest in BTC and ETH perpetuals has declined materially, reducing leverage and increasing volatility risk ahead of a record options expiry on Deribit.”
Ethereum price is trading at $2,934, down 1.61% in the last 24 hours. ETH failed to hold above the critical $3,000 level and has slipped into bearish territory. The second-largest cryptocurrency by market cap, valued at $354 billion, is now trading below key support levels that could signal further declines.
Technical analysis shows Ethereum price broke below a rising channel with support at $2,980. The asset is now positioned below its 100-hour Simple Moving Average, with immediate resistance near $2,980 and major resistance at $3,000. If bulls fail to defend the $2,880 support zone, ETH could slide toward $2,845 or even $2,800 in the near term.
Also Read: Crypto Prices Today: Bitcoin Price Holds $87,948 as ETH Stalls at $2,983, XRP Near $1.88
Looking at crypto prices today across the top ten cryptocurrencies, the bearish sentiment is widespread:
XRP Price stands at $1.85, down 1.78% over 24 hours but showing strength with a 3.37% gain over the past week. XRP's market cap has climbed to $112 billion, making it the fifth-largest cryptocurrency.
Solana Price is trading at $121.54, marking a 3.07% decline in the past day. Despite the recent drop, SOL maintains a market cap of $68.3 billion and has posted a 4.95% gain over the last seven days.
BNB is priced at $839.36, down 1.78% in 24 hours, with a market capitalization of $115.6 billion. The exchange token remains the fourth-largest crypto asset.
Dogecoin has dropped 3.28% to $0.1277, with a market cap of $21.4 billion. The popular meme coin is seeing increased volatility in recent trading sessions.
Cardano is trading at $0.3579, showing a 2.43% decline over the past day. ADA's market cap sits at $12.8 billion.
TRON is at $0.2831, down just 0.33%, proving relatively stable compared to other major assets with its $26.8 billion market cap.
The only bright spots in crypto prices today are the stablecoins. Tether (USDT) remains steady at $0.9993, while USDC trades at $0.9996, showing minimal movement as expected from dollar-pegged assets.
The weakness in crypto prices today can be linked to several factors affecting market sentiment. Traditional safe-haven assets continue to draw defensive capital flows as investors seek stability during periods of macroeconomic uncertainty. Gold and silver have benefited from their established reputation as stores of value, while cryptocurrencies are being treated as high-beta risk assets.
On-chain data reveals that Bitcoin is struggling to attract fresh demand. New investors remain hesitant to enter positions at current levels, limiting upward momentum. Short-term holders, who are more sensitive to price swings, have increased their selling during recent pullbacks, adding to the downward pressure.
The crypto market appears range-bound as capital continues rotating into traditional defensive assets. A shift in risk appetite or a surge in spot demand would likely be needed before major cryptocurrencies can challenge higher resistance levels.
In significant crypto news, Russia's central bank has proposed a new regulatory framework that would open the domestic crypto market to retail investors. This marks a dramatic shift from the country's previously hostile stance toward digital assets.
Under the proposed rules, non-qualified investors would be allowed to purchase the most liquid cryptocurrencies after passing a basic knowledge test. Annual purchases would be capped at 300,000 rubles (approximately $3,800) through a single intermediary.
Qualified investors would face no purchase limits on most cryptocurrencies, excluding anonymous tokens, after completing a risk-awareness exam. The central bank has submitted this framework to the government with plans to regulate crypto trading by July 1, 2026.
This regulatory shift shows how Western sanctions have forced Russia to reconsider its approach to digital assets. Russian individuals and companies have increasingly turned to cryptocurrencies for cross-border payments after sanctions cut off many major banks from the global financial system in 2022.
Despite the negative price trend in cryptocurrency markets, the Russian government remains adamant that Bitcoin and all other cryptocurrencies will not be allowed to be used as legal tender in the Russian Federation. All domestic payments in Russia must be made in rubles.
Also Read: Bitcoin News Today: Bitcoin Lags as Gold Surges to $4,420 on Rate Cut Bets and Reserve Buying
Crypto prices today indicate that the market continues to await a catalyst for increased upward price movement. If investor sentiment improves or new capital enters the market, then major cryptocurrency prices may once again enter a bull phase. However, until those things happen, traditional assets such as gold and US dollars will maintain their position as the preferred form of investment during times of macroeconomic uncertainty.
1. Why are crypto prices down today?
Crypto prices today have been declining as investors move their money to safer locations such as gold and silver, while at the same time, there is less buying from Retail customers - and more selling from Retail customers - which is contributing towards downward pressure on the crypto market.
2. What is happening with the bitcoin price right now?
Currently bitcoin has fallen approximately 1% in the last 24 hours, down to about $87,077 from approximately $878,000 (it has fallen approximately 22% in the past three months), and based on the on-chain data, you can see that there is not much buying activity, which will make it difficult to recover price levels quickly.
3. Why did Ethereum fall below $3,000?
Ethereum failed to hold key support near $3,000 after breaking a rising price channel. Technical indicators suggest bearish momentum. If buyers do not defend current levels, ETH could move closer to $2,800 soon.
4. Which cryptocurrencies are performing better today?
Most other major Cryptocurrencies have decreased in price significantly; however, stablecoins (USDT/USDC) are maintaining their value and have shown a small loss compared to large-cap coins (TRON, etc.).
5. What could help crypto prices recover from here?
The cryptocurrency market could recover through improved investor sentiment, a significant influx of new buyers and/or bids in physical crypto, and moving on to other asset classes rather than safe-haven assets (gold, silver, etc.). Positive macro regulation news and policy changes from both the USA and Russia regarding crypto will also greatly assist with the recovery of crypto prices.
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
