Recent data shows that ETF inflows have slowed compared to earlier weeks

Advertisment

The cryptocurrency market is showing mixed movement today. Prices are moving up and down in a tight range as traders continue to show careful investment. Big coins are holding important levels, but strong buying momentum is not clearly visible right now. Market mood looks balanced between hope and caution.

Bitcoin Price Today

Bitcoin is trading near $68,534. During the day, the price touched a high near $69,999 and a low that is close to $67,329. The market is watching the $70,000 level very closely because it acts as a strong resistance area. Each time BTC price moves near that level, selling pressure increases.

Recent data shows that ETF inflows have slowed compared to earlier weeks. This cooling of demand has reduced some bullish strength in the short term. Still, Bitcoin remains stable above key support zones. In India, Bitcoin is trading near Rs. 62 lakh, reflecting global trends.

Advertisment

Some analysts are warning that if selling pressure increases, Bitcoin price could drop toward lower support zones. However, long-term sentiment remains constructive because institutional interest has not disappeared.

Ethereum Price Today

Ethereum (ETH) is trading near $1,987. The intraday high reached $2,019.78 while the low was around $1,940.44. Ethereum is holding close to the $2,000 psychological level, which traders consider important.

Network activity on Ethereum has improved due to the growing use of Layer-2 scaling solutions. These solutions reduce transaction costs and increase speed. Because of this, demand for ETH has remained steady. In the Indian market, Ethereum is trading close to Rs. 1.8 lakh.

Advertisment

On-chain indicators suggest that volatility could increase soon. Some traders are opening hedged positions because price action is looking indecisive. Even though movement is limited today, sudden spikes can still happen.

Solana and Other Altcoins

Solana (SOL) is trading around $86.27. The day’s high was near $87.60, and the low touched $82.72. Solana has managed to hold its range even while Bitcoin faces resistance. Activity in the Solana ecosystem continues, especially in decentralized apps and NFT projects.

XRP and BNB are also moving with the broader market trend. XRP has seen volatility due to heavy activity in derivatives markets. Although holder numbers are rising, selling pressure from futures traders is slowing price growth.
Altcoins are reacting proportionally to Bitcoin’s movement. When BTC struggles near resistance, smaller tokens also slow down. That pattern is visible again today.

Advertisment

Market News and Developments

Discussions between US policymakers and crypto industry leaders have gained attention. Talks are focused on building clearer regulations while still allowing innovation. This shows that digital assets are becoming more connected with traditional finance.

At the same time, there has been some stress in parts of the lending sector. A crypto lender recently paused withdrawals, which raised concerns about liquidity. Events like this create short-term fear, even if they do not impact the entire market.

Another important factor is the decline in spot Bitcoin ETF inflows. Earlier strong inflows helped push prices higher. Now that inflows are slower, buying power has reduced slightly. That is one reason why Bitcoin is struggling near $70,000.

Advertisment

Some research firms have also warned that if bearish patterns continue, Bitcoin could test much lower levels in the future. However, not everyone agrees with that outlook.

Overall Market Situation

The current crypto market looks stable but cautious. Prices are not crashing, but strong breakout momentum is missing. Traders are watching macroeconomic signals, ETF flows, and regulatory updates before making bigger moves.

Volatility may increase soon, as prices are sitting near important levels for both Bitcoin and Ethereum. If resistance breaks, upward movement could accelerate. If support fails, a correction might happen instead.

Advertisment

Today’s session shows a market that is waiting for direction. Confidence is present, but hesitation is also visible. The next few sessions may decide whether the market pushes higher or pulls back deeper.