Bitcoin is currently trading around $101,754, with a decline of 2.24% in the last 24 hours
Today’s cryptocurrency market presents a mixed picture, with some major coins holding firm while others experience pressure. Headlines and flows from institutional products play a strong role in shaping short-term movements. Here is a closer look at how the landscape stands and what is driving it.
Bitcoin (BTC)
Bitcoin is currently trading around $101,754, with a decline of about 2.24% in the last 24 hours. Recent news shows that Bitcoin fell below the $100,000 mark earlier this week—a sign of increased selling pressure and weaker upward momentum. Analysts point to concerns over institutional flows and global liquidity as key factors.
From a technical viewpoint, Bitcoin is testing support around the six-figure area while resistance remains near $110,000 to $111,000. A meaningful break in either direction could set the near-term trend.
Ethereum (ETH)
Ethereum is trading at approximately $3,328.57, down about 3.58% in the past 24 hours according to one snapshot. Additional data shows Ethereum near $3,337, down 3.36%. Key issues for Ethereum include its role within the smart-contract ecosystem and its sensitivity to both technical flow and macro liquidity conditions.
With risk sentiment dampening and some altcoin rotation in play, ETH is consolidating rather than advancing. Moving forward, catalysts for Ethereum would include a pickup in DeFi usage, network upgrades, and renewed institutional demand. Absent those, it risks further range-bound behavior.
XRP (XRP)
XRP is currently priced at about $2.22, with a 24-hour drop of roughly 5.7%. The token is facing headwinds as its broader ecosystem works through strategic and regulatory issues.
While partnerships and product launches remain in motion, the price remains under pressure. Analysts note that while technical setups appear improved, the path forward may still require sustained flow or adoption news to reignite momentum.
Solana (SOL)
Solana is trading near $157.38, reflecting a recent drop of about 3.55% in the past 24 hours. SOL’s performance underscores a broader theme: high-throughput “Layer-1” chains are consolidating after strong prior runs.
The underlying network remains active, but investor caution is visible in today’s price action. Key monitors for Solana include developer activity, new app launches, and institutional infrastructure builds. These could provide the impetus for the next leg upward.
Binance Coin (BNB)
BNB is reported near $958.65 in a recent snapshot, showing comparatively less volatility than some peers. As the native token of the exchange-linked platform, BNB’s price tends to reflect both market sentiment and exchange-specific flows (such as burning, token utility, and ecosystem usage).
Its relative strength may derive from that dual role. Watching BNB’s burn schedule, utility expansion, and any regulatory developments around exchanges will help assess its near-term trajectory.
Cardano (ADA)
Cardano is trading around $0.5365, with a modest decline (-1.0%) in recent sessions. The project is moving steadily — its pace is less explosive than some peers, which means price action may be quieter. For Cardano, the focus is on the rollout of chained functionality, governance upgrades, and ecosystem growth rather than short-term speculative spikes.
Thus, ADA may be better suited to holders who are more patient and focused on longer-term fundamentals rather than rapid price moves.
Shiba Inu (SHIB)
Shiba Inu is priced at approximately $0.000009, showing a slight uptick (+0.66%). As a “meme coin,” SHIB tends to move with speculative flows and social-meme sentiment rather than traditional fundamentals.
That makes it sensitive to broader risk appetite and network hype. Analysts note that structural challenges persist (such as very large supply, limited utility), which may restrain sustained upside absent a meaningful narrative shift.
Dogecoin (DOGE)
Dogecoin is currently around $0.1642, down about -1.82% in the past 24 hours. Like SHIB, DOGE’s price action is heavily influenced by community/meme dynamics, broader liquidity, and speculative momentum.
Its relative stability versus some other altcoins this session may reflect a lower beta profile, but the lack of strong utility developments may limit its upside unless a new catalyst emerges.
Outlook
The cryptocurrency market finds itself in a consolidation and recalibration phase. Prices of major coins like Bitcoin and Ethereum reflect the tension between structural institutional interest and near-term liquidity caution.
For the coming days and weeks, the question will likely be whether flows and sentiment turn favourable enough to drive another leg higher, or if the market remains range-bound (or even drifts lower) as participants await clearer triggers. The tokens best poised will be those with strong narratives, clear utility, and good liquidity, while those relying purely on momentum risk lag.
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