Crypto Price Today: Bitcoin Holds Near $95,266; Ethereum Slips to $3,169

A majority of the top 100 cryptocurrencies are showing declines, reflecting a widespread risk-off environment

The global cryptocurrency market continues to face downward pressure, with most major coins trading lower over the past 24 hours. Rising US Treasury yields, a stronger dollar, and cautious investor sentiment are influencing the market direction. 

A majority of the top 100 cryptocurrencies are showing declines, reflecting a widespread risk-off environment. Despite the weakness, trading activity remains strong, especially within Bitcoin’s network, signalling continued participation even during uncertain times.

Bitcoin (BTC)

Bitcoin is currently priced around $95,266, showing a minor intraday decline but remaining within a tight trading range. Over the past week, Bitcoin has lost around 6%, and it now trades more than 20% below the early-October peak near $126,000. Market sentiment around Bitcoin has shifted into an “extreme fear” zone, even as on-chain data indicates rising transaction volumes over the last 30 days.

Financial analysts note that the average Bitcoin mining production cost is close to $94,000, marking a potential price floor. Based on this projection, some institutional outlooks suggest Bitcoin could climb toward $170,000 over the next year if market conditions support renewed investment flows. In the short term, however, Bitcoin remains vulnerable. Technical indicators show that if support weakens, the price could slip into the $92,000–$93,000 range.

Ethereum (ETH)

Ethereum is trading near $3,169, after briefly falling below $3,100 for the first time in weeks. The decline follows significant outflows from some Ethereum-based investment products over the past month. These withdrawals have contributed to the overall weakness in the price.

Ethereum’s chart pattern currently forms a large symmetrical triangle. This formation usually indicates a period of consolidation, but it also suggests the possibility of a sharp move once the price breaks out of the pattern. Despite current pressure, long-term sentiment stays cautiously optimistic. 

The upcoming mainnet “Fusaka” upgrade, designed to improve speed and scalability, supports projections that Ethereum could eventually aim for the $6,000–$7,000 range. For now, however, the asset remains tied to broader market conditions and could face more decline if Bitcoin loses key support.

XRP (XRP)

XRP is trading at around $2.25, moving within a narrow intraday range. Although there has been less headline news around XRP in recent days, the token is experiencing the same selling pressure affecting the wider altcoin market. Ongoing regulatory uncertainties surrounding the token also continue to influence sentiment, limiting strong upward movement during this period.

Solana (SOL)

Solana is trading close to $139.90, slightly lower than the previous session. The token has been affected by the broader market downturn, especially as investors reduce exposure to high-growth altcoins during periods of macroeconomic stress. Despite this short-term weakness, Solana continues to hold a key position in the market due to its strong network performance and developer activity. However, further declines could occur if market conditions remain fragile.

BNB (BNB)

BNB is currently priced around $933.82, reflecting moderate weakness in line with other major cryptocurrencies. As the native token of the Binance ecosystem, BNB’s price often reacts to regulatory developments and overall market confidence in centralized exchanges. Although no major negative developments have surfaced recently, the general risk-off attitude among investors is keeping BNB under pressure.

Cardano (ADA)

Cardano is trading near $0.4924, drifting lower in step with other large altcoins. The project remains focused on improvements in scalability and smart-contract efficiency. While long-term fundamentals are often highlighted by supporters, the short-term price continues to reflect broader market weakness. Cardano’s relatively stable development roadmap has not been enough to offset bearish momentum in recent sessions.

Shiba Inu (SHIB)

Shiba Inu is valued at approximately $0.00000896, showing a small decline over the past day. As a meme-based token, SHIB tends to mirror market sentiment more closely than it responds to fundamental developments. The latest drop reflects cautious trading behaviour and reduced speculative activity during this market phase.

Dogecoin (DOGE)

Dogecoin is trading around $0.16098, also experiencing a minor decrease. Like Shiba Inu, the token remains heavily influenced by shifts in risk appetite. Without major catalysts or endorsements, DOGE’s price movement continues to follow the general direction of the broader crypto market.

Key Market Drivers

The current downturn in cryptocurrency prices is largely linked to macroeconomic conditions. A stronger US dollar and increasing Treasury yields reduce investor appetite for speculative assets, including digital currencies. Institutional outflows from Bitcoin and Ethereum investment vehicles have added to selling pressure. Meanwhile, technical charts show that major cryptocurrencies are testing important support levels, increasing the risk of sharper declines if those levels fail.

Despite this, activity within core networks such as Bitcoin continues to rise, indicating that investor participation has not disappeared entirely. Market watchers remain focused on upcoming developments, including Ethereum’s network upgrade and potential regulatory updates that could influence institutional involvement.

Market Outlook

In the near term, the crypto market may continue to face volatility and further downside. Bitcoin’s ability to stay above the $94,000 support zone will play an important role in determining market direction. If stability returns and macroeconomic pressures ease, the medium-term outlook for major assets like Bitcoin and Ethereum remains constructive, with substantial upside potential if institutional interest rebuilds.

Altcoins, however, may continue behind until market confidence strengthens. Meme-coins such as SHIB and DOGE are expected to remain highly sensitive to changes in risk sentiment. The coming weeks are likely to be shaped by global economic trends and the market’s reaction to key support zones across major cryptocurrencies.