Bitcoin continues to dominate the crypto market in terms of value and influence as altcoins struggle for dominance

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The cryptocurrency market continues to show steady movement with regular price fluctuations across major digital assets. As of the latest available data, the total crypto market value is around $3.03 trillion, reflecting ongoing participation from traders, institutions, and long-term holders. While short-term volatility remains part of the market structure, several leading cryptocurrencies are holding important support levels.

Bitcoin

 
Bitcoin is currently trading at $87,357, showing a dip of $2,656 or 2.95% from the previous day.  The price action shows BTC in a consolidation phase after recent highs, with traders closely watching the $90,000 resistance level.

Market sentiment around Bitcoin is cautious but stable, especially as lower trading volumes during the holiday period reduce sharp price movements.

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Ethereum


Ethereum is trading at $2,953.31, down $87.35 or 2.87% on the day.  ETH remains one of the most important blockchain networks due to its dominance in decentralized finance, smart contracts, and staking. 

Even with recent price pressure, Ethereum has managed to stay close to the $3,000 level, which is considered a key psychological and technical zone. 

XRP 


XRP is now at $1.86, which is a decrease of $0.05 or 2.61%. The altcoin continues to hold its ground against the majority of the market. XRP benefits from the positive market sentiment regarding its legal clarity. The token’s price fluctuation is still closely linked to the overall crypto market liquidity, with traders regarding it as a bridge asset between the traditional financial system and blockchain payment networks.

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Solana 

SOL is at $123.76, which is a drop of 3.77% from the previous day. Solana continues to be one of the fastest blockchains in the crypto ecosystem. Even though the price was weak recently, the activity on the network has been robust through support from decentralized finance and application development. Market data indicates that traders are still attracted to Solana even during the phases when altcoins are being rotated.

BNB 

BNB's current price is $851.35, showing a daily decline of 1.98%. Binance Coin is still profiting from the powerful utility of its ecosystem. The token is popular for transaction fees, staking, and decentralized applications. 

BNB has not been very affected by the price volatility that many altcoins have gone through, as it has been backed up by consistent demand coming from both traders and long-term holders.

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Cardano

Cardano price is at $0.352535 with a decrease of  7.46% from the previous day. ADA is a gradual growth token that is research-based and emphasizes network upgrades. The price momentum is slower than that of the major layer-one blockchains, but the token has a dedicated community and an interest in the long term related to governance and scalability.

Dogecoin 


Dogecoin is trading near $0.123361 at press time, which is a 3.17% decrease. DOGE is drawing in retail investors due to its significant community backing and visibility. The market is very volatile with Dogecoin as the price is often driven by sentiment rather than fundamental factors in both rallies and corrections.

Shiba Inu 

Shiba Inu is at $0.00000717 with a daily drop of 4.52%. SHIB is still one of the most popular low-priced coins in the market. Even if the absolute price changes are not huge, the percentage changes are very important. The coin keeps attracting speculation as it has high trading volumes in exchanges all over the world.

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Overall Crypto Market Outlook

The cryptocurrency market stays in a sideways movement, and Bitcoin and Ethereum are the main players that are keeping the digital asset space steady. Altcoins are reacting to the changes in liquidity, traders’ mood, and macroeconomic news. Although short-term price swings are still present, the ecosystem’s overall setup shows that sentiment is optimistic going into the next trading phase.

Traders continue to pay close attention to the support levels of major cryptocurrencies, these levels being determined by underlying technology, demand, and regulatory developments, and the overall economy's influence on the risk appetite in the crypto world.