Crypto Price Today: Bitcoin trades below $ 96,200; Sola, XRP drops up to 6%

Major cryptocurrencies are trading low by 6%, with blue-chip tokens, including Monday, February 17, Bitcoin, Ethereum, XRP, Solana and Dogkoin.

By 11:15 pm, Bitcoin fell 1.5% to 96,122, while Ethereum fell 2% to 65 2,656. The Global Cryptocurrency Market Cap has dropped 1.67% to $ 3.18 trillion in the last 24 hours.

“Bitcoin is stable near 000 96,000 because the market awaits crucial catalysts. While positive factors like the US are below 4.5% and the National Bank Canada Fo Canada’s Bitcoin ETFS Boost Market Sentiment has an investment of $ 2 million, price impact Seeing is left, “said Mudrax co-founder and CTO Alankar Saxena.

Saxena added, “The BTC’s RSI lives close to a neutral 50 level, which shows a balance between bulls and bears. The breakout in both directions will determine the upcoming trend, with a resistance of $ 98,000 and, supporting 000 95,000.”

Geotus CEO recorded Vikram Subburbage, “Bitcoin continues to integrate above 000 96,000. If it fails to catch, it can test the support of 000 94,000. On the crypto fear and greed index, 51, overall market blurry Indicates. “

Also read: Rich father’s poor father writer Robert Kyosaki considers Trump as ‘first Bitcoin President’

Other major altcoins also declined, with XRP 3.3%, Solana. Channelink, stars, avalanche, sie, tron ​​and shiba INU also trades low, which is a loss between 1.6% and 4.4%.

In the last 24 hours, Bitcoin’s market cap has dropped to $ 1.907 trillion. Bitcoin dominance is now 59.91%. BTC volume increased by 20% to $ 18.19 billion in the same period. Meanwhile, according to the Synmarketcap, StableCoins accounts for.3 58.31 billion or 91.06%of this volume.

Also Read: The US under Trump Crypto policies: a new era for global innovation

Co-founder and CEO, Tech View by Unocoin Satvik Vishwanath

Bitcoin, 000 96,000 and, 000 97,000, remains stable, reflecting low instability between the narrow trading range. Following its peak of $ 109,356, the BTC integrates between 96,000 and, 000 98,000, with support resisting $ 89,000 – $ 91,000 and $ 100,000.

Short -term indicators indicate a bearish pressure, including a weak rebound of 96,686 and resistance to 97,900-, 000 98,000. When long -term EMA indicates strength, bears in favor of decreasing speed and MACD.

000 can revive a bullish sentiment above 100,000, in which, 000 102,000+ is targeted, while failure to catch May 96,500, reducing 000 91,000. Traders expect the next big step amid poor sales pressure and cautious accumulation, as the market continues.

(Connection: The recommendations, suggestions, opinions and opinions provided by experts have their own. This does not represent opinions of economic time)