The cryptocurrency market had a mixed week, with notable fluctuations across major coins. Bitcoin showed resilience, climbing above the $62,000 mark to a high of $63,862 before settling around $61,000. Meanwhile, Ethereum struggled to maintain its position above $4,000, dipping below $3,800, and Ripple fell under $1.30 after failing to clear the $1.40 resistance.
Binance Coin (BNB) gained momentum, surpassing $500, while Solana continued its strong uptrend, breaking past $200. Dogecoin experienced a brief surge over $0.30 before encountering resistance at $0.32. Cardano had difficulty stabilizing above $2.40, leading to a slight downturn.
Uniswap and Litecoin performed well, each seeing gains of over 10%. Conversely, Polkadot and Bitcoin Cash struggled, trading below key support levels. Overall, the market signals were mixed, with some cryptocurrencies performing robustly and others facing significant resistance.
Investors are keeping a close watch on Bitcoin’s movements as it tries to sustain its upward momentum. Traders are advised to monitor market trends and price levels closely to navigate the volatility effectively.
