In the past 24 hours, Bitcoin and Ethereum were down 0.7% and 0.3% respectively. Among the major altcoins, BNB, XRP, Solana, Tron, Hyperliquid, Cardano fell upto 1.1%.
The global crypto market capitalisation edged down 0.4% to $2.24 trillion, according to Coingecko.
Riya Sehgal Research Analyst Delta Exchange said the crypto markets remain cautious, with Bitcoin hovering near the $63,000 mark as weaker ETF demand and renewed regulatory uncertainty limit risk appetite.
Sehgal further said the cancellation of the SEC’s scheduled crypto-rule meeting removed a potential near-term catalyst, while recent spot Bitcoin ETF outflows indicate that institutional buying momentum has cooled. However, the absence of aggressive downside acceleration is equally important.
In the past week, Bitcoin and Ethereum fell 2.8% and 1.6% respectively. Among the major altcoins, XRP and Cardano were down 2.4% and 9.8% respectively whereas BNB, Solana, Tron, Hyperliquid, Dogecoin rallied upto 2.9%.
Nischal Shetty, Founder, WazirX said Bitcoin remained range-bound near 63K - 65K, with 62.4K-63K providing key support and 64K-65.5K acting as the main resistance zone. Ethereum held around 1,870-1,885, with 1,850-1,870 as support and 1,900-1,925 as immediate resistance.
Shetty further said that institutional demand stayed constructive, with strong ETF inflows, but offsetting selling and subdued momentum kept both BTC and ETH in consolidation.
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Here is what other analyst say
Harish Vatnani, Head of Trade, ZebPay: Bitcoin and the broader cryptocurrency market continue to trade with subdued momentum, as BTC remains range-bound between $62,000 and $66,000. Uncertainty surrounding global macroeconomic conditions and geopolitical developments has kept traders cautious, limiting fresh participation and resulting in low market volatility.Ethereum is trading near the $1,885 mark after recovering from recent lows, but it continues to face strong resistance in the $1,950–2,000 zone. Despite repeated rejection near these levels, buyers remain active on dips, indicating that underlying demand is still intact.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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Facts Only
* Bitcoin fell 0.7% in the past 24 hours.
* Ethereum fell 0.3% in the past 24 hours.
* BNB, XRP, Solana, Tron, Hyperliquid, and Cardano fell up to 1.1%.
* The global crypto market capitalization edged down 0.4% to $2.24 trillion, according to Coingecko.
* Riya Sehgal Research Analyst Delta Exchange stated markets remain cautious.
* Bitcoin is hovering near the $63,000 mark due to weaker ETF demand and regulatory uncertainty limiting risk appetite.
* The cancellation of the SEC’s scheduled crypto-rule meeting removed a potential near-term catalyst.
* Spot Bitcoin ETF outflows indicate that institutional buying momentum has cooled.
* In the past week, Bitcoin fell 2.8% and Ethereum fell 1.6%.
* XRP fell 2.4% and Cardano fell 9.8% in the past week.
* BNB, Solana, Tron, Hyperliquid, and Dogecoin rallied up to 2.9% in the past week.
* Bitcoin traded between $62,000 and $66,000, with key support at $62.4K-$63K and resistance at $64K-$65.5K.
* Ethereum traded around $1,870-1,885, with support at $1,850-1,870 and resistance at $1,900-1,925.
Executive Summary
Full Take
The narrative surrounding the crypto market demonstrates a tension between institutional demand and macroeconomic/regulatory overhangs. The observation that institutional buying momentum has cooled despite strong ETF inflows points to an evolving dynamic where traditional financial gatekeepers introduce friction into asset pricing, creating a state of consolidation rather than outright collapse. The divergence in performance among assets—where specific altcoins exhibited strong rallies while Bitcoin and Ethereum consolidated—suggests a segmentation in risk appetite, where speculative energy shifts between assets based on perceived regulatory risk versus established price anchors. The pattern observed is that uncertainty, whether geopolitical or regulatory, acts as a persistent dampener on aggressive upside, evidenced by the range-bound nature of major assets despite underlying demand remaining constructive. This suggests that market movement is less driven by pure supply/demand mechanics and more by the perception of external systemic risk. If institutional demand remains fundamentally sound but sentiment is suppressed by uncertainty, the mechanism for price discovery shifts from pure valuation to managing perceived downside exposure.
Bridge Questions: If regulatory clarity were to suddenly increase, what specific market segments would react first, and how would that impact the differential performance seen between Bitcoin and altcoins? What is the threshold of regulatory uncertainty that causes institutional flow to reverse from inflow to outflow? How can analysts effectively distinguish between sentiment-driven volatility and genuine shifts in underlying demand?
Sentinel — Human
This text appears to be a synthesis of various expert market observations, exhibiting the structure and attribution style consistent with human-authored financial reporting rather than pure machine generation.