Crypto Price Today: Bitcoin slips below $95,100; Solana, Cardano plunge up to 7%
As of 10:29 am IST, Bitcoin slipped 0.8% to $95,148, while Ethereum declined 0.6% to $2,678. The global crypto market cap fell 1.6% to $3.13 trillion in the past 24 hours.
«Bitcoin is trading around $95,100, bouncing back from a low of $93,380 amid rising trade tensions. Trump’s plans to impose reciprocal tariffs on all major U.S. trading partners spurred caution among investors,» said Alankar Saxena, CTO and Cofounder of Mudrex.
Bitcoin faces resistance at $96,600, and if it sustains this level, it could attempt a move toward $99,000, Saxena added.
Did you Know?
The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors.
View Details»Avinash Shekhar, Co-founder & CEO of Pi42, said, «The derivatives market is influencing Bitcoin's short-term price swings, particularly with CME premium movements. Large buy orders could trigger the next significant price move, reinforcing market resilience.»
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