Peter Smith
The cryptocurrency market is showing signs of renewed momentum, with Bitcoin (BTC) price holding steady near $117,956.50 and XRP climbing to 4-month highs. Investors are closely watching ETF-related news and Ripple’s legal developments, which could shape the next market move.
Bitcoin (BTC) Price Performance
Bitcoin (BTC) is currently trading at $117,956.50, reflecting a 0.34% daily gain. Over the past month, BTC surged 10.26%, reaching a peak of $122,527.70 and a low of $105,730.12. Despite short-term fluctuations, BTC shows strong mid-term momentum, with 25.77% growth over the last 3 months and an impressive 73.59% increase year-over-year.
XRP's Bullish Setup and ETF Momentum
XRP has captured traders’ attention, driven by ETF discussions and technical setups pointing to price targets between $4 and $38. While the SEC lawsuit remains unresolved, Ripple continues pushing for regulatory clarity. A bull flag formation is visible on the chart, suggesting that if XRP breaks above key resistance, further gains could follow swiftly.
Altcoin Trends and Market Sentiment
With BTC holding its position, altcoins are looking for new catalysts. Trading platforms like CoinEx are gaining traction by offering secure, fast execution — a key factor for traders during volatile sessions.
The combination of Bitcoin’s stable price near $118K and XRP’s bullish outlook suggests a potentially active period ahead. ETF news and regulatory clarity will be crucial triggers for the next major market moves.
Peter Smith
