Crypto Price Analysis 9-25: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, COSMOS: ATOM
The cryptocurrency market’s recovery stalled once again as major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), fell back into bearish territory. The crypto market cap is down nearly 1%, with altcoins leading the selloff. The drop is largely due to profit-taking, rising Bitcoin dominance, and negative crypto-equity correlations.
BTC traded above $114,000 on Wednesday as buyers mounted a recovery. However, it lost momentum on Thursday, falling to an intraday low of $111,686 before moving to its current level. BTC is down almost 1% over the past 24 hours, with sellers in control.
Meanwhile, ETH is down over 4% as it struggles to stay above the key $4,000 mark. The altcoin has dropped nearly 13% over the past week. ETH traded above $4,200 on Wednesday but lost momentum early on Thursday. As a result, it briefly fell below $4,000 before moving to its current level of $4,012. Ripple (XRP) is marginally down, trading around $2.85, while Solana...