{"id":63050,"date":"2025-04-30T09:32:56","date_gmt":"2025-04-30T09:32:56","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=63050"},"modified":"2025-04-30T09:32:56","modified_gmt":"2025-04-30T09:32:56","slug":"crypto-market-consolidation-continues-as-bitcoin-btc-fails-to-break-above-95k-market-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=63050","title":{"rendered":"Crypto Market Consolidation Continues as Bitcoin (BTC) Fails to Break Above $95K (Market Watch)"},"content":{"rendered":"

Bitcoin\u2019s failure to produce a big move toward $100,000 continued in the past 24 hours as the asset seems stuck at around $95,000 without any indication of where the next fluctuation wave will take it.<\/p>\n

The altcoins have also been quite sluggish lately, with minor losses dominating the chart on a daily scale.<\/p>\n

BTC Stalls at $95K<\/h2>\n

The primary cryptocurrency managed to break through its previous consolidation phase at the beginning of last week, when it pumped above $86,000, which served as the upper boundary of that channel. In the following days, the asset flew past $90,000 for the first time in over six weeks and skyrocketed to just shy of $96,000 last Friday. This became its highest price tag in two months.<\/p>\n

Although it failed to breach that level and retraced slightly during the weekend, it remained high above the $90,000 support. The only brief slip came on Monday when BTC dropped to $93,000 but quickly recovered the losses.<\/p>\n

The bulls went on the offensive but were stopped on a couple of occasions ahead of $96,000 despite the substantial inflows<\/a> into the BTC ETFs. As such, bitcoin continues to trade sideways at around $95,000, currently sitting just inches below it.<\/p>\n

Its market capitalization has stalled at $1.880 trillion on CG, while its dominance over the alts is well above 61%.<\/p>\n

<\/a>BTCUSD. Source: TradingView<\/p>\n

Alts Slightly in the Red<\/h2>\n

Most altcoins have lost some traction over the past 24 hours. LINK, AVAX, and XRP lead the adverse trend from the larger caps, with losses of up to 3.5% in the case of Chainlink.<\/p>\n

ETH, DOGE, ADA, SUI, SHIB, HBAR, and BCH are also in the red, albeit in a slightly less painful manner.<\/p>\n

The biggest losers from the top 100 alts include yesterday\u2019s top performer, VIRTUAL<\/a>, as well as TAO and TRUMP. The meme coin related to the US president has faced a lot of controversy as of late, including reports<\/a> that the team behind it had started disposing of its holdings amid the price rally.<\/p>\n

The total crypto market cap has declined slightly by around $15 billion since yesterday to $3.065 trillion on CG.<\/p>\n

<\/a>Cryptocurrency Market Overview. Source: QuantifyCrypto<\/p>\n

The post Crypto Market Consolidation Continues as Bitcoin (BTC) Fails to Break Above $95K (Market Watch)<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s failure to produce a big move toward $100,000 continued in the past 24 hours as the asset seems stuck at around $95,000 without any indication of where the next fluctuation wave will take it. The altcoins have also been quite sluggish lately, with minor losses dominating the chart on a daily scale. BTC Stalls […]<\/p>\n","protected":false},"author":0,"featured_media":63051,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-63050","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/63050"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=63050"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/63050\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/63051"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=63050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=63050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=63050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}