Bitcoin (BTC) has been rangebound near $115,000, with some analysts predicting further downside despite significant ETF volume. XRP (XRP) saw a notable 66% rebound after a 10-month low, regaining $75 billion in market value, while Dogecoin (DOGE) surged 13% following $436 million in short liquidations. Regulatory developments include CME launching options for Solana (SOL) and XRP under CFTC oversight, and discussions around sensible crypto regulation in the UK.
Key Developments
- CME launches options for Solana (SOL) and XRP (XRP) under CFTC oversight, signaling increased institutional interest.
- XRP (XRP) rebounds 66% from recent lows, regaining significant market value, with on-chain signals suggesting potential upside.
- Dogecoin (DOGE) experiences a 13% jump, attributed to $436 million in short liquidations and NASDAQ listing plans for 'House of Doge'.
- Bitcoin (BTC) remains rangebound near $115,000, with mixed signals on future price action and reports of large institutional buys preceding recent dips.
- WazirX secures court approval for its debt restructuring plan, potentially allowing user crypto distribution.
Next 6 Hour Outlook
The market is likely to remain volatile, with Bitcoin potentially continuing its consolidation while specific altcoins like XRP and Dogecoin may see continued momentum or face resistance following recent surges.
Top Tickers
BTC
XRP
SOL
ETH
DOGE