The crypto market experienced varied activity, with Bitcoin holding steady at 0% change as its weekly Bollinger Bands reached record tightness, while Ethereum also remained flat despite significant $421 million ETF inflows. XRP, showing no 24-hour change but down 9.6% from its 30-day high, saw analysts predict an $11 rally and Nasdaq-listed Reliance Global add it to their treasury. BNB posted a +0.1% gain with a 5x volume spike and an RSI of 79.7, while Solana, flat for the day, was fueled by speculation of imminent ETF approval. Regulatory progress continued globally, with Gemini expanding to Australia and US crypto legislation potentially advancing despite a government shutdown.
Major Themes
- Regulatory Expansion & Legislative Progress
- Institutional Adoption & Payment Integration
- Altcoin Price Action & Ecosystem Development
- Bitcoin Technical Indicators & Market Anticipation
Next Day Outlook
With ongoing regulatory discussions and significant institutional interest, the market could see continued volatility, particularly for assets awaiting ETF decisions or experiencing ecosystem growth.