Bitcoin Dips to $107K; Ethereum Holds $2,650 While Most Altcoins Fall
The crypto market is giving mixed signals today, with Bitcoin (BTC) dipping to $107K—down nearly 3% in the past 24 hours—while Ethereum is holding onto $2,650 and consolidating near this level despite a bearish wave. Various analysts are suggesting that this dip could offer a buying opportunity, with key support levels around $106,800.
The overall market sentiment remains cautiously optimistic, with continually rising institutional interest and bullish community sentiment. The firm dip in Bitcoin price suggests buyers are active at the current zone and investors are targeting higher prices despite the leading cryptocurrency making a new all time-high last week.
Ethereum Holds onto $2,650
Ethereum (ETH), on the other hand, has…
