Despite recent pullbacks and renewed fears over global tariffs, major cryptocurrencies are showing signs of bottoming out, reinforcing a sense of long-term optimism among investors.
Market Condition
Bitcoin remains steady around $105,000, showing little change over the past 24 hours despite a 5% weekly dip. Other leading cryptocurrencies, including Ether, XRP, Solana, Cardano, and Dogecoin, are also holding near key support levels.
Macroeconomic Influences
Nick Ruck, Director at LVRG Research mentioned, "Bitcoin is stuck around $105K as macro uncertainty holds back bullish momentum." He noted that geopolitical tensions, especially between the U.S. and China, along with uncertainty around Federal Reserve policy, are key factors currently weighing on risk appetite.
Investment Diversification
Investors are increasingly diversifying beyond Bitcoin. Tokens like XRP and SOL have drawn attention for their resilience and potential upside. Kathy Qu from HashKey Cloud stated that "uncertainty in trade policy is pushing capital toward high-growth sectors — not just tech stocks, but also crypto."
Despite near-term volatility, technical indicators and market behavior suggest that crypto markets are stabilizing. With increasing institutional engagement and diversification into altcoins and DeFi, long-term sentiment remains bullish.
