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Sunday, July 6, 2025

Bitcoin and Ethereum Still Range-Bound, LINK and THETA Outperform - Cryptonews

Bitcoin price managed to stay above the USD 30,000 level.
Ethereum returned above USD 1,800, XRP is still below USD 0.40.
LINK and THETA are the best performers today.
After dropping from USD 31,500 to USD 30,000 earlier today, bitcoin somewhat recovered and is currently trading near USD 30,500 again. BTC is up 3% in a day and down 4% in a week.
Similarly, most major altcoins are facing key hurdles. ETH failed to stay above the USD 1,850 resistance zone. XRP is moving lower below USD 0.40. ADA corrected gains but is still near USD 0.65.
Total market capitalization
Bitcoin price
After a steady increase, bitcoin price failed to clear the USD 31,500 resistance zone. BTC corrected lower and briefly traded below the USD 30,000 zone before recovering toward USD 30,500. On the downside, an initial support is near the USD 30,000 level. The next major support is near the USD 29,500 zone, below which the price could start another sharp decline.
On the upside, the price might face sellers near...



Read Full Story: https://cryptonews.com/news/bitcoin-and-ethereum-still-range-bound-link-and-t...

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