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Crypto Market Today: Bitcoin and Ethereum Lead Rebound as Altcoins Show Mixed Moves

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Crypto Market Today

The post Crypto Market Today: Bitcoin and Ethereum Lead Rebound as Altcoins Show Mixed Moves appeared first on Coinpedia Fintech News

The global crypto market today kicked off the week on a cautiously optimistic note after a subdued weekend of consolidation. Bitcoin (BTC) price reclaimed key resistance near $106,000 while Ethereum (ETH) price surged past $3,600, fueling renewed interest in the broader crypto market. Trading volumes are picking up across major exchanges as investors position for the week ahead, supported by positive ETF flow data and stable macro sentiment. However, altcoin performance remains uneven, with selective gains in Solana (SOL) and Avalanche (AVAX) while several mid-caps continue to lag.

Bitcoin and Ethereum Extend Gains

bitcoin price

Bitcoin climbed 4.1% in the last 24 hours to hover near $106,034, signaling a steady rebound following last week’s range-bound trade. The trading volume increased by over 35%, while the ETF inflows remain passive. Ethereum rose over 7% to around $3,643, outperforming BTC as on-chain activity picked up, and staking inflows continued to trend higher. The ETH/BTC ratio rose slightly, hinting at possible rotation into smart-contract-based assets.

Altcoins Trade Mixed as SOL, DOGE Rise Moderately While XRP Thrives

bitcoin price

The altcoin market displayed mixed sentiment, with the Solana (SOL) price advancing 6.6% to around $167, supported by rising DeFi volumes and active wallet growth. Avalanche (AVAX) and Toncoin (TON) also posted modest gains, while Cardano (ADA) and Polygon (MATIC) stayed largely flat. XRP and Hyperliquid surged over 7%, while the BNB price just reclaimed levels above $1000. Despite strong showings from select tokens, market breadth remains limited—a sign that capital rotation is still concentrated in the large-cap space.

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Top Gainers, Losers, and Volume Leaders

  • Top Gainers: Decred (DCR) +62.35%, Starknet (STRK) +29.98%, and World Liberty Financial (WLFI) +28.92%.
  • Top Losers: Internet Computer (ICP) −10.70%, Monero (XMR) −5.31%, Pancakeswap (CAKE) −0.23%.
  • Most Traded Tokens: BTC, ETH, BNB, and XRP remain the highest by 24-hour volume.
  • High-Volume Altcoins: SOL, AVAX, and DOGE show renewed activity across exchanges.

Market Sentiment and Overall Health

Market sentiment indicators remain under fear, while the crypto market cap rises above $3.5 trillion with a decent rise in volume. Bitcoin’s dominance sits near 59%, underscoring the concentration of capital in major assets, and the altcoin season index has risen slightly above the Bitcoin-dominant zone to reach 33. However, the future open interest continues to decline, indicating a drop in the momentum as traders are now closing their positions instead of opening new ones.

While broader crypto market health shows tentative improvement, traders are watching whether rising volumes translate into a sustained rally. For now, the tone remains cautiously bullish—driven by BTC stability and selective altcoin strength rather than a full-scale breakout.

Outlook

If Bitcoin maintains support above $105,000 and Ethereum sustains momentum above $3,600, a short-term push toward higher resistance levels appears likely. Analysts expect volatility to remain contained ahead of midweek macro data and potential ETF inflow updates. Broader participation from mid-caps could signal a stronger recovery trend heading into the second half of November.

FAQs

Why is the crypto market up today?

Bitcoin and Ethereum recovered key levels, trading volumes increased, and sentiment improved as investors positioned for the week ahead.

What is driving Bitcoin’s move above $106,000?

Higher trading volumes, stable macro conditions, and steady ETF flows are supporting Bitcoin’s rebound from last week’s consolidation.

Why is Ethereum outperforming Bitcoin today?

Ethereum is seeing stronger on-chain activity, higher staking inflows, and mild rotation from BTC into smart-contract assets.

What is the market outlook for the coming days?

If BTC holds above $105,000 and ETH stays over $3,600, short-term upside is likely, though volatility may stay contained until midweek data arrives.

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