Total capitalization of the Crypus Market (Totalcap) and Bitcoin (BTC) are currently stable without major oscillations. However, this lack of volatility also prevents major barriers from breaking. Nevertheless, EOS found room to grow and stood out as the active with the best performance of the day, rising 28%.

Today’s News (19):

• Coinbase has launched Verified Pools to attract institutional customers by offering safer and more efficient liquidity pools in Blockchain. The service includes measures such as KYC and sanctions screening, addressing Pool’s security concerns to large investors.
• New York -based Burwick Law law firm filed a collective action against those involved in the Meme Coin Libra scandal, including Kip, Meteora and Kelsier. The action alleges significant financial misconduct, but does not include President Javier Milei in the process.

The crypto market is stopped

The total capitalization of the crypto market rose US $ 8.79 billion, reaching US $ 2.68 trillion at the moment. Despite this increase, the market remains attached below the critical resistance of $ 2.75 trillion, preventing more significant growth.

Low volatility keeps the market stable, avoiding sudden falls, but also restricts the advance. Now, TotalCap strongly depends on broader macroeconomic factors to gain impulse and trigger any significant ascending movement in the short term.

Currently, it is expected that total market capitalization will remain consolidated between US $ 2.75 trillion and US $ 2.61 trillion, which last level is an important support to avoid new falls.

Bitcoin remains arrested below $ 85,000

Bitcoin is being negotiated at $ 82,926, just below the $ 85,000 barrier after a failed attempt to break it. Cryptocurrency continues in the consolidation phase, sustaining above the $ 80,301 support, but without strength for a decisive ascending movement.

The hesitation of investors to return to Bitcoin reflects uncertainty in the market. For the BTC to exceed US $ 85,000, it will be crucial the return of investor confidence and the overall market stability.

If the feeling of low persists, Bitcoin may have difficulty maintaining a support of $ 80.301. If this level is lost, cryptocurrency may face new losses, invalidating the optimistic perspective and increasing the risk of falling.

EOS advances

The price of EOS rose 28% in the last 24 hours, reaching $ 0.6401. Despite the appreciation, Altcoin found it difficult to break the critical resistance of $ 0.6692. This indicates that despite the gains, EOS still faces significant barriers to continue its upward movement.

The resistance of $ 0.6692 has been firm for over a month, proving to be a crucial level for the asset. If you can overcome it, EOS can advance to $ 0.7649, which would consolidate its high trend and attract more interest from investors.

If you can’t break this barrier, EOS may suffer a strong correction. The inability to maintain over $ 0.6692 may result in a drop for $ 0.6065 support and can reach $ 0.5460. This would invalidate the optimistic perspective and erase much of the recent gains.