From Yahoo Finance: 2025-06-05 01:27:00

Profit-taking persisted in the crypto market, with Dogecoin and Cardano leading the decline, while Bitcoin remained stable. XRP, Solana, and BNB dropped by 1.5%, while Tron saw a 1.9% increase.

Market uncertainty due to macro and policy conditions was cited by Anna Liu of HashKey Tokenization, signaling potential volatility for Bitcoin and other cryptocurrencies. Despite short-term challenges, institutional interest in BTC and ETH remains strong.

The crypto fear and greed index is at 62, indicating greed in the market, though it has slightly decreased. FxPro’s Alex Kuptsikevich sees potential for Bitcoin to reach new highs above $130K after rebounding from near $103,000.

Ether is facing resistance at its 200-day moving average, with a breakthrough above $2,700 seen as a positive sign. CryptoQuant suggested a correction for Bitcoin to $96,700, aligning with short-term investors’ average purchase price.



Read more at Yahoo Finance: Profit-Taking Continues in Crypto Market as Dogecoin, Cardano’s ADA Lead Majors Slide