Bitcoin is facing resistance at $117,500, but remains bullish above $113,400. Altcoins show profit booking, with buyers eyeing lower levels. Institutional demand keeps BTC from topping out at $124,500. BTC ETFs saw $642.35 million inflows on Friday, while ETH ETFs gained $637.68 million last week.
A long-term BTC whale sent $136 million into trading platform Hyperliquid, sparking concerns of a dump. Will BTC break overhead resistance? Analysis of top 10 cryptos needed. S&P 500 Index continues uptrend, aiming for 6,700 resistance. US Dollar Index struggles to break moving averages, bears eye support at 96.37.
BTC trades above 20-day EMA but struggles at $117,500. ETH faces resistance at $4,788-$4,956. XRP retests $3.18 resistance, Solana drops from $250. BNB in strong uptrend, DOGE fails to sustain $0.29. Cardano forms symmetrical triangle, HYPE sees shallow correction after hitting $57.44.
Read more at Cointelegraph: Bitcoin, Altcoins Sell-Off Ahead Of Key FOMC Rate Decision
