1. What is the Bitcoin price today?
Bitcoin is trading at $117,935.33, down 0.58% in the past 24 hours. It remains in a consolidation phase after testing resistance around $120,000. If bullish momentum picks up, we could see a fresh breakout soon.
2. Why is the crypto market down today?
The crypto market is showing mixed signs due to profit-taking after recent highs, technical resistance for Bitcoin, and altcoin weakness. Regulatory developments and macro uncertainty are also keeping investors cautious.
3. Which crypto is performing the best today?
TRON (TRX) is today’s best-performing major crypto, up 2.86%. It’s the only top-10 coin flashing green as others, including Ethereum and Solana, correct.
4. Is it a good time to buy Bitcoin?
Bitcoin is trading near key support and showing resilience. For long-term investors, this could be a strong accumulation zone. Short-term traders may want to wait for confirmation of a breakout above $120,000.
5. How did stablecoins perform today?
Stablecoins like USDT and USDC maintained their pegs around $0.9999. They’re seeing strong demand as traders move to safe assets during heightened volatility.
