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Bitcoin’s price continued in the downward direction this week, extending its bearish movement by nearly 7% in less than 72 hours. The latest push has plunged the cryptocurrency into its Q2-Q3 2024 price cluster, when BTC traded in a sideways range for about six months.

Cardano price today trades near $0.2625, down 3.35% in the past 24 hours as the token tests critical Fibonacci support following President Trump’s announcement of a global tariff increase. The move comes as Grayscale raised Cardano’s share in its Smart Contract Fund to 20.34%, signaling institutional confidence despite retail selling pressure.

Cardano price today trades near $0.2760, up 0.95% in the past 24 hours as the token attempts to stabilize after breaking below critical support levels. The move comes as Coinbase announced it will accept ADA as collateral for onchain loans, though analysts warn that fundamental adoption metrics remain weak despite the integration.

Bitcoin continues to trade under pressure after failing to hold gains near the $97,970 swing high, leaving the market in a fragile short-term structure. The 4-hour chart shows a decisive rejection at the top, followed by a deep retracement into the Fibonacci range.

Cardano price today trades near $0.2559, down over 2% in the past 24 hours after breaking below the $0.26 support zone. The move places ADA at its lowest level since late 2024 as sellers maintain control across timeframes and all major moving averages turn into resistance.

The U.S. House of Representatives passed a $1.2T government funding package on Tuesday by a 217-214 vote, ending a partial shutdown that threatened federal operations. The legislation provides funding for most government departments through the end of the fiscal year, with lawmakers negotiating additional Department of Homeland Security funding over the next week and a half. President Donald Trump’s signature will formally reopen shuttered government agencies.

Ethereum price today trades near $2,922 after breaking below the psychological $3,000 level for the first time since mid January. The drop follows heavy spot outflows and continued rotation into precious metals, with gold up 18 percent and silver up 52 percent year to date. ETH now sits nearly 40 percent below its October highs while traditional safe havens extend to record levels.

Prenetics Global has abandoned its plan to aggressively accumulate Bitcoin, less than three months after $48 million in an equity round that was partly designed to fund a crypto treasury.

The U.S. Securities and Exchange Commission has concluded its investigation into DeFi protocol Aave, bringing an end to a regulatory process that lasted nearly four years, according to Aave founder Stani Kulechov.

Bitcoin’s price dropped below $94,000 this week, marking the cryptocurrency’s lowest price in the past six months. The latest pullback triggered bearish concerns across the crypto market, with several top cryptocurrencies experiencing similar pullbacks amid increasing downward pressure.

The crypto market has undergone a severe correction over the past 24 hours, resulting in approximately $2 billion in liquidations. Consequently, the CoinMarketCap Crypto Fear & Greed Index dropped to a seven-month low of roughly 20/100. This level of extreme bearish sentiment has not been seen since April 2025.

The Fed has signalled , a big change in monetary policy. After reducing its asset portfolio from nearly $9 trillion down to about $6.6 trillion, the central bank stated it will stop this reduction and start reinvesting money from bonds that are paid off, effectively putting its quantitative tightening (QT) on hold.

Bitcoin’s price action has entered a decisive phase, with both on-chain and off-chain signals painting a picture of fragility and potential volatility.

Bitcoin’s market share has dropped to 55% from highs of over 62% this summer, marking a seven-point decline similar to past cycles where altcoins such as Ethereum and Solana captured investor attention.

Bitcoin’s dominance over the crypto market has taken a sharp turn, slipping to 59.2% and breaking below several key technical levels. This decline could be a major turning point, signaling that the long-awaited altcoin rally is about to begin.

The Altcoin Season Index dropped to 13 this June, its lowest point in two years, signaling that Bitcoin continues to significantly outperform the vast majority of altcoins. The decline is part of a recurring mid-year seasonal pattern that has historically seen a shift in market dominance toward Bitcoin.