The crypto markets are consolidating after a small rise as the bulls face fatigue following a minor surge. Bitcoin price surged above $88,000 but has settled above $87,000 despite the rising bearish activity. On the other hand, Ethereum sustains above $2000, while memecoins display some strength as DOGE, PEPE, and FLOKI maintain a strong upswing. However, Movement (MOVE), Story (IP), and Hyperliquid (HYPE) prices face a significant pullback. Meanwhile, some altcoins mentioned below surge with a massive margin, displaying a huge possibility of an extended ascending trend.
Meanwhile, the altcoins like XRP, AVAX, INJ, etc., and a few more are trying to recover from the previous day’s loss. On the other hand, PEPE, BONK, DOT, SUI, and a few more continue to maintain a strong ascending trend.
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