|

Can Bitcoin (BTC) remain an example for altcoins to follow?

The last day of May seems to be bullish for traders as all of the top 10 coins are in the green zone.

Chart

Top coins by CoinMarketCap

BTC/USD

Bitcoin (BTC) has gained the least today from our list as the rate of the main cryptocurrency has risen by 4.59% over the last day.

BTCUSD

BTC/USD chart by TradingView

Bitcoin (BTC) has once again successfully bounced off the $34,000 mark, confirming bullish influence. However, the buying trading volume is at its lowest level, which means that bulls are not ready yet for sharp growth.

In this case, the sideways range between $37,000 and $38,000 is the more likely scenario for the next several days.

Bitcoin is trading at $37,045 at press time.

ETH/USD

Ethereum (ETH) has shown greater growth than Bitcoin (BTC) with a price change of +10.36%.

ETHUSD

ETH/USD chart by TradingView

The ongoing rise of Ethereum (ETH) is not accompanied by a growing trading volume, which means that bears may seize the initiative soon. If bulls can fix above the vital mark of $2,700, the level of $3,000 may be attained by the end of the week.

Ethereum is trading at $2,612 at press time.

XRP/USD

XRP is the biggest gainer today, rocketing by 15% since yesterday.

XRPUSD

XRP/USD chart by TradingView

XRP is an exception to the rule to a certain extent as the rise may continue, supported by increasing trading volume. If buyers can hold the vital mark of $1, the next level at $1.09 can be achieved very soon.

XRP is trading at $1 at press time.


Read full original article on U.Today

Author

Denys Serhiichuk

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis.

More from Denys Serhiichuk
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

XRP rebounds amid ETF inflows and declining retail demand demand

XRP rebounds as bulls target a short-term breakout above $2.00 on Friday. XRP ETFs record the highest inflow since December 8, signaling growing institutional appetite.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

World Liberty Financial recovers as community votes to unlock treasury funds for USD1 adoption

World Liberty Financial recovers over 3% on Friday, holding ground at a key support trendline. Community begins voting to unlock roughly 5% WLFI treasury funds to incentivize USD1 stablecoin adoption.

Crypto Today: Bitcoin, Ethereum, XRP rebound amid bearish market conditions

Bitcoin (BTC) is edging higher, trading above $88,000 at the time of writing on Monday. Altcoins, including Ethereum (ETH) and Ripple (XRP), are following in BTC’s footsteps, experiencing relief rebounds following a volatile week.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.