NKB Weekly Crypto Market [Video]
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Latest market news, trading news and outlook
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Official Trump (TRUMP) is trading at $3.50 at the time of writing, approaching its upper consolidation range. A breakout from this range could open the door for an upside move. On-chain data shows market indecision, with balanced flows between bulls and bears, signaling a lack of clear directional bias.
Bitcoin, Ethereum, and Ripple are trading sideways within consolidation ranges on Friday, signaling a lack of directional bias in the broader crypto market. BTC rebounded from key support, and ETH is nearing the lower consolidation boundary.
Optimism, Helium, and Arbitrum are leading losses over the last 24 hours, testing crucial support levels. Optimism remains under pressure as Coinbase’s Base chain pulls support from the Layer-2.
The Chicago Mercantile Exchange (CME) Group has announced plans to extend trading hours for its regulated cryptocurrency futures and options to 24/7, starting May 29, pending regulatory approval.
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.
Bitcoin (BTC) price slips below $67,000 at the time of writing on Friday, remaining under pressure and extending losses of nearly 5% so far this week.