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Latest market news, trading news and outlook
Author
Ben Sebley
NKB Group
Before joining NKB Group as Head of Brokerage, Ben Sebley was a top-ranked senior sales trader covering emerging market equities at Credit Suisse.
Bitcoin, Ethereum, and Ripple remain under pressure on Wednesday, with the broader trend still sideways. BTC is edging below $68,000, nearing the lower consolidating boundary, while ETH and XRP also declined slightly, approaching their key supports.
Cardano steadies at $0.28 on Wednesday after failing to break through a key resistance zone over the weekend. Mixed signals from the derivatives and on-chain metrics suggest that ADA’s short-term outlook remains uncertain, limiting the scope for a recovery.
Pi Network is trading above $0.1900 at press time on Wednesday, extending the weekly gains by nearly 8% so far. The steady recovery is supported by a short-term pause in mainnet migration, which reduces pressure on the PI token supply for Centralized Exchanges.
Decentralized Finance (DeFi) tokens, including Jito, Morpho, and Convex Finance, rank among the top-performing crypto assets over the last 24 hours. Jito dips on Wednesday after rallying 22% the previous day on the launch of a new mainnet node.
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.