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Home»Market»Cryptography market close to a summit, with the possibility of a slight decrease
Market

Cryptography market close to a summit, with the possibility of a slight decrease

May 18, 2025No Comments
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Over the past seven days, the cryptocurrency market varied between 3.26 dollars and 3.30 dollars, reaching 3.33 dollars billions after recovering from the lower end of the range. Among the main cryptocurrencies in the last day are the EOS (+ 11.7%) and Aave (+ 8.5%). Among the foreigners are XPR and Monero, who have shown a 1%drop.

Bitcoin increased by 2% in the last day, holding 104K as a key level. The positive factor is that the sellers have not yet managed to take control of the market. However, resilience at high levels can be temporary before the next rebound, and there is considerable pressure near the upper limit of the current beach. In other words, short -term perspectives suggest a decrease in current levels.

New context

According to deribit data, the BTC options are balanced, while the Put on Ethereum options have a slight bias.

According to TradingView, bitcoin minors have almost stopped selling their assets on the first cryptocurrency in recent weeks, preferring to accumulate parts in their record. This transition from sales to hoarding could be an important factor for the cryptocurrency market.

According to Dune, a week after the implementation of the major upgrade of Pectra, the number of intelligent account authorizations for EIP-7702 exceeded 11,000. This indicates a high interest in new features of exchanges, wallets and decentralized applications.




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