Shiba Inu falls 5% while Bitcoin maintains steady at $26,000 and Ethereum keeps $1,650

While Ethereum lost roughly 1% but held over the $1,650 level, Bitcoin was trading flat as it declined slightly but still managed to maintain above $26,000 levels.

On Tuesday, there was a tilt towards the downside as Bitcoin and other crypto tokens traded range-bound. Over the past six weeks, the protracted winter, legal proceedings, and regulatory activities have all put pressure on the market for digital assets. However, the token markets will also be influenced by macroeconomic signals.

The major crypto coins declined somewhat but managed to keep over $26,000 levels as Bitcoin traded flat and remained under selling pressure. Ethereum, its biggest rival, decreased by approximately 1% but stayed above the $1,650 mark. The altcoins had moderately downward price movement.

Following the recent dip in Bitcoin’s price, it is just holding above the $26,000 level, and the market appears to have found psychological support just above the $1 trillion market capitalization. Additionally, the crypto and terror index still has a score of 37/100, placing it in the fear zone.

Within weeks of its inception, friend.tech, a very intriguing product on Coinbase’s layer 2 BASE, has been producing close to $1 million in 24 hours, making it the third most valuable Dapp. The programme enables users of Twitter or X.com to build a private group where they may purchase celebrity “keys” for exclusive chat access.

Following the recent dip in Bitcoin’s price, it is just holding above the $26,000 level, and the market appears to have found psychological support just above the $1 trillion market capitalization. Additionally, the crypto and terror index still has a score of 37/100, placing it in the fear zone.

Within weeks of its inception, friend.tech, a very intriguing product on Coinbase’s layer 2 BASE, has been producing close to $1 million in 24 hours, making it the third most valuable Dapp. The programme enables users of Twitter or X.com to build a private group where they may purchase celebrity “keys” for exclusive chat access.