📉 Market Update: Bitcoin Defends $90K as Narratives Shift 🚀
The crypto market is seeing short-term pressure, but under the hood, development and capital movement remain strong. Here’s the quick breakdown 👇
🔹 Major Coins (24H):
• $BTC trades around $90,480 (-2.4%). The $90K level is the key battleground right now.
• $ETH sits near $3,126 (-3.8%) as markets price in the upcoming Fusaka upgrade, aimed at strengthening Layer 2 scalability.
• $XRP pulled back sharply (-6.4%) after an aggressive run-up.
🔹 What’s Driving the Market:
🏦 Institutional Momentum: Firms like Morgan Stanley and BlackRock continue ETF-related moves, keeping long-term demand intact.
🛠️ Ethereum Progress: A successful “Blob Parameters Only” fork is already reducing L2 costs — quietly bullish for the ETH ecosystem.
⚠️ Zcash Governance Shock: Core dev resignations have reignited debate around privacy coins and decentralized governance.
🔹 Sectors to Watch:
While large caps cool off, capital is rotating into AI, RWA, and Gaming tokens, where innovation and growth are accelerating.
So what’s the play — buy the dip, or do we test below $90K first? Drop your take 👇
#CryptoNews #Bitcoin #Ethereum #MarketUpdate #Macro
