Crypto Market Edges Higher: Bitcoin Tests $115K Amid Uncertainty

The cryptocurrency market is showing signs of resilience today, with most assets trading in the green. However, uncertainty lingers as Bitcoin tests the $115,000 level. Over the past 24 hours, bulls have gained a slight edge, pushing prices higher amid subdued volatility. Global geopolitical conflicts and trade barriers are fueling tensions, while the U.S. economy plays a key role in recent market movements. Investors are closely watching for developments that could sway the direction of digital assets. Bitcoin Flirts with $ 115,000 In the last day, Bitcoin’s price rose by about 0.8%, once again challenging the $115,000 mark. Sellers tried to drive it below $114,000—as reported in yesterday’s market analysis—but failed to gain traction. { "width": "100%", "height": "400", "symbol": "COINBASE:BTCUSD", "interval": "60", "timezone": "Europe/Amsterdam", "theme": "light", "style": "1", "locale": "en", "hide_top_toolbar": true, "allow_symbol_change": true, "save_image": false, "calendar": false, "support_host": "https://www.tradingview.com" } Volatility has been low, especially for Bitcoin, which is evident in the liquidation data. BTC saw $18 million in liquidations, while Ethereum led with $50 million. Overall, the market recorded around $146 million in liquidations, below average and signaling quieter trading in derivatives. Markets seem to be in a consolidation phase, awaiting more details on potential tariffs and the Federal Reserve’s interest rate policy. According to Polymarket, there’s a 75% chance of a 25 basis point rate cut in September. Altcoins in Green, But Nothing Spectacular A glance at the cryptocurrency heatmap reveals most altcoins in positive territory, though large-cap gains remain modest. Ethereum experienced some ups and downs but ended up 2.6% higher, a win for the bulls. Other leaders like DOGE, XLM, SUI, SOL, LINK, and BNB followed suit, rising between 1% and 5%. Among the top 100 coins, POL led the pack with a 9% surge, followed by Ethena (ENA) at 8.3% and Mantle (MNT) at 5.8%. Overall, the altcoin rally feels steady but far from explosive, reflecting the broader market’s wait-and-see approach.

Het bericht Crypto Market Edges Higher: Bitcoin Tests $115K Amid Uncertainty is geschreven door Immanuel Rodulfo en verscheen als eerst op Bitcoinmagazine.nl.