Global #Consolidation Phase

Cardano (ADA) continues to consolidate near the $1 mark, exhibiting a sideways movement with no clear breakout to the upside yet.

​Ripple (XRP) is currently undergoing a consolidation phase that bears striking resemblance to its historic 2017 performance.

In a recent post on X, the analytics firm Santiment has shed light on a crucial Bitcoin metric: "Supply Held by Miners."

The PEPE memecoin has recently experienced notable volatility, with its price dropping by approximately 18.2% over the past three days. This sharp decline has brought PEPE close to a crucial support level, highlighting significant shifts in the token's price action and market behavior.

Analysts are speculating that Bitcoin, the leading cryptocurrency, may be on the brink of a significant price shift. Following a record 87-day consolidation period, there are growing murmurs of an impending breakout in the crypto community.