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Crypto Market Consolidation Continues as Bitcoin (BTC) Fails to Break Above $95K (Market Watch)

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Calm Before the Storm? BTC Stable at $102K Ahead of FOMC Meeting (Market Watch)


Bitcoin’s failure to produce a big move toward $100,000 continued in the past 24 hours as the asset seems stuck at around $95,000 without any indication of where the next fluctuation wave will take it.

The altcoins have also been quite sluggish lately, with minor losses dominating the chart on a daily scale.

BTC Stalls at $95K

The primary cryptocurrency managed to break through its previous consolidation phase at the beginning of last week, when it pumped above $86,000, which served as the upper boundary of that channel. In the following days, the asset flew past $90,000 for the first time in over six weeks and skyrocketed to just shy of $96,000 last Friday. This became its highest price tag in two months.

Although it failed to breach that level and retraced slightly during the weekend, it remained high above the $90,000 support. The only brief slip came on Monday when BTC dropped to $93,000 but quickly recovered the losses.

The bulls went on the offensive but were stopped on a couple of occasions ahead of $96,000 despite the substantial inflows into the BTC ETFs. As such, bitcoin continues to trade sideways at around $95,000, currently sitting just inches below it.

Its market capitalization has stalled at $1.880 trillion on CG, while its dominance over the alts is well above 61%.

BTCUSD. Source: TradingView
BTCUSD. Source: TradingView

Alts Slightly in the Red

Most altcoins have lost some traction over the past 24 hours. LINK, AVAX, and XRP lead the adverse trend from the larger caps, with losses of up to 3.5% in the case of Chainlink.

ETH, DOGE, ADA, SUI, SHIB, HBAR, and BCH are also in the red, albeit in a slightly less painful manner.

The biggest losers from the top 100 alts include yesterday’s top performer, VIRTUAL, as well as TAO and TRUMP. The meme coin related to the US president has faced a lot of controversy as of late, including reports that the team behind it had started disposing of its holdings amid the price rally.

The total crypto market cap has declined slightly by around $15 billion since yesterday to $3.065 trillion on CG.

Cryptocurrency Market Overview. Source: QuantifyCrypto
Cryptocurrency Market Overview. Source: QuantifyCrypto
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Cryptocurrency charts by TradingView.



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Bitget Wallet Partners With Coinpal to Let Users Spend Crypto at 6,000+ Online Merchants

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Bitget Wallet Partners With Coinpal to Let Users Spend Crypto at 6,000+ Online Merchants



Bitget Wallet, a non-custodial crypto wallet, has partnered with payments platform Coinpal to make it easier for users to spend digital assets across a wide range of online retailers.

The move connects Bitget Wallet users to over 6,000 merchants already working with Coinpal, which include businesses in gaming, electronics, fashion and software.

This partnership also brings Coinpal in as a channel partner for Paydify, Bitget Wallet’s decentralized payments infrastructure. Paydify enables crypto payments through QR codes and APIs, settling transactions in stablecoins instantly. The system aims to simplify crypto acceptance for merchants.

Bitget Wallet’s latest tools are part of a broader push to make crypto usable beyond speculation. Users can now pay via a ‘Scan to Pay’ feature and upcoming updates will allow integration with Solana Pay and national QR code systems in select countries — converting crypto to local currencies automatically and at low cost.

“Our work with Coinpal makes crypto payments more accessible,” said Bitget Wallet COO Alvin Kan. “We’re building tools that help people spend their assets in the real world.”

Bitget Wallet plans to expand this payment system into physical retail settings to further grow its ecosystem.





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Crypto’s optimism isn’t just hype. It’s a structural feature.

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The ‘worst quarter’ since the FTX collapse is finally behind us



Opinion by: Oleksandr Lutskevych, Founder and CEO of CEX.io

Bitcoin markets have consistently shown greater emotional resilience than traditional equities during multiple global shocks.

While some on Wall Street found this “impressive” during the “Liberation Day” sell-off on April 2, such optimism isn’t a glitch — it’s a pattern that extends across digital assets.

Let’s look closer at Fear and Greed Index dynamics in crypto and stocks. After Donald Trump announced tariffs on nearly all countries in April, the Stock F&G Index dropped from 19 to 3 — a more than 80% plunge and a three-year low. In contrast, the Crypto F&G Index declined from 44 to 18 — a 59% decrease.

Of course, these indexes aren’t identical. CNN’s Stock F&G Index tracks traditional sentiment through signals like VIX volatility, safe-haven demand and market breadth. The Crypto F&G Index relies on price momentum, volume and social sentiment metrics. Despite different inputs, both aim to measure the same thing: market emotion.

When viewed side by side during macro shocks, the contrast in mood becomes obvious. When macro winds turn cold, stock investors typically panic harder and recover more slowly than crypto investors.

May 2022 offers an illustrative example. On May 4, the US Federal Reserve raised interest rates from 0.5% to 1%, sparking recession fears that spilled into crypto. Then, on May 9 to May 13, LUNA and UST collapsed. Yet the Stock F&G Index fell 82% (to 4), while Crypto F&G dropped 62% (to 8).

Even while crypto was already under pressure and hit harder by LUNA’s collapse, which contributed to several bankruptcies within the industry, crypto remained less terrified than the stock market. Crypto sentiment took longer to rebound, however, due to the established bear market at the time.

Crypto’s inherent optimism is a strength, not a flaw

Some may call crypto’s optimism naive or irrational. In reality, it’s structural.

The volatility native to crypto recalibrated investor expectations. A 20% drawdown in equities is a bear market. In crypto, it could be a healthy correction. The scale and frequency of price swings conditioned crypto enthusiasts to better withstand market shocks.

There’s also a cultural divide. The stock market is built by and for institutions. It’s cautious and slow-moving. Crypto was born from rebellion and raised by retail, which rapidly shifts to new narratives.

Still, crypto’s optimism isn’t immune to erosion. As institutional influence grows and Bitcoin continues to correlate with equities, Wall Street fears are increasingly bleeding into the sector. During the tariff scare, sentiment recovery timelines were nearly identical across stocks and crypto — a possible sign of optimism erosion.

Even so, crypto optimism remains structurally sound.

The shield of crypto optimism

What protects crypto optimism is the presence of two dominant, and very different, groups.

The first — the believers — view crypto as the future. Within this group, Bitcoin (BTC) adopters tend to see it as a store of value and hedge. To them, short-term volatility is just noise, a distraction from the long-term vision. That perspective leads them to become long-term holders, unfazed by daily fluctuations.

Recent: Dogecoin traders predict 180% DOGE price rally if Bitcoin gains continue

Altcoin believers, meanwhile, draw strength from rapid innovation. New protocols, narratives and technologies keep the sector in constant motion. That ability to reinvent — and rebound — reinforces the idea that crypto is an ecosystem defined by momentum, not stagnation.

There is also a second group, which primarily consists of recent arrivals. They see crypto more as a speculative bet. They comprise many short-term holders and tend to be more reactive to news. 

When fear spreads, this second group primarily rushes for the exits, as shown by more frequent peaks in Bitcoin’s Binary CDD for short-term holders (STHs) than long-term holders (LTHs). This group is also more susceptible to the erosion of optimism.

If, however, this second group is the minority, as in Bitcoin, where LTHs control over 65% of BTC’s supply, then all these macro-related fears that creep into the space would have only a limited, short-term effect.

Beyond simple belief

The conviction of believers in a bright future is not based on blind faith but has a solid foundation. In Bitcoin’s case, this foundation rests on a firm, committed holder base, a fixed supply, and a clear, predictable monetary philosophy that stands out during periods of economic uncertainty. These aren’t speculative claims — they’re principles that have gained credibility over time.

Actions also backed this optimism. While markets panicked over tariffs in March-April, Bitcoin LTHs accumulated over 300,000 BTC. Liquidity strengthened, with 1% market depth ending Q1 at $500 million, indicating continued confidence and participation from market makers and investors.

Meanwhile, macro metrics such as global liquidity reached new highs. Multiple Bitcoin cycle indicators, including Pi Cycle Top, are far from flashing a top signal, fueling reassurance that there still could be room for upward movement.

These are just a few of the factors fueling crypto optimism, and more will emerge. Because optimism in this space isn’t temporary — it’s embedded. While fear drives headlines, crypto continues operating like a system preparing for something bigger. And so far, history supports that view.

Opinion by: Oleksandr Lutskevych, Founder and CEO of CEX.io.

This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.