Bitcoin Is Currently Neither ‘Bullish’ or ‘Bearish,’ Traders Say

Major tokens seemed to stabilize on Friday morning following a week-long price drop.

Highlights

• Bitcoin hovered just over the $26,8000 mark after losing 3% in the past week.
• Ether (ETH) traded over $1,500 after a 5% weekly hit.
• XRP (XRP) and Solana’s SOL had dumped as much as 8%, while dogecoin (DOGE) had performed slightly better with a 3% loss.
• Other major tokens stabilized after seeing some losses: XRP, doge and BNB Chain’s BNB and dogecoins had dumped 8% in a week, while ETH (ETH), XRP and SOL (EPR) had dumped up to 8%.

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