Crypto Bulls Charge: Bitcoin, Cardano & Solana Face Make-or-Break Week in Asian Markets
Bitcoin hovers at a critical resistance level while Cardano and Solana test bullish patterns—just another manic Monday in crypto-land.
Asian traders wake up to sideways action as Bitcoin struggles to reclaim $65K. Meanwhile, Cardano’s ’death cross’ narrative gets debunked by on-chain data, and Solana’s NFT volumes quietly triple. Classic crypto: the louder the FUD, the harder the rebound.
Bonus jab: Wall Street analysts still can’t decide if this is ’digital gold’ or a high-risk casino—maybe it’s both.
Top 3 gainers Bittensor, Akash Network, Saros: AI tokens steady amid wider market consolidation
The broader cryptocurrency market is in a consolidation rut, with Bitcoin (BTC) holding above $94,000. However, select Artificial Intelligence (AI) tokens, including Bittensor, Akash Network and Saros, have remained steady in the last 24 hours. This positive outlook on AI tokens comes a day after United States (US) President Donald Trump attended the “Crypto & AI Innovators Dinner,” hosted by MAGA Inc. Bittensor (TAO), the token powering a robust decentralized network for collaborative machine learning, exchanges hands at $366 at the time of writing on Tuesday, down nearly 3% on the day but holding onto gains accrued in the past 24 hours.
Cardano Price Forecast: ADA builds bearish momentum amid on-chain weakness
Cardano (ADA) price hovers around $0.650 at the time of writing on Tuesday after falling nearly 6% over the last two days. On-chain data supports the bearish thesis, as funding rates are negative and network activity is falling. The technical outlook suggests a correction, as the momentum indicators, the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) show bearish signs.
Solana holds steady as DeFi Development Corp plans to acquire SOL validator
Solana (SOL) traded above $145 on Monday after DeFi Development Corporation revealed progress in its plan to acquire a Solana validator business for $3.5 million. The company claims that this move will allow it to self-stake all its Solana holdings and claim the staking rewards as part of its revenue.