Crypto Markets See Consolidation and Recovery Amid Ongoing Momentum
Bitcoin remains in a high range near $80,000 after its strong move up from $63,000 in August. Despite multiple attempts to break above $81,000, it continues to trade around $79,960.
XRP is consolidating above the key moving averages, with support between $1.35 and $1.36, while Solana (SOL) has shown a clear recovery trend, gaining over 3% in the current session and trading around $106.50.
Hyperliquid (HYPE) continues its market outperformance, climbing over 4% to nearly $89, with its price well above all major moving averages.