Crypto Markets Show Signs of Recovery Amid Institutional Selling
Crypto markets are showing signs of a potential recovery, but not all assets are created equal. Dogecoin (DOGE) is one such asset that's gaining traction, with bullish momentum divergence suggesting selling pressure may be fading.
The DOGE price has been trading near $0.070 at the time of writing on Tuesday, and whale accumulation and improving derivatives metrics suggest a bullish outlook. This could indicate a potential recovery ahead for Dogecoin.
Ripple (XRP), on the other hand, is struggling to gain momentum, hovering around $1.01 at press time on Tuesday. The price has extended a bearish bias and is currently holding above the 50-day Exponential Moving Average (EMA) at $1.09.
BTC also showed weakness as some institutional investors sold off their holdings. MARA Holdings sold off 23,093 Bitcoin for $1.627 billion in H1 2026 and Strategy offloaded 1,690 BTC last week for $108.6 million, leading to a bearish close.