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Cryptocurrency Market Stagnant as Bitcoin Awaits Breakthrough

Guavy AI Editorial Team
Instruments
BTC ETH XRP DOGE
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The cryptocurrency market experienced stagnation on Sunday as investors weighed ongoing U.S.-Iran negotiations and anticipated macroeconomic data.

Cryptocurrencies including Bitcoin, Ethereum, and XRP saw minimal gains or losses, with Dogecoin being the notable exception, gaining 0.70%.

Michaël van de Poppe, a cryptocurrency analyst and trader, believes that if Bitcoin breaks through the $84,800 resistance level, it could continue to grind higher towards $90,000 levels.

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