Crypto Market News: Quick summary: what shaped the crypto market this week
The crypto market never sleeps, and this week proved it once again. Between rallies, pullbacks, central bank decisions, and geopolitical tensions, Bitcoin and major altcoins kept us on edge. Here we highlight the most relevant events with a practical focus for traders and investors.
Bitcoin and altcoins: prices, trends, and key resistances
The market started the week with a bullish tone but quickly hit the institutional selling wall around $113,800 – $114,000. On the charts, that level coincided with an order block and Fibonacci’s golden zone, so a temporary rejection was to be expected.
Asset overview
- Bitcoin (BTC): pressure around $113K; shorts dominating at certain times.
- Ethereum (ETH): stable behavior, signs of accumulation by large players.
- Solana (SOL): high volatility; institutional buying detected on pullbacks.
- XRP: growing banking interest; strategic position in adoption scenarios.
In my live sessions, I saw how after losing the first liquidity structures, the price flushed shorts and bounced back: a classic example of institutional play on market liquidity.
Geopolitics and U.S. debt: how they impact crypto
JP Morgan’s CEO pointed out that global markets move tens of trillions daily and that long-term rates are not set solely by the Federal Reserve. I had already been noting that the U.S. public debt level forces systemic solutions: devaluing the dollar and finding refuge in alternative assets like gold and cryptocurrencies.
Public accusations from actors like Russia about shifting debt into the crypto and stablecoin ecosystem have fueled the debate, but the key point is that asset tokenization — from gold to Nasdaq stocks — is already underway and will reshape traditional supply and demand.
The role of banks and institutions: tokenization and silent adoption
While retail gets distracted by headlines, top-tier banking is building infrastructure: Bitcoin custody, crypto-based products for premium clients, and stock tokenization pilots in collaboration with players like Nasdaq.
From my banking contacts, I hear that the absorption is silent but steady: it’s not massive marketing, it’s market-building. That’s the difference between alarmist headlines and real institutional capital flows.
Technical analysis: Fibonacci levels, liquidity, and order blocks
Key technical summary:
- Pullback towards $113,800 (Fibo golden zone + order block).
- Possible temporary rejection before confirming bullish trend.
- Risk of retracement to $109,000 – $107,000 if institutional volume is lacking.
My live trading confirmed this: Asia bought early, Europe was weak, and America closed the day by liquidating positions. Reading volume and spotting liquidation zones remain essential to decide entries and exits.