Doge, Xrp, Sol Show Price Bottoming As Bitcoin Traders Remain Optimistic

A General Decline, Profit-Taking, and Renewed Tariff Fears Over The Past Few Days Are Doing Little to Dent the Long-Term Optimism of Traders. Jun 2, 2025, 6:02 AM

Market Watchers Say that Majoor Tokens Areting Signs of Bottoming Out, Even As Geoplitical Tensions and Tariff Fears Continue to Cloud The Near-Term Outlook.

Bitcoin

Hovered AROUND $ 105,000 in Asian Morning Hours Monday, Slightly Changed in the Past 24 Hours But Down 5% Over The Past Week.

Ether

Xrp

Solana’s Sol

Cardano’s Ada

and Dogecoin

Showed Similar Price Action in The Past 24 Hours, with Signs of A Local Bottom Near Support Levels for All these Tokens, Indicating A Potential Rebound for InTradoy Traders.

“Bitcoin Hoivers Around $ 105k As Investors Remain Uncertain About Short-Term Macroconomic Events,” SAID Nick Ruck, Director AT LVRG Research. “Uncerty Armund Inflation, Tariffs, and The Us Economy Slowed Bullish Trends in Crypto, While Geopolitical Risks Have Also Pushed Investors To.

“We Remain Optimistic Over the Long-Term Outlook for the Crypto Industry, With More Institutions and Users Onboarding Evely Day,“ Ruck Adeded.

Trade Tensions Continue to Weight on Risk Sentiment. China Said Monday that US HAD INTRUDUCED NEW DISCRIMINATORY RESTRICPSIONS ON AI CHIP EXPORTS AND SOFTWARE Sales, and Vowed to Take Measures to Defend.

“Events over the Last Weekend Showed Just How Quickly Cryptocurrencies Could React from Even Even A SLIGHT ESCALIZATION IN TRADE WAR HOSTILITIES,“ Said Jeff Mei, COO TO BTSE, INTERLIC

Mei Said Traders Should Monitor AnnounCements from Both China and the us, as Well As A Potential Escalation in Russia-Ukraine Hostilities and Seveveral Key of USEING, INCONAZA DATA, USITA RELEASES THOSA RELEASES THOSA. Unemployment Numbers, and Remarks from Various Fed Officials.

“Currently Macro Developments Are Driving The Majority of Market Movements So it’s Dificult to Predict, But We Do See Large Institutes Continuing to Build Up. Sign, “Mei Added.

Meanwhile, Investors Have Been Diversify Into Tokens Like XRP and SOL, EVEN As Bitcoin’s Price Action Has Become More Aligned with Traditional Risk Assets, Which. Optimism.

Kathy Qu, Research Manager at Hashkey Cloud, Told Coindesk On Monday that “Trade Policy Uncertainty Drives Capital Into High-Growth Techs, But Savvy Invistors Crypto, Particularly Tradfi-Friendly Assets Like Bitcoin and XRP, WHERE ETF Optimism Grows. ”

She addted that stinging and defi remain Bright Spots in the Market, With Real-World Asset Tokens Seeing Strong Momentum and Ethereum etfs Poured to Benefeit from the Sec More Institute Participation in the Defi Sector.