- Total crypto market cap reached about $3.06 trillion; Bitcoin traded near $87,900 while several altcoins outperformed.
- Bitcoin stayed range-bound roughly between $86,500 and $90,000, with support in the mid-$87,500s.
- Glassnode flagged on-chain reference levels: short-term holder cost basis $99,900; active investors mean $87,700; true market mean $81,100; realized price $56,200.
- Precious metals rallied strongly year-to-date, with silver up about 155% and Gold up about 72%.
On Sunday, total crypto market capitalization stood at about $3.06 trillion and Bitcoin traded in a tight band near $87,900, rising 0.5% to $87,872 as of 10:35 a.m. UTC. Ether gained 0.5% to about $2,939, while XRP climbed 1.1%, Solana advanced 1.3% to $124.70, and DOGE rose 1.3% to $0.1245.
Price action showed consolidation: bitcoin fell earlier in the session, found support in the mid-$87,500s and rebounded toward the upper range near $87,900. Each push higher met selling, and pullbacks were shallow—behavior consistent with thin weekend liquidity.
Analyst Michaël van de Poppe said on X that bitcoin remains between roughly $86,500 and $90,000 and that another test of the lower end would be important because repeated retests can weaken support over time. He added that failure to defend that area could see targets near $83,000 and $80,000, while a move above $90,000 and the 20-day moving average could be constructive toward $105,000.
Glassnode posted an update on X listing several on-chain levels: short-term holder (STH) cost basis $99,900; active investors mean $87,700; true market mean $81,100; realized price $56,200. Short-term holder cost basis = the average entry price of recent buyers. Active investors mean = the average price of coins that moved recently. True market mean = a deeper on-chain valuation reference. Realized price = aggregate on-chain cost basis of the supply.
Outside crypto, the Kobeissi Letter noted on X that silver is up roughly 155% year-to-date and gold about 72%. Author Fred Krueger wrote on X and described himself as “not much of a chartist,” commenting on the comparison between bitcoin and silver price moves.
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