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What’s Moving the Crypto Market? 10x Research Explains
- Part one of a two-part Crypto Trends Chart Book by 10x Research addresses macro and asset-specific changes shaping investor behavior.
- Bitcoin falls below its 30-day moving average, signaling short-term caution, but strong institutional inflows and rising treasury allocations support long-term sentiment.
- Ethereum attracts inflows via ETF channels, but potential near-term volatility is suggested by large token transfers and high open interest.
- Solana sees optimism around ETF-related amendments, trading near $145 with institutional backing despite funding concerns.
- Cardano and Polkadot are reportedly considering shifting treasury assets towards BTC and stablecoins, reflecting a broader loss of confidence in their ecosystems.
- Avalanche faced heavy selling post-ETF delays but rebounded due to strong user activity; TON recovered from network congestion after a bond announcement and DeFi integrations.
- Tron benefits from supply cuts and stablecoin volumes, maintaining price stability; XRP's progress remains tied to the unresolved SEC case despite APAC investments and SWIFT-alternative narratives.
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