Cryptocurrency Photo by SvetlanaParnikova on Shutterstock

Bitcoin, Ethereum, XRP, Dogecoin Surge As Trader Eyes $88,000 For BTC To Touch 'New Higher High'

Cryptocurrency markets are trading higher on Tuesday as attention turns to President Trump’s tariff announcements on Wednesday.

CryptocurrencyPrice   Gains +/-
Bitcoin (CRYPTO: BTC)$85,082.96+2%
Ethereum (CRYPTO: ETH)$1,905.15+3.3%
Solana (CRYPTO: SOL)$126.83+0.6%
XRP (CRYPTO: XRP)$2.13+0.6%
Dogecoin (CRYPTO: DOGE)$0.1720+2.6%
Shiba Inu (CRYPTO: SHIB)$0.00001274+1.9%

Notable Statistics:

  • IntoTheBlock data shows large transaction volume increasing by 79.5% and daily active addresses up by 29.5%. Transactions greater than $100,000 are up from 6,309 to 10,147 in a single day. Exchanges netflows are down by 388.9%.
  • Coinglass data reports 86,684 traders were liquidated in the past 24 hours for $240.13 million.
  • Crypto chart analyst Ali Martinez noted that more than 21,000 Bitcoin have been moved to exchanges in the past 96 hours.

Notable Developments:

Top Losers:

CryptocurrencyPrice   Gains +/-
DeXe (CRYPTO: DEXE)$13.62-24.6%
Story (CRYPTO: IP)$4.71-6.5%
Four (CRYPTO: FORM)$2.26-5.2%

Trader Notes: Crypto trader Jelle notes that Bitcoin is forming its first higher low in over two months.

A breakout above $88,000 would confirm a higher high, shifting the market structure bullish.

The key target is reclaiming the low $90,000s, where momentum could accelerate significantly.

Andrew Crypto highlights a critical diagonal resistance for both Bitcoin and Ethereum, suggesting that a clean break could lead to further upside relief.

Crypto trader Ansem expects Bitcoin to bottom in Q2, followed by a sideways range until year-end.

His long-term target stands at $250,000 by 2028.

In the short term, he is cautious, watching key support and resistance between $66,000 and $72,000.

In case a recission hits, the worst-case scenario is $50,000. However, the bearish view gets invalidated if BTC shows high time frame strength above $95,000.

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Image: Shutterstock

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