Dex-Trade Weekly Market Analysis: Key Crypto Trends for February 3–10, 2025

This week, the cryptocurrency market displayed mixed performance, with Bitcoin stabilizing around $97K after recent volatility. Ethereum and XRP held their positions, while altcoins like Solana, Cardano, and Dogecoin saw fluctuations with varying support levels. Investor sentiment remains cautious as traders watch for new market catalysts.

Let’s analyze the weekly performance of key assets: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, Cardano (ADA), and Dogecoin (DOGE).

 

Bitcoin (BTC)

Bitcoin saw slight fluctuations this week, reaching a high of $97,561 before correcting to $96,947 by week’s end, marking a -0.39% change. Despite brief volatility, BTC remains above key support at $96K, signaling a potential stabilization before its next major move.
BTC Price Chart

 

Ethereum (ETH)

Ethereum traded within a narrow range, testing highs near $2,661 but closing the week at $2,650, showing minimal change (-0.01%). While ETH remains resilient, the market awaits stronger catalysts for a potential breakout.
ETH Price Chart

 

XRP

XRP experienced slight downward pressure, starting the week at $2.43 and dipping to $2.41, reflecting a -0.50% decline. Price action remains relatively stable, with traders awaiting a decisive move.
XRP Price Chart

 

Solana (SOL)

Solana saw fluctuations throughout the week, peaking at $205.95 before correcting to $202.42, a -1.08% decrease. SOL continues to trade within a consolidation phase, with potential for increased volatility ahead.
SOL Price Chart

 

Dogecoin (DOGE)

Dogecoin remained mostly stable, starting at $0.2508 and closing at $0.2505, reflecting a -0.18% shift. Despite slight selling pressure, DOGE maintains support near $0.2489, hinting at possible accumulation.
DOGE Price Chart

 

Cardano (ADA)

Cardano saw minor pullbacks, dropping from $0.70 to $0.6814, marking a -0.57% decline. Increased trading volume at lower levels suggests a potential bounce if market sentiment improves.
ADA Price Chart

 

Conclusion

This week, the crypto market remained stable despite mild corrections, with Bitcoin maintaining support at $96K. Ethereum and XRP held steady, while Solana, Cardano, and Dogecoin traded within tight ranges. Traders are now eyeing macroeconomic events and market sentiment for further direction.

Stay updated with Dex-Trade for the latest crypto insights and trends!