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Selective rotation defines crypto trade as majors hold key levels
Crypto markets traded largely range-bound as investors rotated into selective high-beta tokens, while Bitcoin held $87,000 and Ethereum consolidated near $3,000.
Digital asset markets moved sideways over the past 24 hours, with price action reflecting cautious positioning rather than broad risk on sentiment. Bitcoin edged up 0.19% to reclaim the $87,000 level, while Ethereum slipped 0.39% but stayed close to $3,000, signalling stability in large cap tokens. Investor interest rotated into higher beta segments, including AI-linked assets, DeFi protocols, and select Layer 1 names such as Canton Network, 0G, and Zcash. Meanwhile, Layer 2 and PayFi tokens saw mild declines.