Crypto Market Snapshot: BTC Holds $88K as Large Caps Stabilize

Bitcoin is trading near $88,000 as the global crypto market shows signs of stabilization: total market capitalization is around $3.06 trillion and 24-hour volume near $114 billion (CoinGecko). Bitcoin dominance remains elevated at ~57%, while stablecoins account for roughly 10% of market cap—conditions that favor selective rotation over broad alt rallies. Market behavior is described as “stabilization with churn”: majors are mostly green on the day but several remain down on the seven‑day window. Key price levels and short-term scenarios: - BTC: trading near $88,083; 24h range $87,180–$88,763; 7d range $86,319–$91,178. Bull case: reclaim above $91K for trend continuation. Base case: chop between $86K–$91K. Bear case: breakdown below mid $86K risks deeper drawdown. - ETH: near $2,909; 24h range $2,879–$2,948; 7d range $2,802–$3,108. Holds a $3,100 level as key upside pivot; failure to hold high $2,800s risks further weakness. - XRP: near $1.89, compressing in $1.82–$1.97 weekly band ahead of possible volatility expansion. - BNB, SOL, ADA: all showing short-term stabilization but remain down on the week; key ranges noted for trade references. Microcaps show large dispersion: top 24h winners include AXL, BNKR, WHITEWHALE, PURR, BTR (all +30%+); top losers include GXC, RIVER, SPACE, SXP, TAIKO (notable drawdowns). Traders should watch BTC dominance, BTC/ETH range breakouts ($86K–$91K and $2.8K–$3.1K), and heightened microcap volatility for short-term trading opportunities. Implication for traders: elevated BTC dominance keeps market conditions selective—expect continued chop among large caps and high dispersion in small-cap tokens until clear weekly-range breakouts occur.