Bitcoin Price Languishes as Top Cryptos Face Resistance Levels Amid Broader Risk-Off Sentiment

Bitcoin price has been stuck in a range for months, resulting in lower spot trading volumes on exchanges like Coinbase.

Investing legend Paul Tudor Jones believes geopolitical risks could drive a risk-off sentiment that would benefit Bitcoin.

Top cryptocurrencies like Ethereum, BNB, XRP, Solana, and Cardano are facing resistance at key moving averages, indicating continued bear dominance.

Support levels between $20,000-$25,000 seem to be holding for Bitcoin, but a break below could trigger a steeper selloff.

Altcoins like Dogecoin, Toncoin, Polkadot, and Polygon could see deeper declines if lower support levels are broken.