Bitcoin trades around $77,000 as rising Middle East tensions weigh on sentiment.

Bitcoin ETFs saw $105.2 million in net outflows on Friday, while Ethereum ETFs reported $6.7 million in net outflows.    

Meme coin market capitalization is trading 0.7% lower to $34.4 billion over the past 24 hours.

Trader Commentary: 

Crypto chart analyst Ali Martinez said Bitcoin network activity has cooled sharply, with active addresses falling nearly 40% over the past two weeks.

The slowdown during consolidation suggests speculative traders are stepping aside, reducing weak-hand activity while supply increasingly shifts toward long-term conviction holders.

Ted Pillows warned Ethereum has dropped back below the key $2,100 level as spot demand weakens and whale selling pressure continues building.

The analyst said ETH is now showing relative weakness against Bitcoin, raising the risk of a fresh local low if momentum fails to recover quickly.

For XRP, Martinez said the token continues trading inside its parallel channel structure, with the mid-range near $0.73 emerging as a potential accumulation area if support holds.

Traders are closely monitoring the level for signs buyers could step back in during the broader market consolidation.

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