Crypto Market Holds Steady as Altcoins Trade Cautiously

The crypto market has maintained its steady pace, with the total market cap hovering around $2.17 trillion and Bitcoin price remaining above $63,000.

Despite some mixed signals, altcoins are trading cautiously after strong moves last week. Two factors from the US have given investors hope that interest rates might be loosened later this year: softer inflation numbers and weaker job data.

XRP is holding steady at $1.13, down 0.6% today. Although buyers stepped in strongly after the June low near $1.01, sending the price to $1.16 before profit-taking, they're struggling to push past that level now.

Ripple's XRP is still above $1.08, but indicators suggest consolidation rather than a strong push in either direction. The RSI is at 60.14, buyers remain in control, but it's not overheating. Stochastic is neutral at 52.86, pointing to consolidation.

Cardano has staged one of the strongest recoveries among major altcoins after bouncing from late-June lows near $0.14. ADA has reached a price of $0.1891 and buyers are still in control, despite momentum having cooled slightly.