BTC rises to $77,000 after holding $75,000 support, but negative funding, unchanged open interest and cautious positioning signal a lack of conviction.

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While its underlying network activity is subtly increasing, XRP is in a complicated state. According to on-chain metrics, the number of active users is getting close to 200,000, with recent readings of about 184,000.

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Bitcoin may be showing signs of movement, but the broader altcoin market continues to lag. The total altcoin market cap remains stuck below the $1 trillion mark, reflecting weak participation. At the same time, rising Bitcoin and Ethereum dominance have kept altcoin volume restricted, limiting upside potential.

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Bitcoin should get the largest allocation in nearly all crypto portfolios. Ethereum is also a must-buy for the sake of getting exposure to smart contracts.