Profit-Taking Looms for Major Cryptos Like BTC, ETH, and DOGE Even Amid Easing Economic Conditions

Crypto Market Cools as Traders Take Profits, Even as Fundamentals Strengthen

Major crypto assets saw a wave of profit-taking on Thursday, signaling potential short-term exhaustion even as broader adoption trends and macro tailwinds continue to support the market.

Bitcoin remained relatively stable, trading above $107,000. However, several altcoins flashed red, with Dogecoin down nearly 4% to $0.19, Tron’s TRX slipping 5.5% to $0.27, and losses of up to 3% across XRP, BNB, Solana, and Cardano.

Ether, which led the market in recent sessions on the back of strong ETF inflows and a surge in bullish options activity, pulled back after briefly crossing the $2,800 mark.

“Many assets are approaching resistance, and it’s natural to see traders secure gains here,” said a market strategist. “But the broader narrative remains bullish.”

Indeed, momentum continues to build beneath the surface. Institutional flows are rising, ETF demand remains solid, and upcoming stablecoin frameworks are drawing increased interest from both traditional finance and crypto-native players.

“Circle’s IPO was a big psychological shift,” said Augustine Fan, Head of Insights at SignalPlus. “We’re also seeing a steady drumbeat of firms adopting BTC treasury strategies, while platforms like Plasma are pushing the envelope on stablecoin infrastructure.”

On the macro front, the environment has become notably more favorable. Softer U.S. inflation data and signs of progress in U.S.-China trade negotiations have reduced near-term economic uncertainty, boosting risk appetite.

Jeffrey Ding, Chief Analyst at HashKey Group, noted, “We’re entering a more stable macro phase, and digital assets are well-positioned to benefit as regulatory clarity and institutional alignment increase.”

Thomas Perfumo, economist at Kraken, echoed this view, emphasizing crypto’s shifting role in global portfolios.

“Crypto is increasingly acting as a hedge in the face of real yield volatility,” he said. “Spot ETFs are soaking up supply faster than projected, reinforcing the market’s structural strength.”

Despite some short-term selling, analysts agree the long-term thesis for crypto remains intact — supported by fundamentals, macro momentum, and deepening institutional participation.