Stock Market Highlights: Nifty forms higher high, higher low series. What should traders do next week

Major crypto tokens traded mixed with a negative bias on Friday. Bitcoin, Solana, XRP, Avalanche, Chainlink, Toncoin, and Internet Computer were trading in the red, while Ethereum, BNB, Cardano, Dogecoin, Polkadot, Polygon, and Shiba Inu were trading in the green.

At 11:30 p.m., Bitcoin was trading 0.5% lower at $51,229, while Ethereum was up 0.9% at $2,958. Meanwhile, the global cryptocurrency market cap fell 0.25% to around $1.95 trillion in the last 24 hours.

Even though BTC is currently showing range-bound price action, on-chain data based on LTH (Long Term Hodler) behavior suggests that there may finally be a pattern formation that has been historically linked to bull runs, said Parth Chaturvedi, Investments Lead, CoinSwitch.