Bitcoin (BTC) Tanks Toward $80K, Ripple (XRP) Loses Key Support: Weekend Watch
BTC when published $80,866Now $80,617 ▼ −0.31% since it was published
Bitcoin’s adverse price movements that began with the rejection at $85,000 on Wednesday continue, with the asset sliding to $80,400 earlier this morning, perhaps due to the latest Trump comments on the war against Iran. Most altcoins have followed suit, with ETH dropping further below $2,400, and XRP seemingly losing the crucial $1.30 support. NEAR, BTW, PUMP, WLD, and DOT have slumped even more. Will $80K Hold? After the intense volatility experienced in the previous business week following the release of the CPI and PPI data, and BTC’s subsequent retreat to under $80,000, the cryptocurrency tried to rebound almost immediately and stood above $82,000 over the weekend.
First reported by CryptoPotato. This page is a short excerpt; the full text is theirs.
