The top cryptocurrency market held by bitcoin core (BTC) has touched a triple bottom at $5,832 during the early morning June 24 trading sessions.
Also read: The Bitcoin-Culture Invasion: T-Shirts, Hats, Candles, Mugs, and More
Triple Bottom Achieved: What’s Next for Crypto-Markets?
As we mentioned above the last time prices were this low was back in February of this year and November 2017.
BCH markets are down 8.5 percent over the last 24-hours and 19 percent over the last week.
Ripple (XRP) markets are hovering around $0.45 cents per XRP as markets have lost 6 percent over the last 24-hours.
On-chain data shows the Bitcoin active addresses metric is forming a triple bottom right now. Here’s what happened the last time this pattern formed. 30-Day WMA Bitcoin Active Addresses Forms Triple Bottom Structure As pointed out by an analyst in a CryptoQuant post, the price of the cryptocurrency saw a sharp increase when this kind of triple bottom structure took shape back during the 2018-2019 bear market.
Cryptocurrency bears are still clawing away at digital asset prices on Sunday, June 24 as most of the digital currency market values are down between 3-12 percent over the last 24-hours. The top cryptocurrency market held by bitcoin core (BTC) has touched a triple bottom at $5,832 during the early morning June 24 trading sessions.
XRP price traded near critical support levels this week as the cryptocurrency attempts to recover from a recent market correction, according to market data. XRP price is trading around $1.91–1.93 today on major venues, with the Binance spot pair showing…
XRP-linked ETFs have surpassed $1B in net inflows, defying broader market dips. Ethereum sees significant downward pressure amid whale exits. Broad markets remain deteriorated due to liquidity crunches.
The XRP token stabilized after the Bureau of Labor Statistics published the latest jobs report. This report showed that the economy created 64k jobs in Nov.
XRP‘s price has fallen under $2 to price levels last seen in April, as selling pressure mounts across both derivatives and spot markets. According to CryptoSlate data, the Ripple-linked token slipped around 6% in the past day to about $1.
The pilot includes Optimism, Base, Ink, and Unichain as part of a multichain expansion strategy. Further chain launches are planned next year, subject to regulatory approval in the US. RLUSD has a $1.
Bitcoin slipped beneath the $86,000 mark on Monday, extending a short-term pullback that has erased late-November gains across major digital assets. XRP retreated more than 4% in the same period, as profit-taking and shifting institutional flows weighed on sentiment.
XRP price remained in a bear market and moved below the important support at $2, even as Ripple Labs made a major announcement on the RLUSD stablecoin.