Ripple's XRP fell sharply on Thursday, breaking below a crucial support level and raising the risk of a deeper pullback toward $2.05, as bearish technical momentum outweighed strong institutional inflows into spot ETFs.

Major cryptocurrencies advanced on Thursday, with tokens such as Cardano's ADA and Ether (ETH) rising as much as 5% as Bitcoin briefly climbed above $93,000. Analysts cautioned, however, that the move could be a short-lived "false breakout" in a still volatile market.

Oil prices saw a modest increase as Ukrainian forces targeted Russian oil infrastructure, raising concerns over export disruptions. However, unexpected rises in U.S. crude inventories tempered market optimism, highlighting persistent demand weakness.

Silver prices fell on Wednesday, retreating from the previous session’s all-time peak, as traders turned cautious ahead of key U.S. economic reports that could influence the Federal Reserve’s policy path.