Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) trade cautiously on Wednesday, assessing the next directional move following their recent price corrections. BTC consolidates around the key Exponential Moving Averages (EMAs), and ETH stabilizes above horizontal support around $2,067.
The rise in non-human activity and content across multiple domains, such as IT, content creation, and Fin-tech, is fueling the need for Proof of Human verification systems, like Worldcoin (WLD).
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are showing signs of near-term weakness as key technical resistance comes into play. BTC faced rejection at its 200-day EMA earlier this week and has slipped below the $80,000 mark on Friday.