The cryptocurrency market upholds a neutral-to-bullish bias on Tuesday, with Bitcoin (BTC) edging closer to a breakout above $84,000. Altcoins mirror BTC’s outlook, with Ethereum (ETH) holding above $2,700 and Ripple (XRP) pushing past the reclaimed $1.50 level.
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) remain under pressure and consolidate at the time of writing on Wednesday after falling more than 3%, 4% and 9%, respectively, as the Clarity Act failed to advance in the Senate on Tuesday.
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) remain under pressure on Wednesday, with technical indicators suggesting early weakening momentum across the top three cryptocurrencies following massive gains in August.