The cryptocurrency market remains under pressure, with Bitcoin (BTC) trading in the lower $68,000s at the time of writing on Monday, after correcting from its March peak of around $76,000.
Bitcoin (BTC) is trading below $71,000 at the time of writing on Thursday, down nearly 4% so far this week and slipping under a key support zone.
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) are showing early signs of recovery, having rebounded nearly 6%, 5% and 4%, respectively, so far this week. BTC and ETH are approaching a key technical hurdle, while XRP is attempting to build momentum after stabilizing near recent lows.