Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) are trading under pressure on Tuesday as bearish sentiment in the broader cryptocurrency market lingers.
Bitcoin (BTC) continues its price correction, trading below $86,000 at the time of writing on Tuesday, marking its fifth consecutive day of decline. Mixed sentiment is seen among institutional investors, as Spot Bitcoin Exchange Traded Funds record outflows while Strategy adds BTC to its reserves.
Ripple (XRP) is holding ground slightly below $2.00 at the time of writing on Monday amid a generally bearish outlook across the broader cryptocurrency market.