Cryptocurrency prices are showing signs of recovery on Friday, led by Bitcoin (BTC), which has reclaimed support above $112,000. Altcoins, including Ethereum (ETH) and Ripple (XRP), are edging higher, reflecting easing selling pressure.
Ripple (XRP) is trending higher on Wednesday, underpinned by key bullish movers, including easing cryptocurrency regulations in the United States (US) and adoption developments for the network’s flash payments platform.
Bitcoin (BTC) continues to lose steam, slipping below $115,000 at the time of writing on Tuesday, after retreating nearly 5% from last week’s record high of $124,474.