Bitcoin (BTC) and the broader crypto market declines in the early European session on Friday, with the top crypto by market capitalization sliding 3.2% in the last 24 hours, alongside Ethereum (ETH) and Solana (SOL), which dips 9% and 10%, respectively.
The cryptocurrency market inches higher, bolstered by initial optimism for progress in the ongoing trade talks between the United States (US) and China.
Ripple (XRP) edges higher after a broader flash sell-off on Thursday, which saw the cryptocurrency market capitalization drop 4% to $3.4 trillion. XRP has recovered to trade at around $2.17 at the time of writing on Friday after dropping 9% on Thursday.