Bitcoin (BTC) is down 0.5% on Monday, trading at $104,800 despite corporate firms Strategy and Metaplanet boosting their BTC holdings. Meanwhile, Hong Kong-based Reitar Logtech Holdings plans to purchase up to $1.5 billion worth of BTC to establish its Bitcoin treasury reserve.
Ethereum (ETH) trades around $2,640 on Thursday, with volatility expected from an upcoming $1.64 billion ETH options expiry on the Deribit exchange. The top altcoin could see over 95% of put options expiring worthless if prices remain at current levels.
Ripple (XRP) has been trading in a narrow range between $2.65 and $2.27 for nearly three weeks, with a bias toward the support level. The short-term technical outlook suggests that the current market value of $2.28 on Wednesday could pave the way for extended losses.