Bitcoin (BTC) trades at around $112,200 at the time of writing on Monday after a 2.66% correction last week. The weakening institutional demand also adds to the bearish pressure as spot Exchange Traded Funds (ETFs) recorded over $900 million in outflows.
BNB (BNB), formerly known as Binance Coin, edges slightly up and steadies at $1,000 at the time of writing on Tuesday after falling 5.2% the previous day. With institutional demand picking up, sideline investors looking for a buying opportunity could do so between the $900 and $948 range.
Ripple (XRP) is positioned above $3.00 on Friday, as bulls push to extend the uptrend, aiming for the record high of $3.66 reached on July 18.