Bitcoin (BTC) is stabilizing around $106,000 on Friday, following three consecutive days of correction that have resulted in a near 3% decline so far this week. The correction in BTC prices was further supported by the profit-taking activity of its holders, which has reached a three-month high.
Bitcoin (BTC) trades above $109,000 at the time of writing on Monday, recovering from Friday’s correction. The price recovery was fueled by US President Donald Trump’s announcement of a delay in the planned 50% tariff on European Union goods.
Ripple (XRP) price trades broadly sideways around $2.34 on Tuesday, marking its second straight day of minor declines. This tight, range-bound action coincides with the launch of cash-settled XRP futures on CME Group’s derivatives platform.