The cryptocurrency market is grinding higher on Thursday, with Bitcoin (BTC) and Ethereum (ETH) posting minor gains as sentiment improved after a United States (US) court ruled against President Donald Trump's tariffs.
Bitcoin (BTC) hovers above key support at $108,000. Analysts at Bitunix warn that a price crash could occur, citing the potential for a liquidity sweep below this level following last week's large-scale liquidations in BTC derivatives markets.
Ripple (XRP) price hovers at around $2.31 on Monday, extending its gradual drawdown from last week’s high of $2.65, as the broader cryptocurrency market swings between gains and losses amid shifting investor sentiment.