Ripple (XRP) rises above $1.37 at the time of writing on Wednesday, after testing a short-term support at $1.35.
The broader cryptocurrency market is stabilizing, with Bitcoin (BTC) holding above $76,000 on Wednesday and liquidations under $200 million over the last 24 hours. Venice Token (VVV), Lighter (LIT), and Algorand (ALGO) emerge as top performers as the broader market volatility softens.
Bitcoin (BTC) trades in red, slipping below $76,800 on Monday after losing nearly 6% in the previous week. BTC has been correcting sharply, posting its fourth consecutive day of losses, as spot Exchange Traded Funds (ETFs) recorded weekly outflows of $1 billion.