Ripple (XRP) is trading slightly below $2.50 at the time of writing on Thursday, after marking an intraday high at $2.52 buoyed by positive sentiment in the broader cryptocurrency market.
Bitcoin just made history twice in October: a new all-time high above $126,000, then its first negative monthly close since 2018. With BTC consolidating under $110,000 and momentum indicators turning bearish, traders are watching $103,500 support as the critical level.
Bitcoin (BTC) trades in green, above $115,000 at the time of writing on Monday, after rallying over 5% in the previous week. Institutional demand shows signs of strength, as spot Bitcoin Exchange Traded Funds (ETFs) record inflows of over $446 million last week.