Bitcoin accumulation from public companies has slowed significantly over the past month as macro pressures sent the top crypto's price tumbling, according to K33's head of research, Vetle Lunde, in a Tuesday report.
Ripple (XRP) recovery remains elusive, trading above $2.40 at the time of writing on Monday. The broader cryptocurrency market is heavily weighed down by risk-off sentiment, triggering a persistent sell-off.
Cardano (ADA) price slips 6%, trading below $0.58 at the time of writing on Monday, extending last week’s 10% fall. Weakening on-chain activity and rising short positions among traders signal growing bearish sentiment.