Bitcoin (BTC) trades sideways amid peculiar macroeconomic factors, including geopolitical tensions in the Middle East, inflation fears and tariff uncertainty in the United States (US).
The adoption of cryptocurrency-related financial products, including tokenized treasuries, is on overdrive globally, with the focus now shifting to robust networks such as Ripple's XRP Ledger (XRPL).
Bitcoin (BTC) edges lower to near $104,600 at the time of writing on Thursday, while Ethereum (ETH) and Ripple’s (XRP) experience a decline in bullish momentum. BTC and XRP approach a crossroads at crucial support levels, while Ethereum is in consolidation, risking a bearish release of momentum.