Ripple(XRP) is trading at $1.06 on Monday, maintaining its position within a broader bearish trend. The token’s technicaloutlookcontinues to deteriorate, pressured by declining retail participation.
Once a goldmine for carry traders,Bitcoinfutures have flipped, consistently underperforming plain‑vanilla U.S. Treasuries every month since February.
Thecryptocurrencymarket remains weak on Monday, with Bitcoin (BTC) falling toward the nearest $62,000. Ethereum (ETH) andRipple(XRP) reflect the sell-off across altcoins, edging lower toward $1,800 and $1.05, respectively.
About The Author
