Bitcoin (BTC) andGold(XAU/USD) are broadly retreating on Friday as investors reevaluate their positions after recent price gains. Bitcoin approached $81,500 earlier in the day but faced rejection, fueling the ongoing correction. Meanwhile, XAU/USD hovers below $4,600, following a 3% decline from the pair’s August peak of $4,697.
Ripple (XRP) extends lock-step trading for the third straight day on Friday, as support at $1.40 comes under pressure. The remittance token has remained largely in defense mode since last week’s 72% rally from $1.00 to highs around $1.70.
Dogecoin (DOGE) edges lower on Friday, as prices in the broadercryptocurrencymarket moderate following last week’s rally. The meme coin trades at $0.086, down nearly 14% from August’s peak of $0.100.
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