The cryptocurrency market has slightly retraced following its recent rally. Bitcoin has dropped to the $74,300 level, while Ether is trading around $2,330, down by more than 1% in the last 24 hours. Ripple’s XRP is also down by 0.5% since Tuesday and is now hovering around $1.35 per coin. It has failed to take out the $1.40 resistance level once again and could record further losses in the near term. XRP ETFs, derivatives gain on renewed investor interest XRP is down by less than 1% in the last 24 hours despite a mild return in risk appetite from both institutional and retail market participants.
Source: Read the original article
