The cryptocurrency market has slightly retraced following its earlier rally. However, Ripple’s XRP is the worst performer among the top 10 cryptocurrencies by market cap. The coin has lost nearly 2% of its value in the last 24 hours and is now trading around $1.41. However, XRP could resume its rally as sentiment across the crypto market broadly steadies amid the extension of the United States (US)-Iran ceasefire. Despite neither country having committed to a second round of peace talks, the ceasefire appears to be containing volatility in global markets. In addition, the Crypto Fear & Greed Index sits at 59 in ‘greed’ territory on Thursday, up from 23 last week and 8 in extreme fear territory in March.
Source: Read the original article
