The cryptocurrency market has given up some of its gains after underperforming over the last 24 hours. Bitcoin, the leading cryptocurrency by market cap, tapped the $74,000 level on Wednesday but has now slightly retraced and trades around $70,000. XRP, the native coin of the Ripple ecosystem, has also been consolidating around the $1.40 region since the start of the week. While the derivatives and on-chain data have improved, risks remain due to the ongoing war in the Middle East after the United States and Israel attacked Iran on Saturday. XRP is currently trading at $1.40, down from the $1.43 recorded on Thursday.
Source: Read the original article
