Bitcoin Drifts Away From $31K, Ripple (XRP) Fails at $0.5: Market Watch

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Bitcoin Drifts Away From $31K, Ripple (XRP) Fails at $0.5: Market Watch
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Bitcoin's price is sliding toward $30K as bulls were unable to maintain the tempo above $31K.

Ripple Slips Away From $0.5

As seen in the below cryptocurrency heatmap, green is an exception today, with most of the altcoins trading well in the red.It’s worth noting that Ripple’s XRP is sliding away from $0.5 as the battle against the US Securities and Exchange Commission rages on. Elsewhere, today’s best performer so far is NEAR. This is because the NEAR Foundation partnered with Alibaba, asearlier today. The announcement saw the price skyrocket by more than 12%, but it has since retraced a bit, still up around 8% in the past 24 hours. APE is the second-best performer, gaining 5.2% on the day.

On the other end of the spectrum, there’s AAVE – it’s down 11%, giving back some of yesterday’s astonishing rally. Synthetix Network is a close second, with 9.3% in the red.

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