Bitcoin (BTC) is trading slightly above $58,000 on Monday after failing to recover from a 3.6% decline on Sunday.
Bitcoin price hovers around $58,000 after weekend's sell-off Bitcoin is trading slightly above $58,000 on Monday after failing to recover from a 3.6% decline on Sunday. Last week, exchange-traded funds tracking Bitcoin in the US experienced average outflows of $160.10 million, while on-chain data indicates negative signals, suggesting a bearish trend ahead. Ripple on the verge of breakout amid legal uncertainity The conclusion of the SEC vs.
Despite the court maintaining XRP’s status as a non-security, the ongoing concerns about a potential SEC appeal have weighed heavily on market sentiment. Judge Analisa Torres’s statement that Ripple may have violated federal securities laws has introduced uncertainty, making traders wary of further legal developments. As a result, XRP has dipped below the key psychological support level of $0.
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