Crypto
Bitcoin Slides Towards $78K as XRP Loses Crucial Support
Bitcoin's price was rejected at $80,000 on Friday morning, leading to a correction of over two grand. The cryptocurrency spent the previous weekend trading sideways between $77,000 and $79,000.
The bulls finally stepped up on Thursday, helping BTC halt the freefall and then surge to a new three-month high of almost $82,500. However, the same rejection scenario repeated and worsened after the stronger-than-expected US jobs report on Friday.
XRP has also slipped below a key support level, currently struggling at $1.39. In contrast, SOL has remained above $100 even after a 1.7% daily decline. BNB has reclaimed $750 after a minor increase.