Crypto Market Sees Bearish Trends Across Multiple Assets

This week has been bearish for many cryptocurrencies, including Ethereum (ETH), Ripple (XRP), Cardano (ADA), Binance Coin (BNB), and Hyperliquid (HYPE).

Ethereum lost 3% as its price dropped to $2,400, which could be tested soon. If it holds above this level, ETH has a chance to make higher highs, but any weakness below $2,400 may send the cryptocurrency lower.

Ripple's price plummeted by 9% after failing to break through the $1.6 resistance. XRP is now facing a key support test at $1.3, which could determine the momentum of its recent rally.

Cardano and Binance Coin also fell this week, with ADA losing 9% and BNB dropping by 2%. Both cryptocurrencies are currently testing support levels, with ADA at $0.20 and BNB at $690.