Crypto Market Shows Signs of Recovery Amid Macro Headwinds
The cryptocurrency market has shown signs of recovery this week, with Ripple (XRP) and Litecoin (LTC) experiencing price gains.
XRP has recovered to trade above $1.32 on Friday, despite a rise in Binance whale inflows. The bulls are slowly returning to the market as the dust settles from macro crosswinds and regulatory headwinds.
Litecoin (LTC) has extended its gains, exchanging hands at $55.00 on Friday, with a third straight session of recovery from the critical $50.00 support zone.
Bitcoin (BTC), however, remains resilient, trading above $78,000 despite institutional demand showing early signs of weakness.