Crypto Prices Stumble as Near Protocol and Ripple Fall
Near Protocol's price has taken a hit, dropping below $5.00 on Thursday due to an exploit on its Near Intents services. This incident affected deposits and withdrawals across 11 crypto networks, causing the price correction. The Near Protocol uptrend had been going strong, but this setback has put a temporary halt to its progress.
Ripple's price has also seen a decline, falling below $1.50 on Thursday. This dip in price aligns with the recent struggles faced by major assets Bitcoin and Ethereum. Bitcoin is currently trading above $83,000, but its upside is capped at $85,000, while Ethereum hovers between $2,600 and $2,700.
Ethereum's price remains relatively stable, trading above $2,600 on Thursday. However, its upside is capped at $2,700, and a higher limit is set at $2,800. This price range mirrors the broader crypto market's price action, with Bitcoin struggling to regain momentum above $83,000.