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Why is Bitcoin, Ethereum and XRP rally losing steam?

Why is Bitcoin, Ethereum and XRP rally losing steam?

Bitcoin (BTC) is back below $80,000 at the time of writing on Friday, after a second attempt at breaking resistance between $81,000 and $82,000. A daily close below $80,000 could raise the probability of an extended correction in search of liquidity.

Meanwhile, Ethereum (ETH) and Ripple (XRP) mirror Bitcoin’s cooling trend, with ETH sliding to $2,500 and XRP falling toward $1.40 support.

Despite the ongoing correction, institutional interest in digital risk assets remains high, suggesting a possible regime shift from a bearish to a broader bullish trend.

“BTC briefly traded above $81,000 before encountering resistance, but the market has shown little inclination to unwind the move,” Crypto Finance AG said in a Market Deep Dive,…

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