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Crypto Market Erases $100B Rally as Bitcoin, XRP Prices Slide

Crypto Market Erases $100B Rally as Bitcoin, XRP Prices Slide

Bitcoin, which briefly dipped below $75,000 for the first time since late August, played a central role in the crypto market’s sharp swings. Despite the price fluctuations, the top cryptocurrency ended the week down 2.5%, falling from $77,845 to $75,877. A similar pattern emerged across several other digital assets, which posted impressive gains during the post-election rally only to surrender them following the technology stock sell-off.

Zcash, Tron and Gold-Backed Tokens Defy Market Downturn

Some digital assets, including $XRP, suffered even steeper losses than bitcoin. Market data show that after briefly surpassing $1.32, $XRP reversed course and continued sliding into Saturday, when it touched a multi-week low of $1.15. The…

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