Bitcoin is trading near $73,500, attempting to stabilize around three-month lows after a prolonged selloff that has erased nearly half of the July-September rally. While equity markets are recovering from last week’s sharp technology-led selloff, helping to improve broader risk sentiment, bitcoin has so far struggled to participate meaningfully in the rebound. Sentiment remains fragile, and the risk of a weaker year-end performance cannot be ruled out as the macro backdrop becomes increasingly challenging for risk assets.

Ripple (XRP) trades around $1.06 on Wednesday, as its correction takes a breather, reflecting the broader cryptocurrency market calm after the storm sentiment. The remittance token sits above a solid support range from…