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Algorand jumps while Bitcoin and XRP stay range-bound

Algorand jumps while Bitcoin and XRP stay range-bound

Bitcoin failed to hold its weekend move near $79,000 as traders weighed the latest FOMC decision, U.S.-Iran tension, and mixed altcoin action. 

Summary

  • Bitcoin rejected near $79,000 as traders stayed cautious after the Fed left rates unchanged again.
  • Iran peace talks affected risk appetite, limiting Bitcoin’s follow-through despite support near $78,000 this week.
  • XRP held its range while Algorand led altcoin gains with a strong daily advance.

The wider crypto market stayed calm, while XRP held near $1.39 and Algorand led daily gains.

Bitcoin traded near $78,402 after touching an intraday high of $78,963, according to live market data. The asset held above its…

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