The broader cryptocurrency market is facing a sharp downturn, with major digital assets such as BTC, ETH, and XRP posting significant intraday losses. These three big names have been showing an extended bearish sentiment in the cryptocurrency market, trading below key moving averages and support levels. 

Bitcoin, the largest cryptocurrency by market capitalization, generally called “Digital Gold,” is trading below the $65K, its key support level. Ethereum, the second-largest cryptocurrency by market capitalization, is down by over 5% over the past 24 hours and trading below the $2,000 psychological level. 

XRP, Ripple’s native cryptocurrency, is trading below the $1.35 immediate support level. According to the latest…