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Bitcoin, Ripple & Crypto – European Wrap 22 October

Bitcoin, Ripple & Crypto – European Wrap 22 October

Bitcoin (BTC) declines more than 2% on Thursday, trading below $83,000 at the time of writing, threatening to erase its gains from earlier this week. Despite the pullback, institutional demand remains supportive, with spot Bitcoin Exchange Traded Funds (ETFs) recording a third consecutive day of inflows so far this week. 

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Ripple (XRP) is correcting toward $1.30 on Thursday, giving back early-week gains. Attempts to push recovery toward $1.40 failed, leaving buyers demoralized and sellers gaining ground. The path of least resistance remains downward, and the sell-off is likely to accelerate if bulls give up the $1.30 demand area.

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Bitcoin (BTC) trades around $82,000 on Thursday, leading a broader cryptocurrency market correction….

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