Bitcoin is edging higher on Monday, pushing back above the 60k level after hovering around this key support zone for the past week. 

The largest cryptocurrency has stabilised around the psychological 60k level and the 2026 low after falling 6% last week, taking losses for June to 18.5%—its worst monthly performance since June 2022, when a string of crypto failures culminated in the collapse of Sam Bankman-Fried’s FTX. 

Ripple (XRP) pares losses and trades around $1.05 at the time of writing on Monday. The cross-border remittance token is attempting a recovery after last week’s sell-off, which intensified as the United States (US) and Iran exchanged fire.

Steady gains above $1.05 would affirm a bullish turnaround, given that Bitcoin…