Bitcoin & ETH Takes Dip; XRP, SOL, ADA Slumps 5%
The price of Bitcoin has steadily decreased today with it dipping below $85k while ETH loses $2,000 support level and falls to $1,900 after a sharp decline. Coinciding both these leading crypto assets, large-cap alts like XRP, SOL and ADA have also declined 5% in the past 24 hours.
Bitcoin price was trading above $87k earlier today but later losing the momentum, it fell nearly 3% from the daily high of $87,676 to as low as $84,880 in late trading hours. The downtrend is also expected to continue ahead of the last trading session of the week in U.S. stock markets.
At the time of writing, Bitcoin is trading around $85,000 – down 2% – with a 24 hour trading volume of $30.82 billion.
