Bullish weekend in focus as BTC, ETH, XRP build momentum
Bitcoin (BTC) trends higher for the second day, trading above $111,000 at the time of writing on Friday. The steady price increase from a weekly low of $106,666 mirrors a gradual sentiment growth across the cryptocurrency market.
Altcoins, including Ethereum (ETH) and Ripple (XRP), are signaling a modest bullish trend ahead of the weekend, supported by stable retail demand. Ethereum is holding above $3,900, while XRP is trading around $2.45 at the time of writing.
Data spotlight: Bitcoin bulls build on retail demand
The Bitcoin derivatives market has stabilized over the last two weeks, following the largest deleveraging event on October 10, which liquidated $19 billion in crypto assets. BTC’s futures Open Interest (OI) averages at $69…
