The cryptocurrency market has broadly stabilised so far this week, following the turbulence that characterised price action the previous one and pushed Bitcoin (BTC) down to $60,000 on Friday.
Although volatility remains apparent, the Crypto King is trading around $67,000 at the time of writing on Thursday, weighed down by a sticky risk-off sentiment.
Altcoins, including Ethereum (ETH) and Ripple (XRP), are holding near key support levels as bulls attempt to detangle from bearish hands. Meanwhile, ETH is rising above $1,900, but remains below the $2,000 psychological threshold, underscoring a mild tailwind, while XRP eyes a short-term breakout past the immediate hurdle at $1.40.
