Cardano’s ADA Leads Majors Slide, XRP ETFs Get Another Boost: Crypto Markets News
Bitcoin (BTC) and other major tokens lost more than 3% as Tuesday’s rally was met with profit-taking during Asian morning hours Wednesday — in line with expectations.
Overall crypto market capitalization fell 3.3% in the past 24 hours, with BTC sliding to nearly $83,500 from a high above $84,200 a day earlier. Ether (ETH) and Cardano’s ADA fell as much as 5% to lead losses among majors.
XRP showed steady declines, with price action suggesting a plunge in the coming days. Fundamentals showed a positive bump, however, with exchange-traded fund (ETF) provider ProShares amending its spot XRP ETF (to be offered in the U.S.) filing on Tuesday — targeting a launch date of April 30.
Bitcoin selling by large investors has eased as they…
