XRP slumps as bitcoin once again falls back to $85,000 level after surge
XRP edged lower during a volatile session, but the decline came alongside sharply elevated volume — a signal that large players were active even as price struggled to hold key technical levels.
News background
- Crypto markets swung sharply Thursday following a softer-than-expected U.S. CPI print, which briefly lifted bitcoin above $89,000 during U.S. hours.
- That move faded quickly, however, with crypto once again lagging equities, which remained firmly positive on the day.
- The rapid reversal reinforced a pattern that has become familiar in recent weeks: macro-driven rallies in crypto struggling to sustain momentum as positioning thins and sellers reassert control.
- Within that backdrop, XRP remained under pressure after failing to reclaim…
