Ethereum and XRP have seen deeper selling. Ethereum slipped to about $2,925, while XRP fell near $1.83. Both assets had risen quickly in recent weeks, and traders appear to be locking in profits. When prices rise too fast, corrections tend to follow.
As Ethereum and XRP cooled, Bitcoin also dipped, though by a smaller margin. Ethereum and XRP have faced deeper selling after rapid gains in recent weeks. Ethereum slipped to about $2,925, and XRP traded near $1.83. Traders appear to be locking in profits as prices retreat.
Both assets had risen quickly in recent weeks, and traders are taking profits. When prices advance too rapidly, corrections tend to follow. The pullback in Ethereum and XRP coincided with a softer move in Bitcoin, which declined, though by a smaller margin.
Analysts will watch key support levels and on-chain signals for signs of a sustainable direction. The current pullback underscores ongoing volatility across the crypto market, where rapid gains can be followed by orderly or sharp corrections.
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