Bitcoin’s price actions became significantly more volatile yesterday when the asset neared $95,000, only to be rejected and driven south by several grand before staging a comeback. Ripple’s cross-border token was among the top performers yesterday, having surged by double digits to a multi-month peak at just over $2.40 at one point. However, it was also stopped there and slipped to $2.20 before finding some relief at $2.28.
Bitcoin’s price action became notably volatile yesterday as it neared $95,000, only to be rejected and driven lower before staging a comeback. The moves underscore heightened volatility across major crypto assets as traders reassess risk and liquidity conditions. While Bitcoin showed sharp swings, Ripple’s bounce reflected continued interest in cross-border payments tokens and potential use cases driving demand.
Market participants will watch for further consolidation and a directional cue as levels near $95,000 and $2.28 hold or give way, which could set the tone for near-term momentum. Traders will be looking for a clear direction as the market tests key levels around these highs, and a sustained move could signal renewed momentum for risk assets in the coming sessions.
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