Bitcoin slipped to around $60,000 on Friday, erasing the gains it had built since the election 15 months ago. It then rebounded to above $65,000, suggesting selling pressure may have eased, at least for now. Ethereum and XRP also faced renewed selling, underscoring a broader crypto rout.
Prices for Bitcoin, Ethereum, and XRP have all tumbled in recent days amid a brutal crypto selloff. Markets remain highly volatile as investors reassess risk appetite and potential regulatory developments.
Analysts cautioned that the rebound could stall if macro conditions worsen or policy shifts weigh on risk assets. For now, the bounce offers limited reassurance to bulls awaiting a sustained recovery.
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