But amidst the decline, Bitcoin Minetrix has emerged as a bright spot, hitting the $820,000 mark during its ongoing presale phase.XRP has closed in the red for four days out of the last five – and it looks likely to continue that poor run of form today.
Price has broken out of the ascending channel it was trapped in to the downside – with all signs pointing to another retest of support around $0.47.This increased volume could suggest the potential for a trend reversal – but more likely indicates the heavy selling pressure behind XRP’s recent slide.XRP isn’t the only crypto experiencing a downturn, with most major coins and tokens posting losses over the weekend., there’s a sea of red in the market, with Bitcoin sliding 1.
These factors have contributed to heightened volatility and a bearish sentiment, leading to a widespread selloff that has impacted both established and new coins.While traders are struggling with market-wide declines, some investors are using the dip as a buying opportunity to scoop up undervalued crypto assets.
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