Cryptocurrency XRP fell by 4% per day

The cryptocurrency XRP XRP $2.42 XRP -0.89% Market capitalization $141.8 billion VOL. 24 hours $0.46 billion fell by more than 4% overnight, becoming the main outsider among major digital assets. The decline occurred amid a general cooling of the market after the rapid growth of the previous week. The total capitalization of the cryptocurrency market fell by 2% to $ 3.3 trillion.

At the time of the news, the cryptocurrency is trading 3.3% lower than 24 hours ago, at $ 2.4. The total capitalization of the coin reached $ 240.7 million, and traders made daily transactions with the virtual coin worth $ 5.6 million.

Bitcoin BTC $103,860.94 Bitcoin 1.47% Market capitalization $2.06 trillion VOL. 24 hours $2.02 billion remains in the $ 104,000 zone and continues to approach an important resistance level of 105,000. This threshold is considered both technically and psychologically significant. A local top is forming, which may indicate a possible correction, in particular due to a decrease in activity in traditional financial markets and profit-taking by investors.

The index of fear and greed in the cryptocurrency market decreased from 73 to 70 points, remaining in the «greed» zone, but showing a loss of momentum. According to analysts, the market still has the potential for gradual growth if external factors, including stock indices, do not give a negative signal. At the same time, whether bitcoin will overcome the 105,000 level remains in doubt.

There are also some shifts in the institutional approach to digital assets. Investors are increasingly perceiving cryptocurrencies as a tool for hedging risks, including geopolitical risks or risks associated with the instability of national currencies. This helps to maintain interest in the digital market in the medium and long term.

Despite the overall positive sentiment in the market, there are signs of fatigue among traders and increased caution. Further dynamics will depend on whether bitcoin can overcome key resistance, as well as on macroeconomic factors that will shape investment expectations in the coming weeks.