CoinDesk·4 min read·hard

XRP, ether lead crypto losses as traders eye $70,000 bitcoin next

S
Shaurya Malwa
XRP, ether lead crypto losses as traders eye $70,000 bitcoin next
AI Summary

Cryptocurrencies like Ether and XRP saw losses as Bitcoin struggled to break through the $65,000 resistance level. Market analysts are watching the $70,000 mark as a potential turning point for sentiment, while broader markets react to rising bond yields and oil prices.

Ether was the weakest major, down over 2% to $1,878, though it remains slightly higher over seven days. XRP fell almost 2% to $1.01 and is down almost 6% on the week, the worst of the group by some distance. Solana eased under 1% to $76 but leads the week at 3%. BNB slipped to $600 and holds a 2% weekly gain.

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