Bitcoin (BTC) continues to face massive selling pressure, with prices dropping below the $85,000 mark, marking a 12% decline since last Friday. The recent downturn has fueled panic selling and heightened fear, leading many investors to speculate about the potential start of a bear market. As uncertainty grips the market, traders remain cautious about Bitcoin’s next major move.
Ripple XRP price failed to recover above the $0.5050 resistance zone. The price is now moving lower and might gain bearish momentum below the $0.480 support.