The cryptocurrency market is having a breather following a poor start to the week. Bitcoin, the leading cryptocurrency by market cap, tapped the $66k level, adding more than 3% to its value in the last 24 hours. XRP, the native coin of the Ripple ecosystem, is also up by 3%, defending the $1.3 support level on Tuesday. The performance comes amid heightened volatility in the broader cryptocurrency market, accentuated by tariff-triggered uncertainty. Furthermore, investors in risk-based assets like Bitcoin and XRP remain on edge as the United States (US) trade partners brace for a fresh 10% 150-day temporary tariff.
XRP defends the $1.3 support amid weak ETF flows and retail demand
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XRP holds $1.30 support, trading around $1.30 and up about 3% on Tuesday. Bitcoin taps $66,000, rising more than 3% in the last 24 hours. ETF flows remain weak and retail demand subdued. U.S. trade partners face a fresh 10% temporary tariff set for 150 days.
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