Ripple (XRP) experiences 9% weekly drop, Cardano (ADA) follows suit: Market Watch

By Lola Coin Jun 29, 202393Views

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Bitcoin’s price has remained solid above $30K, with the bulls successfully defending this key level. However, the broader cryptocurrency market has seen consolidation without any major movements. Ripple’s XRP and Cardano’s ADA have both experienced a decline of about 9% this week.

Key points:
– The cryptocurrency market has been mostly stagnant in the past 24 hours.
– Ripple’s XRP and Cardano’s ADA have both seen a 9% decline in price.
– Bitcoin has managed to stay above $30K, with the bulls successfully defending this level.

Hot Take:
Despite the overall consolidation in the cryptocurrency market, Bitcoin’s ability to hold above $30K is a positive sign. However, the decline in XRP and ADA shows that not all coins are performing well. It will be interesting to see how the market evolves in the coming days.

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