Bitcoin Stabilizes at $86K After Reaching $87K Peak; XRP Reclaims $1.50
Bitcoin reached an eight-month high of over $87,000 on Monday, fueled by significant ETF inflows, before cooling to around $86,000. The market saw a broad recovery following recent volatility caused by US legislative and Federal Reserve developments. Ripple's XRP reclaimed the $1.50 resistance level after a 4% gain, while Ethereum and BNB also showed notable market activity.
Summaries are written by AI from the original article. Not investment advice.