Bitcoin, Ethereum and Ripple Suffer as Cryptocurrency Market Feels Pressure

The cryptocurrency market experienced a downturn in the past 24 hours with major coins such as Bitcoin, Ethereum, and XRP losing value. Bitcoin (BTC) dropped by 0.1%, bringing its price down to $89,617.09, while Ethereum (ETH) fell by 0.4% reaching $2,981.60. XRP (XRP) also experienced a decline of 0.5%, dipping to $2.15 per coin. These declines reflect the volatile nature of the crypto market as major coins enter the red zone. While Bitcoin, Ethereum and XRP are experiencing losses, other altcoins have taken the opportunity to rise.