Crypto Market Update: XRP Poised for Gains, Bitcoin Dips Below €80,000 as Cardano Holder Suffers Major Loss

The cryptocurrency market kicked off the new week with a mix of uncertainty and potential, signaling that it may be poised for volatility. On the positive side, XRP showed signs of recovery after hitting its lower Bollinger Band on the weekly chart. This suggests a possible 25% upside by year-end, while Bitcoin’s price dipped below €80,000, marking a new seven-month low against the euro. Meanwhile, Cardano (ADA) saw a dramatic instance of loss with an investor losing nearly all of his holdings in a single transaction.