As broader crypto markets consolidate after the recent drawdown, BTC fell as low as $54k and ETH is trading at more than a 3% discount than the previous day. While bulls are hopeful again after the recent relief rally in BTC from 49k to 57k, macros have not changed much after the Monday crash.
The major mover of the day remained XRP as it gained over 20% in the last 24 hours, pushing it to the league of top gainers among big crypto. The significant increase follows the resolution of the high-profile SEC vs. XRP case, which largely favored XRP. However, the settlement includes a $125 million fine and a ban on future violations.
