Breaking news: Crypto panic strikes again as India’s banks are about to stop dealing with cryptocurrency related companies

XRP presses down on the 50-day EMA support as risk-averse sentiment spreads despite a positive start to 2026. XRP faces declining retail demand, as reflected in futures Open Interest, which has fallen to $4.15 billion.

Pi Network (PI) trades close to $0.2100 at press time on Friday, stabilizing after a two-day decline of nearly 2%. The PI token's trading volume steadily declines, while a surge in social dominance suggests a potential spike in retail interest.

Bitcoin holds $90,000 but stays below the 50-day EMA as institutional demand wanes. Ethereum steadies above $3,000 but remains structurally weak due to ETF outflows. XRP ETFs resume inflows, but the price struggles to gain ground above key support.

Bitcoin is trading lower toward $90,000 on Friday after encountering rejection at a key resistance zone. The price pullback in BTC is supported by fading institutional demand, as spot Exchange Traded Funds have recorded net outflows so far this week. 

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Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.