Monero hit a new all-time high of $598 on Monday as interest in privacy-focused coins grows. Retail traders lean into risk as XMR’s derivatives market strengthens, with futures Open Interest swelling to $177 million.

Ripple is trading downward toward $2.00 at the time of writing on Monday, weighed down by declining retail interest. Despite steady inflows into related Exchange Traded Funds, XRP faces increasing downside risks that could push its price below $2.00.

Bitcoin holds above $90,000 after briefly trading beyond $92,000 amid a DoJ criminal investigation into Fed Chair Jerome Powell. Ethereum remains range-bound between $3,000 support and $3,300 resistance, weighed down by declining retail demand.

Bitcoin is trading below $91,000 at press time on Monday, struggling to hold above the 50-day EMA at $91,548. A steady outflow from US spot Bitcoin Exchange Traded Funds (ETFs) reflects weakened institutional demand, risking a decline in market sentiment. 

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin (BTC) 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 (ETFs) have recorded net outflows so far this week.