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Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.
Ripple (XRP) is gaining momentum above $1.50 at the time of writing on Wednesday, as the cryptocurrency extends stability following the cooldown from last week’s rally.
Bitcoin trades lethargically on Wednesday, with bulls battling to defend the immediate $83,000 level as immediate support. Ethereum trades in tandem with Bitcoin. Ripple, meanwhile, hovers near $1.50,
Bitcoin consolidates near $83,000 on Wednesday after bulls failed to close above the key $85,000 level earlier this week. Rising US Treasury yields and key macroeconomic data releases this week are keeping BTC investors cautious.
Pi Network edges above $0.0910 at press time on Wednesday, advancing the mild recovery from the previous day. The PI futures Open Interest shows a positional buildup, possibly supporting a rebound amid broader market risk-on sentiment.
