Bitcoin, Ethereum and XRP defend key support on sixth day of Israel-Iran war, what to expect

#Market_Update

Bitcoin holds steady above $100,000 support, trades less than 10% away from all-time high.

☀️Ethereum consolidates above $2,400, a key support level, amidst moderate institutional capital inflows.

XRP trades rangebound for the third consecutive week, even as Ripple makes strides in partnerships and development.

☀️ Israel-Iran war failed to rattle crypto traders, sentiment remains “neutral” on Wednesday.

Bitcoin ($BTC ), Ethereum ($ETH ), and $XRP are holding steady above key support levels. The top three cryptocurrencies have weathered the geopolitical tension and macroeconomic events of the past week.

Bitcoin collected liquidity at $102,664 on Friday as the Israel-Iran war escalated, with the crypto King consolidating above this support level since then. Meanwhile, Ethereum and XRP price action has largely remained rangebound over the last six days, as cryptocurrency traders are not as rattled as the market would expect in the wake of Middle East tensions.

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