๐ Market Sentiment & Major Moves
Market Sell-off: Bitcoin dropped about 0.5% to ~$113,840, while Ethereum slid ~2.7%, as nearly $863M in liquidations were triggered in late July / early August .
Ethereum Pullback: ETH fell sharply 5% in 24 hours, dipping below $3,450 before settling around $3,500. Analyst Tom Lee remains bullish, predicting ETH could reach $15K .
XRP Slides ~9%: Rippleโs XRP dropped from $3.02 to near $2.75, driven by institutional selling. Short-term support was seen around $2.75, though resistance remains below $2.84 .