$XRP $BTC

XRP Slides 4% as Bitcoin Traders Eye $105K Resistance Level

The cryptocurrency market faced fresh volatility this week, with Ripple’s XRP leading the downside among major altcoins. XRP fell by over 4% in the past 24 hours, underperforming its peers as traders remain cautious amid broader market hesitation. The price decline comes as Bitcoin, the largest cryptocurrency, approaches a key resistance level near $105,000, creating uncertainty across the digital asset space.

XRP Dips Amid Broader Market Caution

At the time of writing, XRP is trading near $0.48, marking a notable drop from recent highs. The decline follows a week of muted momentum, with XRP struggling to regain bullish traction despite a generally positive macroeconomic environment. The drop is being attributed to profit-taking by short-term holders and reduced confidence in altcoins as Bitcoin approaches a critical juncture.

XRP's underperformance also reflects the ongoing legal uncertainty surrounding Ripple Labs’ court battle with the U.S. Securities and Exchange Commission (SEC). Despite partial victories for Ripple, the case continues to cast a shadow over XRP’s long-term prospects, causing traders to remain wary.

Bitcoin Nears $105K Resistance

Bitcoin’s price action has become a key focal point for the entire crypto market. After climbing steadily over the past two weeks, BTC is now testing the $105,000 level — a major psychological and technical resistance zone. Analysts suggest that a breakout above this level could trigger a new leg up in the bull cycle, potentially pushing BTC toward new all-time highs.

However, traders are exercising caution, with many reducing exposure to altcoins in anticipation of heightened volatility around this resistance. This cautious sentiment has contributed to XRP’s steeper slide, as investors prioritize liquidity and safety over speculative plays.