XRP, ether lead crypto losses as traders eye $70,000 bitcoin next
60-second summary
Bitcoin struggles to maintain $65,000 for a fourth consecutive day as traders weigh inflation concerns fueled by an oil price surge, awaiting Wednesday's U.S. inflation data release. XRP and ether lead crypto losses, while the market eyes a potential $70,000 bitcoin price, a milestone that could solidify its position as a safe-haven asset.
Bitcoin failed to hold $65,000 for a fourth day as an oil rally revived inflation worries before Wednesday's U.S. price data.