Solana, XRP, ETH Price News: Extend Losses as Bitcoin’s $91K Support Back in Focus
Bitcoin hovered near $92,000 as key support at $91,000 remains crucial, while Solana and XRP extended their recent losses.Summary
Bitcoin traded around $92,000 after failing to break $93,000, reinforcing a short-term pattern where sellers defend the mid-$93,000s and buyers support near $91,000. A break below $91,000 could expose $90,000–$90,500 support, while reclaiming $93,200 is needed to invalidate the downtrend. Major altcoins extended losses, with Solana slipping 4% and XRP nearly 5%, though Ether showed modest gains over the past week. ETF flows indicated a rotation, with spot Bitcoin products seeing outflows while Ether funds recorded inflows. Macro uncertainty increased following weaker-than-expected U.S. ADP payrolls, leading to volatility as traders priced in a higher probability of a December rate cut. Analysts suggest range-bound, volatile trading will continue until Bitcoin decisively breaks above $93,000 or below $90,500, despite positive institutional news like Vanguard opening crypto ETF access.
(Source：CoinDesk)