XRP trades at $1.2 amid downtrend, Hyperliquid slips below $80 after US futures application

The cryptocurrency market continues to struggle as major altcoins, including XRP, Hyperliquid (HYPE), and Stellar (XLM), face persistent selling pressure and declining prices. Over the past 24 hours, top altcoins lost an average of 5%, failing to sustain the brief recovery attempt seen the previous day. Market sentiment remains cautious as key support levels are repeatedly tested but not decisively broken. XRP has extended its decline, now firmly entrenched in a longer-term downtrend. During a recent move, the price broke through the important $1.2 psychological level and now trades around $1.2, according to current technical analysis.

Source: CoinTurk News