- Bitcoin hovers above $73,500 on Monday as institutional outflows aggravate the downside risk.
- Ethereum fluctuates near the $2,000 psychological level, hanging at a cliff edge.
- XRP trades at $1.33 on Monday, floating above the crucial support zone of $1.27.
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) edge lower under pressure on Monday after a steady decline over the last three weeks. US-Iran ceasefire extension dillydally fuels institutional outflows, adding further downside pressure on the crypto market.
Bitcoin hovers above $73,000, risking a revisit to $70,000, while Ethereum stands at the edge of the $2,000 psychological support. Ripple follows suit after a bearish close on Sunday, abruptly ending the three-day recovery run.