XRP Rejected at $2.40 as Bitcoin Volatility Surges
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RAIN is today's top gainer, followed by M and HYPE.
Bitcoin’s price actions became significantly more volatile yesterday when the asset neared $95,000 only to be rejected and driven south by several grand before staging a comeback.
Several altcoins have posted some gains over the past day, including ETH, which has risen to $3,250, and BNB, which has tapped $920.
BTC Goes Up and Down and Up
The start of the year brought some gains for the bulls as the primary cryptocurrency quickly erased some of the late December 2025 losses and reclaimed the $90,000 level on Friday. It reaffirmed its position above that line during the weekend, as even the attacks from the United States against Venezuela couldn’t shake it up for long.
The business week began with another rally that pushed bitcoin to $93,000 by late Monday. Hours later, the cryptocurrency tapped a multi-week peak of almost $95,000 as the bulls seemed in complete control.
However, that changed throughout the trading day, and BTC slumped below $91,500 at one point after another rejection at $94,500. More volatility ensued, with bitcoin jumping to $93,800, where it was stopped and now sits just inches below $93,000.
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