Traders rotated to Monero (XMR), Zcash (ZEC) and Railgun (RAIL) as bitcoin, ether remain stuck under key resistance levels.
Bitcoin stalls below $92,000 as privacy coins rally; crypto miners surge on Meta AI news
Traders rotated to Monero (XMR), Zcash (ZEC) and Railgun (RAIL) as bitcoin, ether remain stuck under key resistance levels.
Shares:
XRP needs to reclaim $2.20 and break $2.23–$2.24 to regain upward momentum, as technical indicators remain bearish.
Stronger Bitcoin strategy drives revised forecasts of $46M revenue and $32M operating profit, though shares fall sharply.
Bitcoin and ether extended losses alongside weak equities, while oversold signals offered a tentative glimmer of hope for battered altcoins.
The bitcoin treasury company's market cap has tumbled below the value of its BTC holdings.