Bitcoin (BTC): 400% Surge There, XRP: Price Turnaround Incoming? Ethereum (ETH): Dominance Ensured

  • Intense selling pressure has been applied to Bitcoin as the market responds to a sharp 400% increase in trading volume, which is usually a sign of structural weakness and a prelude to volatility. Bitcoin had developed a strong bullish structure over the previous few weeks, emerging from a protracted consolidation zone and rising in the direction of $122,000.