Crypto Today: Bitcoin, Ethereum lose gains, XRP corrects on Monday, traders brace for $400 million unlocks

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Crypto Today: Bitcoin, Ethereum lose gains, XRP corrects on Monday, traders brace for $400 million unlocks
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Cosmos (ATOM) has been in a downward trend since its March 7 peak at $14.585.

Bitcoin erases 2% of its value on Monday and hovers around $67,000. Ethereum holds above $2,600, down nearly 3% on Monday. XRP trades near $0.55 as holders digest developments in lawsuit appeal and Elon Musk’s reaction to the altcoin. Bitcoin , Ethereum and XRP updates Bitcoin trades above $67,000 on Monday. The largest cryptocurrency by market capitalization lost 2% of its value on Monday even as Spot Bitcoin ETFs note seven consecutive days of positive flows.

daily chart ATOM could find support at the 10-day Exponential Moving Average at $4.582. In the event of a correction, ATOM could sweep liquidity at the October 10 low of $4.043. Market updates Stripe, a payments processing firm, finalized a deal to buy the stablecoin platform Bridge for $1.1 billion. Bitcoin reached closer to $70,000 on Monday. Traders speculate on the likelihood of the token’s return to its all-time high of $73,777.

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