Bitcoin falls 0.7%, XRP loses 2%

Bitcoin falls 0.7%, XRP loses 2%

Bitcoin lost 0.7%, while crypto majors show mixed movements as low volatility appeared to return to the crypto markets, days after ETF optimism pushed prices up.

The biggest cryptocurrency by market value traded at $27,400 on Wednesday, apparently stabilizing around that level after losing support at $28,000 earlier this week. Ether lost 1.3%, Solana's SOL fell 3.5%, while Cardano's ADA and BNB Chain's BNB slipped 2% each in the past 24 hours.

Two Ripple victories in the past 24 hours led to XRP tokens becoming one of the few majors in green. The court case tilted in the payment firm's favor, while its Asia unit was awarded a license to offer key services in Singapore - bouncing prices.

In other news, Polygon's MATIC and Tron network's TRX rose 2%, on no apparent material catalyst. The tokens of lending protocol Aave fell 8%, plunging the most among the top hundred tokens by market capitalization.