Bitcoin and XRP Face Pivotal Moment as Crypto Markets Brace for Volatility - June 10 Analysis

Crypto traders white-knuckle their portfolios as BTC and Ripple show make-or-break technical patterns.

Market psychology flips between greed and fear - because nothing says ''mature asset class'' like 20% daily swings.

All eyes on Bitcoin''s $70k retest while XRP bulls pray the SEC doesn''t wake up on the wrong side of bed again.

XRP price at crossroads as Ripple bolsters Asia-Pacific investment

Ripple (XRP) is slowly losing its grip on the uptrend printed on Monday, following last week''s sell-off. The faltering trend can be attributed to the lack of conviction in the recovery eyeing gains toward $3.00 and lethargic sentiment surrounding the token.

AI tokens hold gains as Meta agrees to pay $15 billion for 49% stake in Scale AI

Meta Platforms Inc (NASDAQ: META) is reported to have agreed to pay $15 billion toward the acquisition of a 49% stake in the data labeling startup Scale AI. Based on reports emerging on Tuesday, Meta could strengthen its position in the artificial intelligence (AI) sector, currently dominated by other Big Tech companies, including OpenAI, Nvidia and Microsoft. 

Bitcoin lags S&P, Ethereum is pumping up with new money

The paths of Bitcoin and US stock indices seem to have diverged in June. The S&P 500 rose for several consecutive trading sessions thanks to the de-escalation of trade conflicts, the strength of the US economy and positive corporate reporting. The first digital coin came under pressure due to capital flowing to Ether, doubts about the effectiveness of new stablecoins legislation and conflicts of interest.