Bitcoin (BTC) clawed its way back to nearly $82,000, staging a relief rally after dipping below $78,000 late Sunday, leading to a slight run-up in major tokens.
Ether (ETH), BNB Chain’s BNB, XRP and Cardano’s ADA rose as much as 3%, alleviating some losses from the past 7 days. The broad-based CoinDesk 20 (CD20) added nearly 4%.
Elsewhere, the U.S. Securities and Exchange Commission (SEC) delaying decisions on XRP, Dogecoin, and Litecoin filings. Bloomberg analysts had previously pegged Litecoin’s odds at 90%, Doge at 75%, and XRP at 65% for an ETF approval by year-end, yet the regulator’s hesitation is keeping the market on edge.
Traders still eye a pullback to the $74,000 level, and below, before an eventual push higher.
“Previously, a similar decline would complete a corrective pullback, attracting buyers,” Alex Kuptsikevich, FxPro chief market analyst, told CoinDesk in an email.
“However, the chances of such an outcome…