Crypto
Bitcoin $40,000 and XRP $0.55 warning lights as altcoin slide risk grows
A forecast warns bitcoin could fall to the low $40,000s if it breaks below its current support zone around $59,000 to $60,000, potentially adding pressure on major altcoins including XRP. Katie Stockton of Fairlead Strategies said further selling could follow if Fibonacci support fails, though she remains bullish long term and sees bitcoin as oversold. Scenarios cited for XRP include declines to $0.71 to $0.74, or $0.55 to $0.65 in sharper selloffs.