Traders sell Ether, Solana, XRP rallies; Monero tops $640

TL;DR:

Analysts suggest macroeconomic conditions and stabilizing prices could support crypto markets in the medium term, with bitcoin potentially reaching $120,000 if sentiment improves.

Key Points:

Background:

Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

Why It Matters:

This development could influence BTC price action and market sentiment in the near term.