PDAXScope: BTC dips, PENGU rallies, XRP slips

Bitcoin slips from near $80,000 as oil price increase weighs on risk assets (CoinDesk)

Bitcoin slipped from near $80,000 after struggling to stay above that level, as reported by CoinDesk. The dip came as oil prices moved higher, contributing to a broader dip in risk assets including cryptocurrencies.

PENGU Notches Double-Digit Gains as Bitcoin Hits $78K Amid $418M Liquidation Spree (Decrypt)

PENGU, the token tied to the Pudgy Penguins project, rose about 12.6% in a day, leading gains among altcoins as Bitcoin climbed toward $78,000, as reported by Decrypt. The move came during a broader market rally that also saw around $418 million in liquidations, helping push prices higher as traders betting against the market were forced to close positions.

Ripple-linked XRP slips amid bitcoin profit-taking, ETF delay (CoinDesk)

XRP slipped about 2.5% to around $1.43-$1.44 as selling pressure returned alongside broader market profit-taking, as reported by CoinDesk. The dip came as Bitcoin cooled from recent highs and delays around XRP-related ETF developments reportedly added uncertainty among investors, contributing to weakness in the token.

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