Bitcoin Struggles at $57K Amid Broader Market Volatility
XRP emerges as the sole major gainer, while JPMorgan predicts a potential rebound for Bitcoin in August.
- Bitcoin remains stuck around $57,000 despite positive U.S. inflation data.
- XRP gains 5% following favorable developments and new indices debut.
- German state of Saxony's Bitcoin sales contribute to current price pressures.
- JPMorgan analysts foresee a Bitcoin price recovery next month.
- SEC's potential policy shift could impact broader crypto market dynamics.