Meme coins are not immune to a broader crypto crash, with Dogecoin hitting its lowest price in months as other top coins plummet.
It's a blood-red Tuesday across the crypto markets.
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Bitcoin (BTC) has been struggling lately, and it is getting tricky. With little to stop a major drop below $90,000, things could get messy quickly.
There are no reversal signals on the cryptocurrency market so far, according to CoinStats.
Cryptocurrency prices plunged on Tuesday, extending a downtrend that began in November last year. Bitcoin (BTC) fell below the critical support level of $89,220, reaching an intraday low of around $86,000.
The Dogecoin network has experienced a significant drop in on-chain activity, including a notable decline in whale buying pressure.
If you're looking to make an investment in cryptocurrency, it's natural to question whether it makes more sense to buy a focused fintech leader like XRP (XRP -9.34%), or a more traditional decentralized finance (DeFi) play like Cardano (ADA -11.47%). Both of these coins have made a lot of money for their investors over the last year, but the real question is: Which is a better place for your investment of $3,000 over the next handful of years, when their value could be even higher than it is today?
Dogecoin's breakout from a symmetrical triangle failed to hold bullish momentum, triggering a price drop.
XRP (XRP) has plunged 16% in the past 24 hours, now trading at $2.07, as the broader crypto market reels from heavy selling pressure triggered by last Friday's Bybit hack.According to CoinCodex, the total crypto market cap has declined by 2.6% to $3.1 trillion, with Bitcoin (BTC) shedding 8.
Speculation is rife about whether XRP price could rally to $1,000 if Elon Musk and President Donald Trump tapped the Ripple network as the blockchain of choice for US national debt repayment. Given Musk's history with the crypto markets after Tesla's Bitcoin adoption and Dogecoin endorsements, crypto investors are wondering if XRP could be next.
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The XRP community, known for its unwavering dedication to the cryptocurrency and its underlying technology, has recently found itself at odds with both external critics and internal misinformation. Crypto expert and XRP community figure, Crypto Eri, has called attention to some of the misconceptions that have been circulating within the XRP Army, urging the community to focus on addressing these inaccuracies.
As the US Securities and Exchange Commission (SEC) has scheduled its next closed-door meeting this Thursday, all eyes are on a potential XRP ETF approval. In addition, the SEC's ongoing review of Grayscale Investment's XRP ETF application has fueled anticipations of the product approval this week.
XRP's 20% price drop over the last two days saw it break below an asymmetrical triangle with a downward target of $1.50.
The cryptocurrency market faced a sharp downturn over the past 24 hours, with Bitcoin (CRYPTO: BTC) dropping to a low of $87,115 before stabilizing at $88,850, marking a 7% decline. Ethereum (CRYPTO: ETH) saw an even steeper drop of 10%, trading at $2,420.
Prices have been moving fast in the cryptocurrency market on February 25, with hundreds of millions of dollars erased in a bloodbath that has taken Bitcoin (BTC) below $89,000 for the first time since November and Ethereum (ETH) below $2,400 for the first time since October.
The heightened capitulation of XRP long traders in the last 24 hours has escalated the odds of a long squeeze In the coming days.
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Bitcoin plunged to a three-month low below $88,000 Tuesday morning, dragging the wider crypto market down with it.
Economist Torsten Sløk warns DOGE-related layoffs could reach 1 million, impacting federal contractors amid Trump and Musk's spending cuts.
Despite a series of macro- and micro-market developments promising the creation of a favorable market environment for top cryptos, especially XRP – including US President Donald Trump's mention of XRP on the Truth Social platform, strengthening speculations over the US XRP Reserve possibility, increasing the probability that the US SEC will withdraw its lawsuit against
In the aftermath of the Bybit hack, the crypto market sell-off is deepening, with combined crypto liquidations reaching $1.34 billion in the past 24 hours. While Bitcoin (BTC), Ethereum (ETH) and XRP are leading this sell-off, almost all altcoins in the top 100 are experiencing massive price drawdowns.
CryptoQuant CEO Ki Young Ju is shaking up the idea of “Altcoin Season” as we know it, suggesting that only a select few altcoins will thrive in 2025. Unlike past cycles, where almost all altcoins are pumped together, Ju believes this bull run will favor projects with strong projects with real-world use cases.
XRP is establishing new trading patterns against Bitcoin, and traders are closely monitoring a potential shift in market dynamics. XRP has exhibited remarkable strength over a lengthier timeframe, with a 31% gain against Bitcoin during the past month, despite a 15% decline in the past week.
Despite falling by about 20% during the past 30 days, XRP (XRP -15.42%) just got a key green light that sent its price soaring by 12% on Feb. 13, with further gains in the days that followed. The best part is that there's now reason to believe that even more growth might be on the way, provided that a few new potential catalysts play out as anticipated.
XRP has broken below several key support levels including the critical $2.50 threshold, entering a bearish zone with immediate resistance at $2.4880 while showing oversold conditions that might trigger a temporary relief rally.
Dogecoin has experienced a 5% price drop, falling below $0.25 to test the $0.2050 support level, and now faces a critical juncture with $0.20 serving as a major support while resistance at $0.2180 could determine if recovery is possible.
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Historical trends have always shaped the cryptocurrency market; one of the most spectacular rallies in recent years was the dramatic increase in 2021 of ripple (XRP). Mass price swings in XRP rewarded early investors with large gains and confirmed its position as the main player in the crypto scene.
Liquidations crossed the $1.35 billion level in the past 24 hours as a market slide worsened.
XRP has experienced a steep drop, losing a sizable amount of its value as market sentiment turns pessimistic. The cryptocurrency fell by more than 7%, breaching the key support levels and possibly indicating more declines to come.
Ether is on the verge of slipping into a death cross, an ominous momentum indicator, with a mixed record of predicting price trends.
Ripple's XRP is currently navigating through a challenging phase, with technical analysis pointing toward a possible 13% decline if the cryptocurrency fails to reclaim critical support levels. Following a breakdown from an ascending triangle pattern, XRP has seen its price drop below the key $2.50 support level, leading many traders to brace for more volatility.
The cryptocurrency market is not new in terms of periods of strong altcoin activity, often accompanied by a notable drop in the dominance of Bitcoin, which lets altcoins shine. Altcoin seasons have historically been linked with these times of weakening Bitcoin market dominance, opening the path for alternative cryptocurrencies to record notable price swings.
As the US Securities and Exchange Commission (SEC) takes progressive steps to resolve ongoing crypto lawsuits, attention is now focused on the landmark XRP lawsuit. Though many believe that the Ripple vs SEC case settlement is imminent, legal experts like MetaLawMan warn of a possible delay in the case.
DOGE, SHIB, PEPE, and BONK are seeing massive losses, while BTC and XRP continued to outperform, maintaining significant post-election price gains.
Dogecoin (DOGE) price has slipped to test a multi-month support level of $0.20 after the broader crypto market retraced, causing a record $880M in liquidations within 24 hours. The decline in DOGE price forced the closure of many long positions, leading to a drop in open interest.
XRP price has continued its free fall today, losing more than 9% amid a broader crypto market crash. Amid this, a top market analyst has highlighted key support zones for Ripple's native asset while hinting towards a potential drop to $1.6.
Bitcoin's price recently dipped below $91,000, marking its lowest point in months, causing a ripple effect throughout the broader crypto market. In just 24 hours, over $100 billion in market value was wiped out. This has led to increased uncertainty, with Bitcoin down by 5% and altcoins suffering even bigger losses.
XRP, BNB, and DOGE are facing key technical breakdowns, triggering fresh downside risks. Will these dips lead to deeper losses or present new buying opportunities?
Ripple's XRP is currently down by more than 8% and is trading at $2.28. The cryptocurrency market is currently experiencing a downward trend, with several major coins facing declines. Both Bitcoin (BTC) and Ethereum (ETH) are seeing significant declines. Bitcoin is priced at $92,017, down by 3.
February 25, 2025 05:31:34 UTC Crypto Liquidations Fuel $950M Sell-Off After Tariff Announcement Bitcoin fell to a multi-week low, triggering $950 million in liquidations after President Trump announced a return to 25% tariffs on over $900 billion in Canadian and Mexican imports, raising inflation fears.
The crypto markets are witnessing massive sell-offs, which have dragged the major cryptos below their pivotal support levels. Bitcoin dropped below $94,000 initially and later formed the bottom below $92,000 and interestingly, it does not appear to halt the ongoing bearish trend.
Ripple's native cryptocurrency, XRP, has consistently been a focal point within the cryptocurrency market due to its innovative approach to cross-border payments. As of now, XRP is valued at approximately $2.42, and its price history shows substantial volatility, influenced by both market conditions and regulatory developments.
The directors of the Securities and Exchange Commission's regional offices will reportedly be soon out of a job as the agency looks to cut costs.