The uncertainly prevailing over the stock markets seems to have negatively impacted the crypto markets, which once were being benefited. This shift in market dynamics seems to be scary, revealing the excess dominance of the institutions over the markets.
The cryptocurrency market, led by Bitcoin (BTC) and Ethereum (ETH), has shed more than $1.3 trillion in valuation since U.S. President took the oath of office for his second term. The crypto market has experienced heightened selling pressure during the past eight weeks amid the mixed fundamentals, especially from the political environment.
XRP, Ripple Labs' native token, is in a crucial make-or-break situation due to bearish market sentiment and a recent price decline. Data from CoinMarketCap shows that XRP has lost over 6% of its value in the past 24 hours and is currently at a critical support level of $1.95.
XRP tumbled 10.51% to $1.9390 by 20:39 (00:39 GMT) on Tuesday, marking its steepest one-day drop since March 3. The decline pushed its market cap down to $117.42 billion, representing 4.59% of the total cryptocurrency market.
XRP price started a fresh recovery wave from the $1.90 zone. The price is now consolidating and might struggle to clear the $2.10 resistance zone.
XRP has been caught in the broader market downturn over the past week, shedding 19% of its value amid a wave of bearish sentiment. This downturn comes despite the fact that many analysts remain optimistic about its long-term prospects.
SOL is testing key support levels amid declining futures sentiment.
White House Crypto Summit Will Feature Many Important Industry Figures
Solana (SOL) is coming under heavy sell pressure right now, already down more than 60% from its January highs near $300. The post Solana Crashes 60% in 2025 – Could SOL Collapse to $30 Again? appeared first on Cryptonews.
XRP has dropped below $2, declining 17% over the past week. However, despite the bearish trend, on-chain data indicates a surge in network activity, raising questions about the underlying market sentiment.
XRP tumbles toward $2 amid US recession fears and Trump's Bitcoin reserve plan. Can the SEC's upcoming appeal strategy shift market sentiment?
The crypto market is imploding, with the total market capitalization in the industry crashing from over $3.5 trillion in November to $2.58 trillion. Bitcoin and most altcoins like Shiba Inu, Pepe, XRP, and Pi Network have all retreated by double digits from their 2024 highs.
The total amount of transaction fees generated on the Solana network last week stood at just 53,800 SOL.
XRP is once again the subject of bold forecasts, with market researcher Egrag Crypto anticipating a significant price boom. According to him, a major breakthrough pattern indicates that XRP might reach $27 in the coming months.
Not even the president's meme coin is weathering the crypto market downturn, with TRUMP now down more than 85% from its all-time high.
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Cryptocurrency markets are following traditional financial markets lower on Monday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $78,943.09 -4.5% Ethereum (CRYPTO: ETH) $1,871.07 -8.2% Solana (CRYPTO: SOL) $119.69 -7.3% XRP (CRYPTO: XRP) $2.07 -4.5% Dogecoin (CRYPTO: DOGE) $0.1572 -8.2% Shiba Inu (CRYPTO: SHIB) $0.00001178 +0.3% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 7% and daily active addresses falling by 0.4%.
Hedera (HBAR), Chainlink (LINK), Aptos (APT), Ondo Finance (ONDO), and Story (IP) are five of the most important Made in USA cryptos to watch this week. While IP has been the best-performing of the group in the last month, it is now undergoing a sharp correction, similar to ONDO, which has dropped over 22% in the past seven days.
Controversy surrounding meme coins has affected Solana's price as token unlocks test confidence, according to one analyst.
AMBCrypto breaks down XRP's fight to hold $2 and its chances of reclaiming $3 amid growing market pressures.
A Ripple whale has moved a sizable amount of XRP between addresses, triggering speculation over the asset's price action. The unknown whale transferred over 167 million XRP in the middle of a massive price correction but experts say a reversal is on the horizon.
Bitcoin (CRYPTO: BTC) has fallen below $79,000 on Monday, raising concerns among analysts who believe the downturn may not be over. With XRP (CRYPTO: XRP), Ethereum (CRYPTO: ETH) and other altcoins also under pressure, experts suggest that market expectations have been reset, and further corrections remain a possibility.
Spanish banking behemoth BBVA has obtained regulatory approval to offer crypto to retail investors in the world's 14th biggest economy.
Ripple emails from 2018, submitted in the ongoing case with the US Securities and Exchange Commission (SEC), are making rounds of social media. The emails reveal that the blockchain firm's team actively discussed promoting the narrative that Bitcoin is a China-controlled currency.
Bitcoin (BTC) bulls tried to push the price above $85,000, but the bears held their ground. A minor positive is that larger investors seem to be accumulating at lower levels.
XRP, the fourth-ranked crypto asset, has been experiencing price fluctuations for the last seven days. Notably, XRP's price has plummeted from $2.62 to a low of $2.09 as market volatility continues.
Solana (SOL) is approaching a critical technical juncture as it nears the formation of a "death cross," a pattern that often signals potential bearish momentum.
We are seeing wild numbers, which is not uncommon in crypto. The last hour saw liquidations hit nearly $109.74 million, according to CoinGlass data.
Following its recent decline, XRP has been finding it difficult to stay afloat, but there are indications that a reversal may be imminent. In order to stop further declines, the asset has reached a critical support level at about $2.14, where buying interest may rise.
Crypto expert Dark Defender maintained his ultra bullish stance that the XRP price could rally to as high as $280 at some point. Interestingly, the expert has even updated his XRP price prediction, stating that the crypto could reach $333.
Solana price has dropped to a six-month low below $130 as sellers weigh on the price. Solana is currently trading at its lowest level since September 2024, with traders now concerned about a possible decline below $100.
XRP (XRP) took a hit over the weekend as the broader crypto market tumbled in response to President Trump's highly anticipated crypto summit.From Friday to Sunday, Ripple's native asset dropped 17.8%, as traders reacted to the event with a classic “sell the news” move.
What triggered the crollo?
The crypto market continues its downward spiral, with Bitcoin slipping below $80K and Ethereum nearing a critical breakdown. What's driving the sell-off, and how can traders still profit?
Chainlink (LINK), one of the top blue-chip cryptocurrencies, has crashed by double digits from its December highs. This drop is primarily because of the ongoing crypto sell-off.
An XRP community enthusiast who goes by @WKahneman on the semi-ironic "Mannet" has shared some moderate optimism as the XRP price tumbles together with the entire altcoin segment. The pump triggered by the U.S. crypto reserve announcement appeared to be a "sell the news" event for XRP.
One of the most interesting success stories in the crypto space has been Solana (SOL). During the previous two years, its price skyrocketed from just $20 to over $200, confirming its dominance as a layer-1 blockchain.
Dinocoins like XRP and ADA are getting more attention, and it's not just because of President Trump
Crypto prices and stocks alike are falling Monday, with Bitcoin diving as traders react to President Trump's recession comments and more.
Bitcoin (BTC) is trading at $82,327, hovering just above the $82,000 level, but still facing resistance amid ongoing market uncertainty. The recent sell-off driven by exchange outflows has hindered Bitcoin's ability to sustain upward momentum.
An increase in network activity indicates that XRP has made a significant comeback. XRP saw more than 2.2 million transactions in the last day, which is among the most active days in recent memory.
The cryptocurrency community was hit with a stunning twist, when an executive order signed by President Donald Trump dashed the hopes of Ripple and its supporters. After pouring millions into political contributions to push for XRP (CRYPTO: XRP)'s inclusion in a U.S. sovereign crypto reserve, the company and its co-founders watched their efforts unravel.
Here are some of the latest developments on the Ripple v. SEC front.
XRP bear market signals have become more conspicuous against the backdrop of February's high selling pressures. Technical indicators now point to a potential 50% price decline, also fueled by the broader crypto market's downward trend and recent US policy decisions.
Despite the prevailing bearish market trends, XRP continues to outpace Bitcoin in weekly inflows. While digital asset investment products saw significant outflows in the fourth consecutive week, XRP marks remarkable gains.
In early 2011, three developers — David Schwartz, Jed McCaleb and Arthur Britto — were attracted by Bitcoin but aware of the waste associated with mining. They aimed to develop a more sustainable way of sending value.
XRP, the payments-focused cryptocurrency linked to Ripple, plummeted over 27% in the week ending March 9, marking its steepest decline since November 2022, according to TradingView and CoinDesk data. This sharp drop has put intense focus on the critical $1.95 support level.
Macro strategist Raoul Pal has shared his outlook for crypto investors amid recent market volatility, emphasizing that patience and proper risk management are essential for surviving this correction. What Happened: In a podcast on March 1, Pal described the downturn as part of a normal bull market correction, driven by tightening global financial conditions.