XRP experienced a 22% price drop to $2.23 despite analyst predictions of potential growth to $70, with market data showing mixed signals across trading metrics.
Renowned economist Peter Schiff commented on Bitcoin's (CRYPTO: BTC) market slump on Sunday, drawing an unusual analogy with “soothsayer” groundhog “Punxsutawney Phil's” prolonged winter prediction. What Happened: Schiff took to X to point out the large drop in the value of Bitcoin and Ethereum (CRYPTO: ETH), the two biggest cryptocurrencies by market capitalization.
Ethereum's price dropped 20% to $2,500 following Trump's trade tariff announcement, triggering massive liquidations while some analysts and whales view the dip as a buying opportunity.
Ethereum Classic (ETC) is beginning to attract more attention from investors. Rising trading volume and increased investor interest have positioned ETC as a potential alternative to Ethereum (ETH), which has been facing mounting challenges recently.
XRP rebounds 35% after Trump's tariff-induced crypto crash, mirroring past capitulation events that led to 1,000% rallies.
XRP's price has plunged 24.6% in a day, sparking fears of a total collapse.
Ethereum's price plunges over 20%, falling below key support levels, sparking bearish sentiment among investors.
XRP (XRP -22.84%) is the native cryptocurrency on the XRP Ledger, a blockchain built by technology company Ripple to enable faster and cheaper cross-border transactions. XRP soared about 500% in the past year, but its price has also declined 15% during the last two weeks, such that the cryptocurrency currently trades at $2.88 as of Feb. 1.
XForceGlobal Analyst Anticipates Ripple Price Breakout Amid Whale Interest in Binance and Elluminex
In response to President Donald Trump's recent tariff declarations targeting Canada, Mexico, and China, the worldwide economy has been disturbed by fears of increasing trade conflicts. This chaos has spread into the cryptocurrency markets, where major cryptocurrencies like Bitcoin and Ethereum have seen considerable declines.
The crypto industry has been reacting to the short-term market uncertainty induced by tariff wars, which were kickstarted by US President Donald Trump against major global economies.
Monochrome has registered its Bitcoin and Ethereum ETFs in Singapore, targeting accredited investors, and aims to expand regionally by 2025.
On-chain data reveals two Ethereum wallets, inactive for six years, suddenly moved millions to Bitfinex—just before prices took a nosedive.
Ripple Labs has recently made waves in the cryptocurrency world by locking 700 million XRP tokens into escrow, a move that has captured the attention of traders and investors alike. This action, taken on February 2, 2025, comes amid a rough period for the cryptocurrency market, raising the question: what does this mean for XRP's price, and should investors be concerned?
Over 730,000 traders faced liquidations as Ether led the market plunge. Analysts compared the impact with the FTX collapse and COVID-19 crash.
The ongoing crypto bloodbath, which has resulted in more than $2 billion in forced liquidation, has pushed Solana (SOL) to the edge.
The DeepSeek shock waves had just settled across the markets; Trump's tariff war caused havoc within the crypto space.
Ethereum has been on a downward trend for nearly six weeks, falling below the $4,000 mark on Dec. 16, 2024.
A closely followed analyst known as a “Master Trader” on the crypto exchange Bybit is warning that Solana (SOL) has printed a market reversal signal similar to what was witnessed during the 2021 cycle.
Ethereum has suffered a sharp decline, plunging nearly 20% in the last 24 hours and currently trading around $2,500.
Ethereum's price plummeted to a nearly five-month low of around $2,300 on Monday morning in Asia as the specter of a global trade war triggered a risk-off sentiment, unsettling investors. Ethereum (ETH) fell 23.
The cryptocurrency market has currently drifted into the severe red zone and There's been a significant drop in altcoins, especially with Ethereum, XRP, ADA and others seeing massive liquidations in minutes. A staggering $2 billion worth of liquidations have happened within 24 hours.
Charles Hoskinson, the founder of Cardano (ADA) and CEO of Input Output Global (IOG), delivered a wide‐ranging AMA on February 2, 2025, covering potential partnerships with the Internet Computer Protocol (ICP), Cardano's stablecoin strategies, Bitcoin interoperability, and ongoing initiatives with various countries.
Ethereum's price has been in a downward spiral for several weeks, with the digital asset continuing to face challenges as it struggles to maintain above key support levels. As the market turns bearish, many traders are predicting Ethereum's value could drop below the $3,000 mark.
The crypto market has plunged into the fear zone of the crypto fear and greed index, sliding to sentiment levels last seen in October 2024. A mix of fresh U.S.
The cryptocurrency community is abuzz with anticipation regarding XRP's future price trajectory. Egrag Crypto, a market analyst, anticipates that XRP will experience a significant increase in value, with a potential 70% increase.
According to analytics platform Lookonchain, a dormant Ethereum whale recently woke up from hibernation after six months of inactivity.
Yesterday, Ripple unlocked at least 400 million XRP, valued at around $1.136 billion. In the last 24 hours alone, the price of XRP has dropped by over 24.6%. What Actually Happened in the XRP Market? As part of Ripple's routine monthly token release from escrow, yesterday, at least 400 million XRP, worth nearly $1.
A project that describes itself as an onchain MicroStrategy for Ethereum blamed a UI fault that caused users to send 165 ETH to the wrong address, while El Salvador has a new disappearing Satoshi Nakomoto statue.
Ethereum (ETH) experienced a sharp sell-off over the weekend and has dropped below the $3,000 psychological level. This collapse has triggered $613 million in liquidations in the past 30 hours.
Bitcoin and Ethereum plummeted after Trump's tariff shock, sparking over $2.21B in liquidations. BTC nears key support at $93.8K, while ETH holds strong above 2,150.
XRP has lost its positioning as the third-largest crypto asset once again.
According to data provided by crypto analytics platform CoinGlass, a whopping $2.21 billion worth of crypto has been liquidated over the past 24 hours.
Ethereum (ETH) has been showing signs of a potential breakout, with some analysts predicting a price surge of up to 200%. Despite a relatively quiet performance in recent months, technical indicators and market behavior are starting to align with patterns seen before previous rallies.
XRP, dogecoin (DOGE) and Cardano's ADA fell more than 25% to reverse all of the gains since December, reaching pre-U.S. election levels from early November.
Ether, Cardano, Avalanche, XRP, Chainlink and Dogecoin all dropped over 20% over the past 23 hours after US President Donald Trump imposed his first round of tariffs.
The cryptocurrency market, led by Ethereum (ETH) and Bitcoin (BTC), shed more than $500 billion in net valuation since Friday to hover about $3.16 trillion on Monday, February 3, during the early Asian session. Following the heavy deleveraging in the crypto market, more than $2.
Singapore is opening its doors to Australian crypto ETFs as institutions eye a regulated entry into a turbulent crypto market.
Trump's new tariffs prompted crypto investors to cut risk, causing Ether to plunge 26% and Bitcoin to fall sharply below $100,000. The post Trump Tariffs Stir Crypto Sell-Off With Ether Tumbling Over 26% appeared first on Cryptonews.
ETH is showing technical patterns that could lead to a 200% price surge as historical cycles align.
Attorney and founder of Crypto Law, John Deaton, took to his social media and warned that the fight against crypto is far from finished. Deaton said that the SEC's case against Ripple went beyond just targeting the company—it also claimed that XRP itself was a security, ignoring 75 years of legal precedent.
The global crypto market witnessed turmoil as the week kicked off, primarily in the wake of U.S. President Donald Trump's new tariffs rattling broader markets. Bitcoin (BTC) price crashed as low as the $91K level on Monday, whereas altcoin prices dipped in sync.
Ethereum remains the top choice for developers followed by Solana and Base, as per OKX's latest report.
XRP price started a major decline below the $3.00 zone. The price is down over 25% and there was a spike below the $2.00 support zone.
Market jitters rise as US tariffs drive XRP lower. Will the SEC's next move spark a recovery or deepen losses?
Ethereum price started a fresh decline below the $3,000 zone. ETH is down over 25% and the bears seem to be in control below $2,770.
Ethereum (ETH) has recently made notable moves in the market, recording a 1.86% increase in price over the past day. While the altcoin has experienced a downward trend since December 2024, including some significant losses following its peak at the $4,000 mark, underlying market activity suggests a potential shift in momentum.