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news-imageFebruary 5, 2025

Why is the crypto market down today? XRP, DOGE, and ADA lead weekly losses

The global cryptocurrency market cap is down by over $200 billion in the last seven days, while the altcoin markets have shed more than $20 billion from their total valuations within the last 24 hours.
Publisher: Cryptopolitan
Sentiment: Negative
ADA
DOGE

More News Articles

Positive
cover-imageNewsBTC
March 12, 2025

XRP Suppressed? Bitwise CIO Predicts Market Shock Post-Lawsuit

In an interview with the Paul Barron Network, Bitwise Chief Investment Officer (CIO) Matt Hougan expressed his perspective on the long-debated regulatory battle surrounding XRP and its potential market reaction once legal uncertainties are resolved. According to Hougan, the crypto asset—long restrained by litigation—may be significantly undervalued, with the potential for a sharp market correction following a favorable resolution to its legal entanglements.

Positive
cover-imageBenzinga
March 11, 2025

Bitcoin, Ethereum, XRP, Dogecoin Surge Following Bitcoin Act Of 2025 Announcement

Crypto markets are rallying on Tuesday as the Bitcoin Act of 2025 is introduced in the House, proposing the acquisition of one million BTC over five years with a 20-year lockup. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $82,985.45 +5.4% Ethereum (CRYPTO: ETH) $1,951.21 +4.6% Solana (CRYPTO: SOL) $127.73 +6.6% XRP (CRYPTO: XRP) $2.19 +6.4% Dogecoin (CRYPTO: DOGE) $0.1680 +7.1% Shiba Inu (CRYPTO: SHIB) $0.00001225 +4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 49.4% and daily active addresses growing by 19.9%.

Positive
cover-imageCrypto Briefing
March 11, 2025

Franklin Templeton files S-1 form for XRP ETF

The filing could accelerate mainstream adoption of XRP, influencing crypto market dynamics and regulatory approaches to digital asset ETFs. The post Franklin Templeton files S-1 form for XRP ETF appeared first on Crypto Briefing.

Positive
cover-imageBenzinga
March 11, 2025

Bitcoin Reserve Upgrades Crypto But Paypal, Ripple Stablecoins Lag Behind

The U.S. government's bold move to establish Bitcoin (CRYPTO: BTC) as an official reserve asset through President Donald Trump's strategic Bitcoin reserve (SBR) has thrust cryptocurrencies into the spotlight, yet stablecoins like PayPal's PYUSD and Ripple's RLUSD are faltering in their bid for market share against offshore giants like Tether's USDT. What Happened: Signed into effect on March 6, the executive order designates Bitcoin as a sovereign-grade store of value, backed by roughly 100,000 BTC from forfeited Treasury holdings, while a favorable regulatory climate has failed to ignite adoption of U.S.-based stablecoins.

Negative
cover-imageNewsBTC
March 11, 2025

Dogecoin's Darkest Hour? Sentiment Tanks, Whales Accumulate

Dogecoin's sentiment has reportedly reached its most negative level in over a year. Crypto analyst Ali Martinez (@ali_charts) shared the below chart illustrating the current landscape of Dogecoin's social sentiment and noted: “Investor sentiment around Dogecoin is at its most negative in over a year.

Negative
cover-imageBenzinga
March 11, 2025

XRP's RLUSD Stablecoin Has Only 0.7% Market Share: What Is Going On?

Recent shifts in U.S. regulatory policy under President Donald Trump have sparked optimism for a stablecoin boom, yet major players like PayPal's PYUSD (CRYPTO: PYUSD) and Ripple's RLUSD (CRYPTO: RLUSD) are struggling to capitalize on the favorable climate. Despite a supportive Securities and Exchange Commission, a pro-crypto Commerce Secretary and the rollback of restrictive banking rules by the Office of the Comptroller of the Currency, these American-backed digital currencies have failed to dent the dominance of established rivals like Tether's USDT (CRYPTO: USDT) and Maker's DAI (CRYPTO: DAI).

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