Long-term investors in Ripple (XRP -7.52%) are likely very pleased. Over the past 10 years, XRP's value has exploded 21,600% higher.
As markets reel from the escalating trade war sparked by U.S. President Donald Trump's sweeping tariffs, crypto analysts and industry leaders are warning that the turbulence may reshape the digital asset landscape—well beyond the current sell-off. What Happened: More than $800 million in Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) liquidations have occurred in just the past 24 hours, according to data cited by QCP Capital, as Bitcoin briefly dropped below $75,000 and volatility spiked.
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are down 5% and 2% respectively as traders cling on to strong fundamental data to deliver a turnaround in the medium term. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.1526 $21.6 billion -5.3% -10.7% Shiba Inu (CRYPTO: SHIB) $0.00001128 $6.65 billion -2.2% -6.9% Pepe (CRYPTO: PEPE) $0.056447 $2.7 billion -4.4% -8% Trader Notes: Trader Tardigrade encouraged resilience, saying, "The harder the battle, the sweeter the victory," as Dogecoin retests a key support level from its previous consolidation zone.
The crypto market is facing one of its most violent shakeouts in recent weeks, with major cryptocurrencies like XRP, Solana (SOL) and Cardano (ADA) recording significant losses.
It seems that today, Monday, April 7, everything is happening everywhere at once, just as in the movie "A24" that was released not too long ago.
Bitcoin (BTC) and the crypto markets plunged on Monday morning (Asia). The week started with a bloodbath as Donald Trump's tariffs decimated the global stock markets.
XRP price tanked on Monday as the cryptocurrency sell-off gained steam, and technicals point to a crash to $1 and below. Ripple (XRP), the cross-border-focused token, dropped to a low of $1.6185, its lowest level since November last year.
Amid the ongoing crypto market crash, investors' eyes are on the best crypto to buy before the conditions recover. This is important as investors anticipate that Donald Trump will approve a zero tax policy once the tariff or trade war ends.
A Dogecoin whale has solidified investors' bearishness this ‘black Monday' by dumping 300 million coins to Binance. DOGE price has lost nearly 15% value in the past 24 hours, stooping to a $0.13 low in sync with broader trends.
TL;DR XRP's market cap plunges: Lost over $20B—dropping from $121.81B to $100.28B in just 24 hours as trade volume nearly quadrupled. Regulatory fog fuels panic: SEC's continued silence over the Ripple case stokes uncertainty and deepens bearish sentiment. Bearish technical patterns form: A head-and-shoulders setup suggests the potential for further declines, possibly down to $1.30.
Will high bear pressure put overleveraged longs at risk of cascading liquidations?
Although the price of XRP fell by a startling 7% today, the asset's fundamental strength has been steadily increasing, which could pave the way for a long-term recovery. On-chain data points to a hidden utility surge that might act as a powerful counterbalance to the market's bearish price action despite the fact that market sentiment has recently declined.
The crypto market's downturn, exacerbated by global tariff concerns, highlights its vulnerability to geopolitical tensions and economic policies. The post Bitcoin struggles below $77K, Ether, XRP, and Solana deepen declines ahead of US market opening appeared first on Crypto Briefing.
Market-wide havoc is trashing Ripple coin's major support levels: XRP bulls were caught off guard on black Monday?
Amidst the broader crypto market crash, XRP has broken below an important support zone that several traders have identified as pivotal. In a chart shared by crypto analyst Josh Olszewicz during his latest YouTube update, the token shows a pronounced break beneath the Ichimoku Cloud on the daily timeframe, with the price now positioned under the $2.00 handle.
The cryptocurrency market experienced a staggering $1.42 billion in liquidations over the past 24 hours, driven by a sharp decline in major digital assets following President Donald Trump's tariff policies and a broader market sell-off. What Happened: Bitcoin (CRYPTO: BTC) fell 7.5%, currently trading at around $76,650, while Ethereum (CRYPTO: ETH) dropped 17%, XRP (CRYPTO: XRP) 15%, and Solana (CRYPTO: SOL) and Dogecoin (CRYPTO: DOGE) both shed 16%.
Bitcoin plunged below $75,000 early Monday during European trading hours, triggering a broader crypto market sell-off. Major altcoins including XRP, Solana (SOL), and Dogecoin (DOGE) saw sharp losses, extending declines across the sector to nearly 20%.
Joe Weisenthal, co-host of Bloombergs Odd Lots podcast, has highlighted a curious trend: major XRP price rallies often coincide with local tops in Bitcoin. This observation gained renewed relevance when XRP surged to a record $3.40 on Jan. 16, 2025, on Bitstamp, following a dramatic rally in late 2024.
Prominent blockchain tracker Whale Alert, which tracks down large cryptocurrency transfers and shares the details on its website and X handle, has spotted a massive XRP transaction targeting the world's largest crypto exchange Binance.
Prominent blockchain tracker Whale Alert, which tracks down large cryptocurrency transfers and shares the details on its website and X handle, has spotted a massive XRP transaction targeting the world's largest crypto exchange, Binance.
Amid the ongoing crypto market crash, Ripple CTO David Schwartz has caught the investors' eyes. In a recent X post, the CTO shared “good news” for the market participants, especially as the global stock markets recorded a massive retreat today.
"The uncertainty dragged Solana and Ethereum into a steep downtrend," an expert told Decrypt, saying current trading "smells of profit-taking."
As the crypto market faces significant selling pressure in the early Monday session, Dogecoin cofounder Billy Markus — better known by his X (formerly Twitter) handle, Shibetoshi Nakamoto — has broken his silence with a characteristically witty yet thought-provoking post.
Dogecoin (DOGE) investors were in a tough spot over the past few days as the world's largest meme coin witnessed a major setback. To be precise, the DOGE price today dropped by 19%, making it trade at $0.1316 with a market capitalization of over $19.5 billion.
Digital asset investment products saw $240 million in outflows last week, marking a sharp reversal in sentiment. Bitcoin-based products accounted for most of these losses, registering $207 million in outflows, according to CoinShares' latest weekly report.
The crypto market is reeling from the aftermath of rising global economic tensions, fears of a US recession, and intensifying trade conflicts. Bitcoin has dropped below $77,000, losing over 10% from its recent high of nearly $90,000. Altcoins like Ethereum, XRP, Solana, and Dogecoin are experiencing even sharper declines, reflecting widespread market unease.
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Bitcoin and other major cryptocurrencies endured steep losses as global financial markets reeled from escalating trade tensions. The post BTC, SOL, XRP Drop 20% — Billionaire Bill Ackman Calls for 90-Day Pause on Trump's Tariffs appeared first on Cryptonews.
Cardano is taking a massive hit as the crypto market bleeds. With prices crashing over 16% in the last 24 hours, ADA has reached a major support zone.
XRP price is staging resilience in the broader market, as the sustained selloff from Trump's reciprocal tariff announcement is still biting risk assets.
Over the past 24 hours, $XRP has taken a tremendous hit. It has dropped by over 22% from its $2.14 high to its current $1.65 level.
With an abrupt sell-off, XRP has fallen over 11% in the last day and broken through its 200 EMA support level at $1.19. The asset is currently trading below $1.70, indicating a very bearish reversal and raising the prospects of adding a zero — a term used in the cryptocurrency community to describe a sharp decline in price to a lower decimal threshold.
XRP has lost more than $20 billion in market capitalization in the past 24 hours, per data retrieved by Finbold from CoinMarketCap.
Ripple (XRP) remains at the forefront of cryptocurrency discussions, as rising optimism about regulatory clarity and innovative payment solutions could propel its price to $10 in the coming weeks. Ripple's integration of its RLUSD stablecoin is bolstering its ecosystem, making XRP a favorite among both retail and institutional investors.
One of the biggest Cardano (ADA) contributors known for his work in the ecosystem, Sebastien Guillemot, recently revealed a significant donation made by his development crew, dcSpark. The donation, worth $460,000 ADA tokens, represents a $400,000 loan, alongside $60,000 in accumulated interest.
Ethereum, Solana, and other major altcoins took a beating on Monday as the entire crypto market dropped more than 13%, following a big selloff in Asian markets, leading to more than $1 billion in liquidations.
Amid the growing trend of real-world asset (RWA) tokenization, industry heavyweights like Ripple CEO Brad Garlinghouse and XRP lawyer John Deaton weigh in on the matter. While commenting on the potential tokenization of RWAs, the XRP lawyer expressed his thoughts on Bitcoin and crypto.
An investment of $1,500 could grow into a respectable amount of money in the right place, but it's not so large that it precludes taking a bit of a risk. On that note, for some investors, Cardano (ADA -15.58%) might seem like an appealing option, as it's riskier than a pick like Bitcoin but nowhere near as risky as some lesser known altcoins.
David Schwartz, the CTO of blockchain payments firm Ripple Labs Inc., has reacted to CNBC broadcaster Jim Cramer's market commentary. Different market reactions have followed the ongoing global sell-off on the stock market, which removed over $5 trillion from the S&P 500 in two days over the past week.
Global financial markets suffered a severe beating after US President Donald Trump made a sweeping tariff declaration, with cryptocurrency XRP being one of the assets that recorded sharp price falls. The digital currency dropped from $2.20 to $1.75 during widespread selling pressure in both conventional and crypto markets.
Assessing altcoins' next move amid renewed Trump tariff fears and macro uncertainty.
There haven't been many dull moments in the cryptocurrency industry lately. The Trump administration took over in January, and there has been a monumental pivot to a much more pro-cryptocurrency approach.
Dogecoin (DOGE) continues to fluctuate sideways, above the $0.14 support but below the $0.20 resistance.
XRP, the fourth-largest cryptocurrency by market cap, has plunged to $1.65, its lowest level since November 2024, losing nearly 30% in the past month. The broader market is also on edge, with fears of a U.S. trade war sparking sell-offs across stocks and risky assets.
Cardano (ADA) has faced a sharp price decline amid heightened volatility and widespread liquidations across the broader crypto market. Over the past 24 hours, ADA has shed more than 10% of its value, marking one of its steepest single-day losses in recent months.
XRP dropped to its lowest mark since November 2024.
Ripple believes the UK has the potential to become a global crypto leader if it acts swiftly to implement clear and comprehensive regulations.
The crypto market has crashed, leading to a $1.5 trillion wipeout, with the total market cap of all coins plunging to $2.37 trillion. Bitcoin dived to $75,000, while Ethereum plunged to $1,445.