XRP saw a strong rally of over 46% this week, reaching a seven-month high of $1.70 before sharply dropping 14% to $1.46 in the last 24 hours. This pullback triggered more than $250 million in long position liquidations, the highest among large-cap assets, raising concerns of a potential bull trap despite bullish analyst predictions targeting $2 by Q3's end. Rising Binance funding rates and aggressive long positions suggest the market may be overheating, warning traders to be cautious of a deeper correction before any further gains.
U.S. spot crypto ETFs for Bitcoin and Ethereum attracted $2.6 billion in net inflows last week, marking their strongest weekly performance in nearly 10 months. Bitcoin ETFs led with $1.92 billion inflows and increased trading volume, while Ethereum E...
XRP experienced its strongest ETF inflow week since May, with nearly $40 million in fresh capital following a price rally of almost 60%. The surge in demand was highlighted on August 21, when XRP's price rose over 20% in 24 hours, attracting $18.38 m...
XRP surged 40% over the past week to $1.40, its highest since May 18, driven by a broader crypto market rally led by Bitcoin surpassing $77,000. The rise is supported by increased trading volume nearing $10 billion and new money entering via derivati...
Bitcoin surged past $79,000, extending a five-day rally over 30%, but significant selling by institutions like Jump Crypto and a large whale triggered over $647 million in long liquidations. This selling pressure caused Bitcoin's price to retrace to ...
South Korea's Upbit exchange recorded a massive $830 million in trading volume within a single hour, driven mainly by XRP and TRUMP tokens. This spike follows a 273% daily volume increase on August 21, marking a rebound after months of weaker activit...
