XRP recently dropped to a 15-week low around $1.29, falling below a key support level of $1.30 amid heavy selling pressure. This decline contrasts with strong institutional interest in crypto, including $1.42 billion inflows into spot ETFs and nearly 25 million XRP tokens withdrawn from exchanges, which usually signal bullish conditions. The market is now watching closely to see if XRP can rebound above $1.34 or face further declines toward $1.28. Despite short-term weakness, some analysts remain optimistic about XRP's long-term potential tied to global banking adoption rather than retail speculation.
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Ripple executives urged the U.S. Senate to pass the CLARITY Act, warning that rejecting the bill would maintain regulatory gaps exposing crypto users to risks similar to the FTX collapse. The Act aims to clarify oversight by sharing authority between...
