Crypto prices and stocks alike are falling Monday, with Bitcoin diving as traders react to President Trump's recession comments and more.
As the situation on the cryptocurrency market continues to be difficult for most people to understand, at least in the fundamental field, the only thing that continues to provide clarity is the price chart and the behavior of battle-tested indicators.
Bitcoin (BTC) is trading at $82,327, hovering just above the $82,000 level, but still facing resistance amid ongoing market uncertainty. The recent sell-off driven by exchange outflows has hindered Bitcoin's ability to sustain upward momentum.
An increase in network activity indicates that XRP has made a significant comeback. XRP saw more than 2.2 million transactions in the last day, which is among the most active days in recent memory.
The cryptocurrency community was hit with a stunning twist, when an executive order signed by President Donald Trump dashed the hopes of Ripple and its supporters. After pouring millions into political contributions to push for XRP (CRYPTO: XRP)'s inclusion in a U.S. sovereign crypto reserve, the company and its co-founders watched their efforts unravel.
Here are some of the latest developments on the Ripple v. SEC front.
XRP bear market signals have become more conspicuous against the backdrop of February's high selling pressures. Technical indicators now point to a potential 50% price decline, also fueled by the broader crypto market's downward trend and recent US policy decisions.
Despite the prevailing bearish market trends, XRP continues to outpace Bitcoin in weekly inflows. While digital asset investment products saw significant outflows in the fourth consecutive week, XRP marks remarkable gains.
In early 2011, three developers — David Schwartz, Jed McCaleb and Arthur Britto — were attracted by Bitcoin but aware of the waste associated with mining. They aimed to develop a more sustainable way of sending value.
XRP, the payments-focused cryptocurrency linked to Ripple, plummeted over 27% in the week ending March 9, marking its steepest decline since November 2022, according to TradingView and CoinDesk data. This sharp drop has put intense focus on the critical $1.95 support level.
Cardano (ADA) has faced massive volatility and extreme price swings, with panic spreading across the crypto market as altcoins continue to struggle. Over the past few days, ADA has dropped more than 28% since last Thursday, adding to the growing negative sentiment surrounding altcoins.
A move below the said support would trigger a major bearish reversal pattern, the price chart shows.
The crypto market continues to face headwinds, with Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) remaining in a bear market. No good news, including the recent crypto summit, and Strategic Bitcoin Reserve (SBR) has helped the industry.
The crypto market took a hit today, with Bitcoin dropping 4% to $82,176, marking an 11% decline for the week. The overall market fell 7%, with major altcoins like ETH, SOL, and XRP seeing losses between 7-9%. This downturn is fueled by rising tensions in the U.S.
DOGE slides to $0.17 as whale sell-offs outweigh accumulation, casting doubt on a $0.20 recovery.
The broader crypto ecosystem has yet to recover from the sell-offs that have picked up since the start of this year. While Bitcoin (BTC) is leading the sell-off, Cardano (ADA) is one of the top altcoins battling stability on the market today.
Simpsons reportedly predicted Cardano (ADA) price could hit $36, fueling speculation as the top coin trades near key support. After reaching $1.17 earlier this month, ADA has been declining, following a broader market downturn that triggered significant liquidations.
Ripple co-founder and executive chairman Chris Larsen lost over $661 million worth of XRP last year, reportedly due to a hack of password manager LastPass.
During the current crypto downtrend, memecoins have been hit hard. Although top-ranking memecoins $DOGE, $SHIB, and $PEPE, still have large market caps, are they on a trajectory to zero, or can a renewal of the bull market still send them to higher highs?
The upcoming April 16 will be a very crucial day for the XRP market. On that day, a US court will declare its final decision on the SEC lawsuit against XRP. Considering that the political climate in the U.S.
XRP price stabilizes above $2.10 while facing a major $297M bearish hurdle at $2.70, even as network activity reaches record highs.
The crypto market cap continued to decline over the weekend as major cryptocurrencies extended their losses after investors were disappointed by Donald Trump's strategic Bitcoin reserve. A wave of uncertainty caused by new US trade tariffs also impacted investor sentiment.
President Donald Trump's highly anticipated crypto reserve announcement and the White House Crypto Summit have fallen flat, failing to ignite a crypto market rally. The global crypto space is currently navigating a bearish period with the total market cap slipping to $2.73 trillion, down by 3.09%.
A recently published Dogecoin (DOGE) chart by analyst Paul (@Zig_ZagTrades) suggests that the popular meme-based cryptocurrency could slide as low as $0.12 in a final corrective phase before attempting a significant rebound. The 1-day chart, shared on X, outlines a textbook Elliott Wave structure that Paul interprets as a larger (A)–(B)–(C) correction, culminating in a potential Wave 2 near the $0.12–$0.15 region.
Cardano price has nearly wiped out app the gains triggered by Federal Strategic Cryptocurrency Reserve talk. Can it find a way back up?
The escalating US Vs Canada trade war has gained notable traction lately, impacting the sentiment of the broader financial market enthusiasts. However, in the latest XRP news, a renowned legal expert said that the ongoing developments could be bullish for Ripple.
Dogecoin (DOGE) and Shiba Inu (SHIB), popular meme coins in the cryptocurrency market, are at a critical point, as the year unfolds. With their quick rise driven by strong community support and social media buzz, these altcoins have gained the attention of traders.
XRP risks a 50% crash as a head-and-shoulders pattern confirms a breakdown, while Trump's crypto policy shift and U.S. economic concerns fuel further downside risks.
Amid ongoing market uncertainty, the largest Dogecoin (DOGE) whale has begun showing interest and making a big move. On March 10, 2024, a prominent crypto analyst shared a post on X (formerly Twitter), revealing that the largest DOGE whale has accumulated a significant 1.7 billion meme coins over the past three days.
Investors who have benefited from holding XRP and Ethereum (ETH) are now looking for the next opportunity, and one altcoin priced at just $0.015 is catching their attention. Mutuum Finance (MUTM) is positioning itself as more than just another presale token—it's a decentralized lending protocol designed for real utility.
Internal Ripple emails from 2018—submitted in the US Securities and Exchange Commission (SEC) lawsuit over alleged unregistered securities sales—have resurfaced. These documents show that Ripple executives and staff actively discussed promoting the narrative that Bitcoin is “controlled by China,” a claim often referred to as “China FUD” (Fear, Uncertainty, Doubt).
Big moves in the crypto world often get attention, but this one stands out. A staggering 360 million Dogecoin (DOGE), worth around $62.67 million, has just been transferred.
Dogecoin's price has dropped to $0.17 while active addresses surged 270%, with whales accumulating 1.7 billion DOGE as analysts watch key support at $0.16.
XRP faces a crucial test, with support, resistance, and market activity influencing its next move.
XRP has maintained a downtrend since reaching an all-time high of $3.40 on January 16. It currently trades at $2.18, noting a 35% price drop over the past two months.
XRP has taken a big hit, dropping nearly 8% in a day, after U.S. President Donald Trump changed his stance on crypto plans. He backed out of a strategy that aimed to create a national Bitcoin (BTC) reserve, crushing hopes that XRP could be included as a key reserve asset.
Amid the broader crypto market correction, the Dogecoin price has also tanked over 9% today testing its crucial support levels at $0.16. However, on-chain activity suggests that the positive momentum for DOGE could resume soon amid a 270% surge in active addresses over the last 24 hours.
Traders are now in a wait-and-watch mode as they approach the coming months, mainly eying macroeconomic data and decisions for cues on further positioning.
Dogecoin has dropped nearly 11% in the past 24 hours to $0.17, its lowest price since early November, and is down 30% over the last month.
XRP price may be poised for a massive rebound amid a surge in network activity. The number of weekly active addresses has surged to a fresh record high, indicating heightened interest among traders.
XRPs price recovery is facing serious challenges following a massive 730 million token outflow from the networks payment volume. This sharp decline in transactional activity has cast doubt on the assets ability to sustain upward momentum, reflecting waning investor confidence.
XRP saw a sharp decline on Sunday, falling 10.28% to $2.1065 by 13:57 (17:57 GMT) on the Investing.com Index. This marks its steepest one-day drop since March 3, pushing its market cap down to $124.75 billion, or 4.62% of the total cryptocurrency market.
Cardano (ADA) tumbled 10.01% on Sunday, hitting $0.7275 by 13:56 (17:56 GMT) on the Investing.com Index, marking its steepest one-day drop since March 3. This decline slashed its market cap to $26.07 billion, accounting for 1.37% of the total cryptocurrency market.
Cardano (ADA), after experiencing a notable price drop yesterday, is recovering as the asset has successfully retested the crucial support area of $0.70. Despite the ongoing recovery, the asset has still recorded a price drop of over 8% in the past 24 hours and is currently trading near $0.744.
The global crypto market is witnessing a market downturn and Ripple (XRP) is among the established projects that is losing the momentum it had late last year. However, a new RWA and AI-altcoin is gaining traction and it is expected to be the next big thing in crypto.
Dogecoin (DOGE), the first cryptocurrency born from a famous internet meme, transitioned from a satirical jab at bitcoin to a globally recognized digital asset with a loyal community and real-world utility.
Influential cryptocurrency analyst Ali Martinez anticipated a significant rebound for Dogecoin (CRYPTO: DOGE) despite the market slump on Sunday. What Happened: Martinez, known for spotting chart patterns and issuing price predictions, said in an X post that Dogecoin was nearing a critical support level at the lower boundary of the ascending channel.
XRP slumps amid SEC appeal uncertainty and Trump's crypto reserve pivot. Can regulatory clarity drive a recovery past $3.55?