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Crypto markets are stabilizing and trending upward after an initial drop following the higher-than-expected COnsumer Price Inflation report. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,166.74 +2.2% Ethereum (CRYPTO: ETH) $2,679.72 +3.4% Solana (CRYPTO: SOL) $193.42 -1% XRP (CRYPTO: XRP) $2.44 +2.7% Dogecoin (CRYPTO: DOGE) $0.2612 +4.6% Shiba Inu (CRYPTO: SHIB) $0.00001680 +8.4% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 3.2% and daily active addresses grew by 2.6%.

Bitcoin bears are finding it difficult to pin the price below $95,000, indicating solid demand at lower levels.

XRP, one of the leading cryptocurrencies, has recently experienced a significant downturn in its value. Over the past seven days, it has dropped by 4%, and in just 24 hours, it has fallen by nearly 2.9%.

Inflation-wary consumers are still worried about rising prices — for good reason. And, the ripple effect could mean Corporate America spending less money on digital advertising this year.

Crypto analyst Egrag Crypto has provided an ultra-bullish outlook for the XRP price, predicting it could rally to triple digits. The analyst revealed when the crypto would enjoy this parabolic rally to this price target.

Litecoin (LTC) has emerged as one of this year's strongest performers, climbing 14% year-to-date as speculation grows around a potential spot exchange-traded fund (ETF) approval in 2025. On prediction markets like Polymarket, traders have increased the odds of Litecoin's ETF approval from 50% at the start of the year to 84% today.

XRP price could drop to $1.60 if the bearish indicators seen on the altcoin's daily chart are confirmed.

Not much has been happening on the cryptocurrency market lately. So "not much" that speculation is becoming abnormal and creating patterns that rarely appear on the price charts of our beloved digital assets.

The Trump memecoin hit a high of approximately $79 one day after launching — causing widespread congestion issues across crypto platforms.

The cryptocurrency market is bracing for a potential breakthrough as speculation builds over the US Securities and Exchange Commission's approval of XRP ETFs. Though the SEC's next move is unclear, experts believe that a major announcement is imminent.

Ripple's chief technology officer and co-creator of XRPL David Schwartz has taken part in Ripple's series of educational videos called “Crypto in a minute.”

In this ongoing market uncertainty, XRP, the native token of Ripple Labs, appears to be consolidating within a tight range between $2.31 and $2.53 over the past few days. This consolidation serves as a crucial support level, reinforced by XRP's ascending trendline since late November 2024.

The SEC's decision on Grayscale's XRP ETF could significantly impact the regulatory landscape and future of crypto asset classifications. The post SEC may acknowledge Grayscale XRP ETF filing as early as tomorrow appeared first on Crypto Briefing.

With Bitcoin‘s (CRYPTO: BTC) price struggling and U.S. inflation data exceeding expectations, market analysts recommend that crypto investors holding long positions prioritize downside protection and closely monitor institutional flows. After hotter-than-expected inflation data was released, Bitcoin experienced a 2% decline to levels below $95,000, highlighting the ongoing volatility and uncertainty within the cryptocurrency market.

The crypto market was down in the early Wednesday session, apparently in response to recent remarks by Federal Reserve Chair Jerome Powell. The majority of crypto assets, including Bitcoin, XRP and Shiba Inu, are posting losses on the day as Fed Chair Jerome Powell sparked caution across the markets with his recent statement.

Despite its very impressive launch, the TRUMP token has since struggled in the crypto market. Prices have fallen over 79% from their January 19 peak.

Due to its unique characteristics, Rexas Finance (RXS) is emerging as a leading altcoin. Many experts and analysts believe it has the potential to challenge Cardano (ADA) and Ripple (XRP) in market traction. A disruptive force in asset tokenization, Rexas Finance has introduced innovative utility features and secured institutional interest.

After years of turmoil driven primarily by the pressure from the legal battle between Ripple Labs and the Securities and Exchange Commission (SEC), things started looking up once XRP gained legal clarity that it was not a security.

XRP Ledger hits 2,000+ transactions per ledger, driving adoption. Can XRP hit $5? Explore the latest price forecast and discover the best wallet for crypto staking. The post Will XRP Explode to $5? XRPL Sees Record Transaction Growth in Bullish Sign appeared first on Cryptonews.

The U.S. Securities and Exchange Commission is expected to acknowledge Grayscale Investments' application to convert its XRP Trust into a spot exchange-traded fund as early as Thursday, Feb. 13.

The lawsuit between Ripple Labs and the Securities and Exchange Commission (SEC) may be poised for a significant turning point under the agency's new leadership. With Donald Trump once again occupying the White House, Paul Atkins has been nominated as the new SEC Chairman, succeeding Gary Gensler.

XRP price has been accumulating in a tight range between $2.25 and $2.54 for the past five days, and a break outside it could be due.

The XRP Army didn't take recent comments from Eric Yakes, the author of The 7th Property: Bitcoin and the Monetary Revolution, very kindly.

XRP's short-term moving average just crossed the 50-day EMA, which could be an important signal of short-term downward volatility. Such crossover has implications for the asset's trajectory in the near term, even though it is not on a par with the 50-day EMA cross.