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Standard Chartered‘s Head of Digital Assets Research Geoffrey Kendrick on Monday advised against buying the dip in cryptocurrencies until outright back-end U.S. Treasury yields come lower. What Happened: In a note to Benzinga, Kendrick stated that the current sell-off differs significantly from the previous one.
The news of Trump's Tariff war and Ripple's 400 million XRP unlock, valued at around $1.136 billion has instantly shaken the market, sending XRP's price plummeting by over 24.6% in just 24 hours. XRP has dropped over 15% amid the recent crypto market crash, with a top expert predicting a further drop to $1.90.
The market has started with the dump of most of the coins, according to CoinMarketCap.
The meteoric rise of XRP price during the fourth quarter of 2024 has significantly reduced year-to-date as the Donald Trump-induced crypto rally cools down.
The crypto market has been pummeled as Donald Trump's tariffs shock the markets, sending an array of assets spiraling. Bitcoin (BTC) is down nearly 7% over the past 24 hours after struggling to stay above $100,000.
The combined crypto market cap dropped by 7.355 in the past 24 hours to $3.13 trillion, with Bitcoin (BTC), Ethereum (ETH) and XRP in the spotlight. With XRP down by over 17.7% in 24 hours, there are lingering signs of a sell-off by the coin's holders.
The crypto market is experiencing significant instability, and XRP is bearing the brunt of it. Indeed, the asset linked to Ripple has plunged by 25%, reaching an unprecedented low in several weeks.
The cryptocurrency market is experiencing a tough period, with many digital assets facing significant price declines. XRP is one of the hardest-hit tokens, showing a sharp drop of over 20% in just the last 24 hours.
Crypto exchange-traded products (ETPs) recorded a fourth straight week of inflows, bringing in $527 million last week, according to CoinShares‘ latest report. James Butterfill, the head of research at CoinShares, said that market sentiment fluctuated significantly throughout the week, shaped by broader economic concerns.
XRP price has been on the investors' radar lately amid the ongoing crypto market crash. However, a top market expert has revealed key levels for Ripple's native crypto, predicting a potential crash to below $2.
Federal Reserve chair Jerome Powell has flung the door open for Wall Street to further adopt bitcoin and crypto
In a post on X , attorney Jeremy Hogan from Hogan & Hogan P.A.—well-known within the XRP community for his legal insights on the ongoing Ripple vs.
Buying the dip after a massive liquidation flush and higher demand for stablecoin could fuel growth in bitcoin and the broader crypto market, some say.
Ripple's recent token release from escrow has sparked a significant market reaction, with XRP's price falling sharply by 24.6% in the past 24 hours. On February 1, Ripple unlocked 400 million XRP tokens, valued at about $1.136 billion, which caused a notable downturn in the cryptocurrency's value.
XRP experienced a 22% price drop to $2.23 despite analyst predictions of potential growth to $70, with market data showing mixed signals across trading metrics.
XRP rebounds 35% after Trump's tariff-induced crypto crash, mirroring past capitulation events that led to 1,000% rallies.
XRP's price has plunged 24.6% in a day, sparking fears of a total collapse.
XRP (XRP -22.84%) is the native cryptocurrency on the XRP Ledger, a blockchain built by technology company Ripple to enable faster and cheaper cross-border transactions. XRP soared about 500% in the past year, but its price has also declined 15% during the last two weeks, such that the cryptocurrency currently trades at $2.88 as of Feb. 1.
XForceGlobal Analyst Anticipates Ripple Price Breakout Amid Whale Interest in Binance and Elluminex
The collapse, however, was followed by a rebound, and it did not affect the bulk of the gains at the end of 2024.
Ripple Labs has recently made waves in the cryptocurrency world by locking 700 million XRP tokens into escrow, a move that has captured the attention of traders and investors alike. This action, taken on February 2, 2025, comes amid a rough period for the cryptocurrency market, raising the question: what does this mean for XRP's price, and should investors be concerned?
The cryptocurrency market has currently drifted into the severe red zone and There's been a significant drop in altcoins, especially with Ethereum, XRP, ADA and others seeing massive liquidations in minutes. A staggering $2 billion worth of liquidations have happened within 24 hours.
Charles Hoskinson, the founder of Cardano (ADA) and CEO of Input Output Global (IOG), delivered a wide‐ranging AMA on February 2, 2025, covering potential partnerships with the Internet Computer Protocol (ICP), Cardano's stablecoin strategies, Bitcoin interoperability, and ongoing initiatives with various countries.
The crypto market has plunged into the fear zone of the crypto fear and greed index, sliding to sentiment levels last seen in October 2024. A mix of fresh U.S.
