Cryptocurrency prices slid as the spectre of a global trade war put investors on edge and pushed them out of risky assets.
On Feb. 2, 2025, XRP oscillated at $2.57 to $2.61 over the last hour, its market valuation eclipsing $150 billion alongside a $12.19 billion daily turnover. Intraday fluctuations spanned $2.52 to $2.95 per XRP, mirroring intense volatility as supply overwhelmed demand.
Bitcoin (BTC) is currently facing significant resistance at the $106,061 mark, and traders are divided on its next move. While some analysts are bearish, predicting a sharp decline into the $90,000 range, others remain optimistic about BTC's potential for a rally towards $120,000.
"This is undoubtedly my highest conviction macro trade for the year," Bitwise executive and analyst Jeff Park wrote on social media.
Bitcoin's price crashed to $97,000 today, down from highs of $109,500, as global financial markets see a widespread decline. Traders are scrambling to cover their positions after US President Donald Trump announced 10% tariffs on China, and 25% each for Mexico and Canada on Feb. 1.
The idea of the United States creating a Bitcoin reserve has been gaining attention recently, but a Federal Reserve official has now made it clear that such a move may face significant legal hurdles. Austan Goolsbee, president of the Federal Reserve Bank of Chicago, has spoken out on the matter, shedding light on the complex legal constraints surrounding the Federal Reserve's ability to hold digital assets like Bitcoin.
Amid the notable price decline across the cryptocurrency market, Ethereum (ETH) has been making waves as it has gained significant attention from crypto investors. The major on-chain analytics firm Coinglass revealed that whales, investors, and long-term holders have been accumulating the token.
People have always doubted Bitcoin, but when a Nobel Prize-winning economist said it will eventually fail, many paid attention. Related Reading: Bitcoin Has No Place In EU Central Bank Reserves, ECB Chief Says Eugene Fama, known as the “father of modern finance,” thinks that Bitcoin will eventually be worth nothing.
A crypto strategist known for making timely Bitcoin (BTC) and altcoin calls believes XRP is in a precarious spot as the coin struggles to stay above a key price level. Pseudonymous analyst DonAlt tells his 640,100 followers on the social media platform X that XRP has lost its immediate support at $2.
Ethereum's daily RSI concurred with the bearish structure with a reading below 50. What does this mean for ETH?
Ethereum's recent struggle to break back above $4,000 has left many wondering what it will take for the second-largest cryptocurrency by market cap to reclaim its former highs. After a significant downtrend since mid-December 2024, Ether (ETH) is currently trading just above $3,200, showing a decline of over 20%.
Bitcoin price plunged to a 14-day low of $96,821 on Sunday Feb 2, as markets weigh hawkish macroeconomic signals. Amid the market dip, key BTC on-chain indicators are hinting at an early rebound as the month unfolds.
Polymarket, the popular Polygon-based betting platform, has become the focal point for those speculating on MicroStrategy's next Bitcoin acquisition milestone. Bettors are placing substantial wagers on whether the company will reach the 500,000 BTC mark before March 2025.
Ripple has unlocked 500 million XRP from escrow, with transactions detected by Whale Alert. This follows an earlier release of one billion XRP tokens, transferred from unknown wallets to Ripple in four separate transactions, prompting a 13% decline in the XRP price.
Union Bank of Switzerland (UBS), the largest bank in Switzerland, is testing a tokenized gold product on Ethereum (ETH) layer-2 scaling solution ZKsync (ZK).
Crypto whales seem to be returning to the market with the aim of accumulating as much as possible as the market experiences a free fall. Recently, the on-chain analytics firm Coinglass revealed that whales and long-term holders have shown strong interest and confidence in XRP, Ripple Labs' native token.
Bitcoin (BTC) traders are projecting a higher price target for the largest crypto as whale accumulation spikes. The surge in BTC price to an all-time high above $107K and on-chain factors led to most analysts gauging a bull peak around $150K.
Bitcoin, freshly crowned with a peak of $102K, stumbles and dangerously flirts with $95K. A slight shiver or the beginning of a major downfall?
Bitcoin is now retesting the psychological $100,000 price level again after a 2.22% decline in the past 24 hours. Notably, Bitcoin recently rebounded around an order block at $99,200 in the past 24 hours as it continues to trade with intense volatility.
BlackRock spot Bitcoin (BTC) ETF saw massive inflows following the broader market rebound. Bitcoin ETFs have continued to dominate institutional demand for crypto assets since the U.S. Securities and Exchange Commission (SEC) approved the funds.
An Arctic blast descended upon the United States, bringing unprecedentedly low temperatures, particularly in Texas, which is a key hub for Bitcoin mining. The cold snap, which caused temperatures to plummet as low as 0°C in parts of the state, had a significant impact on the Bitcoin mining industry.
Bitcoin price lost the $100,000 level, and altcoins continued to sink lower. Will OM, XMR, MNT and GT lead the recovery?
The price of Bitcoin nosedived after President Donald Trump's administration signed an executive order imposing new steep tariffs on all imported goods from China, Mexico, and Canada. The top coin by market cap is now down 4.4% on the day and roughly 6.8% over the last week at a current price of $97,754.
Ethereum (ETH) is drastically down to $3000, and despite that, some traders are still managing to profit from this downward trend. This is the case for a savvy investor, who has made nearly 16 million dollars in gains by betting against the crypto!
According to CoinMarketCap, Bitcoin's price fell by an estimated 7.3% over the last seven days — faring better than most altcoins.
Crypto prices are crashing as President Trump suggests "pain" ahead for Americans in his brewing trade war, with Bitcoin under $97,000.
Solana (SOL) is experiencing a wave of bullish momentum, currently priced around $230. After a brief market correction, the cryptocurrency appears poised for a potential breakout, with many traders eyeing a $300 price target.
Vitalik Buterin dismissed calls to allocate 10% of portfolios to Bitcoin and reaffirmed his commitment to Ethereum over diversification.
XRP plunged by double digits to under $2.5 earlier today.
The price of XRP, the third-largest cryptocurrency by market cap, has collapsed by roughly 14% over the past 24 hours, according to CoinGecko data.
According to reports, more parents in the US are abandoning traditional 529 college savings plans in favor of Bitcoin.
Never mind that Bitcoin is extremely volatile. Some parents are seeing beyond that and opting to invest in cryptocurrency instead of traditional 529 college savings plans, hoping for higher returns despite the risks.
The following is a guest post from Christina Comben. If you've been following the crypto space for any length of time, you may be familiar with the name Ledn, pretty much the only centralized Bitcoin lending platform that didn't crash and burn in the aftermath of Terra/LUNA, FTX, et al in 2022.
Ripple Labs has moved 700 million XRP tokens into escrow.
The Bitcoin price has shown some level of resilience above $100,000 in the past few weeks, weathering the storm of uncertainty that came with Donald Trump's inauguration and the launch of the Chinese AI platform DeepSeek. However, a prominent analyst on the social media platform X has come forward with a worrying prediction for the premier cryptocurrency.
The latest on-chain data shows that the Bitcoin network activity has been waning over the past few months, with the blockchain metric reaching a new low recently.
The crypto market has responded to President Trump's plan to implement 25% tariffs on imported goods from Canada and Mexico, with 10% tariffs on Canadian energy and Chinese goods, with a broad sell-off that has hit memecoins particularly hard.
According to Hougan, if the January flow is annualized, Bitcoin ETFs would record around $59 billion in inflows, far above the $35.2 billion inflows in 2024.
The SEC has placed an importance on regulated futures markets for past crypto ETF approvals.
Ripple unlocks US$1.136 billion worth of XRP tokens, making a significant move in the market.
XRP, the popular cryptocurrency used for fast and low-cost transactions, has hit a major milestone—surpassing 6 million holders, according to recent on-chain data. The latest numbers reveal a significant surge in adoption, driven by an influx of retail-sized investors into the XRP network.
On Sunday, Feb. 2, 2025, the price of bitcoin fell below the $100,000 mark, reaching an intraday low of $98,141. Selling Pressure Sends Bitcoin Below $100K It is not an ideal day for the world's leading crypto asset, which has declined about 3% against the U.S. dollar over the past day.
Ethereum whale secures $16.8M profit with a 50x short position ahead of ETH's 5% drop. February's historical 17.13% average return hints at possible ETH rebound.
As XRP continues its climb, racking up nods from global regulators and initiatives to expand adoption including a potential Grayscale XRP ETF and CME XRP futures, a shadow of doubt is cast upon its regulatory standing in the Chinese special administrative region of Hong Kong.
New Defense Secretary Pete Hegseth brings cryptocurrency holdings to the Pentagon's top post, with financial disclosures showing he owns between $5,000 and $15,000 in Bitcoin amid his broader support for digital assets. “Look at [Donald] Trump, making bitcoin great again,” Hegseth said during a Fox News segment in November after Bitcoin initially surged past $80,000.
"I LOVE $TRUMP," the United States President posted about his Solana meme coin. It only fell harder, amid criticism over the promotion.
January has proven to be a captivating period for many crypto assets, with bitcoin (BTC) managing a 2.3% rise against the U.S. dollar since the onset of 2025. However, several other digital currencies recorded quadruple and triple-digit gains, while numerous coins experienced losses ranging from 55% to nearly 80% over the past month.