XRP has suffered a staggering 43% drop, wiping out weeks of gains. The latest price action saw a sharp 30% intraday decline, signaling panic selling and extreme volatility.
XRP price struggled to continue higher above the $2.75 zone and dipped. The price is showing a few bearish signs below the $2.60 level.
The Official TRUMP (TRUMP) coin has surged 4.27% in the last 24 hours, reaching $18.50, with a market cap of $3.7 billion. Despite this short-term rally, TRUMP remains down 75.36% from its all-time high of $75.35 set on Jan. 19.
Ripple's CLO, Stuart Alderoty, recently shared his thoughts on the new U.S. administration's approach to cryptocurrency. In an interview with CNBC, Alderoty expressed his satisfaction with the changes brought about by the new administration. He explained that the previous administration had essentially waged a “war” on crypto, pushing the industry out of the U.S.
Ethereum price started a recovery wave above the $2,650 zone. ETH is showing positive signs and might aim for a move above the $2,880 resistance.
XRP Price Dips Amid SEC Appeal Uncertainty XRP slides 5.8% as traders weigh the impact of SEC's legal shake-up. Could a shift in regulatory stance boost XRP's long-term outlook?
Broader cryptocurrency markets saw declines over the past 24 hours, with total market capitalization dropping 2.01% to $3.17 trillion. Cryptocurrency Gains +/- Price (Recorded at 8.15 p.m.
Ethereum experienced one of the most chaotic trading days in its history last Monday, as it plunged over 30% in less than 24 hours amid escalating U.S. trade war fears. However, the market quickly rebounded after President Trump announced negotiations with Canada and Mexico, leading to a sharp recovery across crypto assets.
XRP, the native cryptocurrency of Ripple Labs, has faced significant struggles recently despite earlier bullish projections. Like many other cryptocurrencies, XRP has been caught in the turbulence of a volatile market.
Recently, XRP's price has plummeted below the 50 EMA, which frequently serves as a crucial support for bullish momentum. Many traders are wondering if a return to the $3 mark is still feasible given that the asset is currently having difficulty holding above $2.50.
With recovery uncertain and BTC capital flow slowing, Ethereum's long-term price action is in question.
The Cboe BZX Exchange proposes Rule 19.3 amendment to list Ethereum ETF options, as spot ETF trading volume hits record $1.5B amid growing institutional demand.
The Cboe BZX Exchange has proposed listing and trading options on spot Ethereum exchange-traded funds (ETFs).
Ripple's XRP Ledger experienced a brief but significant outage on February 5, 2025, causing a 64-minute disruption in network operations. The temporary shutdown caused some concerns among users and impacted the price of XRP, leading to a slight dip in market sentiment.
XRP traded relatively quietly on Thursday following a strong performance on Wednesday, when it outperformed the broader cryptocurrency market, rising by 2.5%. The uptick came after CEO Brad Garlinghouse shared a photo of himself with the President-elect, sparking renewed interest in the crypto.
XRP price remains under pressure, trading within a key range as technical indicators signal potential downside risks. The recent 64-minute outage, which briefly halted transactions, has now been resolved, but it did little to boost investor confidence.
Solana's ecosystem is displacing demand for altcoins and Ethereum-based tokens, due to ease of use and more opportunities to bet on new tokens.
Ripple's new partnerships with Revolut and Zero Hash mark significant expansion for RLUSD stablecoin, aiming to challenge USDT and USDC market dominance.
Cryptocurrency analyst and trader Jason Pizzino believes three top altcoins may be forming bullish reversals after the market's correction. In a new video, Pizzino tells his 348,000 YouTube subscribers that Ethereum (ETH) may soon regain $3,000 as support after bouncing off of a low of around $2,100.
The growing rivalry between Tron (TRX) and Ethereum (ETH) has taken a new twist with an unusual network shift. According to data insights from the crypto analytics platform CryptoQuant, Tron has surpassed Ethereum in network fee revenue.
Cryptocurrency and stablecoin infrastructure platform Zero Hash is integrating Ripple's RLUSD stablecoin. The integration lets Zero Hash customers access RLUSD on the XRP Ledger and Ethereum networks, according to a Wednesday (Feb. 5) press release.
SUI, the native token of a Layer-1 blockchain, has recently experienced a steep price decline, dropping by more than 30% within the last month. As a result, traders and investors are growing increasingly concerned about the future of the token.
Avalanche faces bearish pressure after breaking a symmetrical triangle.
The XRP price has entered a Golden Pocket—a key Fibonacci retracement level that often acts as strong support. According to a crypto analyst, this new development could present an attractive buying opportunity for investors, especially as the market consolidates.
Avalanche (AVAX) price has been in a downtrend for the last two months, currently trading at $27. The altcoin has lost key support floors, which has caused whale investors to lose patience.
The Cboe BZX Exchange has proposed a rule change to enable options trading on spot Ethereum exchange-traded funds (ETFs). This move follows the rapid growth of Ethereum-based investment products and could lead to increased liquidity and price stability.
The Ripple-linked XRP is the biggest loser in the top 10 coins by market cap Wednesday following XRP Ledger technical issues.
The XRP Ledger halted block production for over an hour on February 4 before spontaneously recovering — marking a rare network disruption for one of the crypto industry's oldest blockchains. Developers confirmed that no customer funds were lost during the network halt.
Ethereum co-founder Vitalik Buterin stated that the Pectra upgrade will be deployed in March. The Ethereum Network continues to undergo changes, boosting its scalability amid tight competition from new networks.
Sui (SUI) has gained the attention of traders after forming an attractive risk-to-reward ratio that appears favorable for short-term gains. The recent price action has led to a notable shift in market sentiment, with traders now focusing on critical support levels to determine the next movement.
The largest asset manager in the world is buying the Ethereum dip to custody funds for its ETH-based exchange-traded fund (ETF). According to BlackRock's data, the firm picked up 100,535 ETH – worth about $276.2 million at time of writing – for its iShares ETHA product.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Crypto analyst Michaёl van de Poppe urges investors to hold their crypto assets, emphasizing that Bitcoin (CRYPTO: BTC) is fairly valued while altcoins remain heavily undervalued. What Happened: Van de Poppe highlighted on Wednesday on X that the crypto market is currently experiencing one of the most extreme bearish sentiments in its history, following a prolonged period of capitulation.
Ether could be trading at a discount, but reclaiming $3,400 could be a huge challenge.
The latest cryptocurrency investment of a US legislator, who bought Ethereum (ETH) when its price dropped below $3,000, is generating headlines. Representative Michael Collins has reportedly taken advantage of the dip by purchasing between $1,000 and $15,000 worth of Ethereum.
Cryptocurrencies rose today as the more friendly regulatory environment promised by President Donald Trump began to take shape, and as new economic data sent Treasury yields lower.
Ripple Labs is still in the midst of its long-running legal battle with the U.S. Securities and Exchange Commission (SEC), which has drawn significant attention within the crypto world. The lawsuit, which began in 2020, revolves around allegations that Ripple failed to register its XRP token as a security with the SEC.
The price of Ethereum is currently -42.5% below its all-time high of $4,891.70, reached on November 16, 2021.
Tenreiro worked at the SEC for over 11 years, first joining as an enforcement lawyer before serving as the agency's chief crypto litigator.
Ethereum (ETH) endured a turbulent week, plunging to a massive low of $2,065 amid geopolitical trade war tensions before rebounding as investors capitalized on discounted prices, currently down 2.1% over the last day. Trade War Fears Rock ETH Ethereum opened the week at $3,200-$3,400 but crashed to a significant low of $2,065 on Feb.
The Ripple USD (RLUSD) stablecoin has secured several new listings, according to a Wednesday announcement.
The SEC has reassigned Jorge Tenreiro, its top crypto litigator, to an unspecified position in its IT Department. Instead of more enforcement, the Commission's Crypto Task Force seeks to reorient its relationship with the industry.
TL;DR The Ethereum market dropped 27% on Monday, hitting $2,135, due to Donald Trump's trade tariff announcements and adjustments in leveraged positions. On Tuesday, the 2x ETH ETF saw a record inflow of $246.5 million, and other ETH products received $308 million in inflows.
In a recent development, Ripple announced that its RLUSD stablecoin is now available for trading on two crypto platforms. This adds to the growing list of trading platforms that have already added support for the stablecoin, which provides a bullish outlook for the XRP ecosystem.
XRP currently trades at $2.43 to $2.46 over the last sixty minutes, down 6.4% over the past day, with a market capitalization of $142 billion, a global trade volume of $7.93 billion, and a 24-hour intraday range of $2.44 to $2.70, reflecting persistent bearish pressure in the market.
XRP (Ripple) price has experienced a sharp correction, mirroring the broader crypto market decline. The token has fallen below a key resistance level, raising investor concerns.
The U.S. Securities and Exchange Commission (SEC) has reassigned one of its top crypto litigators, Jorge Tenreiro, to its IT department. This move follows recent changes in the agency's stance on cryptocurrency regulation under the leadership of Acting Chairman Mark Uyeda.