On-chain data shows XRP whales, mostly long-term investors, have been taking profits despite short-term investors anticipating a major rebound in the near future.
XRP has recovered 25% from recent lows to trade above $2.50, with multiple analysts projecting higher targets based on technical analysis while maintaining strong support levels despite a recent token unlock.
Hit by President Donald Trump's announced tariffs on major trading partners, China, Canada, and Mexico, the overall crypto market felt the impact, leading to a sell-off and increased selling pressure on altcoins.
XRP price has surged more than 6% today amid a broader market recovery after the recent crash. This surge also reflects the market participants' regaining confidence in the digital asset space.
XRP has soared by 13% in the past 24 hours, bouncing back alongside the broader cryptocurrency market after a few days of decline. This rebound comes as major cryptocurrencies, which had fallen to multi-month lows, recover from recent losses, offering a temporary relief rally to investors.
As XRP faces regulatory hurdles, Remittix emerges as a smart crypto-to-fiat payment solution, attracting investors with its potential for major growth in 2025. #partnercontent
After a vicious crash, XRP recently saw one of the most dramatic price swings in its history, recovering 42%. The chart's enormous knife caused the asset to fall below important support levels before rapidly rising again.
XRP, the digital asset connected with Ripple, has witnessed a drastic drop in price, plunging over 25% in a short period. The cryptocurrency fell to as low as $1.77 on Binance, representing a significant 43% decrease from the daily open on January 31, 2025.
As most of the crypto market remains in red, Solana (SOL) has started to recover from the market's sharp correction. The cryptocurrency's price has surged 7.5% in the last 24 hours, recovering from its three-week low and leading some analysts to suggest the bleeding might be over.
Donald Trump's decision to impose tariffs on imports from Canada, Mexico, and China led to a steep drop in bitcoin and broader equity markets on Monday.
Following President Donald Trump's recent tariff announcement, global markets are in turmoil, with U.S. stock futures dropping significantly.
Bitcoin, Solana, and other cryptocurrencies rebounded on Monday after U.S. President Donald Trump and Mexican President Claudia Sheinbaum agreed to delay the 25% tariffs.
Everstake, a prominent decentralized staking service provider, announced on Sunday its partnership with Fragmetric, a liquid restaking protocol on Solana. The partnership will allow more flexibility and rewards to stakers where they can restake their assets while keeping liquidity.
XRP saw a strong rally on Tuesday, jumping 11.49% to trade at $2.6990 by 19:58 (00:58 GMT) on the Investing.com Index. This marked its biggest one-day percentage gain since January 15.
Cryptocurrency prices showed signs of recovery on February 4, following the announcement that US President Donald Trump has paused the implementation of newly imposed import tariffs on Canada and Mexico for 30 days. This pause alleviated concerns about a potential trade war, boosting market sentiment globally.
Recent discussions have arisen around whether Ripple has the power to create more XRP beyond the original supply of 100 billion tokens. Some critics, like Pierre Rochard, a Bitcoin maximalist and Vice President of Research at Riot, have claimed that Ripple might be able to increase the token's supply.
XRP faces intense selling pressure as whales offload over 130 million tokens, triggering a 26% price drop.
On Monday, February 3, the U.S. Securities and Exchange Commission (SEC) implemented a new policy that could slow down its crypto-related investigations. According to Reuters, sources familiar with the matter revealed that SEC lawyers are now required to get approval from politically appointed leadership before formally initiating probes.
XRP price recovered most losses and rallied over 25%. The price is back above $2.65 and now faces hurdles near the $2.820 level.
A market analyst who accurately forecasted XRP's recent price downturn is now evaluating what comes next as the asset stabilizes above the $2 mark. The broader cryptocurrency market experienced a sharp downturn, resulting in over $2.2 billion in liquidations, the worst liquidation event since the FTX collapse.
Cryptocurrency prices have rebounded this week after the tariff risks eased, with Donald Trump approving a 30-day extension. Bitcoin has jumped above $100,000, while the market cap of all coins jumped to over $3.5 trillion. Cryptocurrency prices have a key catalyst ahead: the potential Litecoin, Hedera Hashgraph, Solana, and XRP ETF approvals.
Traders now question whether Solana will rebound or continue its descent amid negative sentiment and ETF anticipation.
SEC rule change dilutes crypto enforcement powers, fueling XRP demand. Will Ripple's legal battle drive XRP past its all-time high?
Ethereum and Solana rebounded sharply from weekend lows after the U.S. halted trade penalties, with AI tokens providing additional momentum.
A closely followed crypto strategist is warning that layer-1 protocol Solana (SOL) may be on the verge of a severe corrective move. Analyst Ali Martinez tells his 122,400 followers on the social media platform X that Solana is in danger of plunging to levels last seen in October of 2024.
A significant 29,532,534 XRP transfer has made headlines in the cryptocurrency market, raising eyebrows and fueling concern over potential price movements. The transaction, valued at approximately $68.36 million, was made by an anonymous whale and sent to the popular Coinbase exchange, one of the top platforms for cryptocurrency trading.
The cryptocurrency market continues to display volatile behavior as XRP, Dogecoin (DOGE), and Ethereum (ETH) struggle to maintain their bullish momentum amid current downturns. As some coins, like XRP, show signs of weakness, others like Ethereum remain stuck in a downward trend.
Cryptocurrency prices bounced back in the overnight session after Donald Trump paused the sweeping tariffs on Mexico and Canada, removing one of the biggest risks in the market. Bitcoin jumped to over $100,000, while most altcoins jumped by over 10%.
XRP's price plummeted by 43%, wiping out weeks worth of gains. Just the most recent daily candle has created a vicious knife that is 30% downward, indicating extreme volatility and panic selling.
Polymarket places an 85% chance on a Solana ETF approval in 2025. With SEC shifts and institutional backing, will it happen soon?
Crypto asset management giant CoinShares says institutional investors poured hundreds of millions into digital asset investment vehicles last week despite volatile market conditions. In its latest Digital Asset Fund Flows report, CoinShares says that institutional crypto investment vehicles brought in nearly $530 million last week despite the market-wide slump triggered by Trump tariffs and DeepSeek.
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It's been a wild roller coaster for the crypto market over the past 48 hours. On Sunday, values dropped in a short period of time as investors realized U.S. tariffs on goods imported from Canada, Mexico, and China would hit as early as Tuesday.
Cryptocurrency markets are trading higher on Monday despite record volatility seeing Bitcoin swing $10,000 per coin in nominal value over 24 hours. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $102,020.83 +4% Ethereum (CRYPTO: ETH) $2,737.78 -7.5% Solana (CRYPTO: SOL) $212.78 +4.3% XRP (CRYPTO: XRP) $2.68 -0.03% Dogecoin (CRYPTO: DOGE) $0.279 +1.2% Shiba Inu (CRYPTO: SHIB) $0.00001615 +1.7% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 26.6% and daily active addresses down by 0.4%.
Surprisingly, the OBV did not form new lows compared to mid-January, instead hovering just above those higher lows.
The crypto market just pulled off a dramatic reversal, with Bitcoin rebounding from $91,252 to $101,549 as of writing in hours. Every time BTC dips to this level, buyers aggressively defend it, making it a strong demand zone.
After a sharp decline across the crypto market, all eyes are on XRP due to its impressive recovery in the last few hours.
Solana (SOL) faced a brutal selloff yesterday, mirroring the broader market collapse triggered by escalating U.S. trade war fears. The price plummeted over 19% in less than 24 hours, wiping out weeks of gains and sending shockwaves through the crypto market.
Crypto analyst CasiTrades has revealed what could come next for the XRP price following its rebound above the crucial $2.60 level. XRP is one of the top cryptocurrencies that has achieved a major bounce following the pause of tariffs imposed by the US on Mexico and vice versa.
The crypto market is going through a period of instability, and Solana (SOL) is on the front lines. Since February 1st, the drop of Bitcoin below $100,000 has caused a shockwave across altcoins.
Bitcoin and select altcoins bounced back sharply, indicating solid purchasing demand at lower levels.
Solana's market cap is close to hitting $12 billion.
Trump and Sheinbaum agreed to immediately pause the tariffs for one month, during which there will be further negotiations.
Stablecoin inflows to the Solana decentralized finance (DeFi) ecosystem have expanded at a faster rate compared to Ethereum in relative terms in the first month of 2025.
San Francisco-based blockchain company Ripple has minted an additional million of RLUSD tokens, according to the latest data provided by the @RL_Tracker account.
XRP, once on the verge of reaching a new all-time high, has recently charted a two-month low. This shift comes amid widespread bearish market conditions, leading to massive liquidations among XRP holders.
According to Claudia Sheinbaum and Donald Trump, tariffs between the US and Mexico are paused for one month. This has already triggered a rebound for the crypto market, particularly XRP.