Bitcoin plunged to a three-month low below $88,000 Tuesday morning, dragging the wider crypto market down with it.

Despite a series of macro- and micro-market developments promising the creation of a favorable market environment for top cryptos, especially XRP – including US President Donald Trump's mention of XRP on the Truth Social platform, strengthening speculations over the US XRP Reserve possibility, increasing the probability that the US SEC will withdraw its lawsuit against

In the aftermath of the Bybit hack, the crypto market sell-off is deepening, with combined crypto liquidations reaching $1.34 billion in the past 24 hours. While Bitcoin (BTC), Ethereum (ETH) and XRP are leading this sell-off, almost all altcoins in the top 100 are experiencing massive price drawdowns.

XRP is establishing new trading patterns against Bitcoin, and traders are closely monitoring a potential shift in market dynamics. XRP has exhibited remarkable strength over a lengthier timeframe, with a 31% gain against Bitcoin during the past month, despite a 15% decline in the past week.

Despite falling by about 20% during the past 30 days, XRP (XRP -15.42%) just got a key green light that sent its price soaring by 12% on Feb. 13, with further gains in the days that followed. The best part is that there's now reason to believe that even more growth might be on the way, provided that a few new potential catalysts play out as anticipated.

XRP has broken below several key support levels including the critical $2.50 threshold, entering a bearish zone with immediate resistance at $2.4880 while showing oversold conditions that might trigger a temporary relief rally.

In a surprising move, Robinhood announced that the Securities and Exchange Commission (SEC) has decided to drop its investigation into the trading app's crypto division. This comes after a series of similar decisions made by the SEC regarding other high-profile crypto companies.

Historical trends have always shaped the cryptocurrency market; one of the most spectacular rallies in recent years was the dramatic increase in 2021 of ripple (XRP). Mass price swings in XRP rewarded early investors with large gains and confirmed its position as the main player in the crypto scene.

Liquidations crossed the $1.35 billion level in the past 24 hours as a market slide worsened.

XRP has experienced a steep drop, losing a sizable amount of its value as market sentiment turns pessimistic. The cryptocurrency fell by more than 7%, breaching the key support levels and possibly indicating more declines to come.

The cryptocurrency market is not new in terms of periods of strong altcoin activity, often accompanied by a notable drop in the dominance of Bitcoin, which lets altcoins shine. Altcoin seasons have historically been linked with these times of weakening Bitcoin market dominance, opening the path for alternative cryptocurrencies to record notable price swings.

As the US Securities and Exchange Commission (SEC) takes progressive steps to resolve ongoing crypto lawsuits, attention is now focused on the landmark XRP lawsuit. Though many believe that the Ripple vs SEC case settlement is imminent, legal experts like MetaLawMan warn of a possible delay in the case.

XRP price has continued its free fall today, losing more than 9% amid a broader crypto market crash. Amid this, a top market analyst has highlighted key support zones for Ripple's native asset while hinting towards a potential drop to $1.6.

Bitcoin's price recently dipped below $91,000, marking its lowest point in months, causing a ripple effect throughout the broader crypto market. In just 24 hours, over $100 billion in market value was wiped out. This has led to increased uncertainty, with Bitcoin down by 5% and altcoins suffering even bigger losses.

XRP, BNB, and DOGE are facing key technical breakdowns, triggering fresh downside risks. Will these dips lead to deeper losses or present new buying opportunities?

Ripple's XRP is currently down by more than 8% and is trading at $2.28. The cryptocurrency market is currently experiencing a downward trend, with several major coins facing declines. Both Bitcoin (BTC) and Ethereum (ETH) are seeing significant declines. Bitcoin is priced at $92,017, down by 3.

February 25, 2025 05:31:34 UTC Crypto Liquidations Fuel $950M Sell-Off After Tariff Announcement Bitcoin fell to a multi-week low, triggering $950 million in liquidations after President Trump announced a return to 25% tariffs on over $900 billion in Canadian and Mexican imports, raising inflation fears.

Ripple's native cryptocurrency, XRP, has consistently been a focal point within the cryptocurrency market due to its innovative approach to cross-border payments. As of now, XRP is valued at approximately $2.42, and its price history shows substantial volatility, influenced by both market conditions and regulatory developments.

The cryptocurrency market has been shaken by fear, uncertainty, and doubt (FUD) following the Bybit hack, triggering increased volatility. This uncertainty has impacted investor sentiment, with digital asset investment products recording $508 million in net outflows, primarily from Bitcoin.

Ripple CTO David Schwartz has weighed in on the ongoing debate about Bitcoin (BTC), Ethereum (ETH), and the XRP Ledger (XRPL), emphasizing XRPLs technical advantages. Responding to an X users comparison of transaction models, Schwartz stated that while Bitcoin dominates due to brand recognition rather than technical superiority, XRPL offers clear benefits over Bitcoin.

Traders said the current bearish sentiment could be overblown and macroeconomic decisions were key to support market growth.

Trading activity weakened as turnover plunged amidst broader market uncertainty and cautious sentiment.

XRP price started a fresh decline below the $2.550 and $2.50 support levels. The price is now testing $2.250 and might continue to move down.

XRP could drop by 13% to reach the $2.10 level if it closes a four-hour candle below the $2.50 mark.

SEC drops Robinhood probe, signaling a crypto policy shift. Will this impact XRP's legal battle and ETF approval prospects?

XRP, the cryptocurrency associated with Ripple Labs, has encountered significant challenges in recent days, with the token unable to maintain its vital support level at $2.50. Amidst a broader downturn in the cryptocurrency market, XRP has adopted a bearish trajectory.

Widely followed crypto strategist Michaël van de Poppe believes that one Ethereum (ETH) rival is in a position to ignite a real bullish phase. Van de Poppe tells his 776,000 followers on the social media platform X that the layer-1 protocol Near (NEAR) appears to be carving a cycle bottom.

In a Friday meeting with the SEC's crypto task force, industry leaders asked the regulator to fast-track all sorts of assets for ETF approval.

XRP price prediction: Ripple price is in freefall as the crypto market crashes — how low can it go? Will XRP price reach $1?

Bitcoin and most altcoins crashed on Tuesday morning, continuing a trend that has been going on in the past few months. BTC crashed to $91,000 for the first time since February 3rd and 15% below its highest level this year. Other altcoins were also in the red.

With its price hovering just above a crucial support level, XRP is at a turning point. At $2.49, the asset has dropped 4.13% over the past day and broken through the rising trendline that has served as the basis for its bullish structure.

Crypto prices are falling, as Bitcoin and Ethereum lead $686 million worth of liquidations and Solana and Dogecoin show double-digit losses.

Crypto asset management firm CoinShares says institutional whales pulled hundreds of millions of dollars out of crypto investment vehicles last week. According to CoinShares' latest Digital Asset Fund Flows Weekly Report, last month's US presidential inauguration had a negative impact on investor sentiment last week.

Crypto markets are under pressure on monday as Bitcoin struggles to reclaim $96,000. Sentiment remains weak amid recent hacks and ETF outflows.

Hedera (CRYPTO: HBAR) has seen a 35% decline this past month, but the approval process for a spot HBAR ETF has triggered renewed interest among traders. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Hedera (CRYPTO: HBAR) $0.2139 $8.96 billion +1.8% +1.3% XRP (CRYPTO: XRP) $2.44 $141.4 billion -4.3% -7.4% Cardano (CRYPTO: ADA) $0.7253 $25.5 billion -5.2% -8.6% Trader Notes: Crypto trader Javon Marks sees HBAR's first breakout target at $0.504, a 128% increase from current levels.

Already in 2018, XRP (CRYPTO: XRP) had a prominent advocate: actor Ashton Kutcher . What Happened: In 2018, Hollywood actor Ashton Kutcher introduced XRP to mainstream audiences by donating $4 million worth of XRP through the XRP payment app to The Ellen DeGeneres Wildlife Fund live on her talk show.

In the past few days, the overall cryptocurrency market has experienced a notable price drop, shifting market sentiment. Amid this, XRP, the native token of Ripple Labs, failed to hold its crucial support level at the $2.50 mark and is now poised for a significant decline.

Priced at $2.59, Ripple (XRP) is currently on a rebound, eyeing the $3 mark in the next 7 days. However, another crypto, Mutuum Finance (MUTM), is stealing the spotlight. Currently in presale, this fast-rising altcoin has already raised over $1.1 million, with phase 2 underway at $0.015.

Bitcoin price is at risk of falling from its current trading range and exploring new lows under $90,000. Can bulls turn the tide?

XRP retreated on Monday, reaching a crucial support level and signaling the potential for further declines in the coming days. Ripple (XRP) dropped to $2.

Ripple CTO David Schwartz has weighed in on the ongoing discussion on X about Bitcoin (BTC), Ethereum (ETH) and the XRP Ledger (XRPL), highlighting the technical advantages of XRPL's transaction model over Bitcoin.

The digital currency market has witnessed fear, uncertainty and doubt (FUD). This was followed the Bybit hack, which caused volatility in the cryptocurrency space.

Last week's digital asset investment products saw Bitcoin investments taking a major hit amid macro uncertainty, inflation, and monetary policy, as well as uncertainty around trade tariffs from US President Donald Trump. As a result of this, the BTC short positions have also piled up significantly during the last week.

XRP is currently trading between $2.42 and $2.44, with a market capitalization of $141 billion and a 24-hour trade volume of $4.29 billion, fluctuating within an intraday range of $2.42 to $2.59. XRP XRP's one-hour chart reflects short-term bearish momentum, with the digital asset forming lower lows and struggling to break above resistance at $2.5.

XRP is facing a sharp downturn, with seven out of eight key on-chain metrics showing significant declines. While the asset has demonstrated resilience in the past, the current state of the XRP network raises concerns among investors and analysts alike.

A new week has started with the market's fall, according to CoinMarketCap.

XRP has declined by 4% in the past 24 hours, yet its indicators are suggesting that it a rebound should be coming very soon. The post XRP on the Verge of a Big Move – Is a Breakout Toward $3 Incoming? appeared first on Cryptonews.