Over the last 48 hours, the cryptocurrency market has undergone a violent reversal, losing almost $500 billion in market capitalization. Three of the most popular altcoins, Dogecoin, Solana and XRP, have experienced drops of up to 20%, leaving traders perplexed.

Trump seems to have taken a page out of his real estate negotiations in pitching XRP, ADA and SOL as candidates for crypto reserve to win over approval for bitcoin.

There are several reasons why the SEC and Ripple have yet to reach a settlement while other prominent crypto cases have found resolution.

Investors are aggressively looking for the next great prospect as the cryptocurrency market keeps its positive pace. Although Ripple (XRP) has been in the news with its amazing surge and solid foundations, another less-known altcoin with great exponential potential is Rexas Finance (RXS). XRP aims for $4, but RXS, which currently only costs $0.

The crypto market today has taken a major hit, with Bitcoin, ETH, XRP and the majority of altcoins plunging steeply. The business's market cap at the time of press has dropped 9%, triggering fear among the market participants. This freefall is closely aligned with pressure looming across traditional markets.

Data shared by the public on-chain platform Whale Alert, which monitors large cryptocurrency transactions and then shares the details of them on its website and its X account, shows that almost $70 million in XRP were transferred to Coinbase from an anonymous crypto wallet.

The ongoing cryptocurrency market bloodbath might have cemented XRP's bearish move, with the asset potentially staring at an almost 60% drop.

Monday came with a fresh air of hope and optimism for the general crypto market, as President Donald Trump revealed plans for a US crypto strategic reserve.

US President Donald Trump's decision to adopt Bitcoin, XRP, Solana (SOL), and Cardano (ADA) has sparked widespread optimism. However, the community remains ambiguous on the potential composition and management of the US crypto reserve.

XRP's price retreated from the $3.00 resistance level, breaking below key support at $2.40 while establishing new support at $2.20, with technical indicators suggesting continued bearish pressure in the short term.

This could explain the loss of all the gains generated on Sunday after Trump's announcement.

With the average number of transactions per ledger increasing by 60%, XRP has seen an unusual increase in network activity. Stronger demand and potential future price action are suggested by this surge in blockchain activity, which indicates increased interest in the asset.

The recent statements by Trump on new tariffs against Canada, Mexico, and China have generated a wave of selling of crypto assets.

The selection of XRP among other altcoins in the US crypto reserve has triggered mixed reactions but whale investors have been on a shopping spree.

In the latest XRP news, the Ripple whales have accumulated around 1 billion coins as the crypto recorded massive gains yesterday. However, the momentum appears to have faded, as evidenced by the ongoing retreat in the asset's price.

The sharp reversal aligned with a cautious mood among traders after Monday's market rally following the ambitious plan, as a CoinDesk analysis previously noted.

Kraken has announced that the U.S. Securities and Exchange Commission (SEC) has agreed to dismiss its lawsuit against the crypto exchange with prejudice. The SEC's decision means no penalties, no changes to Kraken's business operations, and no admission of wrongdoing.

March 4, 2025 05:38:24 UTC Why Ethereum Is Crashing ? Ether (ETH) has dropped 15% in the past 24 hours, reaching levels unseen since November 2023, as the broader market grapples with volatility sparked by U.S. President Donald Trump's trade war threats.

The price of Bitcoin (BTC) has now erased all of its gains since the announcement of a cryptocurrency reserve that took place on Sunday.

The recent declaration by Donald Trump regarding the creation of a U.S. strategic crypto reserve has ignited a wave of debate, especially surrounding the inclusion of Ripple's [XRP]. While Bitcoin [BTC] was expected to be part of this reserve due to its recognition as “digital gold,” the choice to include XRP raised eyebrows, with some critics questioning its legitimacy.

Ripple's XRP is currently down by more than 18% and is trading at $2.30 levels. The broader market sentiment has turned red after a brief rally which saw Bitcoin hitting $95k. According to analyst Josh of Crypto World, XRP is following the trends of Bitcoin and the broader stock market.

XRP price started a fresh decline from the $3.00 resistance. The price is up down over 20% and might extend losses below the $2.20 support.

Despite recovering from bearish lows following its recent uptick, a crypto analyst has predicted that the XRP price could undergo a further decline in its price to $1.5. The analyst has pinpointed a critical resistance level that XRP will need to hold lest it crashes to new lows and eradicates recent gains.

On March 3, 2025, President Donald Trump announced the creation of a U.S. strategic cryptocurrency reserve. This reserve will include major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). Following the announcement, XRP's value surged from $2.23 to $2.99. But can the ongoing legal battle with the U.S.

XRP tumbles as uncertainty looms over Trump's crypto reserve plan. Will lawmakers back a multi-crypto strategy?

Many industry leaders argue Bitcoin alone should be the basis of a strategic reserve, given its decentralized nature and global acceptance.

XRP fell 10.28% on Monday, marking its biggest one-day loss since March 3. Trading at $2.5090 by 13:28 (18:28 GMT) on the Investing.com Index, the price drop pushed XRPs market cap down to $149.27 billion, accounting for 5.08% of the total cryptocurrency market.

Donald Trump's Crypto Reserve has received considerable skepticism from the crypto community. Rather than a stand-alone Bitcoin Reserve, he is proposing to fill a national reserve with XRP, Cardano, and other US-based tokens.

XRP retraced most of its recent “Trump pump” and data shows whales selling their positions.

XRP price is consolidating within a Wave 4 formation, maintaining a structured pattern that aligns with technical expectations. The top altcoin has bounced off a key support level, now forming a triangle pattern, suggesting a period of price compression before a breakout.

Crypto analysts suggest that the XRP price is nearing a breakout zone following an influx of institutional investors. The next point for the asset is the $2.77 mark, leading to higher price action.

Ripple CEO Brad Garlinghouse has praised former President Donald Trump's proposal to create a government-backed digital asset reserve, which includes XRP, calling it a potential turning point for the cryptocurrency sector.

Ripple co-founder and executive chairman Chris Larsen still controls over $7 billion in XRP tokens, according to on-chain investigator ZachXBT. Posting in his Telegram channel, ZachXBT lists seven addresses on the XRP Ledger (XRPL) that he says were activated by Larsen and are still active today.

US President Donald Trump's announcement of a strategic crypto reserve has sparked controversy with some questioning the timing of the announcement. ADA Inclusion Raises Eyebrows U.S. President Donald Trump's naming of XRP and ADA among the five digital assets that will make up the crypto strategic reserve has sparked outrage and allegations of insider trading.

Crypto markets are pulling back after a strong Sunday as digital asset investment products saw their third consecutive week of outflows, with Bitcoin taking the biggest hit—$2.6 billion in outflows. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $85,736.90 -8.8% Ethereum (CRYPTO: ETH) $2,119.28 -15.5% Solana (CRYPTO: SOL) $144.10 -17% XRP (CRYPTO: XRP) $2.40 -16.3% Dogecoin (CRYPTO: DOGE) $0.1994 -14.8% Shiba Inu (CRYPTO: SHIB) $0.00001290 -14% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 25% and daily active addresses falling by 16.8%.

Gemini co-founder and CEO Tyler Winklevoss has discussed using altcoins like Solana (SOL), Cardano (ADA), and XRP in strategic crypto in the United States. His comments come amid the growing debate on the suitability of these assets and Bitcoin in a national digital assets stockpile.

Strategy co-founder Michael Saylor, one of the staunchest advocates for Bitcoin maximalism, has seemingly endorsed the idea of a multi-token cryptocurrency reserve that includes XRP during a recent conversation with CNBC's Sara Eisen.

XRP, the third-largest cryptocurrency by market capitalization, has recently seen a significant surge in trading activity, as its open interest (OI) hit a new record of $4 billion within just 24 hours. This substantial increase in open interest is a strong indicator of rising market activity, reflecting growing investor speculation and interest in the asset.

Tyler Winklevoss, co-founder of Gemini, has publicly questioned the inclusion of XRP, solana (SOL), and cardano (ADA) in a proposed U.S. strategic crypto reserve. Winklevoss Criticizes Trump's Proposed Crypto Reserve Inclusion of XRP, SOL, ADA Over Suitability President Donald Trump, the 47th U.S.

Another crypto market crash has occurred, with Bitcoin, Ethereum, Dogecoin and the XRP price dropping significantly today. This development is due to several factors, including the CME gap which the flagship crypto needs to fill below $90,000.

ADA, XRP and SOL are seeing profit booking just a day after rallying following President Trump's US strategic crypto reserve announcement. Is the market headed toward new lows?

Whale accumulation surges as XRP joins the U.S. crypto reserve—what does this mean for its future price?

South Korea's regulatory clarity is creating a perfect storm for XRP as Ripple finalizes its strategic partnership with BDACS for institutional custody services. Financial experts now project a potential 200% surge in the XRP price based on increased institutional adoption in the region.

President Donald Trump announced the inclusion of XRP (Ripple), SOL (Solana), and ADA (Cardano) in a new U.S. Crypto Strategic Reserve, triggering a surge in their market value.

After spiking Sunday on President Trump's crypto reserve posts, Bitcoin and other coins are falling fast amid broader market turmoil.

Prominent financial commentator Peter Schiff has fueled a wave of controversy after voicing his strong skepticism about the inclusion of XRP in a multi-token cryptocurrency reserve. The outspoken critic, known for his bearish views on Bitcoin, recently questioned the rationale behind the decision, especially when it comes to the Ripple-affiliated XRP token.

Cardano's ADA, Ripple's XRP and Solana's SOL tokens rocketed after U.S. President Donald Trump named them as part of his crypto strategic reserve. CoinDesk's Christine Lee explains how this is part of Trump's plan to make the U.S. the crypto capital of the world on "Chart of the Day.