Why Isnt XRP Skyrocketing? Expert Explains The Hidden Forces

XRP prices dipped below $2 for the first time since December 2024 on Monday, even after a number of positive developments for the cryptocurrency. The decline is surprising to many investors who had hoped recent good news would send its value higher. Market analyst Vincent Van Code attributes this underperformance to underlying economic issues and not with XRP itself. Related Reading: XRP Dump? Not So FastSoftware Engineer Says Panic Selling Makes No Sense Trump Tariffs Are Blamed For Crypto Market Decline Van Code attributes the recent decline in cryptocurrencies to the tariffs imposed by US President Donald Trump on other nations. The tariff situation is just a power play to utilize economic pressure to get better negotiating terms, said Van Code. He expects these trade tensions to be short-term and perhaps pave the way for the market to rebound in the near future. Current #XRP prices are not aligned with recent @Ripple market announcenets, SEC case conclusion news, XRP US stockpile. Do you think this is becuase XRP is not performing well? I DONT! This is a global market downturn. Impacts across multiple markets, multiple countries, and Vincent Van Code (@vincent_vancode) April 9, 2025 XRP Fundamentals Strong Even after falling to $1.64 on April 7, XRP has shown a rebound by increasing to $1.82a 10% increase. Van Code pointed out that Ripple and XRP’s fundamental strengths have not changed. They’re a hundred times better than a year ago when the SEC lawsuit was at its peak, he said. The SEC-Ripple case resolution, potential inclusion in US digital asset reserves, and Ripple’s Hidden Road acquisition were all considered positive developments for the cryptocurrency. Investment Strategy During Market Uncertainty Van Code described his approach to today’s market condition, showing he buys such assets like XRP when sentiment is low but fundamentals remain in place. He looks at weekly charts for larger decisions and uses hourly charts for intraday action. The market commentator termed XRP the “Fight Club” of cryptos because of its ability to withstand market action and stress. Related Reading: Bitcoins Next Big Move? Open Interest Says Get Ready Future Growth Drivers For XRP Going forward, Van Code identified three key drivers to XRP adoption: regulation, corporate usage, and solid partnerships. He warned investors to avoid being influenced by short-term price fluctuations due to outside influences such as the tariff scenario. The analyst said that he would only be jittery if XRP was the sole cryptocurrency that is dropping in value. He also stated that the current decline is part of a larger market trend and not particular to XRP. The cryptocurrency market still responds to economic policy as investors look for indications that the tariff issue is resolved. Most XRP supporters are optimistic that as soon as these external pressures are gone, the price will more accurately reflect the good news surrounding Ripple and its currency. Featured image from Unsplash, chart from TradingView

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Bitcoin Dips Below $75K As Markets Tremble: Whats Going On?

Bitcoin prices fell below $75,000 on Monday, April 7, the lowest since mid-March as investors reacted to US-China trade relations tensions escalating. The digital currency shed about 6% in 24 hours, CoinMarketCap data revealed, as part of a broader sell-off across both crypto and traditional markets. Related Reading: Ethereum Slips Below TriangleIs A $1,600 Crash Next? US-China Trade War Triggers Market Panic The sharp decline comes after US President Donald Trump’s recent imposition of tariff hikes and countermeasures by Beijing. The trade tensions sent shockwaves through world markets, with Wall Street suffering its worst fall since the COVID-19 pandemic. On Friday, April 4, the S&P 500 dropped 6%, the Dow Jones Industrial Average fell 5.5%, and the tech-heavy Nasdaq Composite fell 5.8%. Market commentator Charles Gasparino cautioned on Twitter that “Monday is shaping up to be the ultimate pain day,” and that investors should prepare for further selling pressure as markets open this week. That forecast seems to be coming to fruition as Bitcoin is trading between $74,000 and $75,000, far lower than last week’s levels. Breaking: One major market analyst just told me Monday is shaping up to be the ultimate pain day. Another: Some really nice buys out there particularly in financials. As they say disagreement makes a market! Story developing Charles Gasparino (@CGasparino) April 6, 2025 Ethereum And Altcoins Hit Harder Than Bitcoin As Bitcoin lost heavily, other cryptocurrencies plunged even deeper. Ethereum, which is the second-largest cryptocurrency, by market cap, lost 13% – more than double the percentage drop of Bitcoin. Other well-known altcoins fell hard as well, with SOL and DOGE losing more than 10% in one day. ADA went down by 10.40%, while XRP and BNB lost 7% and 6%, respectively. The worldwide cryptocurrency market capitalization is currently at $2.62 trillion as the majority of top coins fail to find support. Even with the price decline, Bitcoin’s 24-hour trading volume jumped to $26 billion – an 80% rise over the past 24 hours – indicating strong levels of market activity during the sell-off. Investors Turn To Government Crypto Reserves For Potential Relief There is a possible silver lining in market chaos. According to Edul Patel, CEO and co-founder at Mudrex, US government agencies will disclose their crypto assets today. “A huge confirmation could lead to a relief rally,” Patel said. Related Reading: XRP Will ExplodeAnd This Korean Expert Says Hell Be Laughing At Critics Market sentiment remains weak with the Fear and Greed Index inching towards what experts term “Extreme Fear.” This indicator implies that panicked selling has been controlling recent market trends instead of sound investment choice. According to market observers’ reports, Bitcoin now has a crucial technical test. “Bitcoin must retake the $80,000 level or it will retest its prior all-time high around $74,000,” Patel further added. This prior all-time high, previously hailed as a milestone, is now a possible support level that traders wish will stop further price declines. Featured image from Gemini Imagen, chart from TradingView

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Qubetics, Cosmos, Sonic React to Trump Trade TruceTop Cryptos to Join for 2025

Cosmos rises, Sonic upgrades, and Qubetics crosses $16M during a calm in the US-China trade war. Discover the top cryptos to join for 2025 right now.

The post Qubetics, Cosmos, Sonic React to Trump Trade TruceTop Cryptos to Join for 2025 appeared first on Kanalcoin.

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Gold Rush Or Bitcoin Boom? China Buys Big, BTC Price Follows

China has added five tonnes of gold to its reserves in under a month as part of an increasing aggressive purchase of the precious metal. Bitcoin continues to stand firm above the $87,000 level despite recent market fluctuations. Related Reading: Todays $1K XRP Bag May Become Tomorrows Jackpot, Crypto Founder Says PBOC Gold Accumulation Up As Bitcoin Price Soars According to the Kobeissi Letter in posting messages on X, the People’s Bank of China has been abruptly accumulating gold. It has acquired five tonnes over the last month. This has taken place amid uncertainty in global markets from the rift caused by persistent tensions in trade along US-China fronts. Bitcoin traders seem to witness this, as the price of the crypto holds strong at $87,280, with scanty negative macronews in the background. Merely four days ago, cryptocurrencies fell back after US President Donald Trump proclaimed a 245% import tax on Chinese items. The quick recovery has surprised many market observers. BREAKING: Chinas central bank increased its gold holdings by 5 tonnes in March, posting their 5th consecutive monthly purchase. This brings total Chinas gold reserves to a record 2,292 tonnes. Chinese gold holdings now reflect 6.5% of its total official reserve assets. pic.twitter.com/LuwiBvnirn The Kobeissi Letter (@KobeissiLetter) April 20, 2025 Whale Wallets Indicate Growing Appetite For Bitcoin Statistics by Glassnode indicate a steep increase in addresses containing over 1,000 Bitcoin. More than 60 new “whale” wallets have entered the market since early March. The number of such large Bitcoin addresses has increased from 2,030 in late February to 2,100 as of April 15, which is the highest in four months. The boost indicates large investors are purchasing more Bitcoin despite changing market conditions. Others say the strength of Bitcoin lies in its increased popularity as an inflation hedge, akin to gold. This theory has become more widely accepted as China seems to be steering away from US dollar-denominated assets. Gold Prices Hit New Records As Trade Tensions Mount Prices of gold have surged to $3,401, up by close to $100 over only a week. The rise comes as institutions, dominated by China, raise their gold stockpiles. The ongoing tariff war between the US and China has driven investors towards traditional safe-haven assets. Bitcoin is also seen to be gaining from this same trend, with some investors seeing it as a contemporary option for gold in times of uncertainty. Mixed Signals From ETF Flows And Market Analysts Not everything is rosy for Bitcoin. Reports disclose that nearly $5 billion has exited Bitcoin ETFs since their aggregate flow hit all-time highs. In spite of this outflow, Bitcoin’s price has remained extremely stable. Related Reading: Whales Swallowing Bitcoin Fast Will This Push BTC Price Up? There are also contradictory reports regarding China’s position on Bitcoin. While there are rumors that China may be accumulating a Strategic Bitcoin Reserve, other reports say the nation sold 15,000 BTC on offshore exchanges. The cryptocurrency’s ability to maintain its price despite these mixed signals has caught the attention of traders worldwide. As US-China economic tensions continue, investors are watching both gold and Bitcoin as potential safe havens in an increasingly unstable global market. Featured image from GEPL Capital, chart from TradingView

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Bitcoin Price Following Analysts Prediction For Bullish Breakout, Heres The Target

The Bitcoin price appears to be moving in lockstep with a bullish prediction made by a crypto analyst earlier this month. According to the analysts forecast, Bitcoin is set to break out to a new all-time high above $120,000 following the announcement of a temporary tariff pause by United States (US) President Donald Trump.  $120,000 Bitcoin Price Forecast In Motion Kaduna, a crypto analyst on X (formerly Twitter), has released a follow-up analysis on his previous bullish prediction of Bitcoin, highlighting that it is playing out as expected. On April 11, the analyst predicted that Bitcoin was preparing for a massive push above $120,000.  Related Reading: Trumps Tariff Pause Could Push Bitcoin Price Above $100,000, Pundit Reveals Exit Point He outlined a thesis that the 90-day suspension of President Trumps Tariffs would act as a powerful macroeconomic catalyst for Bitcoin. Kaduna argued that the market may start frontrunning about a month early, culminating in a mini bull market during a 55-day exit window between April 3 and June 3 2025.  Accompanying this bullish analysis was a detailed chart comparing Bitcoins price movements through candlesticks with a blue overlay, believed to represent a macroeconomic indicator such as global M2. The blue line in the chart projects a steady climb during this window, offering a clear visual target above $120,000. Kaduna had stated that if his prediction played out, he would exit most positions by the end of the window.  Just days after his bullish forecast, Bitcoin has begun mirroring the projected path. Kaduna revealed in a follow-up candlestick chart that Bitcoin is breaking above the local resistance at $84,000 with strong volume support, aligning with the predicted overlay. This early strength suggests that the frontrunning behaviour the crypto expert projected earlier is now playing out in real time.  The blue line suggests a potential move toward the $120,000 – $125,000 range over the next month and a half, setting a clear upside target if momentum continues. Bitcoins price action is also unfolding right on cue within the 55-day window, validating the analysts bullish thesis. Both the overlay and Bitcoins prices are trending upwards, signaling that the market is indeed reacting to the macroeconomic tariff catalyst. If this trajectory holds, it would mark a significant validation of the analysts macro-technical analysis approach.  Update On The Bitcoin Price Action Following its crash below $80,000, the Bitcoin price seems to be on a path to recovery. CoinMarketCaps data reveals that Bitcoin is currently trading at $83,395, marking a significant 7.16% increase over the past week.  Related Reading: Bitcoin Price Forms This Bullish Pennant On Daily Chart That Could Trigger Rise To $137,000 The cryptocurrency had broken the resistance level at $84,000 earlier this week. However, it retraced sold gains and is now trading at its present market value. Given its fluctuating price and unstable market, crypto analysts like Tony Severino have revealed that he is neither bullish nor bearish on Bitcoin. Instead, he seems to be taking a wait-and-see approach, closely monitoring how the market responds to ongoing volatility driven by the US Trade war and tariff implementation. Featured image from Adobe Stock, chart from Tradingview.com

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We dont care, states Chinese official upon latest escalation of Trumps tariffs

As China reacts to the latest round of Trump’s tariffs on Friday, announcing a 125% tariff on all American goods, vice president of the Beijing-based Center for China and Globalization, Victor Zhikai Gao, commented: “We don’t care! China has been here for 5,000 years. Most of the time, there was no U.S., and we survived. […]

The post We dont care, states Chinese official upon latest escalation of Trumps tariffs appeared first on CryptoSlate.

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Why Bitcoin Wins No Matter The Outcome Of Trumps Trade War

In an escalation of global economic friction, President Trumps imposed tariffs have roiled financial markets this week, cutting across both equities, Bitcoin and cryptocurrencies. Yet a new memo from Bitwise Asset Management suggests that these headwinds might ultimately propel Bitcoin to new heightsregardless of whether Trumps strategy succeeds or fails. At the beginning of the week, the crypto market witnessed a severe sell-off. Bitcoin declined by about 5%, while Ethereum and XRP suffered even sharper losses17% and 18%, respectively. The immediate catalyst was Trumps imposition of a 25% tariff on most imports from Canada and Mexico, as well as a 10% tariff on China. In retaliation, those trading partners announced countermeasures of their own. Related Reading: Key Indicator Signals DCA Opportunity Amid Bitcoin Buyer Momentum The US dollar reacted by jumping more than 1% against major currencies. That, combined with lingering weekend illiquidity in crypto markets, triggered a wave of forced liquidations as leveraged traders sold into the downdraft. According to Bitwise Chief Investment Officer Matt Hougan, as much as $10 billion in leveraged positions was wiped out in what he described as the largest liquidation event in cryptos history. Despite the dramatic price action, Bitwises Head of Alpha Strategies, Jeffrey Park, remains optimistic about Bitcoins trajectory. He points to two guiding ideas that shape his bullish thesis: the Triffin Dilemma and President Trumps broader aim to restructure Americas trade dynamics. The Triffin Dilemma highlights the conflict between a currency serving as a global reservegenerating consistent demand and overvaluationand the need to run persistent trade deficits to supply enough currency abroad. While this status allows the US to borrow cheaply, it also puts sustained pressure on domestic manufacturing and exports. Trump wants to get rid of the negatives, but keep the positives, Park explains, suggesting that tariffs may be a negotiating tool to compel other nations to the tablereminiscent of the 1985 Plaza Accord, which devalued the dollar in coordination with other major economies. The Two Scenarios: Bitcoin Wins, Fiat Loses Park argues that Bitcoin stands to benefit under two distinct outcomes of Trumps current trade policy: Scenario 1: Trump Succeeds in Weakening the Dollar (While Keeping Rates Low) If Trump can maneuver a multilateral agreementakin to a Plaza Accord 2.0to reduce the dollars overvaluation without boosting long-term interest rates, risk appetite among US investors could surge. In this environment, a non-sovereign asset like Bitcoin, free from capital controls and dilution, would likely attract additional inflows. Meanwhile, other nations grappling with the fallout of a weaker dollar might deploy fiscal and monetary stimulus to support their economies, potentially driving even more capital toward alternative assets like Bitcoin. Related Reading: After The Bitcoin Crash: Will It Rise Or Drop Again? 5 Key Indicators If Trump can bully his way into the position, theres no asset better positioned than bitcoin. Lower rates will spark the risk appetite of US investors, sending prices high. Abroad, countries will face weakened economies, and will turn to classic economic stimulus to compensate, leading again to higher bitcoin prices, Park argues. Scenario 2: A Prolonged Trade War And Massive Money Printing If Trump fails to secure a broad-based deal and the trade war grinds on, global economic weakness would almost certainly invite extensive monetary stimulus from central banks. Historically, such large-scale liquidity injections have been bullish for Bitcoin, as investors seek deflationary and decentralized assets insulated from central bank policies And what if he fails? What if, instead, we get a sustained tariff war? Our high-conviction view is the resulting economic weakness will lead to money printing on a scale larger than weve ever seen. And historically, such stimulus has been extraordinarily good for bitcoin, Park says.. At press time, BTC traded at $98,557. Featured image created with DALL.E, chart from TradingView.com

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