XRP price started a major decline below the $3.00 zone. The price is down over 25% and there was a spike below the $2.00 support zone. XRP price started a fresh decline below the $2.80 and $2.50 levels. The price is now trading below $2.60 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2.45 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a fresh increase if it clears the $2.50 resistance zone. XRP…
Day: February 3, 2025
Trump’s tariffs send Bitcoin and crypto market tumbling
After President Donald Trump targeted China, Mexico, and Canada with long-threatened import taxes, the crypto market fell on Feb. 1 in a risk-off action. Bitcoin’s price fell by 5%, which has rippled its way into altcoins. Effective Feb. 1, the U.S. will impose tariffs of 25% on imports from Canada and Mexico and 10% on Chinese goods, adding further complexity to the current trade wars. As a result, over the past 24 hours ending on Feb. 3, Bitcoin (BTC) has experienced a notable decline amid a market-wide sell-off. The cryptocurrency…
What’s Next After the Major Decline?
Este artículo también está disponible en español. Ethereum price started a fresh decline below the $3,000 zone. ETH is down over 25% and the bears seem to be in control below $2,770. Ethereum started a fresh decline below the $3,000 support zone. The price is trading below $2,800 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2,900 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a recovery wave if it stays above the $2,200 level.…
Bitcoin Price Nosedives Nearly 10%: Panic or Buying Opportunity?
Bitcoin price started a fresh declined below the $100,000 zone. BTC is down close to 10% and might test the $90,000 support zone. Bitcoin started a fresh decline below the $100,000 level. The price is trading below $99,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $96,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $90,000 zone. Bitcoin Price Dives Below $100,000 Bitcoin price started…
BTC Price Drops 8% to $93K as Asia Awakens to Trump’s Trade War
Major cryptocurrency including bitcoin (BTC), ether (ETH), Solana’s SOL, and XRP were all significantly down as Asia began its trading week. By mid-morning Hong Kong time, BTC was down 8%, trading above $93,100, according to CryptoX Indices data. Meanwhile, ether (ETH) is down nearly 20%, trading at $2,500, while SOL is down 13% at $184. XRP is down 28% and trading at $2. Data from CoinGlass shows that over the last 12 hours nearly $1.3 billion in long positions have been liquidated, with around $400 million in long ether positions…
Bitcoin Crashes Below $93K, Triggering $1.23B in Liquidations as Crypto Markets Spiral
Bitcoin plunged to $92,111 on Sunday, slashing more than 8.5% of its value in just 24 hours and triggering $1.23 billion in liquidations across crypto derivatives markets as bearish sentiment took hold. Bitcoin’s Worst Day in Weeks The leading cryptocurrency extended its decline after retreating from the weekend peak of $101,361, with its downturn fueling […] Original
Robert Kiyosaki Warns of Bitcoin Crash as Trump’s Tariffs Take Effect—Plans to Buy the Dip
Robert Kiyosaki warns Trump’s tariffs could trigger a crash in bitcoin, gold, and silver—an opportunity, he says, to buy assets at bargain prices. Robert Kiyosaki Reacts to Trump’s Tariffs: Bitcoin, Gold, and Silver Could Crash Rich Dad Poor Dad author Robert Kiyosaki has weighed in on the possible market effects of President Donald Trump’s newly […] Original
SHIB and DOGE holders rush into altcoin set to surge in 2025
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Shiba Inu and Dogecoin investors are moving to new contender XYZVerse for its potential to surge in 2025. Investors who have backed Shiba Inu (SHIB) and Dogecoin (DOGE) are turning their attention to another digital currency, XYZVerse (XYZ). This emerging altcoin is gaining traction for its potential to soar in 2025. Trump ignites crypto Frenzy: XYZ set for a massive surge Donald Trump’s return has sent shockwaves through the…