XRP is trading through another rough stretch alongside the wider crypto market, but the story beneath the price chart is not as quiet as the red candles show. The entire crypto market has been down by over 5% in the past seven days, and the XRP price has also struggled to hold momentum, but the latest volume updates show that traders, large holders, ETF investors, and XRP Ledger users are still active. Related Reading: New Bitcoin Lows? Analysts Say Chances Are ‘Extremely Slim’ Major XRP Volume Updates The first major volume update is tied to XRP’s largest holders. Data shared by crypto analyst Ali Martinez shows that large wallet holders accumulated 71 million XRP over seven days, even as the token remained under pressure. XRP was down nearly 5% over the week and traded around $1.36 at the time the analyst shared the data, showing that the buying came during a weak and volatile stretch for the asset. This is important because whale accumulation changes the tone of the selloff. It sho
Bitcoin is showing increasing signs of weakness as bearish pressure continues building below a critical technical level. With key support zones now under threat and reversal patterns beginning to take shape, BTC could be entering a decisive pullback phase that may determine the market’s next major direction. Buyers Continue Losing Momentum As Decline Deepens Crypto analyst Kamile Uray stated that Bitcoin buyers continue to appear weak as the market faces another wave of downside pressure. The analyst explained that if BTC breaks below the key bottom at $74,929, it could confirm the completion of the final shoulder in a developing OBO structure while remaining under the previous low near $76,044. Related Reading: Bitcoin Upper Trendline Resistance Is Holding Price Back, Can It Push It Below $60,000? Analyst Answers Unless Bitcoin can achieve a decisive 4-hour candle close above $78,213, the bearish trend is likely to continue. A sustained breakdown below $74,929 could open the door for
Nation-state adoption of Bitcoin has become the new frontier for crypto advocates, a far cry from the days when the currency’s biggest achievement was buying two pizzas. Sixteen years after that first recorded transaction, the Bitcoin community marked the anniversary on May 22 with fresh evidence of how far the currency has traveled. Related Reading: […]
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A potential US-Iran agreement could lower geopolitical risks, impacting global markets and possibly boosting crypto assets like Bitcoin.
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The recent Bitcoin dip highlights the volatility and risks in crypto markets, emphasizing the need for cautious investment strategies.
The post Bitcoin dip below $75K triggers $917M in crypto liquidations appeared first on Crypto Briefing.
The potential use of Bitcoin in US-Iran trade could challenge global financial norms, prompting regulatory scrutiny and impacting crypto markets.
The post Donald Trump says US and Iran are close to finalizing deal appeared first on Crypto Briefing.
XRP open interest surges on Binance as NVT ratio spikes and market cap holds. A long squeeze may be coming. Here’s what CryptoQuant data shows. Open Interest on XRP futures at Binance just posted a sharp jump. Not a gradual climb. A spike. That kind of move in derivatives positioning typically means one thing: traders […]
The post Open Interest Just Spiked on XRP. That’s Either Fuel or a Trap appeared first on Live Bitcoin News.
