Table of Contents:
XRP Falls by 10% as Bears Take Control
According to Investing.com Deutsch, XRP experienced a significant drop of over 10%, marking the largest percentage loss since early December. This downward trend has significantly reduced its market capitalization, which now stands at about one-third of its record high. The recent bearish momentum pushed XRP's market cap down to $12 billion or 0.38% of the total cryptocurrency market cap.
Bitcoin Price Drop Triggers Ripple Effect Across Cryptocurrencies
The Crypto News Flash reports that Bitcoin's sharp price decline triggered a domino effect causing substantial losses in Ethereum, XRP, Dogecoin, and Solana. Liquidations amounting to $1.7 billion highlight the volatility in the market with Bitcoin dragging altcoins along due to its dominance.
The Best Mining Providers at a Glance
» Infinity HashFrom our perspective, currently the best mining provider on the market. With the community concept, you participate in a mining pool completely managed by professionals. A portion of the earnings are used for expansion and maintenance. We've never seen this solved as cleanly anywhere else.
» Hashing24A well-known and established cloud hosting company. With a good entry point and in a good market phase, a good ROI can also be generated with some patience. Unfortunately, we see the durations as a major drawback.
Buy Signals for XRP and Solana: Is It Time to Invest?
A report from Coin Kurier highlights new buy signals for cryptocurrencies like XRP and Solana amidst current market pressures. Despite recent losses, indicators suggest potential recovery phases that traders might use as entry points into these assets.
Crypto Crash Expands: Bitcoin Drags Altcoins Like Ethereum, XRP Downwards
FinanzNachrichten.de discusses how an expanding crypto crash led by Bitcoin is pulling other major altcoins such as Ethereum and Solana downwards alongside it.
Ripple Analysis: How Low Can XRP Go?
An analysis on Bitcoin-2Go reveals that Ripple (XRP) fell below the $0.50 mark amid ongoing corrections but suggests possible mid-term upward movement if certain technical conditions are met following this downturn phase.
XRP Under Pressure: Could There Be Another Decline?
Bastian Keller from BTC-ECHO examines key support levels crucial for maintaining stability within Ripple’s pricing structure while noting external factors influencing potential future movements either upwards or further declines depending upon broader trends affecting both itself and related markets during times when uncertainty prevails across investor sentiment globally.
Sources:
- XRP fällt um 10% - Die Bären übernehmen das Kommando
- Bitcoin-Kursverlust löst „Ripple-Effekt“ aus
- Kaufsignale bei XRP und Solana: Jetzt einsteigen?
- Krypto-Crash weitet sich aus: Bitcoin reißt Altcoins wie Etherum, XRP und Solana mit nach unten
- Ripple-Kurs: XRP fällt unter 2 $ – wie tief geht es noch?
- XRP im Spannungsfeld: Droht ein Rückfall?
