- Bitcoin, Solana and XRP could recover because investors are looking for alternatives in the middle of stock sales and interest rate reduction expectations.
- XRP gains attractiveness, while the decline of Solana could trigger investor accumulation at a lower level below $ 105.
The global stock and cryptoma markets were hit by a strong sale, with Bitcoin fell to $ 76,000 for the first time since November 2024. The entire market capitalization of cryptocurrencies fell by more than 10 %within 24 hours, from over $ 3 trillion to $ 2.52 trillion in March.
How CNF reportedThe investment products for digital assets recorded drainage of $ 240 million in the past week, with Bitcoin losing $ 207 million and Ethereum $ 37.7 million. Despite the drains, Coinhares found that the number of AUM (assets under management) has increased in crypto funds, which indicates that digital assets are more resistant than traditional shares.
Trump’s new Customs policy has fueled fear of recession and shaken the trust of the investors. However, Bitcoin, Solana and XRP have the potential for recovery this week because politics is expected.
Bitcoin is under pressure but relief is in sight
According to CoinmarketCap, Bitcoin (BTC) has fallen by over 10 % in the last 24 hours and is now noted at $ 74,436.68, which means a decrease of almost 33 % compared to its all -time high of $ 109,114.88. The current market capitalization fell below $ 1.5 trillions. Over the last day, the 24-hour volume of BTC was $ 47.18 billion, with a circulating offer of 19.84 million coins.
Edul Patel, CEO von Mudrex, explained that the market mood in the “Extreme Fear” area had penetrated. He added that a recovery could occur if the Federal Reserve An interest rate reduction announced Or when US authorities reveal strong crypto reserves.
How CNF reportedBitcoin recently fell below the $ 83,000 mark and reached a daily low of $ 74,000 before recovering slightly to $ 76,000. Analysts warn that the loss of the $ 75,000 support could lead to a further decline to $ 70,000, especially since fear increases on the market.
The Fear and Greed Index is approaching the “Extreme Fear” zone, and more than 600 BTC could be liquidated if the price falls to $ 73,000. Market observers emphasize that the reconquest of $ 80,000 is decisive to avoid larger losses.
Riples XRP recovers the steep case
The Ripple course XRP has suffered a heavy blow in the course of the most recent market attack and has fallen by 15.55 % in the last 24 hours. It is currently being traded at $ 1.80, with a market capitalization of $ 104.96 billion. The 24-hour trade volume of the token is $ 7.05 billion, and the circulating inventory is $ 58.27 billion.
Despite the decline, XRP continues to show signs of strength. As CNF reports, the US stock exchange supervision SEC has its calling in Ripple process withdrawn And thus eliminates an important legal hurdle.
More than 70 % of Binance dealers keep long positions in XRP- CNF reported. This shows that they believe strongly in future price development, even if the market is confronted with greater volatility and liquidation risks. Binance hat XRP also recently Added to his smart arbitrage offer, which could help increase the commercial activity around the token.
In addition, Ripple’s RLUSD stable ensured further optimism among investors. CNF reportedthat some analysts predict that XRP could increase to $ 2.60 at short notice and possibly reach between $ 5 and $ 7 by mid -2025. The demand for the active crypto community in South Korea also helps to support the price level of XRP.
Solana price drop could lead to “buy the dip” Welle
Solana (Sol) has fallen by 14.48 % in the last 24 hours and is currently $ 102.36. Its market capitalization is $ 52.76 billion, and the 24-hour trading volume is $ 4.69 billion. The circulating offer is 515.47 million tokens. The decline under the $ 105 mark triggered concern, especially after Sol recently increased to $ 119.08.
Solana briefly fell below $ 96.58 before it easily recovered, which indicates a declining sales pressure. Analysts assume that if it falls below $ 100, Sol could attract value buyers who want to start at lower levels.
At the time of the editorial deadline, Solana trading volume rose by 303 % to over $ 6.56 billion within 24 hours, which indicates increased market activity and again. The return of the pump.fun-livestream, a key function in the Solana Meme-Münz ecosystem, could help revive the community’s dynamics.
Longer -term there is the Potential for a Solana ETF in the USA. Although the opportunities for admission are uncertain, such a development could attract institutional investors and support the prospects for the recovery of Solana.
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