
SOL, XRP Options Extend Market Reach of Cryptos CME Group
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The XRP price today surged after a strong recovery from recent lows, reclaiming key support at $2.60 and signaling a potential breakout toward the $3 level.
Traders and analysts are closely monitoring momentum, noting that the cryptocurrency’s rebound may mark the start of a fresh upward leg in its ongoing trend.
This surge comes after a turbulent week driven by U.S.–China trade tensions and a historic liquidation event, which wiped out overleveraged positions in the market. The price of XRP has now regained $30 billion in market capitalization, reflecting renewed investor confidence.
On October 13, 2025, XRP traded around $2.62, up 9.75% from a $2.37 low, according to CoinDesk and FXStreet reports. Daily trading volumes also rose sharply, with nearly $10 billion exchanged, indicating robust market participation. Over the past week, XRP has climbed over 12%, pushing its total market capitalization to $157 billion.
XRP was trading at around $2.62, up 9.75% in the last 24 hours at press time. Source: XRP price via Brave New Coin
Analysts emphasize that strong trading volumes often accompany short-term bullish momentum. The rebound confirms that buyers are stepping in decisively after the recent liquidation-driven dip, according to analysts at CryptoInsightUK.
XRP recently recovered above the $2.50 zone but faces resistance near $2.60–$2.66, according to hourly charts from Kraken. The token is currently below the 100-hour Simple Moving Average, while a bearish trend line forms near $2.660.
XRP price could see a potential surge toward the $8–$12 range in its next leg, according to market analysis. Source: @Cryptoinsightuk via X
Technical indicators suggest a cautious optimism:
If XRP clears the $2.66 resistance zone, the next targets could be $2.70–$2.72, with a stretch goal near $2.80. On the downside, immediate support sits at $2.45, followed by $2.40 and $2.32 levels.
Analysts and prominent XRP proponents are applying Fibonacci extensions to the recent $2.77–$1.64 crash, projecting recovery targets between $12 and $13 on Binance and Coinbase charts. Historical whale activity, including a recent $615 million liquidation—the largest in XRP’s history—has reset leveraged positions, creating smoother upward momentum.
Following recent liquidations, Fibonacci projections suggest a 4.236 extension could guide XRP’s price higher. Source: @Cryptoinsightuk via X
Social media commentary reflects a bullish consensus, with traders citing upcoming XRP spot ETF approvals as catalysts. Some predict prices ranging from $5 to $16, viewing the recent crash as a temporary purge of weak hands. CaspianSpark, an XRP supporter with a large following, reinforced the narrative, noting that holding through the rebound could yield short-term gains above $3.
The recovery demonstrates disciplined buying amid volatility, echoing findings from behavioral finance studies, which show fear-driven selling often causes underperformance in crypto portfolios. Traders are watching whether XRP can hold $2.60 support and push past the first major resistance at $2.66.
Momentum is clearly shifting toward the bulls, but XRP remains sensitive to macroeconomic factors and SEC developments, according to analysts at FXStreet. Strong institutional participation and ETF speculation are likely to influence price action in the coming days.
The current XRP price demonstrates resilience as it rebounds from key support and nears the $3 breakout threshold. With heightened trading volumes, technical indicators showing bullish momentum, and market sentiment leaning positive, analysts anticipate that XRP could extend its upward trajectory, provided it sustains support levels and overcomes immediate resistance.
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BlackRock CEO Larry Fink said over the weekend that Bitcoin has a place like gold does and that it’s not a bad asset.
“There is a role for crypto the same way there is a role for gold,” Fink said during a weekend interview with 60 minutes on CBS News.
BlackRock is the largest money manager in the world and oversees over $12 trillion in assets.
BlackRock also launched crypto-spot Bitcoin ETFs in 2024 after getting approval from the Securities and Exchange Commission.
In the past, Fink had dismissed Bitcoin and called it an “index of money laundering,” according to Yahoo Finance.
Earlier this year, President Donald Trump signed a major cryptocurrency legislation into law after it was passed by Congress.
The legislation, called the GENIUS Act, has a goal to have guardrails for digital assets attached to another currency like the U.S. dollar or gold.
“The entire crypto community for years, you were mocked and dismissed and counted out, you were counted out, as little as a year and a half ago. But this signing is a massive validation," Trump said at the bill signing.
The House voted 308-122 to pass the Genius Act, which was introduced in the Senate by Tennessee GOP Sen. Bill Hagerty.

JPMorgan’s global head of markets digital assets said the bank will allow clients to trade Bitcoin.
JPMorgan has re-confirmed it will allow clients to trade Bitcoin and other cryptocurrencies.
While the bank will not immediately offer custody services, it is expanding its blockchain initiatives and exploring how crypto fits into its broader markets strategy.
Scott Lucas, JPMorgan’s global head of markets digital assets, outlined the bank’s approach in a CNBC interview, emphasizing an “and” strategy that balances existing financial infrastructure with emerging blockchain opportunities.
On trading crypto, Lucas said that, “Jamie [Dimon] was pretty clear during investor day that we were going to be involved in the trading of that, but custody is not on the table at the moment,”
The bank has been experimenting with deposit tokens and stablecoins, tools that enable cash-like digital assets on distributed ledgers.
“Naturally, we need custodians. So we’re exploring what the right custodians for us for the business footprint of,” Lucas said.
Lucas highlighted JPMorgan’s deposit token, JPMD, which is currently a prototype in the U.S., as a platform for potential client services and cash management solutions.
JUST IN: JPMorgan confirms on CNBC that they will allow clients to trade #Bitcoin and crypto but not yet launch custody services 👀 pic.twitter.com/N2oYWPwwhL
Stablecoins remain a focus as well, though Lucas noted that any future issuance would likely be led by the bank’s payments business, rather than its markets division.
Instead, JPMorgan’s trading clients can use stablecoins to execute transactions and explore new financial workflows, reflecting the bank’s interest in bridging traditional markets with blockchain-based infrastructure.
Lucas also acknowledged the growing role of public blockchains in capital markets, noting that while JPMorgan maintains proprietary internal platforms, it expects an increasing share of market activity to shift toward public networks.
Earlier today, JPMorgan also announced a $1.5 trillion, decade-long “Security and Resiliency Initiative” to bolster key U.S. industries, including energy, manufacturing, and defense.
The bank said it would invest up to $10 billion in equity and venture capital to support domestic companies driving innovation and strategic manufacturing.
Earlier this month, JPMorgan research suggested Bitcoin may be undervalued compared to gold, with potential upside if the “debasement trade” continues. Analysts estimated Bitcoin could reach $165,000, about 450% above current levels, based on volatility-adjusted comparisons with gold.
They noted that Bitcoin is increasingly attractive relative to gold as the bitcoin-to-gold volatility ratio falls below 2.0.
Earlier this year, JPMorgan Chase also was said to consider a policy to lend directly against clients’ Bitcoin and crypto holdings, marking a potential first for the bank in accepting digital assets — not ETFs — as loan collateral.
Earlier in 2025, JPMorgan allowed clients to use Bitcoin ETFs as collateral and began including crypto holdings in net worth evaluations alongside traditional assets.
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Crypto commentator Amonyx (@amonbuy) recently suggested that XRP could be on the verge of a significant price surge. His remarks followed an analysis by XRPunkie (@Shawnmark7899), which compared XRP’s current market structure to its 2017-2018 performance. The technical similarities between the two periods suggest that XRP may be poised for a sharp upward move.
Amonyx’s comments on X have sparked interest among crypto traders and market analysts. The crypto commentator believes that XRP could follow a similar pattern to its previous rally. XRPunkie’s analysis highlights a recurring market structure observed in both 2017 and 2025. This pattern, marked by deep wicks testing lower support levels, preceded XRP’s significant rebound in 2017.
The analysis suggests that XRP might replicate this price behavior and experience another significant upward move. XRP’s steady performance within a long-term ascending channel adds weight to this speculation. The deep wick seen on the chart suggests that the price is approaching a key support level, which could trigger the next rally.
XRPunkie’s chart compares the current market structure with XRP’s previous price action. The analysis highlights the same trendlines and exponential moving averages that appeared in 2017. XRP’s price previously tested these lower levels before making a sharp recovery.
This tweet is a sign — your $XRP moment is near ⏳ https://t.co/dkgfSLfEIj
— Amonyx (@amonbuy) October 11, 2025
According to the chart, XRP is currently at a similar point to where it was in 2017. XRP’s price is testing the lowest trendline, showing a potential foundation for another upward move. The market setup strongly resembles XRP’s previous rally, where it bounced from a similar base before surging.
The chart also incorporates Fibonacci extensions, which project possible future price levels for XRP. The Fibonacci markers at 9.1146, 15.0450, and 30.9 suggest that XRP could reach these levels if the pattern repeats. These key markers could indicate where XRP’s price might rise if the support level holds.
At the time of the analysis, XRP was trading at $2.39. Despite fluctuations in the broader crypto market, XRP has maintained a strong position within its long-term trend channel. Many traders and analysts are now closely watching XRP’s price behavior to see if it mirrors the 2017 rally.
The technical analysis has drawn attention to XRP’s potential in the near future. Traders are speculating that XRP could follow a similar trajectory to its 2017 performance. With the current market structure aligning with past patterns, XRP might be on the verge of a significant breakout.
Maxwell is a crypto-economic analyst and blockchain enthusiast, passionate about helping people understand the potential of decentralized technology. His goal is to spread knowledge about this revolutionary technology and its implications for economic freedom and social good.
TLDR Amundi is launching a Bitcoin product to meet rising institutional demand in Europe. The…


Is XRP turning into Bitcoin’s high-beta mirror?
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
XRP fell about 15 percent intraday on Friday during the tariff scare tied to White House remarks, then recovered about 9 percent on Monday as risk appetite stabilized, providing a live read on how the token tracks Bitcoin in macro stress and relief.
The Monday bounce saw Bitcoin up about 3.7 percent, Ethereum up about 9 percent, and Solana up about 8.2 percent, with XRP outpacing Bitcoin on the rebound. Friday’s selloff arrived alongside one of the largest derivatives liquidations this year, with about $19 billion in positions wiped out across crypto.
Daily price tables for Oct. 10 through Oct. 13 show the XRP intraday drawdown on Friday and the snapback on Monday that traders used to recalibrate the token’s event beta to Bitcoin. The shock, flush, and relief sequence maps neatly to a simple ratio framework, measuring XRP’s percentage move versus Bitcoin’s percentage move over the same window.
Using Monday performance numbers, XRP’s rebound beta screens near 2.5 times Bitcoin, while the down leg on Friday screens closer to 1.1 to 1.3 times based on price table lows.
That asymmetry matters in practice, because short covering and liquidity pockets can propel XRP further in relief phases than in the initial drawdown.
A straightforward way to operationalize this for the next 10 calendar days is to anchor ranges on Bitcoin’s path and apply conditional betas that respond to leverage rebuild, funding, and macro volatility.
System leverage reset materially on Friday. The scale of forced deleveraging cleared crowded longs and created visible air pockets in derivatives order books. Where open interest and funding migrate from here sets the fuel mix for the next move.
Coinglass dashboards for XRP show open interest, funding rates, long-short composition, and liquidation heatmap that marks price bands where forced sellers would be triggered. If funding turns positive and open interest rises into the week, the market is refilling risk, and the next impulse higher would run into those short liquidation clusters, which can mechanically extend a rally once price trades into them.
Macro tape explains the timing. U.S. equities rebounded Monday as the White House tone turned more conciliatory on trade, the Financial Times reported, following a weak close on Friday. Barron’s tracked an uptick in equity volatility on the tariff headlines, with the VIX moving above 20 in the crash window, a level that has historically coincided with wider crypto intraday ranges.
The dollar index has been choppy into October, and TradingEconomics models place the index near the upper 90s for late-quarter readings. Meanwhile, Reuters reported oil falling to a five-month low on growth concerns connected to tariff risk.
That combination, firmer dollar and softer oil, tends to cap broad risk appetite, which means crypto beta compresses when volatility normalizes and expands when volatility spikes.
The base case for the next 10 days uses three observable inputs, Bitcoin’s drift, derivatives positioning, and the tariff headline path.
If equities and the VIX cool from Friday’s spike and stay under the low 20s, and if funding on XRP futures sits near neutral with open interest rebuilding at a measured pace, a working beta of 1.3 to 1.8 times to Bitcoin is reasonable.
In that setup, a 4 percent Bitcoin advance would map to a 5 to 7 percent XRP gain, and a 4 percent Bitcoin pullback would map to a 6 to 8 percent XRP drop, with short-term overshoots when price tags liquidation bands.
A squeeze scenario comes into play if the White House rhetoric continues to soften, equities hold gains, funding flips meaningfully positive, and open interest rises quickly. Monday’s tape already delivered a 2.5 times read on up beta, so a 6 to 8 percent Bitcoin climb in that environment would map to 12 to 20 percent for XRP, with extension risk if the nearest short liquidation bands are crossed.
A renewed tariff flare-up would bring back downside focus. In that case, betas tend to moderate on the first leg lower because liquidity thins and market makers widen spreads.
A Bitcoin drop of 8 to 10 percent under fresh stress would imply 10 to 15 percent downside for XRP, and subsequent breaks through prior long liquidation clusters would add gap risk.
Cross-market liquidity continues to skew toward Bitcoin this year, a point reinforced by Kaiko’s research on relative depth and returns.
That structural backdrop helps explain why XRP rallies can be sharp when positioning flips and then fade without a durable flow catalyst. Flows would change if the market receives clearer progress on exchange-traded product filings or other routes that bring persistent demand into the asset, but until that is visible on the calendar, positioning and macro drivers remain the primary governors of XRP’s beta to Bitcoin.
In practical terms, volatility control remains simple: monitor the VIX, watch funding and open interest on XRP futures, and track the dollar index around trade headlines.
For readers who want a compact view of the shock window, the following table lays out the Friday low to Monday close path and the implied event beta using the sources above. Values are rounded to one decimal place and are intended to frame the scenario math rather than serve as tick-by-tick price records.
If the VIX holds under 20 and funding is positive while open interest rises, the squeeze case becomes more probable, and the 2 to 3 times up beta observed on Monday is the guide.
If the tariff narrative heats up and the VIX returns above 22, use the downside map with early beta near 1.3 to 1.5 times and monitor long liquidation bands below.
If Bitcoin chops within about plus or minus 2 percent and XRP funding stays muted, expect mean reversion into the nearest visible liquidation clusters rather than trend.
None of this requires speculation about catalysts beyond what is on screen in derivatives dashboards and macro tickers, and the same inputs will set the next ten percent for XRP as the tariff tape evolves.
Also known as “Akiba,” Liam Wright is a reporter, podcast producer, and Editor-in-Chief at CryptoSlate. He believes that decentralized technology has the potential to make widespread positive change.
Also known as “Akiba,” Liam Wright is the Editor-in-Chief at CryptoSlate and host of the SlateCast. He believes that decentralized technology has the potential to make widespread positive change.
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The XRP Ledger is a decentralized cryptographic ledger powered by a network of peer-to-peer servers.
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
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A massive crypto liquidation event, exceeding $19 billion, occurred following US President Trump’s announcement of tariffs on China. Amidst this market crash, Ukrainian crypto trader Konstantin Galish was found dead in his Lamborghini, with authorities investigating his death as a possible suicide linked to significant financial losses. He was found dead from a self-inflicted wound and the gun was registered under his name.
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Strategy (MSTR), the world's largest corporate owner of bitcoin , appeared to miss out on capitalizing on last week's market rout to purchase the dip in prices.
According to Monday's press release, the firm bought 220 BTC at an average price of $123,561. The company used the proceeds of selling its various preferred stocks (STRF, STRK, STRD), raising $27.3 million.
That purchase price was well above the prices the largest crypto changed hands in the second half of the week. Bitcoin nosedived from above $123,000 on Thursday to as low as $103,000 on late Friday during one, if not the worst crypto flash crash on record, liquidating over $19 billion in leveraged positions.
That move occurred as Trump said to impose a 100% increase in tariffs against Chinese goods as a retaliation for tightening rare earth metal exports, reigniting fears of a trade war between the two world powers.
At its lowest point on Friday, BTC traded nearly 16% lower than the average of Strategy's recent purchase price. Even during the swift rebound over the weekend, the firm could have bought tokens between $110,000 and $115,000, at a 7%-10% discount compared to what it paid for.
With the latest purchase, the firm brought its total holdings to 640,250 BTC, at an average acquisition price of $73,000 since starting its bitcoin treasury plan in 2020.
MSTR, the firm's common stock, was up 2.5% on Monday.
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The proposed investment vehicle would be a publicly traded US company designed to buy and hold BNB, marking one of the largest single bets on BNB by a publicly listed entity.
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