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The Trump tariff announcement triggered a historic liquidation cascade across global markets, and XRP was no exception. The asset broke multiple key technical structures on both the daily and 4-hour charts as panic selling swept through the crypto sector.
While the price has shown early signs of stabilization near $2.4, the market remains fragile and highly sensitive to further macro developments.
By Shayan
The crypto market faced one of its sharpest single-day selloffs following U.S. President Donald Trump’s tweet threatening a 100% tariff on Chinese imports, which sparked widespread risk aversion across global markets. Within hours, nearly $900 billion in crypto market capitalization was wiped out, before staging a minor recovery.
XRP plunged from the $3.0–$3.1 resistance band, decisively breaking below the multi-month symmetrical triangle that had been forming since July. The rejection from the descending trendline coincided with the market-wide collapse, sending XRP toward the $1.2 threshold, indicating a 55% decline.
Despite the magnitude of the crash, the broader macro structure remains technically intact as long as the price holds above the green ascending trendline, which connects the major higher lows established earlier in 2025. A rebound from this region could preserve the long-term bullish structure and set the stage for a higher-low continuation pattern.
On the 4-hour chart, the extent of the macro-driven shock becomes even clearer. XRP sliced through both the mid-range structure and the $2.8 horizontal demand zone, triggering widespread stop-losses and forced liquidations among overleveraged long positions. The wick below $1.2 underscores the depth of panic selling, while the sharp rebound that followed signals early signs of stabilization as buyers stepped in to absorb the capitulation wave.
At present, XRP is attempting to reclaim the broken $2.7–$2.8 zone, which has now flipped into short-term resistance. A successful close above this region, followed by a retest as support, could mark the beginning of a relief rally toward $3, where the next supply cluster resides. Failure to reclaim this area, however, would confirm that bears still maintain short-term control, likely extending the correction toward the $2.2–$2.0 region in the coming sessions.
Momentum indicators reinforce this mixed outlook. The RSI has entered deeply oversold territory, suggesting that sellers may be losing strength and that a rebound could soon materialize. Yet, recovery is expected to remain volatile and sentiment-driven, heavily dependent on how broader markets digest the implications of the tariff announcement.
Full-time on-chain Data Analyst and Python Programmer. Passionate about Bitcoin and DataVisualization.
Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. Full disclaimer

The recent liquidation that hit the market yesterday, causing over $30 billion in losses, has caused fear, uncertainty and doubt among investors. Before the crash, investors believed the Bitcoin bullish story was just getting started as analysts and market watchers continued to issue large predictions; however, 24 hours later, the tide had changed.
Investors are doubting the prediction that Bitcoin will reach $1,000,000 in the coming years. Simultaneously, the savvy investors seem untouched by the crash, as they’ve used a PayFi solution presale as a hedge. A newer project, Remittix (RTX), is emerging as the investors’ pick for 2025.
As of writing, Bitcoin price is pegged at $112,153, gradually recovering from the crash. According to our analysis, Bitcoin must maintain trading above $111,909 before it can move to the closest major resistance at $114,790, then propel to the next resistance at $117,355. In case the price falls, the initial support is at $111,909. Without this level, there is a possibility of a further decline to the next support level of $108,143.
While Bitcoin peaking at $1,000,000 might be susceptible, it’s forever susceptible to sudden crashes caused by trade news, e.g the Trump tariff war against China yesterday. A better option for investors to hedge is Remittix (RTX), an emerging PayFi solution that promises a 1,000x return in the coming months.
Remittix (RTX) is a PayFi platform built on the Ethereum blockchain, facilitating seamless cross-border crypto-to-fiat transactions in over 30 countries and supporting more than 40 cryptocurrencies. Users send crypto, which is converted with live FX rate on the app, and deposited directly into the recipient’s bank account.
Its utility lies in bridging a $19 trillion payment gap between traditional payment systems and cryptocurrency, standing at the intersection of DeFi, blockchain, and local payment networks. Remittix also has a business API that freelancers, marketplaces, and SMEs can use to receive payments.
Remittix is currently offering a 15% reward program for users who onboard new investors. Users receive 15% off their referee’s presale purchase, and so far, people are earning thousands daily from this scheme.
Remittix highlights:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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TLDR AAVE’s price dropped 64% during a flash crash before recovering 140%. Aave processed a…


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Pi Network, a crypto project that aimed to be a better version of Bitcoin, has become one of the biggest disappointments of the year as its token has crashed, erasing over $18 billion in value.
Pi Network is a crypto project launched by Nicolas Kokkalis and Chengdiao Fan in 2018 to become a better alternative to Bitcoin in the way it was mined and used.
Their goal was to ensure that anyone with a smartphone to mine and accumulate the coin. At the same time, unlike Bitcoin, Pi Network would be supported by an ecosystem. It would also be widely accepted by all types of sellers globally.
Pi Network became a highly popular coin, attracting over 50 million users. Its mobile browser had over 100 million downloads on Android and iOS. These miners, popularly known as pioneers, hoped to accumulate as many tokens as possible and then convert them to cash after the mainnet launch.
Pi Network launched its mainnet in February, with some notable exchanges like OKX, Bitget, MEXC, and Gate listing it. These listings pushed its price from $0.6 to almost $3 within a few days.
However, the listing gains were short-lived as the coin plunged by over 90% to the current $0.2280. The collapse has brought its total market capitalization from almost $20 billion to $2.8 billion today.
There are a few reasons why the Pi Network price has crashed after the mainnet launch. First, the coin plunged because of the significant selling by many pioneers as the price crashed. It is common for early crypto investors to dump their tokens after an airdrop or mainnet launch.
Second, Pi Network’s price crashed because of its high inflation, which has seen the amount of tokens in circulation keep rising. Data shows that over 1.2 billion tokens will be unlocked in the next 12 months.
Also, with less than 9 billion tokens in circulation, over 90 billion more will be unlocked over time. A token normally drops when there is a significant increase in supply and limited demand.
Third, the Pi Network price has plunged because it has become a ghost chain with no real-world utility. No retailer accepts Pi Coin, and no mainstream apps exist in its ecosystem, meaning that it has no utility.
There are other reasons why the Pi Network price has crashed this year, including the lack of major exchange listings after its mainnet launch, claims that it is a scam, and lack of a clear roadmap from the developers.
Crypto investors and experts believe that the team can implement some major changes that will boost its price, at least in the near term.
One major remedy would be to improve its tokenomics by introducing a major token burn that reduces the number of all tokens, potentially to 21 billion. The OKB price recently went parabolic after the developers slashed the number of tokens in circulation from over 60 million to 21 million.
Another option would be to ensure that the coin is listed by major exchanges like Binance, Coinbase, and Upbit. An exchange listing would lead to a parabolic move as Pi becomes available to more investors.
Pi Network price would also jump if the team ended its centralization, which currently gives the obscure Pi Foundation too much power. The foundation now holds over 90 billion tokens in hundreds of wallets and is not even audited. As such, changes to distribute its power would likely boost the price.
Other measures that would boost the Pi Network price would be to create a real-world utility for the coin, partnerships with major companies, and solving the underlying KYC verification issues.
The post Pi Network: From a global sensation to a crypto ghost chain appeared first on Invezz
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Pi Network, a crypto project that aimed to be a better version of Bitcoin, has become one of the biggest disappointments of the year as its token has crashed, erasing over $18 billion in value.
Pi Network is a crypto project launched by Nicolas Kokkalis and Chengdiao Fan in 2018 to become a better alternative to Bitcoin in the way it was mined and used.
Their goal was to ensure that anyone with a smartphone to mine and accumulate the coin. At the same time, unlike Bitcoin, Pi Network would be supported by an ecosystem. It would also be widely accepted by all types of sellers globally.
Pi Network became a highly popular coin, attracting over 50 million users. Its mobile browser had over 100 million downloads on Android and iOS. These miners, popularly known as pioneers, hoped to accumulate as many tokens as possible and then convert them to cash after the mainnet launch.
Pi Network launched its mainnet in February, with some notable exchanges like OKX, Bitget, MEXC, and Gate listing it. These listings pushed its price from $0.6 to almost $3 within a few days.
However, the listing gains were short-lived as the coin plunged by over 90% to the current $0.2280. The collapse has brought its total market capitalization from almost $20 billion to $2.8 billion today.
There are a few reasons why the Pi Network price has crashed after the mainnet launch. First, the coin plunged because of the significant selling by many pioneers as the price crashed. It is common for early crypto investors to dump their tokens after an airdrop or mainnet launch.
Second, Pi Network’s price crashed because of its high inflation, which has seen the amount of tokens in circulation keep rising. Data shows that over 1.2 billion tokens will be unlocked in the next 12 months.
Also, with less than 9 billion tokens in circulation, over 90 billion more will be unlocked over time. A token normally drops when there is a significant increase in supply and limited demand.
Third, the Pi Network price has plunged because it has become a ghost chain with no real-world utility. No retailer accepts Pi Coin, and no mainstream apps exist in its ecosystem, meaning that it has no utility.
There are other reasons why the Pi Network price has crashed this year, including the lack of major exchange listings after its mainnet launch, claims that it is a scam, and lack of a clear roadmap from the developers.
Crypto investors and experts believe that the team can implement some major changes that will boost its price, at least in the near term.
One major remedy would be to improve its tokenomics by introducing a major token burn that reduces the number of all tokens, potentially to 21 billion. The OKB price recently went parabolic after the developers slashed the number of tokens in circulation from over 60 million to 21 million.
Another option would be to ensure that the coin is listed by major exchanges like Binance, Coinbase, and Upbit. An exchange listing would lead to a parabolic move as Pi becomes available to more investors.
Pi Network price would also jump if the team ended its centralization, which currently gives the obscure Pi Foundation too much power. The foundation now holds over 90 billion tokens in hundreds of wallets and is not even audited. As such, changes to distribute its power would likely boost the price.
Other measures that would boost the Pi Network price would be to create a real-world utility for the coin, partnerships with major companies, and solving the underlying KYC verification issues.
The post Pi Network: From a global sensation to a crypto ghost chain appeared first on Invezz
Read More


As the global cryptocurrency market grapples with renewed volatility, Bitcoin plummets to key support levels, weighing on investor confidence. However, amidst this turbulent market, the UK-based BTC Miner cloud mining platform, with its robust revenue mechanism and leading security architecture, continues to deliver consistent daily profits for users, becoming one of the few beacons of stability in the current market.
Since its inception, UK-based BTC Miner has prioritized “safety first, stable returns,” providing investors with a cloud mining experience that allows them to worry less about market fluctuations. The platform utilizes world-class encryption algorithms and risk control systems, operates fully managed computing power, and publishes all revenue data in real time, ensuring the security of every investor’s assets and transparency of returns.
Among numerous cloud mining platforms, BTC Miner’s “principal and interest guaranteed contract” model stands out. After signing a contract, users will receive a fixed daily return regardless of market fluctuations, bringing certainty to digital asset investment. The platform automates daily profit settlement, and withdrawals are instant, truly ensuring “earnings are available anytime, anywhere.”
New BTC Miner users can earn $500 in contract profits:
Register on the official website by entering your email address: https://btcminer.net
Choose a contract: One-click order placement: 24-hour automatic settlement of earnings: Dashboard access to view training records and withdrawals
BTC Miner contracts are as follows:
LTC Special Contract: $200, 2-day term, daily profit of $10, total profit of $20
DOGE Classic Contract: $2,500, 10-day term, daily profit of $65, total profit of $650
BTC Classic Contract: $5,000, 15-day term, daily profit of $137.5, total profit of $2,062.5
ETH Premium Contract: $10,000, 20-day term, daily profit of $300, total profit of $6,000
BTC Supreme Miner Contract: $30,000, 30-day term, daily profit of $1,086, total profit of $32,580
Click here to view more premium contracts:
BTC Miner’s core strength lies not only in its security and stability, but also in its global vision and technological innovation. The platform collaborates with numerous green energy mining farms and utilizes AI to schedule hashrate, effectively reducing mining energy costs while improving mining machine efficiency. Even during market downturns, BTC Miner maintains impressive returns thanks to its intelligent algorithms and refined hashrate allocation.
In addition, the platform offers limited-time trials of hashrate and a referral reward system for new users, allowing more investors to experience real mining returns with low risk. By referring friends to register, users can earn additional rewards, achieving “return escalation” and further expanding their passive income stream.
In this era of uncertainty, security and stability are the most scarce values. UK-based BTC Miner cloud mining exemplifies what “counter-trend growth” means: undeterred by market fluctuations and focused on stable returns. With more investors joining us, BTC Miner is poised to continue leading the global cloud mining market and injecting sustainable trust and strength into the crypto world.
If you have feedback about BTC Miner cloud mining or need further assistance, please contact us:
Official Website: https://btcminer.net
Official Email: info@btcminer.net
Media: Kevin Byers
Disclaimer:
This press release is for informational purposes only. Information verification has been done to the best of our ability. Still, due to the speculative nature of the blockchain (cryptocurrency, NFT, mining, etc.) sector as a whole, complete accuracy cannot always be guaranteed.
You are advised to conduct your own research and exercise caution. Investments in these fields are inherently risky and should be approached with due diligence.
COMTEX_469476929/2909/2025-10-12T02:27:20


The cryptocurrency market, and world’s largest token Bitcoin, were down for a second consecutive day, on October 12, after markets crashed following United States President Donald Trump’s additional 100 per cent tariffs on China.
Cryptocurrencies market capitalisation is down to $3.7 trillion from record $4 trillion seen last week. The trading volume is at $250.02 billion, according to CoinMarketCap data.
At 11.11 am, Bitcoin was at $1,11,660.41, Ethereum at $3,817.26, Tether at $1, Binance coin at $1,140.34, and XRP at $2.37.
According to CoinMarketCap analysis, the broader crypto market fell 0.89 per cent over the last 24h, extending a seven-day decline of 11.5 per cent.
As per the analysis, the main reasons are geopolitical shock from Donald Trump’Trump’s additional 100 per cent tariffs on China and limit on US software exports. There is also fears of a trade war if China retaliates.
Cryptocurrencies saw their largest liquidation worth $19 billion on October 11, following Donald Trump’s announcement. The equity and crypto markets crashed as investors rushed to safe haven options such as gold and silver amid the volatility and uncertainty.
Among traders, the analysis reported that open interest dropped 18 per cent as traders exited risky positions, indicating low appetite for the investment.
As per the analysis the fall is a “combination of macro shockwaves and extreme leverage”, which created crypto’s worst day since Q1 2025. It added that traders should monitor whether Bitcoin holds $1,10,000 support and if ETF inflows resume post-selloff.
As per data on CoinMarketCap, Bitcoin was at $1,11,122.51 down 1 per cent over the past 24 hours and 10.38 per cent over the past seven days. Market cap was also down close to 0.90 per cent to $2.22.21 trillion, with trading volumes down 45.84 per cent over the past 24 hours to $94.71 billion.
And the world second largest cryptocurrency Ethereum was at $3,798, down 0.39 per cent from the previous day, with market cap at $458.43 billion and trading volume down 50 per cent to $54.44 billion.
Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies,…More
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