Written by
Lockridge Okoth
Edited by
Ann Maria Shibu
The Pi Network token endured a brutal selloff this week, losing nearly half its value in a matter of hours.
Analysts point to a mix of structural weaknesses, leveraged trading liquidations, and shaken community confidence as key factors behind the drop.
According to Pi Network Update, the collapse was triggered by leveraged futures liquidations that set off a cascade of forced sales.
The initial selloff may have begun with only a few thousand PI coins changing hands on a smaller exchange. However, the thin liquidity proved enough to tip the market into freefall.
“The Pi Crash on a 1-minute chart. It’s never one thing. Leveraged futures get liquidated, causing a cascade of sales. The initial drop could have been caused by the sale of only thousands of Pi on a small exchange. Until the system shakes out OG miners and billions of unmigrated Pi, the long-term trend is down,” the network shared.
As of this writing, the PI coin price was $0.2751, down over 5% in the last 24 hours.
The commentary highlights a persistent issue facing Pi coin. A vast supply of tokens remains locked or unmigrated.
This overhang continues to pressure sentiment, leaving the project more vulnerable to sudden price shocks.
Some analysts also compared Pi to Bitcoin, with Jatin Gupta, a builder and pioneer, acknowledging that Pi coin price tends to mirror Bitcoin’s corrections. However, Gupta warned that its drawdowns are typically far sharper.
“What the F*** is wrong with Pi. I understand there’ll be a correction in Bitcoin, and it’ll drop below, but while following Bitcoin, Pi would fall to $0.18!! Damn, that’s horrible,” wrote Gupta.
The remarks mirror a growing concern among traders that Pi lacks the resilience of more established assets, often falling faster and harder during downturns.
Ironically, the crash occurred the same day Pi Network’s two founders made their first public appearance at a community event in Seoul.
🚀 Some Glimpses from today’s $Pi x Sign Meetup in Seoul! 🇰🇷✨
The #PiNetwork community is growing stronger with every meetup 🌐💜
Building connections, sharing visions & shaping the Web3 future together.#PiCoin #Crypto #Web3 #PiCommunity #Pioneers pic.twitter.com/vPw6LIvG77
While some attendees expressed optimism about the gathering, it failed to generate any positive momentum for the token’s price.
Critics like Mr. Spock emphasized the deeper issue, highlighting a disconnect between Pi’s community narrative and trading activity.
“This is why Pi Network is failing. It’s a community project, yet the community doesn’t believe that Pi on exchanges is real. That’s why Pi could crash to zero. The majority of the Pi community isn’t buying Pi, and that’s why I’ve stopped promoting Pi Network as much as I used to,” wrote Mr. Spock.
The episode highlights Pi Network’s fragile position. Despite an active community and a now public visibility of its leadership, the token remains exposed to thin liquidity, speculative trading, and doubts about real adoption.
The challenge for long-time miners and holders is whether Pi can transition from hype to substance, and based on social media sentiment, the market verdict is harsh.
Until the network addresses structural issues, the long-term trend remains tilted downward, but investors should also conduct their own research.
Daily Crypto Insights
Insights, news and analysis of the crypto market straight to your inbox
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
What happens when the lifeblood of crypto investment begins to seep away? That’s the eerie question hovering over Bitcoin and Ethereum exchange-traded funds (ETFs) as they grapple with staggering outflows that send shockwaves through an already fragile market. As investors brace themselves for crucial updates from the Federal Reserve, clarity feels more elusive than ever in this tumultuous landscape.
Now is not the time for the faint-hearted. September 22 marked a day of reckoning for Bitcoin ETFs, witnessing a jaw-dropping $363.17 million exodus. Ethereum didn’t escape either, with $75.95 million pulled out. This $439 million collective outflow has set investors on edge, mirroring a growing sense of short-term bearish sentiment. In this matrix of uncertainty, discussions are rife about the underlying forces driving these decisions, amid the storm of macroeconomic pressures and shifting investor psychology.
What’s fueling this alarming trend in ETF outflows? The reasons are insidious yet telling:
Fear in the Air: As whispers of rising U.S. interest rates and an impending economic downturn circulate, investors are treading lightly. The Federal Reserve’s unclear stance on monetary policy exacerbates these fears, feeding into a broader risk-off behavior.
Locking in Gains: With Bitcoin and Ethereum having enjoyed notable price rallies recently, many investors seem eager to cash out profits, triggering a wave of withdrawals.
A Drying Up of Fresh Capital: The influx of new capital has slowed significantly, intensifying the existing sell-off patterns just as volatility increases, creating a perfect storm for these funds.
Mark your calendars, because Jerome Powell is about to take center stage. As the head of the Federal Reserve, his upcoming comments are poised to sway markets profoundly. Historically, Powell’s rhetoric can send ripples through both traditional investments and the crypto realm alike. With the dollar index holding steady and long-term yields under scrutiny, the implications of Powell’s message could swing sentiment either back toward optimism or deeper into despair, urging investors to recalibrate their positions.
The ramifications of such massive ETF outflows could be dire for cryptocurrency prices. When major ETFs experience significant withdrawals, it usually signals a shift in sentiment, and liquidity for Bitcoin and Ethereum could dwindle. Analysts are on high alert, cautioning that without a resurgence of inflows, cryptocurrencies might grapple with steep price struggles.
Market sentiment feels like a tightrope walk right now. Some traders are bracing for a downturn, speculating that Bitcoin could falter below $110,000, while Ethereum risks losing traction if reluctance among investors lingers.
It’s becoming increasingly apparent that the crypto investor landscape is splintering. Institutional players are still leaning into Bitcoin ETFs as a hedge against inflation and economic instability, but the retail narrative tells a starkly different story. Growing apprehension among retail investors hints at an inclination towards bearish strategies, indicating a rift in motivations that highlights the complexity of current market dynamics.
Looking ahead, the interaction between ETF flows, regulatory considerations, and macroeconomic indicators, including impending inflation reports, will be pivotal. Should outflows persist, a drawn-out phase of price stagnation or correction may follow for Bitcoin and Ethereum. Conversely, a resurgence in inflows—particularly from institutional investors—could set the stage for future gains, yet these bright prospects seem overshadowed by current trends.
The unsettling decline in inflows toward Bitcoin and Ethereum ETFs, fueled by regulatory anxieties and economic worries, paints a intricate picture of today’s crypto sentiment. The looming Fed announcement might act as a catalyst—either reinforcing current bearish trajectories or sparking a robust recovery. As we delve deeper into this complex narrative, it is clear that understanding these shifting factors is not just beneficial; it’s essential for investors seeking to navigate the unpredictable waters of cryptocurrency investment in this high-stakes environment. The road ahead is fraught with challenges, but awareness and strategy could illuminate a path through the chaos.
Get started with Crypto effortlessly. OneSafe brings together your crypto and banking needs in one simple, powerful platform.
Bitcoin and Ethereum ETFs face significant outflows amid economic uncertainty, revealing market behaviors influenced by the Federal Reserve's policies.
Avalanche (AVAX) revolutionizes institutional asset tokenization, enhancing financial ecosystems with Anthony Scaramucci's guidance. Explore blockchain's transformative power.
Ethereum faces liquidity challenges in 2025, while BullZilla rises as a promising investment opportunity with high returns and strong community backing.
Begin your journey with OneSafe today. Quick, effortless, and secure, our streamlined process ensures your account is set up and ready to go, hassle-free
Few investments have captured the world’s imagination like Bitcoin.
Prices have soared, collapsed, then soared again. Governments call it risky. Wall Street calls it digital gold. And millions of everyday investors just want to know one thing: how do you actually buy in without blowing up your savings?
The truth: crypto isn’t a lottery ticket.
It’s volatile, messy, and filled with scams designed to hook rookies. But Bitcoin is also the most established cryptocurrency on the market, backed by more than a decade of survival. For beginners, the question is no longer why to invest in Bitcoin, but how to do it safely.
Download a trusted exchange app — Start by choosing a licensed crypto exchange. We recommend starting with the Best Wallet app, available for both iOS and Android.
Create and verify your account — Sign up using your email, Google, or Apple ID. To complete registration, you’ll need to verify your identity with a government-issued ID and enable two-factor authentication (2FA) for added security.
Fund your account — Deposit money into your account by linking a bank account or credit card or even using gift cards. Choose an option that best fits your lifestyle.
Buy your first cryptocurrency — Use the app’s marketplace or swap tool to purchase crypto by entering the ticker symbol — like BTC for Bitcoin or ETH for Ethereum — and follow the prompts to complete the transaction.
Choose how to store your crypto — Decide whether you’ll keep your crypto in the exchange, move it to a digital wallet (hot wallet), or store it offline (cold wallet) for extra protection.
Most newcomers underestimate what they’re buying.
“The reality is that Bitcoin and digital assets are volatile, and investors often underestimate the risk of sudden drawdowns of 30–50%,” warns Wilfred Daye, chief strategy officer at Mercurity Fintech Holdings.
That rollercoaster takes a toll. Temujin Louie, CEO of Wanchain, says: “Most first-time crypto investors have unrealistic expectations and underestimate how emotionally draining crypto’s volatility can be.”
Nic Adams, co-founder and CEO of 0rcus, puts it bluntly: “Basically, tons of first-time crypto investors walk in thinking it is a shortcut to quick wealth. Except what they forget is how stressful it can be when prices move 20% in a week and there’s no plan.”
This is where Best Wallet steps in. The non-custodial app lets you buy, store and manage Bitcoin yourself — not a third party. It layers in biometric login, PIN protection, and scam filters that flag risky tokens. And its real-time market insights help investors avoid chasing hype. Instead of juggling exchanges, wallets, and spreadsheets, you can keep it all in one place.
Not everyone wants to deal with private keys and storage. Enter Bitcoin ETFs, funds that give you exposure to the price of Bitcoin without owning the actual coins.
“Bitcoin ETF makes sense for people who want simplicity,” says Adams. “It is held in a regulated fund, the reporting is clear, and you do not have to worry about losing your keys.”
But critics argue ETFs miss the point. Danosch Zahedi, CEO of The Block, says: “The whole promise of Bitcoin is to be decentralized, so buying a Bitcoin ETF fundamentally contradicts this ethos, you’re just speculating on price without actual ownership.”
There are two main types:
“For those who value simplicity and regulatory oversight, ETFs can be a safer entry point,” says Berkay Guven, investment partner at Bitward.
Patrick Heusser, head of lending at Sentora, adds: “ETFs are safer for those who want price exposure without the burden of wallets or private keys.”
Bottom line: ETFs trade control for convenience. If you want actual ownership, use a wallet. If you just want exposure, ETFs will do.
Don’t go all-in. Experts agree that between 1 to 5% of your portfolio is the sweet spot.
“Put 1 to 5% of your portfolio into Bitcoin through a slow, steady plan,” Adams advises.
Daye agrees: “A prudent rule is to start small, no more than 1 to 5% of your investable assets, and use dollar-cost averaging.”
Dollar-cost averaging means buying the same amount at regular intervals, whether the price is up or down. It smooths out the ride and keeps emotions in check.
Guven stresses balance: “It’s also important to balance crypto exposure with more traditional investments, so that one’s portfolio isn’t overly dependent on market swings.”
Louie adds: “Those wanting to get exposure to crypto for the first time should begin by investing pre-determined amounts on a fixed schedule to smooth volatility.”
Best Wallet makes this simple by tracking all your holdings in one dashboard and sending alerts when markets swing.
Most beginners buy their first Bitcoin through big-name platforms like Coinbase, Binance or even Cash App. They’re simple and familiar. But there’s a catch: when your Bitcoin sits on these apps, you don’t really control it.
“NOT YOUR KEYS, NOT YOUR CRYPTO,” warns Musa Hakim Jr., co-founder of Lazy Moose. If the platform freezes withdrawals or collapses, your money is gone.
That’s why many experts push newcomers toward non-custodial wallets like Best Wallet. The app lets you buy Bitcoin through its built-in DEX aggregator and then stores it with encrypted private keys on your device. No middleman. No third-party risk.
For those skittish about self-custody, ETFs remain an option. But if you want actual Bitcoin ownership, a wallet is the way to go.
Crypto inside a retirement account? It’s happening. Fidelity, Schwab, and other firms have rolled out limited crypto access through retirement products.
Daye says the appeal is obvious: “Bitcoin and digital assets are volatile, but institutional interest has given them legitimacy as part of diversified portfolios.”
Still, most experts recommend keeping retirement crypto exposure tiny. Think 1 to 2% at most. Unlike stocks, there’s no FDIC insurance or guaranteed liquidity. And Bitcoin’s price swings can wreak havoc on long-term planning if you over-allocate.
If your 401(k) allows Bitcoin exposure through a fund, it can be a simple way to dip in. Just don’t confuse “possible” with “smart.”
Crypto and stocks run on different engines.
“New investors often treat crypto like stocks, but it’s a very different market,” says Heusser. “Metrics like total value locked, on-chain users, and settlement activity matter when evaluating protocol performance.”
Zahedi adds that retail investors “often jump in without knowing how to assess risk metrics, read whitepapers critically, or even recognize obvious red flags like unsustainable yield farming rates.”
Stocks are tied to company fundamentals. Crypto is tied to network activity, sentiment, and sometimes pure speculation. Both can make money. Both can wreck portfolios. The difference is that stocks come with decades of regulation. Crypto is still the Wild West.
Best Wallet’s scam filter is designed with that in mind, flagging tokens with shady tokenomics or suspicious insider allocations before you buy.
Veterans agree: Stick to the blue chips.
“Begin with established projects that are in the top 10 by market cap, as these have proven resilience through multiple cycles,” says Zahedi.
Louie advises: “Once comfortable, expand your investment to include other blue-chip assets like ETH. Only once you have gained experience should you engage with higher-risk altcoins.”
Hakim suggests leaning on community: “Find a friend or family member that invests, get tips from them, then go on YouTube to get as much information on project life cycles.”
Still, Bitcoin is the best starting point. It’s battle-tested, liquid, and widely accepted.
If you’re new, don’t skip the basics.
Best Wallet bakes security in with biometric login, PIN codes, and encrypted private keys that never leave your device. It’s built to be simple for beginners but still strong enough for pros.
Crypto will always be chaotic. Some traders will strike it rich. Others will chase meme coins into oblivion. The difference comes down to discipline.
Success in crypto isn’t about discovering the next hidden gem. It’s about managing risk, filtering hype, and knowing what you own. And that’s why you need tools like Best Wallet.
The app’s scam filters help you avoid shady projects. Its launchpad highlights vetted new tokens. Portfolio tracking keeps you organized. And security features — biometric login, PINs, two-factor authentication — put you in control.
Bitcoin isn’t risk-free. However, for beginners, starting small, staying steady, and using smarter tools can turn chaos into an opportunity.
As Adams warns, don’t treat it like a lottery ticket. As Hakim reminds, own your keys if you want to truly own your Bitcoin.
For everyone else? Stick to the basics, learn as you go, and remember: patience, not panic, is the real winning trade.
The Best Wallet app puts security first with biometric logins, two-factor authentication, and full non-custodial control — so you hold your keys, not just your coins. With support for thousands of altcoins across 60+ blockchains, it pairs top-tier security with powerful, user-friendly tools — making it the safest, most innovative way to HODL, swap, and manage your crypto.
Coinbase is building a more inclusive financial future for over a billion people, enabling them to trade, stake, spend, and transfer crypto on a secure and trusted platform. It powers the on-chain economy with essential infrastructure, global access, and a commitment to fair, responsible innovation.
Kraken takes crypto security seriously, with FIDO2-compliant Passkey logins, encrypted communications, and customizable API permissions that keep your account firmly in your control. With no phone-based recovery, time-locked global settings, and real-time threat monitoring, it’s built to protect your assets at every layer.
Robinhood Crypto offers a user-friendly platform for trading and transferring digital assets, including the ability to securely and easily send and receive crypto to and from external wallets. With its self-custody Robinhood Wallet, it manages crypto holdings across multiple blockchains, including Ethereum, Bitcoin, and Solana.
Ledger is a leading provider of secure hardware wallets, offering devices like the Ledger Nano X and Ledger Stax that protect private keys offline using industry-leading Secure Element chips and a proprietary operating system. Paired with the Ledger Live app, manage over 5,500 digital assets, including cryptocurrencies and NFTs.
Crypto.com lets you buy, sell and trade over 400 cryptocurrencies, including Bitcoin and Ethereum, with zero-fee USD deposits, wire, and Apple/Google Pay. With a user base exceeding 140 million, the platform gives advanced trading options, a self-custodial wallet through Crypto.com Onchain, and industry-leading security certifications.
Uphold is a multi-asset trading platform that enables users to buy, sell, and swap over 360 cryptocurrencies, 27 fiat currencies, and four precious metals, all in a single step. With features like assisted self-custody via the Uphold Vault, staking rewards up to 16.8%, and real-time reserve transparency, it offers a secure and versatile experience for both beginners and seasoned investors.
Submit ICO
Home » News »
Pradeep is a crypto enthusiast and fintech journalist with over six years of hands-on experience in the cryptocurrency space. He’s written more than 4,000 articles,…
Kai Man Ng is an editor and translator with a strong passion for crypto, blockchain, and Web3 technologies. He specializes in transforming complex technical concepts…
Investors are asking why is crypto down today, as the total market cap has dropped by 2.21% in the last 24 hours. The market has lost over $100 billion in value during this period.
While Bitcoin is down 1.84% in daily and 2.61% in weekly timeframe, Ethereum has dropped by 2.74% in daily and 7.45% in weekly chart.
Large-cap tokens and smaller projects swung sharply as long positions were liquidated, the Fed cut rates, and the dollar strengthened. The move may be modest in size, but it sends an important signal because it comes at the very start of a data-heavy week.
The correction has prompted expert investors to look for innovative projects that could sail through this high volatility period. Lurking in this backdrop is an emerging altcoin project, Bitcoin Hyper, which has raised over $17.6 million in its ongoing presale.
It is the first layer-2 infrastructure project for Bitcoin that can capitalize on the wave of institutional adoption and increasing demand for BTC.
Various factors have combined to create a perfect storm in the crypto market.
On Monday, more than $1.65 billion worth of leveraged long positions in crypto were wiped out, which added heavy selling pressure. Bitcoin accounted for about $286 million of those liquidations, while Ethereum saw roughly $490 million.
The U.S. Dollar Index (DXY) has been creeping up, affecting the crypto market inversely. After dropping to a multi-year low of 96.28, the DXY recovered sharply and currently sits above the 97.3 level. With the dollar strengthening, capital is shifting from risky assets like cryptocurrency. 
US Dollar Index Chart. Source: TradingView
The Fed’s 25 basis-point rate cut has triggered the move, which many expected to be dovish. But signals from Fed officials suggested caution, meaning the rate cut was viewed more as a risk-management tool rather than the start of a longer easing cycle. That encouraged safe-haven demand for the dollar.
While macroeconomic indicators suggest bearish pressure, long-term bullish sentiment in the crypto market remains intact. Despite the correction, the altcoin index is flashing bullish signals, officially marking the start of the altcoin season, as it crosses the 75 mark.
Altcoin season has previously produced massive winners that delivered 50x-100x gains in a short period of time. This time, savvy investors are now focusing on infrastructure projects that directly tackle the market’s institutional demand problem.
Bitcoin Hyper (HYPER) enters this market moment as a project built to address the speed and scalability issues of the largest cryptocurrency in the world. Bitcoin has long been appreciated for its ability to store value, high security, and its role in combating inflation, making it the 8th largest asset in the world.
However, Bitcoin still faces challenges. While Ethereum and Solana have grown into strong ecosystems for meme coins, dApps, and DeFi, Bitcoin struggles to match them because of its scalability and limited functionality.
Bitcoin Hyper addresses this precisely with its layer 2 blockchain, built with a unique architecture designed to provide scalability, flexibility, and interoperability, similar to Solana, within the Bitcoin ecosystem. 
The platform runs on the Solana Virtual Machine (SVM), which allows developers to move their apps and cryptocurrencies to the L2 without needing wrappers or learning a new programming language. The team is utilizing ZK-rollup technology to bundle transactions and settle them regularly on the Bitcoin Layer 1.
Bitcoin Hyper is not an ordinary token; the project is attempting to revolutionize the utility of the biggest blockchain in the world. It is a project with infrastructure, utility, security, and innovation, seeing massive demand from investors.
The presale numbers are already exploding:
Investors seeking the next big altcoin with revolutionary tech, strong fundamentals, and a project solving real-world problems in DeFi and PayFi, Bitcoin Hyper offers a strong case.
Early adopters have the golden opportunity to snatch HYPER tokens at a low price now. You’re getting in early, so the margin of safety is high while the upside potential is massive. The opportunity is here now.
Global crypto exchange Kraken has officially unveiled its new token sale platform, Kraken Launch, with the first project being the highly anticipated Yield Basis (YB) token sale. Kraken Launch: Fair…
China has asked several Chinese brokerage firms to suspend their real-world asset (RWA) tokenization operations in Hong Kong, signaling tighter oversight even as the city races ahead with its ambitions…
Pradeep is a crypto enthusiast and fintech journalist with over six years of hands-on experience in the cryptocurrency space. He’s written more than 4,000 articles, blending technical know-how with market insight to break down complex topics in a way that’s easy to follow. With a strong focus on both analysis and industry trends, Pradeep’s work aims to keep readers informed, engaged, and ahead of the curve in the fast-moving world of digital finance.
Previous post
Best Crypto to Buy Now: Why Bitcoin Hyper Is Gaining on BTC and ETH
Next post
Dogecoin Price Prediction: Is DOGE About to Break Out Again?
icobench.com is a cryptocurrency data website tracking 18896 cryptocurrencies trading on 402 exchanges.
© 2025 Icobench.com. All rights reserved.
Ripple has unveiled plans for a native lending protocol on the XRP Ledger (XRPL) as part of its updated roadmap. The protocol will launch with XRPL Version 3.0.0 later this year.
The XRP Ledger has reached over $1 billion in stablecoin volume in a single month. It has also secured a position among the top ten blockchain networks for real-world asset activity.
1/ Institutional DeFi is here and the XRP Ledger has solidified its position as the trusted open source settlement layer for global institutions.
The next phase of the roadmap starts now. Explore it below and read the full blog for details 🧵⬇️ https://t.co/YLQ9Po8xMQ
— RippleX (@RippleXDev) September 22, 2025
The new lending protocol will introduce pooled lending and underwritten credit at the ledger level. It will use Single-Asset Vaults and Lending Protocol specifications to manage these functions.
The system pools liquidity through vaults that issue shares to investors. These shares can be public or restricted based on requirements.
The vaults then support fixed-term loans with repayment schedules managed on-chain. While underwriting and risk management happen off-chain, institutions can add safety measures.
First-loss capital can provide extra protection for lenders. Regulated custodians can structure collateralized loans within the system.
Ripple designed the protocol to give institutions access to low-cost, compliant credit markets. The system taps into liquidity from global investors while meeting regulatory standards.
Financial institutions can source capital efficiently while following KYC and AML requirements. The XRPL’s low fees and fast settlement make this process more efficient.
The protocol pools liquidity from smaller investors into institutional-sized loans. This approach maintains compliance while providing access to global capital.
Ripple has already introduced compliance tools like Credentials, which link to decentralized identifiers. These tools help verify KYC status and accreditation levels.
The Deep Freeze tool allows issuers to prevent operations on flagged accounts. Token Escrow and Permissioned DEXs offer greater control without centralizing the system.
Privacy protection is part of Ripple’s roadmap through zero-knowledge proofs (ZKP). These will offer confidentiality while remaining auditable for regulators.
Confidential Multi-Purpose Tokens are planned for Q1 2026. These will allow private trading of assets while maintaining regulatory compliance.
The Multi-Purpose Token (MPT) standard allows representation of complex financial instruments. Bonds, funds, and structured products can all be represented on XRPL.
MPTs do not require complex smart contracts and contain multiple metadata fields. This makes them suitable for institutional use cases.
Ripple recently extended RLUSD into Aave’s Horizon RWA market. This move shows how tokenized assets are gaining adoption in regulated environments.
The roadmap includes other tools like batch transactions and permission delegation. These features keep XRPL fees low while ensuring fast settlement.
Ripple encourages validators to upgrade to version 3.0.0. Developers can test lending and tokenization features on the devnet now.
The long-term vision positions XRPL as a trusted chain for institutional finance. It will power stablecoin foreign exchange, collateralized lending, and tokenization with built-in compliance.
📈 Futures & Crypto Trader 🔍 Sharing charts, strategies, & mindset tips to help you level up 🚨 Not Financial Advice Follow on X @Pro_Trader_Edge
TLDR Sygnia warns clients: Keep Bitcoin ETF exposure under 5% of portfolio. Bitcoin ETF boom…
XRP (XRP) slipped below a key technical pattern on Monday, raising questions about whether its summer rally has run out of steam.
The Ripple-associated token briefly fell under the support line of a descending triangle, a formation that emerged after its 90% surge toward $3.40 earlier this year.
In classical chart analysis, descending triangles positioned at the top of an uptrend are often interpreted as bearish reversal signals, with breakdowns sometimes extending toward prior accumulation levels, in this case near $1.83.
That is down about 35% from current price levels.
Still, the picture isn’t entirely one-sided. In trending crypto markets, such triangles can flip into continuation patterns, trapping shorts before the uptrend resumes.
XRP even attempted a breakout earlier this month, only to retreat and retest the triangle’s upper boundary. This retest is a typical checkpoint that either validates a continuation move higher or confirms a deeper pullback.
In the event of a rebound, XRP’s price can rally by as much as the triangle’s height, putting $3.83 as its primary upside target.
Ripple is rolling out new initiatives on the XRP Ledger (XRPL) that may bolster long-term confidence.
The company recently unveiled an institutional-focused roadmap, featuring a native lending protocol, zero-knowledge proof privacy tools, and enhanced tokenization standards.
Separately, a new liquid staking product, mXRP, was launched at XRPL Seoul 2025, promising holders yield up to 8% opportunities.
These structural upgrades arrive just as XRP tests a key technical pivot.
If the token rebounds from the triangle’s upper trendline, Ripple’s push into institutional DeFi and staking could serve as the catalyst that strengthens the bullish case.
Glassnode data shows that nearly 90% of XRP addresses are currently profitable, underscoring strong holder conviction even as price tests key support, and amid a pending ETF decision by the SEC.
Historically, such high profitability has sometimes preceded bouts of profit-taking, but it also reflects a market where most participants remain net positive, creating a buffer against panic selling.
The technical retest, XRPL upgrades, and robust onchain profitability suggest XRP is at a crossroads. A rebound could reinstate the bullish narrative, while a failed defense risks opening the door toward $1.83.
Yashu Gola is a crypto journalist and analyst with expertise in digital assets, blockchain, and macroeconomics. He provides in-depth market analysis, technical chart patterns, and insights on global economic impacts. His work bridges traditional finance and crypto, offering actionable advice and educational content. Passionate about blockchain's role in finance, he studies behavioral finance to predict memecoin trends.
XRP News Today: Market Awaits SEC Spot ETF Decision to Spark XRP Rebound
Gold (XAUUSD) & Silver Price Forecast: Overbought Signals Hint at Short-Term Pullback
US Dollar Forecast: Range-Bound as Traders Await Powell’s Speech, GBP/USD and EUR/USD
Natural Gas and Oil Forecast: Market Braces for More Downside if Supports Break
US Dollar Forecast: DXY Tests Bearish Reversal Setup as Traders Eye PCE Data
