Reasons for the current decline in the digital currency market
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The digital currency market,especially Bitcoin,has recently witnessed a sharp decline in prices,as the value of Bitcoin fell by 27% in a few minutes,from $95,800 to $91,800.This sudden decline comes in light of the announcement of South Korean President Yoon of martial law in the country, which sparked a state of panic among citizens and investors. ⚫Martial Law and Its Impact on the Market The declaration of martial law in South Korea is an unprecedented step,reflecting a state of political unce
🗣️Expectations are that in a few hours Trump will announce the selection of the Chairman of the Securities and Exchange Commission who will replace Gensler🎉
$XRP price prediction in 2025 depends on multiple factors such as legal developments, institutional adoption,technical developments,and the overall state of the cryptocurrency market.Here are some of the key factors that could impact XRP
📍Legal Developments: The case between Ripple (the developer of XRP) and the US Securities and Exchange Commission (SEC) has a significant impact on the price of the coin.If a positive resolution is reached by 2025, it could increase the demand for XRP. 📍Institutional Adoption: Ripple is expanding the use of On-Demand Liquidity (ODL) technology for cross-border money transfers, and if major financial institutions continue to adopt this technology,it could boost the value of XRP. 📍Volatility in the General Market: The cryptocurrency market as a whole can be affected by global economic changes, such as monetary policies or the adoption of cryptocurrencies by governments. 📍Supply and Demand: With a limited supply of XRP,increased demand from institutions or individuals could drive the price up significantly. Average forecast: If Ripple successfully settles the legal cases and increases its partnerships with banks, the price could range between $5 and $10. In a less optimistic scenario,the price could remain between $1and$3 if widespread adoption does not occur or legal challenges persist.
📌Ripple is witnessing a very strong rise and has surpassed previous peaks,which is a very positive indicator for the continuation of the rise.
📌 The current situation is that the currency is forming a bullish flag technical model,and it is required to exceed 1.9527📈 and stabilize above it to reach a price of 2.0509,which is the next target in the upward movement.✔️
📌 If the price fails to stabilize above 1.85273📉 and if it breaks it,the price will head to the 1.7847 area.
🔵Some people are waiting for Bitcoin to drop to $77,000💰 to close the CME price gap
🟢Remember that it is not necessary to close price gaps and also remember that in the last bullish cycle,two CME gaps were left open,and it took more than 520 days to close each one
I have reviewed all your analyses and I noticed that you are basing your analysis on coincidence or that you are not an expert in this field.
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Digital Money Market Coins
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Bikajellegű
Ripple (XRP) in 2025:
January 2025: $1.10 - $1.30
February 2025: $1.15 - $1.35
March 2025: $1.20 - $1.40
April 2025: $1.25 - $1.45
May 2025: $1.30 - $1.50
June 2025: $1.35 - $1.55
July 2025: $1.40 - $1.60
August 2025: $1.45 - $1.65
September 2025: $1.50 - $1.70
October 2025: $1.55 - $1.75
November 2025: $1.60 - $1.80
December 2025: $1.65 - $1.85
These predictions are speculative and based on existing data and potential future trends. Ripple's price can be highly unpredictable, so it's always a good idea to do thorough research and stay updated with market news.$XRP
🔵The Hyperliquid platform has done the best Airdrop of the year in everything, whether the distribution method,not selling coins to investment funds,no distribution problems, the percentage of huge coins given to the community is 31%.
🟢As we can see, this is reflected in the price chart of the HYPE platform coin,which does not stop rising,although the coin cannot be traded on any centralized trading platform yet,mostly because these platforms are unable to obtain liquidity from the coin except through direct purchase from the market.
🟢The Hyperliquid platform has relied entirely on the community,and so far every step taken by the platform team has been a great success.
✅ After this example,we will find many projects relying on this method that has proven its success.
🔵Yesterday, US Ethereum ETFs 🇺🇸 achieved their highest daily inflows since launch, surpassing the daily inflows of Bitcoin ETFs for the first time at $332.9 million
🔵 Blackrock has partnered with Curve and Elixir through BlackRock’s $533 million BUIDL fund to access DeFi through a partnership with Curve Finance and Elixir✔️
🟢 This collaboration enables up to $1 billion of real-world institutional assets to mint USD, a synthetic yield-generating dollar from Elixir on Curve.
🟢 In return,RWA investors will have access to new DeFi opportunities while maintaining the returns of their existing real-world assets💰
💵 The US dollar consolidates its gains ahead of the Fed minutes:🏦
• BBH analysts said in a report that the minutes of the Fed meeting to be released tonight may show that some Fed officials are against a 50 basis point rate cut before they are convinced to vote in favor of the majority.. At the monetary easing policy launch meeting on September 18,Fed Governor Bowman was the only dissenter, voting in favor of a 25 basis point rate cut. The Fed has since indicated that it will cut rates by another 25 basis points next month, a possibility that has provided some support to the dollar.. 🇺🇸
🗣️Brian Armstrong,CEO of Coinbase,claims that Senator Elizabeth Warren and SEC Chairman Gary Gensler illegally tried to dismantle the entire crypto industry by targeting banking licenses in the United States.📉
🟢Armstrong believes this strategy contributed to Democrats’ losses in key state elections🧐🤔
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