Crypto Prices Today: BTC, XRP, DOGE Recover As White House Dismisses Recession Talks Amid Weakening Dollar

Crypto prices today show a notable recovery, with Bitcoin, XRP, and Dogecoin rebounding amid shifting macroeconomic conditions. The White House has dismissed concerns about a looming recession, and the weakening US dollar is driving optimism towards risk assets. As crypto traders react to these developments, is a stronger rally on the horizon? 

Crypto Prices Rebound Today As White House Downplays Recession Amid Weak Dollar

The concerns of an economic recession in the US drove Bitcoin price to $76,000 yesterday. However, crypto prices are up today, with Bitcoin recovering to $81,000. Meanwhile, XRP and Dogecoin had also rebounded after the White House pushed back against recession talks. 

While speaking to CNBC, the National Economic Council Director, Kevin Hassett, shut down recession rumors. He noted that the US economy was still on a positive trajectory despite the likelihood of Q1 2025 data not being positive. 

Hassett’s remarks come after experts hiked their recession odds, JPMorgan increased the odds of a US economic recession from 30% to 40% while Goldman Sachs analysts raised their probability from 10% to 15%. 

Trump’s tariff hikes have been blamed for slowed economic growth. These policies have also weakened the performance of the US dollar against major currencies. The US dollar index has fallen to 103, its lowest level since November 2024. 

A weak greenback is good for risk assets like cryptocurrencies. As the dollar weakens, crypto prices are rising today due to speculation that capital inflows will surge. 

Bitcoin Price Analysis – Can BTC Recover to $90K? 

Bitcoin price trades at $82,480 today after a marginal 1.1% gain in 24 hours. BTC price brushed $83,000 today and is on the way to making a significant price rally after forming an ascending triangle pattern, which often precedes a trend reversal from bearish to bullish. 

Popular analyst Ali Charts notes that if Bitcoin continues to gain and breaches the upper trendline of this ascending channel, it could stir an 8% price rally toward $89,000. If BTC hits this level and market sentiment remains positive, it highlights a bullish Bitcoin price prediction and possible gains past $90,000. 

XRP Price Confirms a Bullish Reversal  

XRP is among the top gainers as crypto prices rebound today amid speculation of a BlackRock XRP ETF application. XRP price today hovers around $2.19 with a 2.5% rise in 24 hours. Ripple has broken above the upper trendline of a falling wedge pattern confirming a bullish reversal. 

The RSI is at 52, signaling neutral conditions, with buyers having a slightly upper hand. The On-Balance Volume also remains stable at high levels, hinting at steady participation from traders. If the XRP price confirms a decisive breakout above the upper trendline, the next targets are the 50% and 100% Fibonacci levels of $2.61 and $3, respectively. 

Dogecoin Price Analysis 

Dogecoin price has gained by 4.6% today to trade at $0.168 despite the SEC’s DOGE ETF delay. Meanwhile, the short-term holder NUPL suggests that DOGE price may have reached a local bottom.

This metric has declined significantly aligning with the recent downtrend, suggesting that short-term holders are heavily underwater. If history repeats, this drop could precede a capitulation or a reversal opportunity. 

Final Thoughts on Crypto Prices Today 

Crypto prices are bullish today with the weakening US dollar and White House remarks on recession providing tailwinds for Bitcoin, XRP, and Dogecoin prices. If risk assets see a continued rise in demand, it could fuel significant price gains.

Frequently Asked Questions (FAQs)

1. Why are crypto prices gaining today?

Crypto prices are gaining today after the White House cooled recession fears. A weaker dollar is also good for risk assets.

2. What did the White House say about economic recession?

The National Economic Council Director has stated that the US economy is still on a bullish trajectory. Therefore, there were no concerns about a recession.

3. Why is the US dollar dropping?

The US dollar is dropping because of the economic implications of Trump policies. As the greenback weakens, it could fuel capital inflows into the crypto market.

✓ Share:

• Trending
• Price Analysis

• Fidelity, Grayscale, VanEck Dump Ethereum Amid ETH Price Crash
• Ethereum Treasury Firm SharpLink Confirms Compliance Amid Nasdaq Oversight
• Trump Media Acquires 684M CRO for Cronos Treasury, Strikes Deal with Crypto.com
• SEC and CFTC To Host Roundtable To ‘Harmonize’ Regulatory Frameworks for Crypto
• Hyperliquid Announces Plans to Launch USDH Stablecoin, HYPE Price Climbs

• Cardano Price Targets 30% Surge as Top Economist Calls for Fed Cut
• ETH Price Forecast as Grayscale’s Covered Call Ethereum ETF Spurs Optimism — Is $8,500 in Sight?
• Bitcoin Price Prediction as SEC Unveils Agenda for Crypto Regulation — Is $200K Next?
• ONDO Price Prediction Amid Bitget Collaboration on Tokenized Stocks and ETFs: Is $2 Next?
• Dogecoin Price Forecast as REX Osprey ETF Sparks Hype — Is $5 Within Reach?

Best Crypto Presales To Invest In September 2025 – Top Upcoming Presale Tokens

Best Crypto AI Trading Bots In 2025

Top Meme Coins To Buy In September 2025

muthoni

Muthoni Mary is a seasoned crypto market analyst and writer with over three years of experience decoding blockchain trends, price movements, and market dynamics. She holds a Bachelor’s Degree in Commerce (Finance) from Kenyatta University, blending a solid academic foundation with a sharp eye for technical analysis and a deep understanding of on-chain data. Her work delivers clear, data-driven insights that empower investors to navigate the fast-evolving digital asset space with confidence. When she’s not analyzing the markets, Mary enjoys reading and travelling.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.