Cryptocurrency Price Today: XRP Drops 2% Despite $16B Dubai Deal; BTC and BNB Show Strength
Highlights
- In cryptocurrency price today, Bitcoin holds steady above $108k, Solana and XRP drop.
- The crypto market remains volatile after Trump’s tariff implications on the EU.
- CAKE, QNT, and GME emerge as top performers, whereas AVA, LOFI, and PI are losers.
The cryptocurrency price has been fluctuating up and down today on most tokens as they enter a consolidation phase. The investors’ careful approach to the trades, in unsettling macroeconomic conditions, brings crypto market crash-like conditions. In this, the XRP price crash is the prime example.
Cryptocurrency Price Today: BTC Maintains Support While Rest Crash
The aftermath of Trump’s tariff on the EU has resulted in crash-like conditions in the crypto market. Moreover, the Fed’s delayed rate cuts are impacting the cryptocurrency price for weeks, including today. Here’s the top assets performance:-
Bitcoin Price Maintains $108k Support
After achieving a new milestone of $111.9k, Bitcoin maintains its $108.0k support, currently trading at $109.2k. However, despite the high BTC ETF inflows, institutional buying, and the ongoing Bitcoin 2025 conference, the token fails to surpass the $110k mark.
Experts believe that the overbought RSI level and drop in whale transactions are favoring the ongoing consolidation. However, once inflows resume, the Bitcoin price could surpass $110k.
Ethereum and BNB Price Consolidation Continues
Similar to most cryptocurrency price today, Ethereum and BNB are at a similar consolidation level, with bare breakouts. Despite being among the altcoins, the tokens fail amid trend exhaustion, and investors focus on upcoming ETF-related tokens.
At present, Ethereum trades at $2,587, with the possibility of a potential crash to $2,000. Meanwhile, the BNB price is $680.7 between critical support and resistance, and a move up could introduce long-term gains.
Solana and XRP Price Crash 2% Despite Dubai’s $16B Deal
Solana is losing momentum in the market ever since the SEC delayed the Solana ETF, as it trades at $174.84 after a nearly 2% drop. However, experts like Muthoni see a SOL’s potential breakout to $184 as it surpasses Ethereum in on-chain activity and bullish technical indicators. A crash may form if it fails to hold the $170 support.
XRP’s performance is most disappointing in today’s crypto prices, as the token declines 2% despite Dubai’s $16B deal. The Dubai Land Department has launched a tokenized real estate platform built on XRP Ledger. This would mark a significant space for the country in the global tokenization trend.
At present, the Ripple token trades at $2.30, bearing a significant downtrend and XRP inflow crash due to investors’ diverted attention.
Meme Cryptocurrency Price Today
Meme coin trends are in complete turmoil as the highly volatile crypto market pushes investors towards more utility-based tokens. Although a few meme cryptos are making a recovery today with their price gains, many remain under the impact.
Dogecoin (DOGE) currently trades at $2.30 after a 1.5% crash today. Shiba Inu and Pepe are on a similar trajectory, with their prices at $0.00001444 and $0.00001393. Even US President Donald Trump’s cryptocurrency price fell today, losing 1.2% of its value in a day, currently trading at $12.76.
Interestingly, Gamestop (GME), HIPPO, and a few other trending meme coins are up due to their personal developments and investors’ demand.
Cryptocurrency Price News: Top Gainer & Loser For Today
Despite the crypto market crash-like conditions, a few cryptos maintain significant gains. The performers of the crypto market today, per CoinMarketCap, are: –
- PancakeSwap (CAKE) – $2.71 (+10.94)
- Quant (QNT) – $10.6.35 (10.07%)
- Gamestop (GME) – $0.0001072 (26%)
The Top Losers are: –
- Ava (AVA) – $0.04910 (17.73%)
- Lofi (LOFI) – $0.04622 (16.5%)
- Pi (PI) – $0.7360 (5.7%)
The cryptocurrency price today remains highly volatile with significant ups and downs. Investors now await an altcoin season, but the macroeconomic events are continuously affecting the market’s performance.
Frequently Asked Questions (FAQs)
1. Why is the cryptocurrency market down today?
2. Why is the XRP price down despite Dubai’s real estate tokenization deal?
3. What are the top gainers of the day?
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