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Cryptocurrency Price Today: XRP Drops 2% Despite $16B Dubai Deal; BTC and BNB Show Strength

Bitcoin, XRP, BNB, and other top cryptocurrency price today remain in a consolidation phase as investors take a careful approach.
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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. 

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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.

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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: –

  1. PancakeSwap (CAKE) – $2.71 (+10.94)
  2. Quant (QNT) – $10.6.35 (10.07%)
  3. Gamestop (GME) – $0.0001072 (26%)

The Top Losers are: –

  1. Ava (AVA) – $0.04910 (17.73%)
  2. Lofi (LOFI) – $0.04622 (16.5%)
  3. 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.

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Frequently Asked Questions

Why is the cryptocurrency market down today?

The market is experiencing a downturn due to macroeconomic events impacting investors’ trading sentiments.

Why is the XRP price down despite Dubai’s real estate tokenization deal?

XRP price is declining due to high outflows and investors diverting focus to other top cryptos.

What are the top gainers of the day?

The top gainers of the day are Gamestop (GME), PancakeSwap (CAKE), AND Quant (QNT).
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Pooja Khardia

Pooja Khardia is a seasoned crypto content writer with 6+ years of experience in writing, including in blockchain, cryptocurrency, DeFi, and digital finance reporting. In her adventure journey, she is currently working with CoinGape Media and leading their Trending Section. Here, she uses her expertise to deliver analytics, market insights, price predictions, and information on what’s trending in the crypto space, aiming to keep the crypto and web3 community updated with market trends and important insights. Known for a user-centric and straightforward writing style, Pooja is passionate about making crypto easy and accessible. Her writing blends market research with storytelling, helping readers stay ahead in a fast-paced industry. When not behind the keyboard, Pooja embraces her creative side through drawing and crafting. Connect with Pooja on LinkedIn or X.

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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.
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