The crypto market experienced significant volatility over the last 6 hours, largely influenced by Trump's tariff announcements. Bitcoin (BTC) showed resilience with a +0.97% gain, and Binance Coin (BNB) also posted a +0.9% increase. However, XRP and Cardano (ADA) faced double-digit slides, despite some analysts predicting breakouts for ADA and long-term bullish potential for XRP. Ethereum (ETH) gained +1.58% but reportedly lost major support, while PEPE plunged 21% amid whale activity.
Key Developments
- Market volatility attributed to Trump's tariff announcements, with analysts seeing buying opportunities for BTC.
- Binance addresses market crash losses and faces rumors regarding CZ's potential presidential pardon.
- Ripple expands its European presence, focusing on the tokenization market, despite XRP's recent double-digit slide.
- Wintermute CEO refutes collapse rumors, aiming to ease market stability concerns.
- PEPE plunged 21% amid whale activity, while Avalanche (AVAX) reportedly experienced a 27% crash.
Next 6 Hour Outlook
The market is likely to remain sensitive to macroeconomic news and specific project developments, with some altcoins potentially consolidating or seeking new support levels, while others may attempt breakouts.
Top Tickers
XRP
BNB
BTC
ADA
ETH