⚡️ BTC holders are in the black. According to IntoTheBlock, | TopCryptoNews on Binance Square

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⚡️ BTC holders are in the black.
According to IntoTheBlock, 95% of Bitcoin holders are currently in the black 💵

This is not a positive sign for the price, as traders may be tempted to sell and lock in profits.

#BTC #Bitcoin 

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⚡️ Crypto market wipes $80 billion in 24-hour crash On Sunday and Monday, the cryptocurrency market experienced a veritable upsurge as Bitcoin (BTC) rallied above $90,000, and the total digital assets market capitalization soared back above $3.1 trillion. The upswing – triggered by President Donald Trump’s latest strategic crypto reserve announcement – proved ephemeral and was cut short by none other than Trump himself. Specifically, the commander-in-chief announced that the 25% tariffs on Mexico and Canada would go into effect while adding another 10% to the dues already imposed on China. The announcement sparked immediate retaliation from affected countries, while America’s southern neighbour announced that a delayed response does not mean one will not come. 🔸 Crypto market collapses $400 billion from March highs Both the cryptocurrency and stock markets reacted violently to the developments, with digital assets wiping over $80 billion from their market capitalization within just 24 hours and crashing $400 billion from their Monday morning highs, per the data Finbold retrieved from TradingView. Individual coins and tokens also saw their values collapse rapidly. Bitcoin lost $9,205 within 24 hours and is now changing hands at $81,713. Ethereum (ETH) is simultaneously down 11.19% to $2,045, and XRP fell 11.67% to $2.33.On Sunday and Monday, the cryptocurrency market experienced a veritable upsurge as Bitcoin (BTC) rallied above $90,000, and the total digital assets market capitalization soared back above $3.1 trillion. The upswing – triggered by President Donald Trump’s latest strategic crypto reserve announcement – proved ephemeral and was cut short by none other than Trump himself. Specifically, the commander-in-chief announced that the 25% tariffs on Mexico and Canada would go into effect while adding another 10% to the dues already imposed on China. #BTC #Crypto #Bitcoin

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📉 Dogecoin Breaks Below $0.20: Will Bears Target $0.13 Next? Dogecoin (#DOGE ) price decline signals a potential falling wedge breakdown, with a sharp correction potentially pushing the price to $0.13 As the crypto market slides back to pre-crypto reserve announcement levels, Dogecoin witnessed a pullback of 16%. As the declining trend continues, Dogecoin has breached the $0.20 psychological mark with an intraday pullback of 2.80%. Currently, the biggest meme coin, with a market cap of $28.64 billion, is trading at $0.1931. Will this declining trend lead to a retest of the $0.13 support level? Let’s explore. 🔸 #Dogecoin Price Crashes Under $0.20 On the daily chart, DOGE’s price trend shows a significant surge of 15.80% on Sunday after the U.S. crypto reserve announcement. However, the onset of tariff wars between the U.S. and other nations triggered a broad crypto market crash. Dogecoin plunged by 16.78%, erasing the weekend recovery, and is now trading below the 50% Fibonacci level at $0.20. With a 24-hour low of $0.1854, Dogecoin is testing the local support trendline of a falling wedge pattern. As the decline continues, the 50 and 200 EMA lines are converging, signaling the potential for a death cross event. Furthermore, the daily RSI is returning to the oversold territory, reflecting weakening buying pressure. These technical indicators point to a potential falling wedge breakdown rally. 🔸 Growing Bearish Positions in Futures The futures market is witnessing a significant shift, with the long-to-short ratio now at 0.9361, indicating more short positions. Meanwhile, the funding rate is at -0.0013%, showing that sellers are paying a premium to the bulls. Currently, the open interest in Dogecoin has dropped by 15.28% to $1.64 billion. In the past 24 hours, $16.83 million worth of Dogecoin positions have been liquidated, with long liquidations accounting for $14.33 million.

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📣 Ripple Lawsuit News: Pro-XRP Lawyer John Deaton Says ‘Trump Has To Drop’ The Case On March 3, 2025, President Donald Trump announced the creation of a U.S. strategic cryptocurrency reserve. This reserve will include major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). Following the announcement, XRP’s value surged from $2.23 to $2.99. But can the ongoing legal battle with the U.S. Securities and Exchange Commission (SEC) could affect everything. Fox Business’ Charles Gasparino pointed out that the case between Ripple and the SEC has big consequences for the future of XRP and the U.S. economy. He believes that if former President Donald Trump doesn’t act soon and the SEC continues its case against Ripple, it could hurt American investments in cryptocurrencies. However, Crypto Law founder and attorney John Deaton pointed out something interesting: the Ripple lawsuit was filed just before the end of Trump’s first term, under the leadership of SEC Chairman Jay Clayton. Now, four years later, XRP has a chance to be a part of a major global cryptocurrency reserve. Deaton argues that if Trump does not intervene and the case continues, the U.S. could lose out on big opportunities in the growing crypto market. “He has to drop it,” Deaton said. 🔸 What’s Next for $XRP ? The future of XRP and Ripple largely depends on how the case with the SEC plays out. If Ripple can resolve the issue, XRP could become a major part of the digital currency world. As Deaton said, this is a critical moment for the entire crypto industry, not just Ripple. How the SEC case is handled will impact not only XRP but also the future of cryptocurrency in the U.S. and beyond. In conclusion, while the road ahead for Ripple and XRP is still uncertain, one thing is clear: the decisions made in this case could shape the future of cryptocurrency, with XRP playing a key role in the new world of digital finance. #XRP #Ripple

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🔹 $ETH Tests $2K, Lowest Since November 2023 Etherium (ETH) is testing levels not seen since November 2023, as the market continues to be hit by volatility resulting from U.S. President Donald Trump's trade war threat. ETH is down 15% in the last 24 hours, dragging down the CoinDesk 20, a measure of the largest digital assets, which is down 16%. Ether's decline over the past three months has been driven by bearish investor sentiment, reflected in its underperformance relative to BTC and weak institutional demand, alongside macro headwinds like trade war fears, inflation concerns, and stock market weakness, which have dampened risk appetite. CoinGlass data shows that nearly $165 million in ETH long positions have been liquidated in the last 12 hours. Bettors on Polymarket are giving a 76% chance of ether hitting $1900 by the end of the month. Ether ETF outflow was deep in the red last week, according to data from SoSoValue, coming it at -$335 million. #ETF #ETH #Ethereum

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💥 $XRP Price Can Fall Further To $1.5 If This Level Fails To Hold Despite recovering from bearish lows following its recent uptick, a crypto analyst has predicted that the XRP price could undergo a further decline in its price to $1.5. The analyst has pinpointed a critical resistance level that XRP will need to hold lest it crashes to new lows and eradicates recent gains. 🔸 Analyst Predicts XRP Price Crash To $1.5 MadWhale predicts that the XRP price could crash below $1.9 to $1.5. The analyst revealed that XRP is currently in a downtrend and has been making lower highs and lower lows, indicating a bearish structure. According to his price chart, the cryptocurrency is also trading within a descending channel and fast approaching a key resistance level. This critical resistance point at the $2 mark has been tagged as a psychological level where sellers are likely to emerge and trigger further downward pressure on the cryptocurrency. If a rejection occurs at this $2.00 resistance level, MadWhale highlights that the next support area and downside target will be around $1.90, representing a 17.62% value drop. Despite recovering from bearish lows following its recent uptick, a crypto analyst has predicted that the XRP price could undergo a further decline in its price to $1.5. The analyst has pinpointed a critical resistance level that XRP will need to hold lest it crashes to new lows and eradicates recent gains. 🔸 Analyst Predicts #XRP Price Crash To $1.5 TradingView crypto analyst MadWhale has shared a new price analysis focusing on XRP’s future price potential. The analyst emphasized his strong track record of cryptocurrency trends, underscoring that he has accurately identified and hit all the gain targets. MadWhale predicts that the XRP price could crash below $1.9 to $1.5. The analyst revealed that XRP is currently in a downtrend and has been making lower highs and lower lows, indicating a bearish structure. #Ripple

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