Bitcoin, Ethereum & XRP Slide — But a Boost May Be Coming 📉➡️📈
Crypto prices are falling again as Bitcoin struggles to break above $70,000, trading near $68,000 today.
📉 Market Snapshot
• Bitcoin (BTC) down ~1%
• Ethereum (ETH) down ~1.6%
• XRP down ~0.3%
📊 Crypto Stocks Under Pressure
• Robinhood (HOOD) −8% after weak earnings
• Coinbase (COIN) −5.7%
• Strategy (MSTR) −5.2%
📅 Why This Week Matters
Markets are reacting to the January US jobs report, while investors now await Friday’s CPI inflation data. Economists expect inflation to cool, which could strengthen expectations for Fed rate cuts.
💡 Why This Is Bullish for Crypto
Lower inflation → lower interest rates → more liquidity & risk appetite 🚀
Historically, crypto prices move opposite to interest rates, meaning rate cuts often support Bitcoin and altcoins.
👀 Bottom Line
Short-term volatility remains, but cooling inflation and potential Fed cuts could provide a tailwind for crypto markets soon.
$BTC $ETH $XRP #ETH #XRP #FederalReserve #Inflation #InterestRates