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Crypto

XRP bull bets hit as price slides and long positions are wiped out

XRP saw large liquidations led by long positions as the broader market fell. Over the past 24 hours, XRP liquidations totaled $12.5 million, with $11.96 million from longs and $540,210 from shorts, widening the imbalance to 2,213 percent. XRP fell 3.48 percent to $1.44. The market is watching macro events including the release of FOMC minutes and potential XRPL amendment activations this week.

Crypto

XRP, Quant and Injective eyed as 3 altcoins seeking breakout this week

As the cryptocurrency market extends its recovery, XRP, Quant (QNT) and Injective (INJ) are being cited as altcoins with potential breakouts this week. Analyst Ali Martinez said each is forming a different bullish chart pattern. XRP has moved above a descending triangle trendline, with 1.50 as a key level. Quant, after a September surge, faces 262 as a near-term pivot. Injective is retesting its cup-and-handle neckline around 7.33.

Crypto

Bitcoin, XRP, Near entry still not too late, Wintermute says bull market just beginning

Wintermute said it is not too late to enter bitcoin and major altcoins even as pressure builds in the U.S. Treasury market. It said the global digital asset bull market is still in an early phase, but warned that chasing low-quality altcoins could be risky as the recent three-month altcoin rally matures. Bitcoin rose 2.4 percent on the week to $86,100, with $90,000 to $95,000 seen as the next target zone.