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Crypto

Bitcoin bottom call resurfaces as U.S. fiscal metrics, ETF fund flows draw attention

Crypto infrastructure firm Galaxy Digital assessed the current market as a good time to buy and hold bitcoin. Research head Alex Thorn said bitcoin has already passed its bottom and selling pressure has eased. He cited technical indicators, on-chain and supply-demand changes, post-halving patterns and shifts in investor positioning. Thorn also pointed to U.S. debt and deficits as supportive factors. He outlined risks tied to key moving averages, spot ETF holdings, quantum computing and artificial intelligence.

Crypto

XRP may fall below $1 again as past 30 percent drop signal reappears

XRP is flashing a renewed technical bearish signal that could push it back below $1, a warning said. ChartNerd said a daily-chart dead cross formed on Oct. 19 when the 20-day exponential moving average fell below the 50-day line, resembling a period that preceded a roughly 30 percent drop. XRP trades around $1.30, down 15 percent in a month. Ali Martinez cited a buy signal on a three-day chart, with $1.25 as a key level.

Crypto

XRP faces test ahead of Bank of Japan meeting, can it hold $1.26?

Volatility concerns are rising across the crypto market, including XRP, ahead of the Bank of Japan\'s October policy meeting. Markets largely expect the BOJ to keep rates at 1.25 percent, but a hawkish message or inflation outlook changes could boost expectations for another hike and weigh on risk assets. XRP has fallen about 14.5 percent in October to around $1.27. Technical indicators point to downside risks, with $1.26 seen as key support.