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Showing posts with the label price drop

XRP wipes out $16 billion in a week

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XRP has erased $16.47 billion in market value over the past seven days, as its capitalization fell from $185.15 billion on October 3 to $168.68 billion by October 10, according to data retrieved by Finbold from CoinMarketCap .  XRP 7-day market cap. Source: CoinMarketCap The drop reflects a 7% weekly decline that has dragged XRP price to $2.81, even as the broader crypto market has held relatively steady. XRP 7-day price chart. Source: Finbold The losses were concentrated after October 3, when the token briefly surged with a daily volume peak of $7.46 billion, before selling pressure mounted. Over the past 24 hours, trading volume has cooled to $4.92 billion, a 34% drop from last week’s high, as momentum shifted from aggressive speculation to cautious positioning.  XRP’s volume-to-market cap ratio sits at 2.93%, a level consistent with thinning liquidity compared to earlier in the quarter. XRP price dynamics Despite the pullback, XRP retains a signi...

BNB Price Falls 2% As Softbank’s PayPay Backs Binance Japan, CZ Hypes BNB Meme Season

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The BNB price dropped 2% in the past 24 hours to trade at $1,292 as of 4:36 a.m. on trading volume that plunged 40% to $6.2 billion. This comes even as Binance Japan formed a capital and business alliance with PayPay, a Softbank group company. Softbank & PayPay invests 40% in Binance Japanhttps://t.co/To6pnzeTfm — CZ 🔶 BNB (@cz_binance) October 9, 2025 PayPay and Binance aim to deliver a seamless financial experience for users in Japan by connecting cashless payments and digital assets. “This strategic alliance represents a significant step toward the future of digital finance in Japan,” said Takeshi Chino, general manager for Binance Japan. In other developments, Binance co-founder Changpeng Zhao, aka CZ,  declared the start of a meme coin season on BNB Chain, with top tokens like Giggle and 4 soaring to new all-time highs (ATHs) yesterday. #BNB meme szn! 😆 I didn't expect this at all. And people keep asking me to predict the future...

Bitcoin Cash (BCH) Plunges 6.7% As Social Media Shows Overhype

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Chainlink Ready For Massive Breakout? A 15% Drop May Come First

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

China Sparks Panic Sell: $542K Ethereum Hits the Market

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Ethereum prices fell sharply as China’s government started a big sell-off. This move put $542,000 worth of Ethereum on exchanges, worrying investors and traders. Also Read: BlackRock Sees Potential For Crypto In Investment Portfolios Understanding the Ethereum Price Drop Amid Chinese Government Sell-Off Source: Crypto News The Sell-Off Unfolds Given the recent effort to re-obfuscate the ETH it is unlikely that the active distribution of the 15.7k ETH moved yesterday is the last of the 540k ETH supply distribution. — ∴FreeSamourai∴ (@ErgoBTC) October 9, 2024 On October 10, 2024, Ethereum’s price dropped 2% in value and sat at $2,394 in London. This happened because China’s government sold some Ethereum taken from the Plustoken scam. They moved 15.7k Ether to a new wallet and put 7k Ether on exchanges to sell. Market Impact and Investor Reactions $ETH hopium fractal… 2020 vs 2024 Let me be clear, you don't have a choice but to root for this fractal. Hopefully...