Bitcoin, Ethereum And XRP Are In Decline: What Do On-chain Data Say?
Portfolio Pulse from
The cryptocurrency market is experiencing a significant downturn, with Bitcoin dropping below $84,000, Ethereum around $1,880, and XRP falling 5%. On-chain data reveals declining purchase volumes, dwindling ETF inflows, and institutional investor hesitation. Market uncertainty is driven by potential U.S. tariffs, economic slowdown fears, and reduced appetite for risky assets.
March 29, 2025 | 3:15 pm
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XRP is facing a 5% collapse, with 'whales' increasing selling pressure, leading to decreased liquidity and heightened market volatility.
The article specifically highlights XRP's decline, noting increased selling by large investors and reduced market confidence, which suggests a negative short-term outlook.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90