empty
29.01.2025 10:13 AM
XRP Could Be Added to the U.S. Cryptocurrency Reserve

Despite a major panic-driven sell-off in the Asian cryptocurrency market, traders quickly seized the opportunity and managed to recover most of the losses. Bitcoin has returned to the $103,000 range, where it spent a significant amount of time yesterday, while Ethereum continues to struggle to break above $3,161.One of the key developments in the crypto market is the recent statement from Ripple CEO Brad Garlinghouse. He revealed that he had discussions with Donald Trump regarding the possibility of XRP becoming a strategic reserve asset for the U.S.. However, Garlinghouse did not specify whether Trump made any commitments on this matter or if the meeting led to any tangible progress.

This image is no longer relevant

Garlinghouse emphasized that establishing a strategic reserve based on XRP could significantly enhance the economic resilience of the U.S.. He pointed out that such an initiative would allow the government to leverage blockchain technology for financial optimization and increased transaction transparency.

In the face of global economic uncertainty, Ripple sees digital assets as a foundation for the future financial system. While Trump's stance remains uncertain, the meeting sparked interest among crypto industry experts. Many believe that endorsement from high-profile figures could serve as a catalyst for broader governmental adoption of cryptocurrency technologies.

However, many questions remain about how this idea would be implemented and what steps the administration might take if it decides to pursue this initiative.

Not all leading experts support this idea. VanEck recently stated that Bitcoin (BTC) is the only cryptocurrency suitable for the U.S. reserve, arguing that it is fundamentally different from all other digital assets.

According to VanEck analysts, Bitcoin's uniqueness lies in its limited supply and decentralized nature, making it more resistant to inflation than other cryptocurrencies. Additionally, Bitcoin's immunity to manipulation has strengthened trust among institutional investors.

Moreover, Bitcoin enjoys unmatched liquidity, which secures its dominant position in the market. Meanwhile, many altcoins, including Ripple (XRP), could remain vulnerable in comparison to Bitcoin's superior position.

This image is no longer relevant

Bitcoin Technical Outlook

Buyers are currently targeting a return to the $103,000 level, which opens a direct path to $104,400, and from there, it is just a short step to $105,900. The ultimate target is the $107,400 level, a breakout above which would signal a return to a medium-term bullish market.

In the event of a Bitcoin correction, I expect buyers to emerge around $101,250. A drop below this level could quickly push BTC down to $99,500, bringing it closer to the $97,900 mark. The lowest target would be around $96,400.

This image is no longer relevant

Ethereum Technical Outlook

A clear consolidation above $3161 paves the way for a move to $3220, and from there, a push to $3264 is within reach. The ultimate target is the yearly high around $3314, a breakout above which would confirm a return to the medium-term bullish market.

In case of an Ethereum correction, I expect buyers to appear near $3106. A drop below this level could quickly send ETH towards $3056, with the final target at $2997.

Seleccione el marco de tiempo
5
min
15
min
30
min
1
hora
4
horas
1
día
1
s.
Gana con los cambios en el valor de las criptomonedas con InstaForex.
Descarga MetaTrader 4 y abre tu primera operación.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    UNIRSE AL CONCURSO

Recommended Stories

Recomendaciones para operar con el Bitcoin el 4 de julio según el sistema ICT.

El Bitcoin una vez más no logró superar el área de 110 000$ - 112 000$, pero parece que seguirá intentando una y otra vez superar dicha área

Paolo Greco 07:40 2025-07-04 UTC+2

Recomendaciones para operar con el Bitcoin el 3 de julio según el sistema ICT.

El Bitcoin una vez más no logró superar la zona de los 110 000$ - 112 000$, pero, al parecer, seguirá intentando una y otra vez superar dicha zona

Paolo Greco 07:32 2025-07-03 UTC+2

Recomendaciones para operar en el mercado de criptomonedas el 2 de julio

El Bitcoin continuó su corrección y durante las operaciones asiáticas de hoy actualizó el nivel de $105 000. El Ether también cayó significativamente, pero luego fue rápidamente recomprado, estabilizándose

Miroslaw Bawulski 07:55 2025-07-02 UTC+2

Recomendaciones para operar con el Bitcoin el 2 de julio según el sistema ICT

El Bitcoin una vez más no logró superar la zona de 110 000$ - 112 000$, pero esta vez ni siquiera intentó hacerlo. El OB "bajista" en el marco temporal

Paolo Greco 07:39 2025-07-02 UTC+2

Recomendaciones para operar con el Bitcoin el 1 de julio según el sistema ICT.

En el Bitcoin continúa otra pausa. Ya casi una semana que el precio se mantiene en el mismo lugar, en las cercanías inmediatas del máximo histórico (ATH). Ayer

Paolo Greco 07:05 2025-07-01 UTC+2

Recomendaciones para operar con el Bitcoin el 30 de junio según el sistema ICT.

El Bitcoin ha entrado en una nueva pausa. Durante varios días consecutivos, el precio se mantuvo en el mismo lugar, pero en la noche del lunes, el Bitcoin volvió

Paolo Greco 07:49 2025-06-30 UTC+2

Recomendaciones para operar con el Bitcoin el 27 de junio según el sistema ICT.

El Bitcoin aún no logró superar el área de 110 000 $ - 112 000 $, pero nuevamente se mueve con confianza hacia su prueba. Como vemos, el Bitcoin

Paolo Greco 07:31 2025-06-27 UTC+2

Recomendaciones para operar con el Bitcoin para el 26 de junio según el sistema ICT.

El Bitcoin aún no ha podido superar la zona de los 110 000$ - 112 000$, pero nuevamente se mueve con confianza hacia su prueba. Como podemos ver, el bitcoin

Paolo Greco 08:30 2025-06-26 UTC+2

Análisis del par BTC/USD. El 25 de junio. El Bitcoin ha recobrado fuerzas

La estructura de ondas en el gráfico de 4 horas para el instrumento BTC/USD sigue siendo en general comprensible. Hemos visto una estructura descendente correctiva que concluyó su formación cerca

Chin Zhao 07:52 2025-06-25 UTC+2

Recomendaciones para operar con el Bitcoin el 25 de junio según el sistema ICT.

El Bitcoin aún no ha podido superar la zona de los 110 000$ - 112 000$, pero al parecer tendrá otra oportunidad. ¿Qué ocurrió durante la última semana? Donald Trump

Paolo Greco 07:52 2025-06-25 UTC+2
¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.