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Cryptocurrencies Price Prediction: Bitcoin, Hadera & XRP – American Wrap 08 April

Bitcoin, Ethereum and XRP price Q1 review: The good, the bad and the ugly

Bitcoin (BTC), Ethereum (ETH) and XRP suffered a correction alongside the rest of the cryptocurrencies in Q1 2025. The economic uncertainty and decline in institutional interest have rattled the crypto market. 

Bitcoin Pearson Correlation (30 days)

Hedera Price Analysis: HBAR defies $50B market dip as Nvidia confirms AI partnership

Hedera maintains strength above $0.15, signaling investor confidence as NVIDIA’s AI integration boosts long-term bullish sentiment and breakout potential.

Crypto market performance, April 8 | source: Coingecko

XRP drops 3% as Ripple announces $1.25 billion acquisition of prime brokerage firm Hidden Road

Ripple announced on Tuesday that it is acquiring prime brokerage firm Hidden Road to enhance its institutional offerings and increase the adoption of the RLUSD stablecoin and the XRP Ledger (XRPL). Despite the positives from the announcement, XRP continued to trade below $2, as the effects of the global trade war outweighed any optimistic sentiments.

 
 

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Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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XRP ticks up as risk-off mood, weak ETF demand cap recovery

Ripple (XRP) rebounds above $1.23 from support at $1.20 at the time of writing on Wednesday, as the broader cryptocurrency market pares losses triggered by escalating tensions in the Middle East.

Crypto Today: Bitcoin, Ethereum pare losses as XRP rebounds amid escalating tensions in the Middle East

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Billions in ETF outflows don’t bode well
Bitcoin (BTC) remains under pressure, trading below $74,000 on Friday, and is set to post its third consecutive week of losses. The institutional sell-off continues, with spot BTC Exchange-Traded funds (ETFs) recording billions in outflows. In addition, sticky inflation and macroeconomic headwinds suppress the Crypto King’s upside potential. Institutional demand continues to weaken so far this week.