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

FXStreet Team FXStreet

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.

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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Top Altcoins Price Forecast: XRP and ADA rebound as DOGE lags behind

The broader cryptocurrency market shows early signs of a bullish recovery, with Bitcoin rising above $65,000 amid improving retail sentiment. Top altcoins, including Ripple and Cardano, are gaining bullish momentum, while Dogecoin continues to consolidate, holding above a crucial support zone.

Ripple and Stellar outlook: Mixed signals keep traders at a crossroads

Ripple and Stellar trade within tight ranges as traders await the next directional move. XRP’s technical indicators suggest bearish momentum is fading, while XLM continues to consolidate near a critical support zone. Mixed derivatives metrics highlight growing market indecision, raising the likelihood of a volatile breakout in either direction in the coming days.

Shiba Inu Price Forecast: Extends gains as on-chain and derivatives metrics confirm bullish bias

Shiba Inu extends gains, trading above $0.0000042 after breaking above the descending trendline the previous day. Strengthening on-chain data and improving derivatives metrics support further gains for the meme coin. CryptoQuant’s exchange netflow chart below shows five consecutive days of net outflows since July 17.

Bitcoin climbs above $65K as ETF flows recover despite rising macro risks

Bitcoin (BTC) has climbed above $65,000 on Monday as improving onchain activity, recovering US spot Bitcoin exchange-traded fund (ETF) flows, and stabilizing derivatives point to a more balanced market, according to Glassnode.

Bitcoin’s potential recovery in the second half hinges on these 4 catalysts

Bitcoin (BTC) has fallen over 34% in the first half of this year as the King Crypto failed to capitalize on a good semester for risk assets despite the woes from the Iran war.