The XRP to Bitcoin price has retreated, and its potential golden cross faces resistance, putting recent breakout signals at risk. Despite the price correction, analysts point out that based on historical trends, XRP's long-term target price could still reach $17, with the specific target depending on Bitcoin's performance. On the other hand, Ethereum co-founder Vitalik Buterin sold six lower-market cap tokens at a price of 9.4 ETH, similar to his previous sale of SHIB tokens. Meanwhile, U.S. Securities and Exchange Commission Chairman Gary Gensler commented on Venezuela holding $60 billion worth of Bitcoin, describing it as a geopolitical issue and emphasizing that Venezuela needs to establish clear domestic cryptocurrency regulations before Q1.
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The XRP to Bitcoin price has retreated, and its potential golden cross faces resistance, putting recent breakout signals at risk. Despite the price correction, analysts point out that based on historical trends, XRP's long-term target price could still reach $17, with the specific target depending on Bitcoin's performance. On the other hand, Ethereum co-founder Vitalik Buterin sold six lower-market cap tokens at a price of 9.4 ETH, similar to his previous sale of SHIB tokens. Meanwhile, U.S. Securities and Exchange Commission Chairman Gary Gensler commented on Venezuela holding $60 billion worth of Bitcoin, describing it as a geopolitical issue and emphasizing that Venezuela needs to establish clear domestic cryptocurrency regulations before Q1.