Bitcoin (BTC) $101,782.3 price It did what was feared again and experienced a sharp decline after a heavy rise. January remains depressing for cryptocurrency investors. Investor psychology, which has been worn out since 2021, is burning with the excitement of a real rise period. So what is the latest situation for PEPE and XRP Coin?
How Many Dollars Is XRP Coin?
One of the largest cryptocurrencies by market value Ripple 
$2.4 It was in the middle of an extremely good process for the rise. The RLUSD launch was successful and trading volume increased significantly. Moreover, today’s decline was probably due to Chainlink 
$23.5 We would see that the news of the partnership with has supported the price even more.
With January 15th just around the corner, it is unclear whether the SEC will file the necessary paperwork to pursue the Ripple case before the change of administration. In the coming days, Gensler will probably want to continue the process and we may see that this brings another round of decline.
However, as of January 20, things will change. Of course Trump cryptocurrencies If he doesn’t forget the promises he made about it. The new SEC Chairman needs to make one sentence before the end of the month: “we are ending cryptocurrency cases other than fraud” and then the fireworks can be set off.
The key level is currently $2.35, and the price needs to turn $2.38 back into support with closes above it. It may then return to the bullish range between $2.5 and $2.93. For now, BTC does not seem to support the optimistic scenario.
PEPE Coin Review
One day ETH price As we race to the new ATH level, we will also see PEPE, one of the biggest meme coins on the network, reach historical highs. The only problem is that today is not that day. PEPE Coin price It is down roughly 15% from its peak 3 days ago.
If the decline continues, it seems likely that $0.00001741 will be tested. Below this, $0.00001222 can be tested. Considering that the Fed minutes coming in about 24 hours will feed the negativity, if nothing big happens in the coming hours, the weakness is likely to continue.
BTC Although there was a slight rebound to $97,400, its daily high was $102,724. It’s a bad day for altcoins.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
