The crypto market added another leg higher today, rising 1.55% to a total market cap of $4.1 trillion, extending its 7-day gains to 4.09%. Trading volumes stood at $211.5 billion in the last 24 hours. Sentiment remains balanced with the Fear & Greed Index at the neutral zone, though the average crypto RSI at 56.22 hints at an overbought tilt.
This rally closely tracks Nasdaq’s surge, with a 24-hour correlation of +0.86, as investors rotate into risk assets following the Federal Reserve’s first rate cut of 2025. The Fed lowered its benchmark interest rate by 25 basis points to a 4%–4.25% range and signaled a further 50 bps reduction later this year.
Successively, ETF inflows have surged, with $642 million pouring into Bitcoin and Ethereum ETFs this week, the highest since July. Meanwhile, altcoin dominance touched 29.48%, marking its strongest level since December 2024, fueling talk of an extended altseason. Against this backdrop, Bitcoin, Ethereum, and XRP prices.
Bitcoin Price Prediction
Bitcoin is changing hands at $117,336, up 0.6% on the day and nearly 3% in the past week. The chart shows BTC consolidating just below its 24-hour high of $117,906. A notable pattern is the higher-lows structure formed since the monthly ATH at $124,457. This suggests buyers are defending dips.
That being said, Institutional demand remains the key driver. Nearly 1M BTC absorbed by corporate treasuries and ETFs has tightened supply, while technical indicators such as bullish MACD momentum point toward continuation.
Price targets: If momentum holds, BTC price could retest $118,500 in the short term, while support rests near $115,000. A decisive break above $119,000 may set up a push back toward $120,000–$121,000.
Ethereum Price Prediction
Ethereum is outperforming Bitcoin, up 2.06% in the last 24 hours at $4,577. Volume at $47.6 billion suggests strong participation, with ETH price holding well above its recent low of $4,429. On the chart, ETH has broken through critical Fibonacci resistance at $4,614, reinforcing bullish continuation.
Institutional accumulation is playing a decisive role, with public firms adding $25 billion to crypto treasuries in Q3, more than half of it in ETH. Technicals are aligning with this trend: RSI is pushing higher without being excessively overbought, while MACD remains strongly bullish. Regulatory clarity around ETH-based ETPs has also strengthened conviction among investors.
Price targets: ETH could extend gains toward $4,650–$4,700, while strong support lies around $4,450. If momentum accelerates, a retest of the $4,800 zone is possible.
XRP Price Prediction
XRP is trading at $3.10, gaining 3.23% in the last 24 hours and outpacing both Bitcoin and Ethereum. With volume soaring 62.8% to $7.39 billion, momentum is clearly building. On the chart, XRP has broken above near-term resistance at $3.05, a level it previously struggled with.
Much of the excitement comes from the imminent launch of the REX-Osprey XRP ETF, which is expected to begin trading this week. Technical indicators confirm the bullish setup, with RSI and MACD both signaling strength. However, open interest in XRP derivatives has hit a record $220 billion, which could amplify volatility if funding rates spike.
Price targets: XRP could attempt to test $3.20–$3.25 in the near term, while $3.00 now acts as a crucial support. A breakout beyond $3.30 could open the door to $3.50 in the coming sessions.
FAQs
Lower interest rates make risk assets more attractive. With yields falling, investors rotated into Bitcoin, Ethereum, and altcoins, driving prices higher.
Yes, ETH has shown stronger relative performance due to institutional accumulation, bullish technicals, and regulatory clarity around ETH-based financial products.
XRP has strong short-term momentum, but high derivatives exposure means volatility could remain elevated after the ETF debut.
