
XRP is running a $2.4B debt trap that could wipe out spot buyers the second the Fed speaks
XRP’s $2.4 billion derivatives market is heading for a test of $1 as Bitcoin weakness raises the risk of a leveraged unwind.
Track crypto price watch updates, sharp market moves, key levels, and fast reactions to breaking developments across digital assets.

Cooling holder losses support a higher low, but weak spot demand leaves Bitcoin below its first major recovery test near $69,000.

Bitcoin’s move toward $69,000 would put XRP near $1.20, with renewed strength against BTC opening a path toward $1.26.

BTC must absorb selling from older and newer investors before challenging nearly $4.5 billion in call open interest between $70,000 and $80,000

At $64,000, Bitcoin must rise 12.7% to reach the first major buyer cost basis and 92.2% to return last year’s $120,000 July breakthrough.

BTC jumped after a softer CPI report, though escalating US-Iran hostilities could revive inflation and rate concerns.

Bitcoin rose above $64,000 during the week, while analysts said one week of ETF inflows was too little to establish a broader demand recovery.



