XRP IS CRASHING HARD! TOTAL MARKET MELTDOWN!

Market Update

• XRP is down to $2.32, a significant drop from its recent high of $3.40.
• The NASDAQ is down 2.5%, and the Russell is down over 3%.
• Bitcoin is down to $96,000, but its dominance is near all-time highs at 61.1%.

Analysis

• The market is experiencing a dip due to uncertainty and macroeconomic factors, including tariffs.
• Crypto is falling, with many altcoins down 10-20%.
• It's essential to consider where we are in the cycle and make decisions based on that.

Advice

• If you think this is the end of the cycle, it may be wise to sell.
• If you believe this is just another dip, it may be a good time to dollar-cost average, hold, or open low-leverage long positions.
• Consider the long-term potential of crypto and don't overexpose yourself to high-risk assets.

Outlook

• Bitcoin dominance is increasing, and Caspa is moving.
• XRP and other altcoins are bleeding, but it's not uncommon to see significant drawdowns during bull markets.
• The upcoming economic data and jobs reports may impact the market.
• Some believe that tariffs could be good for Bitcoin, as they may lead to inflation or economic slowdown, causing people to seek hard assets like Bitcoin.