$XRP

🔹 Crypto Market Falls Led by XRP & ADA — Bitcoin Holds Steady Amid Global Tensions

On Wednesday, the crypto market experienced a sharp decline, particularly in altcoins.

XRP dropped by 3.4%, Cardano (ADA) fell by 4%, and Ethereum (ETH) decreased by 2.5% to around $2,500.

Other assets like BNB, Solana, and Hyperliquid also faced losses.

The decline is largely attributed to global geopolitical tensions, especially the ongoing conflict between Israel and Iran and rising oil prices.

A strong statement by Donald Trump targeting Iran’s Supreme Leader further added market pressure.

Despite the turmoil, Bitcoin remained stable, trading above $105,000, showing resilience amid market uncertainty.

On-chain data indicates that long-term BTC holders are not selling, suggesting a potential consolidation before a major move in Q3 2025.

In a positive development, the U.S. Senate passed the GENIUS Act, creating a regulatory framework for stablecoins.

The law allows banks to issue stablecoins backed by Treasury Bills and high-quality assets, promoting institutional adoption.

This move is expected to facilitate crypto payments in traditional sectors and is considered a major win for the crypto industry.

📌 Conclusion: While geopolitical and economic factors are causing short-term market pressure, Bitcoin’s stability and U.S. regulatory advancements hint at a potentially bullish setup for the next quarter.