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#CryptoFreedom
XRP Slides 2.78% Amid US Seizure Rumors, On-Chain Activity Remains Strong Despite Volatility
XRPUSDT experienced a 2.78% price decline over the last 24 hours, with the current price at 1.9932 (down from a 24h open of 2.0503 on Binance). The primary driver of this price drop was market reaction to widespread rumors regarding potential US government seizure of Ripple’s escrowed XRP holdings, which led to heightened volatility and a brief price dip below $2. Legal experts have since refuted these rumors, but the initial speculation contributed to increased selling pressure and profit-taking by investors following a recent multi-month rally. Despite the decline in open interest (down 2.65% over five days) and net outflows of $90.18 million, XRP continues to see strong on-chain activity, with daily new addresses at 3,500 and daily active addresses at 34,360. Trading volume remains elevated, reflecting sustained market interest and volatility, while the circulating supply is approximately 58.94 billion XRP and market capitalization is near $115.86 billion. No new protocol updates, partnerships, or major upcoming events were reported in the past week.
GNS Token Surges 36.9% on Binance as Bitcoin Treasury Expansion Fuels Record Trading Volumes
GNS/USDT experienced a significant price increase of 36.9% over the past 24 hours on Binance, rising from a 24-hour open of 1.317 to a current price of 1.803, with over 2.5 million GNS and 3.6 million USDT traded. The sharp price movement can be attributed to heightened market interest following recent news about Genius Group Limited's (GNS) aggressive Bitcoin treasury expansion, including a 52% increase in Bitcoin holdings and renewed public commitment to a 1,000 BTC target after a favorable court ruling. These developments have positioned the company as a notable participant in the corporate Bitcoin space, drawing comparisons to established players and driving increased trading activity and volatility. The current market environment reflects robust trading volumes and elevated volatility, with GNS attracting attention due to its strategic moves in the cryptocurrency sector.
ETH Drops 3.71% as $160M Liquidated in One Hour Amid ETF Outflows and Market Volatility
Ethereum (ETH) experienced a 3.71% price decline over the past 24 hours, with the current price at $2,214.18 (down from a 24h open of $2,299.58 on Binance). This drop is primarily attributed to significant market volatility and liquidations, as over $160 million in leveraged positions were liquidated within one hour on June 21, 2025, with a majority occurring on major exchanges. Additional downward pressure came from outflows in U.S. spot Ethereum ETFs and a broader crypto market sell-off, which pushed ETH below key support levels and triggered further technical weakness. Despite the short-term bearish momentum, ETH maintains strong liquidity with a 24-hour trading volume between $29.67 billion and $32.1 billion, a market cap near $274 billion, and continued institutional accumulation and ETF inflows, indicating sustained market interest amid heightened volatility.