#ShareYourThoughtOnBTC I think that the dominance of BTC is decreasing, plus some strong altcoins are showing growth. And now a rhetorical question: Isn't this the beginning of the alt season?
$XRP A brief look at XRP amid the market crash. The XRP cryptocurrency, created by Ripple Labs, is used by some banks and financial institutions to improve international payments. It provides fast, secure and almost free transactions, which makes it attractive to financial institutions.
For example, in 2014, Cross River Bank (New Jersey) and CBW Bank (Kansas) announced the use of the Ripple protocol for their operations. In the same year, Ripple Labs began cooperation with the global payment service Earthport, which integrated Ripple software with its system. Earthport's clients include such large banks as Bank of America and HSBC.
In addition, the Japanese financial group SBI Holdings is one of the largest investors in the XRP cryptocurrency and blockchain technology. They are actively implementing these technologies in their financial services.
Overall, XRP is used to provide fast and efficient international payments, reduce costs, and increase transparency in financial transactions.
Will it survive the market volatility? It’s hard to say. But it has shown very good resilience against other altcoins this year.
1. Raising interest rates by the US Federal Reserve: Increasing rates leads to a decrease in liquidity in the markets, which negatively affects risky assets, including cryptocurrencies. 2. Increasing regulatory pressure: Recent statements by regulators regarding increased control over cryptocurrency transactions and taxation may reduce investor interest in digital assets. 3. General uncertainty in financial markets: Geopolitical events and economic forecasts may contribute to the outflow of capital from risky assets, such as cryptocurrencies.
The cryptocurrency market is currently experiencing a significant decline, driven by several key factors:
1. Falling tech stocks: There has been a recent decline in tech stocks, which has negatively impacted the cryptocurrency market. This is due to investor concerns about competition from Chinese AI startups such as DeepSeek, which could threaten Western dominance in the industry. 2. Rising US bond yields: Rising US Treasury yields make them more attractive to investors, leading to a flight of funds from risky assets, including cryptocurrencies. This is contributing to a decline in the prices of Bitcoin and other digital assets. 3. Expectations regarding the Fed’s monetary policy: Investors expect the US Federal Reserve to continue to keep interest rates high for an extended period of time, which negatively impacts risky assets such as cryptocurrencies. These factors together create unfavorable conditions for the cryptocurrency market, causing the current price drop.
What I learned on the crypto exchange. Lesson 10. Investing without understanding the market leads to losses. Before buying cryptocurrency, you need to understand the technologies, market mechanics and risks. It is also worth understanding the basics of blockchain, tokenomics and security. Binance Academy gives good initial knowledge, and for free, and sometimes you can earn money on it. But most of the information should be obtained from news (verified sources).
#Ethereum As of January 30, 2025, the cryptocurrency market is experiencing significant volatility. Recent stock market fluctuations, including the Nasdaq index plunge, have impacted the cryptocurrency market, causing prices of assets such as Bitcoin and Ethereum to decline.
Despite this, some analysts remain optimistic about the future of cryptocurrencies. For example, Martin Leinweber of MarketVector Indexes predicts that Bitcoin could reach $150,000 in 2025, based on historical trends and expected events such as halvings and political changes.
However, it is worth remembering that the cryptocurrency market remains unpredictable, and short-term forecasts are difficult. Investors are advised to closely monitor market trends and be prepared for possible fluctuations.
What could happen tomorrow and how will the crypto market react?
$BTC If the US Federal Reserve leaves interest rates unchanged tomorrow, this could have the following consequences for the crypto market:
1. Maintaining the current trend If the market has already priced in the absence of rate changes, there may not be a significant impact. Bitcoin and other cryptocurrencies will continue to follow their technical patterns and macroeconomic trends.
What I learned on the crypto exchange. Lesson 9. If someone tells you that if you enter the crypto market with $ 100, you can become a millionaire. Do not believe it, you will not. You will have more chances if you enter the crypto market with $ 100,000, then you really have a chance to become a millionaire, but you will still have a very big chance to lose everything. So before investing money, study the market, and then invest.
What I learned on the crypto exchange. Lesson 8. The most speculative assets on the crypto exchange are meme coins such as #shibainu #bonk. All publications shout that buy these assets and you will become millionaires. Do not believe it, you will not. Their number is too abundant, and in order for you to become rich, the capitalization of these meme cryptocurrencies must exceed the capitalization of gold by dozens of times, which is almost impossible without reducing their number and also accepting the crypto community, and for this these tokens must have some utility, which they do not have. So you can earn on them, but not as much as you want, and you can also lose a lot, since their price decreases faster than it rises, here the main thing is not to lose the moment.
Today, as an example, very wealthy people began to exit high-risk assets (mostly from #bitcoin ), dragging other altcoins with them, which simply collapsed for a while, and the crypto that many believe in, #XRP and #Ehereum , also fell, and with them other assets. But only Bitcoin began to show signs again and everything crawled up, but not as fast as it fell. But in my opinion, Bitcoin should have a limit beyond which it can no longer rise, and then some new crypto should appear that will give new life to the market, but when will this happen and which crypto will be the second? That's the question, just don't tell me that the next #bitcoin will be #ehereum . I don't believe it, because it's kind of expected, and the crypto market has become unpredictable lately. And what do you think will change in the crypto market in the future?
What I learned on the crypto exchange. Lesson 7. News has a very big impact on cryptocurrencies, not fake news but real news. They either push #bitcoin and #Ethereum up, or cause them to fall down, and those in turn drag other altcoins with them. Why is that, because when there is bad news, most large investors exit high-risk assets and thereby drag the market down, or vice versa, when there is positive news, they drag the market up.
The experience I gained on the crypto exchange. Lesson 6. All publications on the crypto exchange must be checked, because most publications are made for the purpose of advertising and they will not help you earn, and in most cases you can even lose money by investing them in a dubious project (token), and all because someone somewhere wrote that this particular token will bring a big profit by advertising it in such a way that you just want to believe it, although the project itself may be unpromising.
The experience I gained on the crypto exchange. Lesson 5. If your crypto has risen and you see a profit, but then it starts to fall and you see that your account is rapidly decreasing, you panic and you want to keep this profit. The main mistake is that most people, out of fear, start converting to other altcoins, switching from one to another, and this is exactly the main mistake, because if the market falls, all altcoins fall, and therefore you have a great chance of losing profit. Therefore, in my opinion, it is best to fix the profit in this case in stablecoins #USDT , or #USDC . Why is that because they do not change in price. In these stablecoins, you will wait until the market reaches its bottom and take the crypto you want at the best price.
The experience I gained on the crypto exchange. Lesson 4. When Bitcoin falls, it also drags altcoins with it. Moreover, altcoins fall more than Bitcoin. Altcoins simply fall down. And if Bitcoin quickly rises higher and higher each time, then some altcoins no longer reach the levels they were at before.
The experience I gained on the crypto exchange. Lesson 3. You should never constantly look at your account on the exchange, because this can lead to rash actions. This can especially happen when you bought a crypto at the peak of its rise and it starts to fall. You see that your account is rapidly decreasing and then you start to panic, which leads to rash decisions.
It is expected that Trump may soon sign an Executive Order that will allow banks to trade cryptocurrencies; offer wealthy clients investments in cryptocurrency. If this turns out to be true, then we will all be in for a very incredible alt season. In which, in my opinion, those altcoins that have roots in the US, and those altcoins that are more stable to volatility, will rise the most. But this is just my opinion.
My experience on the crypto exchange. Lesson 2. Never buy a new cryptocurrency that has just appeared on the exchange and about which you know nothing (i.e. a new project), because in most cases its price will be slightly overestimated at the beginning of the sale and over time it may decrease in price by 5-10 times. And then you can again get stuck with this project for several months, or even years until it starts to grow. Why does this happen and the price fall - because most tokens of new projects people get for free due to airdrop, and after that when the new crypto starts to be sold on the exchange, people who got it for free start to sell it and therefore the price falls quickly. So buy new tokens only when they reach the bottom. Of course, there are new tokens that start to grow when they appear on the exchange, but these are rare cases.