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  • Shrishesh Tanksalkar
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    Shrishesh is a versatile writer with 2+ years of experience in cryptocurrencies. An engineer turned storyteller, this selective introvert is a wannabe biker on weekends.

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    Why Bitcoin, Ethereum, XRP Prices are Down Today?

    Story Highlights
    • Bitcoin price loses steam, falling below $104k as fear index shifts to neutral zone

    • Ethereum slips over 3.5% amid volume crash and broader sell-off pressure

    • XRP trades below $2.15 with risks of a deeper correction in the short term

    The crypto market today is feeling the weight of macroeconomic and geopolitical risks. Successively, the valuation of the industry has dropped to $3.2 trillion, with a 1.10% decline in the past 24 hours. Meanwhile, the 24-hour trading volume has surged over 42% to hit $114.74 billion, signaling heightened volatility and possibly panic-led sell-offs.

    Amidst the ruckus, the Fear & Greed Index has moved to 43, placing the market in the neutral zone. Rising tensions in the Middle East and uncertainties around the potential restoration of Trump-era trade policies are spooking both traditional and digital asset investors. Let’s take a closer look at how this is impacting Bitcoin, Ethereum, and XRP.

    Bitcoin (BTC) Price Prediction: Can It Hold Above $102k?

    Bitcoin price today is at $103,491, down 0.94% in the past 24 hours. The daily low sits at $102,372, suggesting that the price is hovering dangerously close to key support levels. The 38% uptick in 24-hour volume to $50.25B indicates aggressive intraday trading, but not necessarily bullish accumulation. 

    If BTC fails to maintain support at $102,000, a further slide toward $100,000 or even $98,500 is highly likely. However, if the market finds temporary relief and BTC reclaims $105,000, a short-term recovery toward $107,000–$108,000 may be on the cards. 

    Curious about BTC’s year-end target? Read our Bitcoin (BTC) Price Prediction 2025, 2026-2030!

    Ethereum (ETH) Price Prediction: $2,400 or $2,300 First?

    Ethereum is bearing the brunt of today’s drop, plunging 3.59% to $2,423.62. The altcoin has seen its daily trading volume crash by over 76%, now at $21.59 billion. With a daily low of $2,371, ETH is testing a crucial demand zone. 

    If it breaks below $2,370, the next key support lies around $2,300, followed by $2,200. It is worth noting that to initiate a recovery, ETH must climb back above $2,500. That being said, a push beyond $2,570 could invalidate short-term bearish setups and open a route toward $2,650.

    Hodling ETH? Check out our Ethereum (ETH) Price Prediction 2025, 2026-2030 Now!

    XRP Price Prediction: Is a Drop Below $2 Next?

    XRP price has slipped 1.16% over the past 24 hours to trade at $2.12, with a low of $2.09. Despite the modest drop compared to ETH, the volume has surged 45.9% to $2.49 billion, which I believe, that larger holders are offloading positions.

    If bearish pressure intensifies, XRP may retest $2.00, a support that could give way to a drop toward $1.90. Contrarily, reclaiming $2.18 could spark a minor relief rally toward $2.30.

    Curious about XRP’s future returns? Read our Ripple (XRP) Price Prediction 2025, 2026-2030 Now!

    FAQs

    Why is the Bitcoin price falling today?

    Bitcoin is reacting to macroeconomic uncertainty, including tensions in the Middle East and fears surrounding potential Trump-era policy rollbacks.

    Will Ethereum fall below $2,300?

    Given the sharp volume decline and price weakness, Ethereum could test the $2,300–$2,200 range if the bulls don’t step in soon.

    Is XRP expected to drop below $2?

    If current bearish momentum continues, XRP could slide below $2, targeting $1.90 as the next major support.

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