Ripple keeps expanding even as XRP weakens
Ripple’s cross-border XRP token is down about 14% on the week and trades around $1.13, according to CoinGecko data cited by CryptoPotato. The drop lands even as Ripple racks up new partnerships and rollouts.
CryptoPotato points to several concrete moves. Ripple teamed up with Turkish crypto platforms BiLira, Bitexen, and Bitlo to boost adoption and usage of Ripple’s RLUSD. Mastercard also expanded infrastructure to let merchants and partners settle transactions using multiple cryptocurrencies, including the USD-pegged stablecoin. And in the US, Ripple opened an expanded office in Washington, D.C.
That list includes policy adjacent wins too. The report says spot XRP ETFs stayed “predominantly positive,” despite XRP still sliding.
Whale activity adds gasoline to the sell-off
Ripple-specific news does not explain the week’s weakness on its own. CryptoPotato flags whale activity as another pressure point.
The report says a cohort of large investors sold or redistributed 50 million coins over seven days. That kind of flow can widen the gap between “good headlines” and “bad tape,” because it encourages smaller holders to follow the exit.
Bitcoin bleeds as analysts map downside ranges
CryptoPotato describes broad market stress. Bitcoin slipped to around $61,000 and is now quoted near $62,800 at press time, still down about 15% on the week. The article also says BTC has lost more than $20,000 over the past month.
The desk is less interested in who is right than in what the market is trying to price. Still, the reporting includes several analyst frameworks for potential downside.
CryptoPotato cites Ali Martinez saying a move below $72,000 leaves BTC in a “vulnerable position.” It also reports that Martinez’s MVRV Pricing Bands suggest next major support between $50,000 and $54,000.
Ted is quoted in CryptoPotato’s recap calling $49,000 a “good bottom zone,” comparing it to the August 2024 low. Peter Schiff is more severe in the same roundup, predicting a “quick fall” toward $20,000 if BTC breaks $50,000, and claiming it would pressure long-term holders to capitulate.
Reported BTC levels and commentary (from CryptoPotato)
| Item | Level / Range | Who | What they said |
|---|---|---|---|
| Vulnerability trigger | $72,000 | Ali Martinez | Break puts BTC in a “vulnerable position” |
| Next major support (MVRV bands) | $50,000 to $54,000 | Ali Martinez | MVRV Pricing Bands point to this area |
| Potential bottom zone | $49,000 | Ted | Labeled “a good bottom zone” tied to Aug 2024 |
| Worst-case path | $20,000 | Peter Schiff | Says BTC breaking $50,000 could lead to a fast fall |
Cardano drops to multi-year lows, Hoskinson warns
Cardano looks like the stress test that no one wanted. CryptoPotato says ADA fell to $0.15, the lowest level since the end of 2020, then rebounded slightly to around $0.165.
The recap ties the sell-off to Charles Hoskinson’s announcement. CryptoPotato reports Hoskinson said he’s “taking a break” and warned about an upcoming “wave of failures in the ecosystem.”
There is at least one upside datapoint in the story. CryptoPotato notes a partnership between Cardano and the Brazilian Olympic Committee (COB). The recap’s blunt conclusion is that the deal did not stop ADA’s decline.
What to watch next: the gap between filings and flows
CryptoPotato’s recap sets up a familiar mismatch. Ripple and partners can sign integrations and expand offices while XRP still trades like the rest of the market. The driver for this week’s moves appears less like token-specific fundamentals and more like liquidity stress plus whale behavior.
On BTC, the analyst chorus is also consistent. Multiple commentators in CryptoPotato’s report point toward the $50,000 area as the next battleground, even if they disagree on how quickly a breakdown could accelerate.
For readers, the practical question is not whether Ripple’s RLUSD plans or Mastercard’s settlement infrastructure are “good.” CryptoPotato already laid out those wins. The question is whether token flows keep obeying broader drawdowns and large-holder selling in the near term.
CryptoPotato closes with the reminder that the day’s price action is happening against a market-wide collapse, with BTC at the center and high beta names paying the bill.