{"id":39660,"date":"2025-03-20T23:50:18","date_gmt":"2025-03-21T02:50:18","guid":{"rendered":"https:\/\/tiproject.online\/index.php\/2025\/03\/20\/xrp-news-today-ripples-cross-appeal-and-etfs-in-focus-btc-drops-below-85k\/"},"modified":"2025-03-20T23:50:18","modified_gmt":"2025-03-21T02:50:18","slug":"xrp-news-today-ripples-cross-appeal-and-etfs-in-focus-btc-drops-below-85k","status":"publish","type":"post","link":"https:\/\/tiproject.online\/index.php\/2025\/03\/20\/xrp-news-today-ripples-cross-appeal-and-etfs-in-focus-btc-drops-below-85k\/","title":{"rendered":"XRP News Today: Ripple\u2019s Cross-Appeal and ETFs in Focus; BTC Drops Below $85k"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div><figcaption id=\"caption-attachment-1505943\" class=\"wp-caption-text\">XRPUSD \u2013 Daily Chart \u2013 210325<\/figcaption><p>Read expert analysis on what could drive XRP to new highs <a href=\"https:\/\/www.fxempire.com\/crypto\/ripple\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>.<\/p>\n<h2 id=\"bitcoin-and-the-trump-effect\">Bitcoin and the Trump Effect<\/h2>\n<p>XRP\u2019s decline coincided with bitcoin\u2019s (<a href=\"https:\/\/www.fxempire.com\/crypto\/bitcoin\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a>) drop below $85k on March 20. President Trump appeared at the <a href=\"https:\/\/blockworks.co\/event\/digital-asset-summit-2025-new-york\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Blockworks Digital Asset Summit<\/a> in New York, fueling speculation about zero capital gains taxes on selected cryptos. There were also hopes for more detail on Trump\u2019s Strategic Bitcoin Reserve (SBR) plan.<\/p>\n<p>However, Trump\u2019s comments fell short of expectations. He reiterated his pledge to hold the government\u2019s <a href=\"https:\/\/intel.arkm.com\/explorer\/entity\/usg\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">BTC stockpile<\/a> and future confiscations. Investors had hoped he would announce plans to expand the US BTC reserves, currently valued at $17.13 billion.<\/p>\n<p>While Trump was silent on acquiring more BTC, the Bitcoin Act could still influence BTC\u2019s supply-demand trajectory.<\/p>\n<p>Senator Cynthia Lummis reintroduced the Bitcoin Act on March 11. If passed, the bill would authorize the US government to acquire one million BTC over five years, with a 20-year mandatory holding period.<\/p>\n<h2 id=\"bitcoin-price-scenarios-key-levels-to-watch\">Bitcoin Price Scenarios: Key Levels to Watch<\/h2>\n<p>On March 20, BTC dropped 3.06%, partially reversing Wednesday\u2019s 5.01% rally to close at $84,216. Thursday\u2019s pullback left BTC below the $100k level for the 41st consecutive session.<\/p>\n<p>Potential BTC price scenarios:<\/p>\n<ul class=\"small-bullet-points\">\n<li><strong>Bearish<\/strong>: Escalating trade tensions, recession fears, opposition to the Bitcoin Act, and ETF outflows could send BTC toward $70,000.<\/li>\n<li><strong>Bullish<\/strong>: Easing trade tensions, economic resilience, growing Bitcoin Act support, and extended ETF inflows could push BTC toward $109,312.<\/li>\n<\/ul>\n<figure id=\"attachment_1505944\" aria-describedby=\"caption-attachment-1505944\" class=\"wp-caption alignnone\"\/><\/div>\n<p>[ad_2]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] XRPUSD \u2013 Daily Chart \u2013 210325Read expert analysis on what could drive XRP to new highs here. Bitcoin and the Trump Effect XRP\u2019s decline coincided with bitcoin\u2019s (BTC) drop below $85k on March 20. President Trump appeared at the Blockworks Digital Asset Summit in New York, fueling speculation about zero capital gains taxes on selected cryptos. There were also hopes for more detail on Trump\u2019s Strategic Bitcoin Reserve (SBR) plan. However, Trump\u2019s comments fell short of expectations. He reiterated his pledge to hold the government\u2019s BTC stockpile and future confiscations. Investors had hoped he would announce plans to expand the US BTC reserves, currently valued at $17.13 billion. While Trump was silent on acquiring more BTC, the Bitcoin Act could still influence BTC\u2019s supply-demand trajectory. Senator Cynthia Lummis reintroduced the Bitcoin Act on March 11. If passed, the bill would authorize the US government to acquire one million BTC over five years, with a 20-year mandatory holding period. Bitcoin Price Scenarios: Key Levels to Watch On March 20, BTC dropped 3.06%, partially reversing Wednesday\u2019s 5.01% rally to close at $84,216. Thursday\u2019s pullback left BTC below the $100k level for the 41st consecutive session. Potential BTC price scenarios: Bearish: Escalating trade tensions, recession fears, opposition to the Bitcoin Act, and ETF outflows could send BTC toward $70,000. Bullish: Easing trade tensions, economic resilience, growing Bitcoin Act support, and extended ETF inflows could push BTC toward $109,312. [ad_2]<\/p>\n","protected":false},"author":1,"featured_media":39661,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-39660","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financas"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/39660","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/comments?post=39660"}],"version-history":[{"count":0,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/39660\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media\/39661"}],"wp:attachment":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media?parent=39660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/categories?post=39660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/tags?post=39660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}