{"id":45666,"date":"2025-05-04T23:53:46","date_gmt":"2025-05-05T02:53:46","guid":{"rendered":"https:\/\/tiproject.online\/index.php\/2025\/05\/04\/xrp-news-today-xrp-dips-but-etf-momentum-and-legal-progress-offer-hope-btc-at-94k\/"},"modified":"2025-05-04T23:53:46","modified_gmt":"2025-05-05T02:53:46","slug":"xrp-news-today-xrp-dips-but-etf-momentum-and-legal-progress-offer-hope-btc-at-94k","status":"publish","type":"post","link":"https:\/\/tiproject.online\/index.php\/2025\/05\/04\/xrp-news-today-xrp-dips-but-etf-momentum-and-legal-progress-offer-hope-btc-at-94k\/","title":{"rendered":"XRP News Today: XRP Dips, but ETF Momentum and Legal Progress Offer Hope; BTC at $94k"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div><figcaption id=\"caption-attachment-1516296\" class=\"wp-caption-text\">XRPUSD \u2013 Daily Chart \u2013 050525<\/figcaption><p>See our full XRP forecast <a href=\"https:\/\/www.fxempire.com\/crypto\/ripple\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>.<\/p>\n<h2 id=\"bitcoin-drops-below-95000-as-uschina-trade-tensions-resurface\">Bitcoin Drops Below $95,000 as US-China Trade Tensions Resurface<\/h2>\n<p>XRP\u2019s losses coincided with bitcoin (<a href=\"https:\/\/www.fxempire.com\/crypto\/bitcoin\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a>) pulling back from the May 2 high of $97,997. Uncertainty surrounding US-China trade talks weighed on risk sentiment, leaving BTC below the crucial $95,000 mark for the first time in four sessions.<\/p>\n<p>Reports of President Trump dismissing plans to speak with China\u2019s President Xi Jinping sank hopes for an end to the US-China trade war. Trump reportedly <a href=\"https:\/\/x.com\/KobeissiLetter\/status\/1919176972007006406\" target=\"_blank\" rel=\"noopener noreferrer\">stated<\/a>:<\/p>\n<blockquote>\n<p>\u201cChina is \u2018ripping us off\u2019 and Chinese and US officials are talking about \u2018different things\u2019.\u201d<\/p>\n<\/blockquote>\n<p>Risk-off sentiment spilled into broader markets. On May 5, US Futures opened in negative territory, with the Nasdaq 100 down 143 points, while <a href=\"https:\/\/www.fxempire.com\/commodities\/gold\" target=\"_blank\" rel=\"noopener noreferrer\">gold<\/a> rose 0.81% to $3,266 in early trade.<\/p>\n<p>Despite trade uncertainties, BTC\u2019s losses were relatively modest. US BTC-spot ETF net inflows from the week ending May 2 bolstered BTC price support. According to Farside Investors, the US BTC-spot ETF market logged total net inflows of $1,805.1 million.<\/p>\n<h2 id=\"btc-price-outlook-policy-and-legislation-in-focus\">BTC Price Outlook: Policy and Legislation in Focus<\/h2>\n<p>BTC fell 1.67% on May 4, adding to Saturday\u2019s 0.98% loss to close at $94,387.<\/p>\n<p>Near-term price action will likely reflect developments in US-China trade relations, Fed guidance, and ETF flow trends.<\/p>\n<p>Key drivers for BTC\u2019s near-term direction include:<\/p>\n<ul class=\"small-bullet-points\">\n<li>Bearish Scenario: Rising US-China trade tensions, a hawkish Fed stance, US recession concerns, resistance to the Bitcoin Act, and renewed ETF outflows. Bearish sentiment could send BTC below $90,000.<\/li>\n<li>Bullish Scenario: De-escalation in the US-China trade war, a dovish Fed outlook, strong US data, pro-crypto legislation, and sustained ETF inflows. Bullish sentiment could drive BTC above $100,000.<\/li>\n<\/ul>\n<p>Legislative developments may play a pivotal role. The Bitcoin Act\u2019s progress on Capitol Hill could be crucial for BTC\u2019s supply-demand outlook. Senator Cynthia Lummis reintroduced the Bitcoin Act, proposing the US acquire one million BTC over five years with a 20-year holding period, potentially a major demand catalyst.<\/p>\n<p>However, Governor Katie Hobbs of Arizona recently <a href=\"https:\/\/www.fxempire.com\/forecasts\/article\/bitcoin-btc-slips-as-arizona-vetoes-state-reserve-bill-blackrock-etf-flows-impress-1516143\" target=\"_blank\" rel=\"noopener noreferrer\">vetoed<\/a> the state\u2019s Bitcoin reserve bill, raising doubts over bipartisan backing for national crypto strategies.<\/p>\n<figure id=\"attachment_1516297\" aria-describedby=\"caption-attachment-1516297\" class=\"wp-caption alignnone\"\/><\/div>\n<p>[ad_2]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] XRPUSD \u2013 Daily Chart \u2013 050525See our full XRP forecast here. Bitcoin Drops Below $95,000 as US-China Trade Tensions Resurface XRP\u2019s losses coincided with bitcoin (BTC) pulling back from the May 2 high of $97,997. Uncertainty surrounding US-China trade talks weighed on risk sentiment, leaving BTC below the crucial $95,000 mark for the first time in four sessions. Reports of President Trump dismissing plans to speak with China\u2019s President Xi Jinping sank hopes for an end to the US-China trade war. Trump reportedly stated: \u201cChina is \u2018ripping us off\u2019 and Chinese and US officials are talking about \u2018different things\u2019.\u201d Risk-off sentiment spilled into broader markets. On May 5, US Futures opened in negative territory, with the Nasdaq 100 down 143 points, while gold rose 0.81% to $3,266 in early trade. Despite trade uncertainties, BTC\u2019s losses were relatively modest. US BTC-spot ETF net inflows from the week ending May 2 bolstered BTC price support. According to Farside Investors, the US BTC-spot ETF market logged total net inflows of $1,805.1 million. BTC Price Outlook: Policy and Legislation in Focus BTC fell 1.67% on May 4, adding to Saturday\u2019s 0.98% loss to close at $94,387. Near-term price action will likely reflect developments in US-China trade relations, Fed guidance, and ETF flow trends. Key drivers for BTC\u2019s near-term direction include: Bearish Scenario: Rising US-China trade tensions, a hawkish Fed stance, US recession concerns, resistance to the Bitcoin Act, and renewed ETF outflows. Bearish sentiment could send BTC below $90,000. Bullish Scenario: De-escalation in the US-China trade war, a dovish Fed outlook, strong US data, pro-crypto legislation, and sustained ETF inflows. Bullish sentiment could drive BTC above $100,000. Legislative developments may play a pivotal role. The Bitcoin Act\u2019s progress on Capitol Hill could be crucial for BTC\u2019s supply-demand outlook. Senator Cynthia Lummis reintroduced the Bitcoin Act, proposing the US acquire one million BTC over five years with a 20-year holding period, potentially a major demand catalyst. However, Governor Katie Hobbs of Arizona recently vetoed the state\u2019s Bitcoin reserve bill, raising doubts over bipartisan backing for national crypto strategies. [ad_2]<\/p>\n","protected":false},"author":1,"featured_media":45667,"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-45666","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\/45666","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=45666"}],"version-history":[{"count":0,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/posts\/45666\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media\/45667"}],"wp:attachment":[{"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/media?parent=45666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/categories?post=45666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tiproject.online\/index.php\/wp-json\/wp\/v2\/tags?post=45666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}