Cryptocurrency News Today TheBitTimes.com

Bitcoin (BTC), Ethereum (ETH), and XRP extended their slide Tuesday as renewed US–China tensions deepened market jitters, sending silver surging to a record high. Beijing announced sanctions on the US units of South Korean shipbuilder Hanwha Ocean and warned of further action against the maritime sector, escalating tensions between the world’s two largest economies and damping hopes of a near-term thaw. Global equities fell, and the fallout rippled through digital assets, triggering another wave of liquidations that pushed major tokens to multi-week lows. ( @realDonaldTrump – Truth Social Post ) ( Donald J. Trump – Oct 12, 2025, 12:43 PM ET ) Don’t worry about China, it will all be fine! Highly respected President Xi just had a bad moment. He doesn’t want Depression for his country, and neither do I. The U.S.A. wants to help… pic.twitter.com/30ot0cICw4 — Fan Donald J. Trump 🇺🇸 TRUTH POSTS (@TruthTrumpPosts) October 1...

XRP has erased more than $22 billion in market capitalization over the past week, a sobering reversal for one of 2025’s standout altcoins.  Data retrieved by Finbold from CoinMarketCap shows its market cap plunging from roughly $205.9 billion on July 23 to $183.4 billion as of July 30, a 10% drawdown that reflects both profit-taking and structural weakness across the broader altcoin complex. XRP 1-week market cap. Source: CoinMarketCap The price action tells the same story. After briefly touching $3.47, XRP plunged below the psychologically critical $3 level on July 24, printing a low of $2.99 before clawing back to $3.09 at press time. That breach of $3, however brief, will not go unnoticed by traders, many of whom now view that level as a battleground between opportunistic buyers and momentum-driven sellers. XRP ledger and open interest Derivatives markets underscore the cooling sentiment. CoinGlass data reviewed by Finbold shows open interest in XRP futures ...