Crypto Chaos: Bitcoin Wobbles, XRP Shines, and Trump Tariffs Tango

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What to know, darling:

  • Bitcoin and ether decided to take a breather after a rather dramatic exit from U.S. ETFs. Honestly, they’ve been so theatrical lately. 🎭
  • Fresh tariffs from Trump’s playbook and the Fed’s “let’s-not-cut-rates” stance added a dash of spice to the volatility stew. But fear not, opportunistic buyers are swooping in like knights in shining armor. 🛡️
  • Institutional liquidity is the unsung hero, softening the blows. Though ETF buyers are still sitting this one out, leaving sentiment as tentative as a first date. 💔

In this glorious article

BTCBTC$114,296.98◢0.57% XRPXRP$2.9760◢4.84% DOGEDOGE$0.1999◢2.12%

Ah, crypto! Starting the week steady, like a stiff gin after a chaotic weekend. Bitcoin and ether decided to stabilize after their Friday and Saturday tantrums, courtesy of ETF outflows that could rival a soap opera cliffhanger. 📉🍸

Bitcoin ETFs lost nearly $1 billion in two days, sending BTC tumbling to $114,000 before recovering modestly. Ether, not to be outdone, saw $152 million vanish on Friday, ending its streak of daily inflows. Talk about drama! 💔

Enter Trump, stage left, with fresh tariffs across Asia and Europe. Risky bets took a hit, and the global market mood soured faster than milk left in the sun. 🌍☀️

“The dip? Oh, just Trump’s tariffs and the Fed’s reluctance to cut rates. But opportunistic buyers are already stepping in, darling. Fear? Overdone, I say!” quipped Jeff Mei, COO at BTSE, in a note to CoinDesk. 👔📝

Bitcoin is holding near $114,500 in early Asia trading, while ether lounges above $3,550. Both are still within short-term support zones, like actors clinging to their scripts. 📜🎭

Retail favorites XRP and dogecoin rose 5% on Monday, leading market gains. Cardano’s ADA, BNB, and Solana’s SOL joined the party with 3% increases. The crypto world’s version of a cocktail hour. 🍸🎉

Institutional depth is cushioning volatility, darling. “The rising presence of professional desks has brought deeper secondary liquidity,” said Augustine Fan of SignalPlus. “This would’ve been a far messier unwind pre-ETF era. Q4 will be crucial with the Fed back in play and tariff-inflation spillovers starting to show.” 🎯📊

Still, ETF buyers are nowhere to be seen, leaving broader sentiment tentative. Bitcoin remains below the critical $118,000 breakout zone, and ether needs to jump above $3,500 to avoid systematic selling. 🚨💔

Outside crypto, the macro setup offers a soft floor. U.S. equity futures are up 0.4% after Friday’s weak jobs report lifted Fed pivot expectations. The MSCI Asia Pacific Index erased early losses, Hong Kong tech stocks broke a 7-day losing streak, and Treasury yields inched up to 4.24%. Oil drifted lower after OPEC’s production hikes, and the dollar weakened slightly. 🌍📉

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2025-08-04 08:48