US Unemployment Rate Rises Higher Than Expected: What This Means for Bitcoin

Bitcoin has remained under pressure below the $90,000 level, and traders now focus on U.S. economic data to determine where prices may head next.

Bitcoin has remained under pressure below the $90,000 level, and traders now focus on U.S. economic data to determine where prices may head next.

A CryptoQuant author points out that XRP has dropped nearly 50% since Ripple co-founder Chris Larsen sold millions, but there's more to the story. This disclosure came from JA Maartunn, CryptoQuant's community analyst, amid XRP's current struggles, as the crypto asset finally relinquishes the pivotal $2 support level.

XRP ETFs have now crossed the $1 billion mark in cumulative net inflows, becoming the second fastest to reach this milestone, only behind Bitcoin ETFs. This is according to data aggregated by market analytics resource Sosovalue.

CryptoQuant analyst JA Maartunn highlights two impressive milestones by Saylor's Strategy after its latest Bitcoin purchase. Maartunn called attention to these milestones on the back of the company's recent announcement.

Economists now agree that the Bank of Japan could raise interest rates this month for the first time in nearly a year, and Bitcoin is bracing for the impact. Major financial outlets report that the BOJ plans to lift its benchmark rate by 25 basis points to 0.75% at its December 18-19 meeting.

The debut of the 21Shares XRP ETF has renewed focus on FalconX's takeover of 21Shares and how this deal might increase the odds of an XRP supply squeeze. Notably, the conversation gained momentum following the ETF launch on Dec.

The ongoing Bitcoin (BTC) downturn has now started weighing heavily on corporate Bitcoin treasury activity as 2025 winds down. For context, Bitcoin has struggled ever since it hit its all-time high of $126,272 in October.

The Ripple CEO recently disclosed that the XRP ETF products have hit the $1 billion AuM milestone, making it the fastest to reach this milestone since Ethereum. Following the launch of the spot Bitcoin ETFs in January 2024, which showed Wall Street how successful crypto products can get when they command enough attention, the focus shifted to altcoin ETFs.

Bitcoin and the broader crypto market continue to face a difficult stretch, yet IG's Chief Market Analyst Chris Beauchamp says a turnaround may already be forming. After months of selling pressure and fading confidence, Beauchamp expects a rebound to play out this week as traders position ahead of an almost certain Federal Reserve rate cut.

A crypto market analyst and trader has projected how much lower XRP could still drop from here, identifying what he believes is behind the current market struggles. The crypto market tried to rebound earlier this month, but that momentum faded prematurely.

How could the XRP price react if the top 10 Fortune 500 companies decide to add XRP to their balance sheets? Notably, as U.S.

Indiana lawmakers have introduced a proposal that would let public funds across the state invest in Bitcoin. House Bill 1042 arrived on Dec.