Why Bitcoin, Ethereum and XRP Prices Crashed Today

Source: CryptoNewsNet Original Title: Why Are Bitcoin, Ethereum and XRP Prices Crashing Today? Original Link: https://cryptonews.net/news/analytics/32091884/ Bitcoin, Ethereum and XRP all fell today, pulling the wider crypto market down with them. Bitcoin slid back toward $90,000 after recently coming close to $100,000. Ethereum moved toward $3,090, and XRP dropped to about $2.06.

BNB slipped to around $888, while Solana dropped to about $135 after several days of weakness. TRON traded near $0.28, and Dogecoin fell to roughly $0.14, losing more ground through the week. Cardano edged down to $0.43, and Bitcoin Cash dipped to about $574.

The sudden pullback surprised the market after watching strong price gains over the past few weeks.

Rate Cut Hopes Fade After New Warning

Investor Kevin O’Leary stated he does not believe the U.S. Federal Reserve will cut interest rates next month. He explained that inflation is still high, new tariffs are raising costs, and the Fed is worried about both rising prices and the job market.

When interest rates stay high, investors usually avoid risky assets like crypto. O’Leary’s comments added fresh doubts about near-term market recovery.

A Large Institutional Move Worried Investors

Another shock came from a big transfer linked to a major investment firm. A related entity moved the equivalent of 1.47 million Bitcoin-related shares, worth about $273 million, into custody at a major financial institution. This kind of move has happened before major selloffs in the past, including a large Bitcoin drop last November. Because of that history, experts feared this could be a sign that institutions may be getting ready to take profits again.

Global headlines also added pressure, including warnings from central banks about virtual currencies.

However, some crypto leaders argue investors should not panic, maintaining that every dip is still a buying opportunity. According to them, quantitative tightening is effectively over and rate cuts along with new stimulus measures are likely, which would prevent major asset crashes and flood the market with fresh liquidity.