Here’s How High The XRP Price Needs To Be To Flip Bitcoin

The Abu Dhabi Investment Council has significantly increased its holdings in BlackRock's iShares Bitcoin Trust, nearly tripling its position from approximately 2.4 million shares to nearly 8 million by September 30, 2025. This investment is valued at around $518 million at the end of the third quarter.

Ripple's recent movement of millions of XRP from a wallet associated with the company has raised concerns in the cryptocurrency market regarding potential sell-off intentions. This significant on-chain activity has led to speculation about Ripple's strategy as a major XRP holder, coinciding with a broader decline in trading volumes and prices in the crypto space.

Dogecoin is currently experiencing significant price action, having dropped into the lower 5% of its long-term trading channel, a region that has historically preceded substantial rallies. The recent bearish pressure, triggered by a Tenkan-sen cross, raises questions about whether Dogecoin will rebound or continue its downward trend. Analysts suggest that this critical juncture could serve as a launchpad for a potential recovery.

Billionaire investor Ray Dalio has reiterated his skepticism towards Bitcoin, maintaining that he has only allocated about 1% of his portfolio to the cryptocurrency for several years. He cites structural challenges as a barrier to Bitcoin's viability in the long term.

Dave Portnoy, founder of Barstool Sports, has made a significant return to the cryptocurrency market with a $1 million investment in XRP. This move comes amid a challenging period for XRP, which has seen a nearly 15% decline in value recently. Portnoy's purchase, alongside investments in Bitcoin and Ethereum, has sparked curiosity about his market insights and the potential for XRP's recovery.

A proposed bill in the United States would allow Americans to pay their taxes to the IRS using Bitcoin (BTC). The tax revenue collected in Bitcoin would be directed into a strategic BTC reserve, and this payment method would not trigger a taxable event for the payer.

Investors are reducing their exposure to risk assets as optimism wanes regarding potential interest rate cuts by the Federal Reserve before year-end. This shift has led to declines in major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and Dogecoin (DOGE).

Recent data indicates that an uptick in unemployment rates has negatively impacted Bitcoin's value, contributing to a significant decline in its market price. Analysts suggest that this downturn may be linked to broader economic concerns, including inflation and Federal Reserve policies. The cryptocurrency has seen a drop below $90,000, raising alarms among investors about its stability.