$BTC Bitcoin Price Crashes to $84,000 – Is $70,000 Next?
The bitcoin price dropped sharply today after a brief pump near $90,000, sliding to $84,544 as the price sell-off continued into its second month.
What’s dragging down the $BTC bitcoin price?
Is $70,000 next?
Technical analysts from Bitcoin Magazine wrote earlier this week that the $84,000 support level is under pressure. If the bitcoin price falls below this point, it could test the $72,000 to $68,000 zone. Initial bounces are expected, but a break below $84,000 could trigger faster declines toward $70,000.
Multiple analyses suggest that investors may need to spend significantly more to acquire XRP by the end of the decade than its current price.
Factors Fueling Investor Optimism in XRP
How Much Will 1 XRP Will Cost by 2030
ChatGPT Estimate
Other Estimates From Top Analysts
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
$BTC Bitcoin bulls foiled again as price tumbles back to $86,000, giving up CPI gains and more
What to know:
In what's now become a regular occurrence during this bear market, crypto markets swung from sizable gains to sizable losses in a very short time frame.
$BTC Bitcoin early in U.S. action Thursday had popped above $89,000 after a far softer than forecast CPI print initially raised hopes for easier Fed monetary policy.
Though well off session highs, equity markets remain nicely in the green for day, continuing their 2025 pattern of outperforming crypto.
Fold Launches Nationwide $BTC Bitcoin Services Across All 50 States With BitGo
Fold wants a ‘national framework’ for Bitcoin
BitGo B&T’s federal bank charter combined with Fold’s Bitcoin financial products gives the U.S. its first true national framework for Bitcoin access,” said CEO Will Reeves. “It replaces a patchwork of state rules with a single, regulated structure, creating a clear path forward for both companies and consumers.”
👍🏻👍🏻👍🏻BIG NEWS PAKISTAN CRYPTO AT PAKISTAN✌🏻🤳🏿✌🏻✌🏻
$BTC Crypto mining to begin in Pakistan within weeks, announces Bilal Bin Saqib
In an exclusive interview with ARY News, Bilal Bin Saqib said that several new technologies have emerged for bitcoin mining and that mining cards can be installed at power plants to support the process.
Bilal Bin Saqib said emerging technologies such as robotics and quantum computing were not declared illegal at their inception but were regulated over time, adding that the same regulatory approach applies to cryptocurrencies.
Ripple’s Asia venture looks to make $XRP XRP a yield-bearing asset
What to know:
SBI Ripple Asia has partnered with Doppler Finance to explore XRP-based yield products and asset tokenization on the XRP Ledger.
The collaboration aims to build institutional-grade yield infrastructure and expand the use of tokenized real-world assets.
SBI Digital Markets will serve as the institutional custodian, providing segregated custody for client assets
This collaboration is about expanding XRP’s role beyond payments and positioning it as a productive, yield-bearing asset,” Doppler’s head of institutions said in the statement.
Hong Kong’s largest crypto exchange sees lukewarm market debut, shares gain 3%
Key Points:
HashKey raised around $206 million in its IPO.
Shares rose 3% on market debut.
We are confident that the [crypto] penetration rate in Hong Kong, in the Asian market, is going to catch up with what happens in the U.S,” Zhu added.
The world’s largest cryptocurrency, $BTC bitcoin, has dropped around 36% in about a month after hitting an all-time high and crossing past $126,000 in early October. It is down about 6% so far this year.
This is a milestone for the digital asset and wealth management industry in Asia. We believe Hong Kong is establishing itself as a key hub for regulated digital assets in Asia,” said William Ma, CIO at GROW Investment Group.
Ripple Price Analysis: $XRP XRP Looks Weak Against USD and Even Worse vs $BTC BTC
XRP continues to bleed out quietly while market attention stays locked on BTC and ETH. Despite brief relief bounces, the overall structure remains bearish across the board. Both the USDT and BTC pairs are showing weakness, with no clear signs of a recovery, and the buyers have lost control of key levels.Technical Analysis
The BTC pair looks even worse. After forming a rising wedge in October and November, XRPBTC broke down hard last week and is now trading at 2,170 sats back below the 100 and 200-day moving averages, both located around the 2,400 sats level.
UK regulation of cryptoassets to start in October 2027, finance ministry says
LONDON, Dec 15 (Reuters) - Britain will start regulating cryptoassets from October 2027, the finance ministry said on Monday, rules it hopes will give the industry certainty while keeping out "dodgy actors".
The new law - the government will introduce legislation into parliament later on Monday - will extend existing financial regulation to companies involved in crypto, aligning Britain with the U.S. rather than the European Union, which has built rules tailored to the industry.
$XRP XRP Community Divided on Whether Solana Is Best
Controversy
On one side, supporters argue that XRP price is a utility asset, and utilities scale by being everywhere. More venues mean more demand, more use cases and more transactional relevance. Several voices stressed that asset portability is a sign of infrastructure maturity, especially since XRP can be redeemed back to$XRP XRP Ledger at any time.