According to crypto analyst @Pentosh1, a price target of $5.89 for Ripple (XRP) is not a speculative 'meme' but a tangible goal for traders. The analyst points out that reaching this level would constitute less than a twofold increase from its current price, framing it as a plausible and achievable target. This perspective suggests a bullish outlook on XRP's price action, indicating that significant upside potential may exist without entering the realm of unrealistic price speculation.

According to @EricBalchunas, exchange-traded funds (ETFs) linked to XRP are experiencing a significant surge in trading volume, reaching four to five times their normal levels. The 2x leveraged XRP ETF, trading under the ticker $XXRP, has seen particularly strong performance, rising 27% in a single day and 55% for the week. This price rally was accompanied by a substantial trading volume of $120 million for the leveraged product.

According to analyst @Pentosh1, XRP (XRP) is likely to enter a price discovery phase within the next two weeks. This suggests the potential for a significant upward price movement as the asset could surpass its previous all-time highs and explore new trading ranges.

According to @CryptoMichNL, the cryptocurrency market experienced a broad rally as traders shifted focus to institutional developments. Bitcoin (BTC) rose 3.1% to trade at $108,600, propelled by news of JPMorgan filing a trademark for digital asset services. Similarly, XRP gained 6-7% following reports that asset manager Purpose is set to launch a spot XRP exchange-traded fund (ETF) in Canada. Despite strong altcoin performance, Nansen research analyst Nicolai Søndergaard cautioned that a true altcoin season is not yet here, stating that BTC still leads the market. From a technical perspective, Bitfinex analysts noted that last week's sell-off resembled past capitulation events, suggesting a potential local bottom if BTC can maintain the $102,000-$103,000 support zone. Traders are now closely watching the upcoming Federal Reserve meeting, with Swissblock analysts anticipating significant market volatility based on Chairman Powell's remarks.

According to @GreeksLive, Bitcoin (BTC) is demonstrating resilience, holding near $108,700 despite macro pressures from U.S. tariff threats, a trend HashKey Capital's Han Xu believes shows long-term investor confidence. However, the market exhibits significant indecision, with FxPro’s Alex Kuptsikevich noting that sellers are active near the $110,000 resistance level while dip buyers support the 50-day moving average. This choppiness persists even as crypto ETFs see record inflows, with CoinShares reporting a 12th consecutive week of net inflows totaling nearly $1 billion, pushing total ETF assets under management to an all-time high of $188 billion. Despite strong inflows into Bitcoin, Ether (ETH), Solana (SOL), and XRP products, analysts warn of a potential 'summer lull,' citing data from The Block and Glassnode that shows on-chain activity and implied volatility have fallen to two-year lows. Traders are now focused on the upcoming U.S. Federal Reserve meeting, with analysts like Jeff Mei of BTSE expecting rates to hold steady, while Augustine Fan of SignalPlus suggests a subtle dovish pivot could be on the horizon.

According to @dydxfoundation, several key developments are signaling trading opportunities across the crypto market. A new proposal, EIP-7782, by core developer Barnabé Monnot could double Ethereum's speed by reducing block times from 12 to 6 seconds, potentially enhancing network efficiency and user experience. In the layer-2 space, Matter Labs announced that its new ZKsync prover, "Airbender," can generate Ethereum block proofs in just 35 seconds, which could lead to faster finality and cheaper transaction fees for use cases like high-frequency trading. For XRP holders, RippleX has released version 2.5.0 of the XRP Ledger, introducing significant upgrades like "TokenEscrow" and a "PermissionedDEX" to expand DeFi and enterprise functionality. On the stock market front, which often impacts crypto sentiment, brokerage firm Bernstein raised its price target for Coinbase (COIN) to $510, citing its role as crypto's "universal bank." Meanwhile, Jeff Park of Bitwise Asset Management noted that MicroStrategy's (MSTR) 10-day realized volatility has hit its lowest point since the company began acquiring Bitcoin (BTC), suggesting a period of price consolidation.

According to @dydxfoundation, major technical upgrades are underway across leading blockchains, creating new trading opportunities. A new proposal, EIP-7782, could double Ethereum's (ETH) speed by reducing its slot time to six seconds, with a potential implementation in the 2026 Glamsterdam upgrade, according to core developer Barnabé Monnot. In a significant development for interoperability, Ripple has officially launched the XRP Ledger's EVM sidechain on the mainnet, allowing developers to deploy Ethereum-based dapps using XRP as the native gas token, as stated in a Ripple blog post. The Bitcoin (BTC) ecosystem is also expanding, with the Botanix Layer-2 network going live to offer EVM compatibility and five-second block times. On the institutional front, Wall Street broker Bernstein raised its price target for Coinbase (COIN) to $510, citing its role as crypto's 'universal bank,' while Deutsche Bank is reportedly planning a crypto custody service for 2025. Regulatory developments include Norway's plan to ban new proof-of-work crypto mining and Texas becoming the first U.S. state to create a publicly-funded Bitcoin reserve.

According to @rovercrc, major cryptocurrencies including Bitcoin (BTC), XRP, Solana (SOL), and Dogecoin (DOGE) experienced a price increase following remarks from U.S. Treasury Secretary Scott Bessent. Bessent hinted that the U.S. is close to finalizing trade deals before the July 9 tariff deadline, as reported by Reuters. The report notes that if deals are not reached, higher tariffs announced on April 2 could be reinstated on August 1. This news caused Bitcoin to briefly surpass $109,000, with Ethereum (ETH) rising to $2,550 and DOGE gaining 3%, according to market data. Despite the looming deadline and a threat of new tariffs on Canada, Coinbase analysts noted in a research report that markets have largely shown complacency and disregarded the potential economic risks, a sentiment that has persisted since the initial tariff announcement caused BTC to drop to $75,000 before a 90-day pause was announced.

According to @StockMKTNewz, bets on a 2025 U.S. recession have fallen sharply, with odds on the crypto prediction platform Polymarket dropping to 22%, the lowest since late February. This decline from a high of 66% in April is attributed to easing trade tensions, particularly after U.S. Treasury Secretary Scott Bessent hinted at finalizing trade deals before the July 9 tariff deadline, as reported by Reuters. The improved macroeconomic outlook has fueled a rally in cryptocurrencies, with Bitcoin (BTC) gaining over 1% to briefly top $109,000. Other major assets also rose, with XRP and Solana (SOL) gaining over 2% each, and Dogecoin (DOGE) increasing by 3%, indicating a renewed risk-on sentiment among traders.

According to @KobeissiLetter, Bitcoin's (BTC) price reversed its weekend gains on Monday, slipping below $108,000 as renewed trade war fears impacted investor sentiment. The downturn followed President Trump's move to impose 25% tariffs on Japan and South Korea effective August 1 and threats of further levies against countries aligned with BRICS, as stated by the White House. This negative pressure erased a brief rally over the weekend, where BTC had topped $109,000 on hopes of imminent trade deals hinted at by Treasury Secretary Scott Bessent. The broader crypto market also saw declines, with Ethereum (ETH) and Solana (SOL) down, although XRP showed relative strength with a gain. The price action reflects the crypto market's sensitivity to macroeconomic policies, mirroring losses in the S&P 500 and Nasdaq.

According to @StockMKTNewz, the cryptocurrency market is experiencing significant volatility due to conflicting signals on U.S. trade policy. Reports indicate that President Trump's threats to increase tariffs on Japan, South Korea, and BRICS-aligned nations pushed Bitcoin (BTC) price below $108,000, with Ethereum (ETH), Solana (SOL), and Dogecoin (DOGE) also declining. This downturn erased earlier gains that saw BTC briefly top $109,000 following hints of potential trade deals from Treasury Secretary Scott Bessent. Amid the fluctuations, XRP consistently outperformed the market, posting gains of over 2%. This price action highlights the crypto market's heightened sensitivity to macroeconomic news, particularly U.S. tariff announcements, creating a volatile trading environment.

According to @KobeissiLetter, major cryptocurrencies rallied after U.S. Treasury Secretary Scott Bessent hinted at finalizing trade deals before the July 9 tariff deadline, calming market fears. Bitcoin (BTC) gained over 1%, briefly surpassing $109,000, while Ethereum (ETH) rose 1.5% to $2,550, as cited in the report. Other notable gainers included XRP and Solana's SOL, both up over 2%, and Dogecoin (DOGE), which rose 3%. This positive momentum contrasts with an earlier, more muted market reaction to renewed tariff threats against Canada, which Coinbase analysts noted markets had "largely disregarded." Bessent's comments, reported by Reuters, suggested that countries that do not finalize deals by July 9 could face higher tariffs starting August 1, spurring optimism for imminent resolutions.

According to @KobeissiLetter, the cryptocurrency market rallied following hints from U.S. Treasury Secretary Scott Bessent that trade deals could be finalized before the July 9 tariff deadline. This news prompted a positive market reaction, with Bitcoin (BTC) gaining over 1% to briefly top $109,000, while XRP and Solana (SOL) rose over 2%, and Dogecoin (DOGE) increased by 3%, as cited in the report. Bessent stated that countries failing to secure deals by the deadline would see tariffs revert to higher April levels starting August 1. This market optimism contrasts with the previous Friday's muted price action in crypto and significant losses in related stocks like Coinbase (COIN), which fell 6% amid renewed tariff threats against Canada. The initial tariff announcement on April 2 had previously sent BTC down to $75,000 before a 90-day pause was announced, after which the market began its recovery.

According to @KobeissiLetter, major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), XRP, and Dogecoin (DOGE) rallied after U.S. Treasury Secretary Scott Bessent hinted at finalizing several trade deals before the July 9 tariff deadline. Market data showed Bitcoin briefly surpassed $109,000, with DOGE gaining 3%, while XRP and Solana's SOL token each rose over 2%. This positive movement followed an initially calm market reaction to President Trump's renewed tariff threats against Canada, a situation where markets had "largely disregarded the potential economic risks," as noted by Coinbase analysts in a research report. Bessent stated in a CNN interview, reported by Reuters, that countries would face the previously announced higher tariff levels from August 1 if deals were not reached, creating urgency. In contrast to the crypto rally, related stocks like Coinbase (COIN) and Circle (CRCL) had previously seen significant losses of 6% and 16% respectively.

According to @rovercrc, major cryptocurrencies including Bitcoin (BTC), Dogecoin (DOGE), XRP, and Solana (SOL) experienced a rally following comments from U.S. Treasury Secretary Scott Bessent hinting at new trade deals before the July 9 tariff deadline. The report notes that Bitcoin gained over 1%, briefly surpassing $109,000, while XRP and SOL each rose over 2%, and DOGE saw a 3% increase. Bessent stated in a CNN interview, cited by Reuters, that the administration expects to finalize several deals quickly to avoid the reimposition of higher tariffs announced on April 2. This news provided a bullish catalyst for the crypto market, which had previously seen a sharp decline, with BTC falling to $75,000, when the tariffs were first announced. However, Coinbase analysts noted that markets seem to have 'largely disregarded the potential economic risks' from the tariff situation, suggesting a degree of market complacency.

According to @justinsuntron, major cryptocurrencies including Bitcoin (BTC), Dogecoin (DOGE), and XRP experienced a rally following comments from U.S. Treasury Secretary Scott Bessent hinting at potential trade deals before the July 9 tariff deadline. Market data showed Bitcoin (BTC) gained over 1% to briefly top $109,000, while Dogecoin (DOGE) rose 3%, and XRP increased by over 2%. Bessent stated in a CNN interview that if deals are not finalized, higher tariffs announced on April 2 will take effect on August 1, a development that could impact market sentiment. In separate news, the DeFi protocol associated with Donald Trump, World Liberty Financial (WLF), is collaborating with Re7 Labs to launch a vault for its USD1 stablecoin on the Euler and Lista platforms. This initiative aims to scale the stablecoin's presence on the BNB Chain, enhancing dollar-pegged liquidity for both institutional and crypto-native traders.

According to @FoxNews, major cryptocurrencies including Bitcoin (BTC), XRP, and Dogecoin (DOGE) experienced a rally following comments from U.S. Treasury Secretary Scott Bessent hinting at new trade deals before the July 9 tariff deadline. The source reports that Bitcoin gained over 1%, briefly surpassing $109,000, while XRP and Solana (SOL) each rose over 2%, and Dogecoin (DOGE) saw a 3% increase. This positive market sentiment is linked to Bessent's statement that a failure to secure deals by July 9 would result in higher tariffs being reinstated on August 1, per a Reuters report of his CNN interview. The easing of trade tensions has also led to a significant drop in U.S. recession odds for 2025 on the crypto prediction platform Polymarket, which have fallen to 22%, the lowest since late February. This marks a reversal from April when recession fears peaked after President Trump's 'Liberation Day' tariff announcement caused BTC to drop to $75,000.

According to @rovercrc, the cryptocurrency market experienced a significant rally, with Bitcoin (BTC) rising 3.1% to trade at $108,600, pushing closer to its all-time high. The rally was fueled by positive institutional developments, including a trademark application from JPMorgan for digital asset services and news that asset manager Purpose is set to launch a spot XRP exchange-traded fund (ETF) in Canada. This news caused XRP to surge by 6-7%. Bitfinex analysts noted that recent aggressive selling and a drop in the Fear and Greed Index could signify a market bottom, identifying the $102,000-$103,000 zone as a critical support level for BTC. Trader focus is now shifting to the upcoming Federal Open Market Committee (FOMC) meeting, as Fed Chair Powell's remarks are expected to introduce significant volatility to the market.

According to @cas_abbe, major cryptocurrencies including Bitcoin (BTC), XRP, and Dogecoin (DOGE) experienced a rally following positive remarks from U.S. Treasury Secretary Scott Bessent. Bessent indicated in a CNN interview that several trade deals are close to being finalized before the critical July 9 tariff deadline, as reported by Reuters. This news spurred Bitcoin to briefly surpass $109,000 with a 1% gain, while XRP and Solana (SOL) each rose over 2%, and Dogecoin (DOGE) saw a 3% increase, according to the source article. Traders are closely watching this macroeconomic development, as the failure to secure deals by July 9 could lead to the reinstatement of higher tariffs on August 1, a scenario that previously caused a sharp market downturn with BTC falling to $75,000 on April 2.

According to KobeissiLetter, major cryptocurrencies including Bitcoin (BTC), XRP, and Dogecoin (DOGE) rallied on prospects of new U.S. trade deals before the July 9 tariff deadline. The analysis highlights comments from U.S. Treasury Secretary Scott Bessent, who stated that several trade deals are close to being finalized, which could avert the reinstatement of higher tariffs on August 1. This macroeconomic development is significant for traders, as the initial tariff announcement in April caused BTC to plummet to $75,000 before recovering above $100,000 during a 90-day pause. Current market data shows BTC trading around $108,104. In a contrasting development, markets remained largely unfazed by renewed tariff threats against Canada. Coinbase analysts suggest this complacency stems from a belief that the tariffs will not be as inflationary as previously feared. This sentiment is reflected in recent price action, with crypto stocks like Coinbase (COIN) and Circle (CRCL) falling 6% and 16% respectively, while major cryptocurrencies saw more muted movements.