Why Bitcoin, Ethereum, XRP Prices are Down Today?

The crypto market today is feeling the weight of macroeconomic and geopolitical risks. Successively, the valuation of the industry has dropped to $3.2 trillion, with a 1.10% decline in the past 24 hours. Meanwhile, the 24-hour trading volume has surged over 42% to hit $114.74 billion, signaling heightened volatility and possibly panic-led sell-offs.

Amidst the ruckus, the Fear & Greed Index has moved to 43, placing the market in the neutral zone. Rising tensions in the Middle East and uncertainties around the potential restoration of Trump-era trade policies are spooking both traditional and digital asset investors. Let’s take a closer look at how this is impacting Bitcoin, Ethereum, and XRP.

Bitcoin BTCUSDT Price Prediction: Can It Hold Above $102k?

Bitcoin price today is at $103,491, down 0.94% in the past 24 hours. The daily low sits at $102,372, suggesting that the price is hovering dangerously close to key support levels. The 38% uptick in 24-hour volume to $50.25B indicates aggressive intraday trading, but not necessarily bullish accumulation. 

If BTC fails to maintain support at $102,000, a further slide toward $100,000 or even $98,500 is highly likely. However, if the market finds temporary relief and BTC reclaims $105,000, a short-term recovery toward $107,000–$108,000 may be on the cards. 

Curious about BTC’s year-end target? Read our Bitcoin BTCUSDT Price Prediction 2025, 2026-2030!

Ethereum ETHUSDT Price Prediction: $2,400 or $2,300 First?

Ethereum is bearing the brunt of today’s drop, plunging 3.59% to $2,423.62. The altcoin has seen its daily trading volume crash by over 76%, now at $21.59 billion. With a daily low of $2,371, ETH is testing a crucial demand zone. 

If it breaks below $2,370, the next key support lies around $2,300, followed by $2,200. It is worth noting that to initiate a recovery, ETH must climb back above $2,500. That being said, a push beyond $2,570 could invalidate short-term bearish setups and open a route toward $2,650.

Hodling ETH? Check out our Ethereum ETHUSDT Price Prediction 2025, 2026-2030 Now!

XRP Price Prediction: Is a Drop Below $2 Next?

XRP price has slipped 1.16% over the past 24 hours to trade at $2.12, with a low of $2.09. Despite the modest drop compared to ETH, the volume has surged 45.9% to $2.49 billion, which I believe, that larger holders are offloading positions.

If bearish pressure intensifies, XRP may retest $2.00, a support that could give way to a drop toward $1.90. Contrarily, reclaiming $2.18 could spark a minor relief rally toward $2.30.

Curious about XRP’s future returns? Read our Ripple XRPUSDT Price Prediction 2025, 2026-2030 Now!

FAQs

Bitcoin is reacting to macroeconomic uncertainty, including tensions in the Middle East and fears surrounding potential Trump-era policy rollbacks.

Given the sharp volume decline and price weakness, Ethereum could test the $2,300–$2,200 range if the bulls don't step in soon.

If current bearish momentum continues, XRP could slide below $2, targeting $1.90 as the next major support.