Bitcoin trades below $70,000 amid hopes for a ceasefire in the U.S.-Iran war. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $69,818.36 Ethereum (CRYPTO: ETH) $2,143.01 Solana (CRYPTO: SOL) $81.68 XRP (CRYPTO: XRP) $1.33 Dogecoin (CRYPTO: DOGE) $0.09184 Shiba Inu (CRYPTO: SHIB) $0.055957 Notable Statistics: Coinglass data shows 84,159 traders were liquidated in the past 24 hours for $330.88 million.
XRP faces rising short-squeeze risk as Binance liquidity nears zero, open interest climbs, and crowded bearish bets leave thin books prone to swings.
XRP's thin liquidity and rising shorts create a fragile setup, where small moves could trigger sharp volatility.
XRPL validator Vet warned XRP builders after the $280 million Drift exploit showed how social engineering can defeat workflows and access controls. The attackers reportedly spent months building relationships, joining group chats, and even contributing $1 million before moving through a testflight app, cloned repository, and editor vulnerability.
Ripple prepares for XRP-Tokyo 2026 in Japan, focusing on institutional XRP adoption, DeFi growth, and blockchain payments.
XRP records a notable growth of its network, with more than 8 million addresses now recorded. At the same time, its price remains under pressure and shows a marked decline since the beginning of the year.
XRP open interest nears a two-week high as price weakens, signaling fresh short bets and rising leverage that could fuel sharper volatility ahead.
Crypto pundit Remi has explained the impact that the Japanese Bond gap could have on the XRP price reaching $150. This came as he declared that the rising Japanese 10-bond yield is a good thing for XRP holders but bad for the world.
Data shows the XRP Open Interest rose alongside Funding Rates turning red, a sign that traders opened new short positions related to the coin. XRP Has Witnessed A Surge In Open Interest Recently As pointed out by CryptoQuant community analyst Maartunn in a Sunday X post, the XRP Open Interest witnessed a sharp surge.
XRP holders are feeling the pain of the recent market downturn.
A 10 billion yen blockchain bond launched earlier this year by SBI Holdings may say more about Japan's XRP ambitions than any price prediction could. Crypto commentator Stellar Rippler brought the SBI CEO's remarks to light, sparking fresh debate over XRP's outlook.
Ripple hosts XRP Tokyo 2026 on April 7 in Japan, spotlighting institutional XRP adoption, XRPL utility, and blockchain finance use cases.