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Crypto Bulls Charge: Bitcoin, XRP, and Monero Defy Gravity Amid Market Frenzy

Crypto Bulls Charge: Bitcoin, XRP, and Monero Defy Gravity Amid Market Frenzy

FxStreet-Crypto
Release Time:
2025-04-28 18:12:45
0

Bitcoin smashes through resistance levels while XRP and Monero play catch-up—just another day in the casino-like crypto markets.

Analysts scramble to justify price movements with ’institutional adoption’ narratives, ignoring the elephant in the room: speculative froth.

Meanwhile, Wall Street quietly loads up on BTC futures—because nothing says ’hedge against inflation’ like a volatile digital asset.

Crypto Today: Monero goes viral as BTC price targets $100K ahead of Trump’s 100-day speech

Cryptocurrency markets experienced a mild uptick on Monday, reclaiming the $3.1 trillion mark, according to Coingecko’s aggregate data. United States (US) President Donald Trump is expected to deliver a speech to Congress commemorating his 100th day in office on Monday. 

Bitcoin ETFs Flows | Source: Farside

XRP gains amidst crypto market recovery, futures ETFs approval

XRP climbs over 3% on Monday, hovering around $2.33 at the time of writing. The rally is likely catalyzed by key market movers like XRP futures Exchange Traded Funds (ETFs) approval by the US financial regulator, the Securities and Exchange Commission (SEC), and a bullish outlook from technical indicators amid a broader crypto market recovery. 

XRP/USDT daily price chart

Bitcoin Price Forecast: BTC eyes $97,000 as institutional inflow surges $3.06 billion in a week

Bitcoin (BTC) price is stabilizing above $94,000 at the time of writing on Monday, following a 10% rally the previous week. The institutional demand supports a bullish thesis, as US spot Exchange Traded Funds (ETFs) recorded a total inflow of $3.06 billion last week, the highest weekly figure since mid-November. The technical outlook suggests that a successful breakout above $95,000 could lead to a rally toward $97,000. 

BTC/USDT daily chart

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