Daily Crypto Signals: Bitcoin Surges Past $125K, XRP Shows Bullish Technical Signals as Market Rallies
Bitcoin reached a new all-time high above $125,700 over the weekend, driven by macroeconomic factors including the US government shutdown
Quick overview
- Bitcoin reached a new all-time high above $125,700, driven by macroeconomic factors such as the US government shutdown and a weakening dollar.
- XRP is showing a historically bullish technical pattern that has previously led to significant price rallies of up to 500%.
- Bitcoin's market capitalization temporarily surpassed $2.5 trillion, indicating a major shift in market expectations for monetary policy.
- Analysts predict that XRP could rise significantly if historical patterns repeat, potentially reaching prices as high as $15.
Bitcoin BTC/USD reached a new all-time high above $125,700 over the weekend, driven by macroeconomic factors including the US government shutdown and a weakening dollar on track for its worst year since 1973. Meanwhile, XRP XRP/USD is displaying a historically bullish technical pattern on its 3-day chart that has previously preceded significant price rallies of up to 500%.
Crypto Market Developments
The cryptocurrency market saw a lot of action over the weekend as a number of things came together to drive digital assets to new highs. For the first time in crypto history, Bitcoin’s market capitalization temporarily went over $2.5 trillion. At the same time, larger market signs point to a major change in expectations for monetary policy.
Market analysts at The Kobeissi Letter say that the rise of both safe-haven assets and risk-on investments at the same time is a “generational” macroeconomic shift. The S&P 500 stock market index has gone up more than 40% in the last six months, while gold is trading at all-time highs, close to $4,000 per ounce. In 2024, the correlation coefficient between gold and the S&P 500 hit an all-time high of 0.91. This shows that the markets are taking into account new expectations for monetary policy.
In other news, DeFiLlama said it is removing volume statistics for the Aster decentralized exchange platform because it is worried about the accuracy of the data. The amount of perpetual futures traded on Aster is about the same as the amount traded on Binance, with a correlation factor of about one. This raises issues regarding possible wash trading. At the same time, Stripe CEO Patrick Collison said that stablecoins will make traditional banks give competitive interest rates on deposits. He pointed out that savings rates in the US and Europe are now below 1%.
Bitcoin Crosses $125,700, Makes New ATH
Bitcoin (BTC) broke through $125,700 over the weekend, reaching a new all-time high and marking a big step forward in the cryptocurrency’s price discovery phase. Analysts are now calling for a new accumulation phase because of the surge. This might lead to more gains toward $150,000 by the end of the year. The price rise was backed by a number of macroeconomic factors, but the recent US government shutdown was the most important one.
The shutdown, which started on Wednesday and is the first one since 2018, has brought up the debate about Bitcoin’s store-of-value argument again. Fabian Dori, Sygnum Bank’s chief investment officer, said that political dysfunction is making people more interested in decentralized assets as trust in traditional institutions fades. Digital assets have gotten more attention because of the general state of loose liquidity, a service-led speed-up of the business cycle, and Bitcoin’s decreasing underperformance compared to stocks and gold.
The US dollar’s weakening is another big reason, as it is on track to have its worst year since 1973, down more than 10% so far this year. Analysts say there is a “widespread rush into assets” since the dollar has lost 40% of its buying power since 2000. The Federal Reserve keeps decreasing interest rates, which is good for Bitcoin’s value because inflation is rising and the job market is getting worse. Big changes to the US jobs data that show the economy is having problems are more signs that Bitcoin is a good alternative store of value.
Can XRP Cross Resistance at $3.10?
XRP (XRP) has held support above $2.90 and tried several times to break over $3.10 during the past week. It has been stable above $3, even if it hasn’t fully followed the recent rises in Bitcoin and Ethereum. The way the price of the cryptocurrency has moved has formed a strong technical setup that has historically been the start of big upward rises, making traders think that history might repeat itself.
A technical examination of XRP’s 3-day candlestick chart shows that the cryptocurrency is following a pattern that has happened before throughout this market cycle and led to rallies. The setup includes a solid closing on the 3-day candle and a bullish cross on the 3-day RSI indicator, which shows changes in market sentiment. This exact setup happened in November 2024, April 2025, and June 2025, and each time it came before big price changes.
The signal from November 2024 was the most important, causing a huge price rise of 500% that saw XRP go from about $0.50 to more over $3 in the weeks that followed. The event in April 2025 caused a smaller but still significant rise, from about $1.90 to $2.70. The June 2025 signal came before XRP’s most recent surge, which took it to a new all-time high of $3.65. XRP is currently trading around $3.02, and the return of this technical pattern signals it may be getting ready for another upward rise.
Cryptoinsightuk, a crypto analyst, said that if history repeats itself in a way similar to the rally in April, XRP might rise above $3.80 in the next few weeks. If the pattern from November continues, prices might go as high as $15 in more optimistic scenarios. The technical setting also comes at a time when the market is waiting to see if the US Securities and Exchange Commission will approve Spot XRP ETF applications. If they do, this could give the cryptocurrency even more upward momentum.
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