Daily Crypto Signals: Bitcoin Eyes $113K, XRP Eyes SWIFT Disruption After SEC Victory
Bitcoin rebounds to $111,000 amid analyst predictions of potential 10% correction before rallying to $150K. XRP gains legal clarity after
Quick overview
- Bitcoin rebounds to $111,000 with analysts predicting a potential 10% correction before a rally to $150,000.
- XRP gains legal clarity after a settlement with the SEC, positioning Ripple to challenge traditional payment systems like SWIFT.
- Ethereum faces scrutiny over its long-term viability as network revenue declines despite rising prices.
- El Salvador celebrates four years of Bitcoin use, showcasing its strategic reserve while reducing government involvement in the crypto sector.
Bitcoin BTC/USD rebounds to $111,000 amid analyst predictions of potential 10% correction before rallying to $150K. XRP XRP/USD gains legal clarity following SEC settlement, positioning Ripple to challenge traditional payment systems.
Crypto Market Developments
Over the weekend, the cryptocurrency market sent contradictory signals as major digital assets dealt with unclear regulations and technical resistance levels. El Salvador celebrated the fourth anniversary of its use of Bitcoin by showing off its strategic reserve of over 6,313 BTC worth $702 million. This was despite the fact that the government had lately cut back on its involvement in the sector. Paxos, a company that builds infrastructure for stablecoins, suggested releasing USDH, a Hyperliquid-first compliant stablecoin that would use 95% of its interest earnings to purchase back HYPE tokens. The news drew attention to the increased interest from businesses in blockchain solutions that follow the rules. This is especially true because the GENIUS Act makes it easier for people to use digital assets.
Michael Saylor’s net worth has gone up by $1 billion since January, and he is now worth $7.37 billion, according to Bloomberg’s Billionaire Index. His participation with crypto giants like Coinbase CEO Brian Armstrong ($12.8 billion) and Binance founder Changpeng Zhao ($44.5 billion) shows how wealth is becoming more concentrated in the digital asset market.
Bitcoin Getting Ready to Test $113,000 Resistance?
Bitcoin showed strength by getting back to the $111,000 mark during the weekly close on Sunday, achieving local highs of $111,369 after holding on to important support at $110,000. After US macroeconomic data caused a drop, the small 1% daily gain was seen as a good technical development by analysts. Michaël van de Poppe, a crypto trader, said that breaking through $112,000 might “fire up the bull run,” and that the fact that $110,000 support has held up shows that the present bull market structure is strong.
Technical analysis shows that there is strong resistance between $112,000 and $113,000, but traders have different ideas about what will happen to prices in the short run. Analyst Cipher X cautioned that not getting back to $112,000 might lead to new lows. Crypto Tony, on the other hand, said that there were only two possible outcomes: either a breakout over $113,000 that would lead to new highs or a rejection that would lead to a dip to $100,000. Fibonacci retracement research backs up the idea of a maximum 10% decline, with the 0.382 level around $100,000 being the “worst case scenario” before a possible 50% rally above $150,000, which is similar to what has happened in past market cycles.
Ethereum’s Long-Term Viability in Question?
Ethereum ETH/USD had a hard time with generating revenue in August, even if the price hit an all-time high of $4,957. Network revenue fell 44% to $14.1 million from July’s $25.6 million. This drop happened at the same time as ETH prices went up 240% since April, which shows how disconnected price performance is from basic network metrics. Network fees also went down 20% from month to month, from $49.6 million to $39.7 million. This was mostly because the Dencun upgrade made layer-2 transactions less expensive.
The drop in revenue has made the discussion over Ethereum’s long-term viability even more heated. Critics question the sustainability of its economic model, while supporters continue to see it as the backbone of decentralized finance. Etherealize raised $40 million in September to market Ethereum to publicly traded corporations, which shows that institutional interest is still growing. Bitwise CIO Matt Hougan talked about how Ether appeals to traditional investors. He said that staking allows corporations to make money from their ETH holdings, which makes it easier for institutional investors to understand and value.
Can Ripple and XRP Overtake SWIFT After Legal Victory?
XRP is stronger than ever after a long legal struggle with the SEC. Both sides dropped their appeals in August 2025 after the Trump administration changed its rules to be more sympathetic to cryptocurrencies. The years-long securities action, which started in December 2020 and ended with a $125 million civil penalty, has given XRP a level of legal clarity that few other cryptocurrencies have. This clear regulatory position has led to a huge 400% price gain over the past year, with the token being worth $2.88 as investors factor in its new compliance status.
Now that the legal issues are settled, Ripple can get back to its main goal: taking on SWIFT’s supremacy in international payments. SWIFT handles more than 53 million communications every day for 11,500 institutions, yet its own data shows that it takes several days to settle transactions, charges hefty fees, and has a 10% failure rate. Ripple has better technology that settles transactions faster and costs less, but it has to deal with SWIFT’s 50-year network effect and institutional inertia. Cassie Craddock, Ripple’s managing director, says that blockchain should add to, not replace, existing infrastructure. Stablecoins like Ripple USD give traditional banks tools they are already familiar with that help them move to blockchain technology while still following the rules.
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