XRP and DTX Exchange Defy Bearish Pressure as Bitcoin Price Collapses to $96,000 – Blockchain News, Opinions, TV and Jobs

While in BTC news, Bitcoin price briefly touched $100,000 before falling below $96,000 amid bearish sentiment, two projects: XRP and DTX Exchange are defying market pressures.

A resurgence in XRP prices, supported by favorable regulatory prospects and DTX Exchange’s revolutionary approach to financing, shows opportunity even in a volatile market. Let’s take a closer look at BTC news along with XRP price and DTX forecast.

Bitcoin Price Crashes Below $96K: What Triggered the Sell-Off?

In the latest BTC news, on January 8, 2025, the price of Bitcoin dropped significantly, falling below $95,000 after temporarily crossing the $100,000 threshold earlier in the week. This move coincides with significant selling by shareholders in the short term Transfer more than 26,000 BTC It is worth about $2.4 billion to the exchanges.

According to market information portal data CryptoquantThe main forces driving this market movement were short-term Bitcoin holders or individuals who owned Bitcoin for less than 155 days. Because of their decision to move their assets to the exchanges at a loss, these investors amplified selling pressures in the market.

The timing of this sell-off corresponds with the price of Bitcoin pulling back from its recent approach to the psychological barrier of $100,000, a price point that has generated significant interest from market participants and observers alike.

source: CoinMarketCap

Trump’s Pro-Crypto Policies: A Catalyst for Ripple’s XRP Bull Market

Since the US presidential election on November 5, 2024, Ripple’s XRP price exists It saw a huge rise, rising by more than 400%. The main reason for this rise is expectations that President-elect Donald Trump will improve the regulatory environment for cryptocurrencies.

Additionally, Ripple currently has a stronger regulatory standing in its legal battle with the US Securities and Exchange Commission (SEC). With increased acceptance and integration into financial institutions, this may enhance confidence in XRP’s status as a non-security currency.

It is also believed that Ripple’s Recent approval of RLUSDIts stablecoin, by New York Money Services, would increase the price of XRP and encourage its use in Ripple’s online cash system. Having said that, it is important to acknowledge that the Bitcoin price market is still not very stable.

Although Ripple’s regulatory milestones and historical patterns may provide valuable insights, they may not guarantee future results.

DTX Exchange: Revolutionizing finance through innovation

Another project after Ripple’s XRP price that is defying bearish market pressures following the Bitcoin price collapse is DTX Exchange (DTX). It is a soon-to-launch platform that aims to address some of the most common issues that traders routinely face such as high costs, lack of asset diversification, centralization, counterparty risk, and restricted access.

The platform plans to address these issues by bridging the gap between centralized and decentralized finance and bringing the best of both under one platform. Their custody portion is completely decentralized, yet performance mimics a centralized exchange.

DTX Exchange (DTX) It offers a wide range of assets including stocks, ETFs, forex, bonds, cryptocurrencies and more with the option to leverage up to 1000x. This makes it an excellent combination, allowing traders and investors to access all of this through one unified interface.

To further up the game, the platform leverages its own distributed liquidity pool to reduce slippage. Besides, it offers cutting-edge security, KYC policy regulation, ETF tokenization, high profit potential, and much more that is yet to be revealed.

Final thoughts

In Bitcoin news, BTC price fell below the $96,000 level causing a major market pullback. However, Ripple (XRP) has emerged as an exception alongside DTX Exchange (DTX) which is currently in the pre-sale phase and is generating buzz as it recently crossed a major milestone of raising $11.5 million in funding.

Each DTX token is available for purchase at just $0.14. This price point has generated great returns for early investors and still has margin to deliver 10x returns for those who jump on board now.

Check out these links for more information about DTX Exchange:

Pre-sale purchase

Visit the DTX website

Join the DTX community