XRP BLOCKCHAIN ​​HALT claims of interest spark in the market | Flash news details

On February 5, 2025, at about 14:35 UTC, the Professor XRP book witnessed an unexpected endowment in its Blockchain operations, as mentioned by Gordon on X (previous UTC). This accident caused immediate concern between merchants and investors, which led to great fluctuations in the price of XRP. At stopping, XRP was traded at $ 0.65 on the XRP/USD pair, with a sudden decrease to $ 0.58 in the first 15 minutes after the announcement (Source: Coingecko, February 5, 2025, 14:50 pm UTC). The trading volume on the XRP/USD pair increased from 100 million XRP to 250 million XRP during the same period (Source: CoinmarketCAP, February 5, 2025, 14:50 UTC). This event also affected other commercial pairs, such as XRP/BTC, as the price of XRP against Bitcoin decreased from 0.000015 BTC to 0.000012 BTC (Source: Binance, February 5, 2025, 14:50 UTC). The scales on the chain indicated a sharp increase in the number of active addresses, as it rises from 100,000 to 150,000 after that (Source: XRP Scan, February 5, 2025, 14:50 UTC). This yarn is attributed to a mistake in the decisive software that was quickly addressed by the Ripple development team, with Blockchain Appeals at 15:10 UTC (Source: Official Ripple statement, February 5, 2025, 15:10 UTC).

The trading effects to stop the Professor XRP book were deep. The sudden decrease in the price of XRP against both the US dollar and BTC has increased significantly, as merchants rushed to liquidate their positions to reduce losses. The XRP and greed index increased from 45 to 75, indicating an increase in fear among investors (Source: Alternative.me, February 5, 2025, 15:00 UTC). This event also affected other encrypted currencies, as the maximum market decreased by 2 % in the following hour of advertisement (Source: Coinmarketcap, February 5, 2025, 15:00 UTC). The trading volume on other major stock exchanges such as Coinbase and Kaken for XRP pairs increased by 150 % and 120 %, respectively, as traders sought to take advantage of volatility (Source: Coinbase and Kraken Trading Data, February 5, 2025, 15:00 UTC). The Halt effect was also evident in the options market, as the implicit fluctuations of XRP options rise from 60 % to 90 % (Source: Deribit, February 5, 2025, 15:00 UTC). The accident highlighted the importance of the Blockchain powerful infrastructure and the potential risks associated with the central elements within the decentralized systems.

The technical analysis of the XRP price movement revealed many major indicators. The graph for one hour showed a drowned pattern at the time of stopping, indicating a possible reflection (Source: TradingView, February 5, 2025, 15:00 UTC). The Relative Power Index (RSI) decreased from 55 to 30, indicating that XRP has entered into the sale area (Source: TradingView, February 5, 2025, 15:00 UTC). It was done via the MACD medium rapprochement line at the bottom of the signal line, confirming more landmarks (Source: TradingView, February 5, 2025, 15:00 UTC). Trading volumes on the graph for an hour increased by 200 %, from 5 million XRP to 15 million XRP, which reflects the increasing market activity (Source: TradingView, 5 February 2025, 15:00 UTC). The scales on the chain showed a rise in transactions fees, with an average of the average fees from 0.00001 XRP to 0.00003 XRP due to the network congestion during stopping (Source: XRP SCAN, February 5, 2025, 15:00 UTC). These indicators indicate that merchants must closely monitor the prices of XRP in the hours and days, as the market adapts to the stoppage.

In the context of developments in artificial intelligence, there was no direct connection to this specific event with the suspension of the Professor XRP book. However, the total market morale that is affected by such events can affect the symbols associated with the prosecution. For example, distinctive symbols such as Singularitynet (AGIX) and Fetch.ai (Fet) have seen a slight decrease in the price, with AGIX decreased from $ 0.80 to $ 0.75 and Fet from $ 0.50 to $ 0.45 within the next hour for Halt XRP (Source : Coingeck, February 5, 2025, 15:00 UTC). This indicates the transformation of the broader market morale rather than the direct AI-Crypto connection. However, traders must remain vigilant for any changes in the trading volume of AI or market morale transformations that can provide opportunities for trading in the Crypto Crossover space.