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Ripple linked token rockets 18% as bitcoin breaks $70,000

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(Coinglass)

XRP staged a sharp rebound on Friday, rising about 18% over 24 hours to trade near $1.49 after a deep selloff a day earlier made it the worst performer among major tokens.

The move came as bitcoin briefly rose over $70,000 in U.S. morning hours, reversing Thursday’s sharp declines ahead of the weekend.

The bounce came after XRP collapsed to roughly $1.14 in the prior session, a move that triggered heavy liquidations and flushed out traders who had been leaning too hard on leverage.

Data shows short liquidations of roughly $26 million in the past 24 hours, compared with around $30 million in longs from earlier Thursday.

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That imbalance matters. It suggests the market wasn’t reacting to fresh bad news as much as it was mechanically clearing out bullish bets as prices slid. Once those positions were forced shut, selling pressure eased and XRP was able to rebound quickly.

The recovery also comes at an awkward time for XRP’s broader narrative. Ripple and its ecosystem have spent the past week pitching a more institutional future for the XRP Ledger, including plans for permissioned markets, lending and privacy tools.

Flare, a closely watched project trying to bring DeFi-style utility to XRP through FXRP, also expanded institutional access through custody firm Hex Trust.

But none of that helped XRP sentiment when the market cracked.

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Friday’s rally, then, looks less like investors suddenly buying into the “institutional DeFi” pitch and more like a classic crypto snapback: a steep fall, a leverage wipeout, then a fast rebound once forced sellers are gone.

Meanwhile, a ratio of bullish versus bearish bets on futures tracking XRP shows retail longs got rinsed, but big traders were leaning the other way.

On Binance, the overall account-based long/short ratio is 2.13 as of Friday, meaning there were about 2x more accounts positioned long than short. That’s usually a sign of crowded bullish positioning — lots of smaller traders expecting a bounce.

But at the same time, Binance’s top trader long/short (positions) is ~0.73, which means the biggest traders on Binance were net short.

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(Coinglass)

That split suggests XRP’s dump wasn’t random: it likely ran into a market where smaller traders were stubbornly long, while larger players were positioned to profit from a flush.

And once those longs were cleared, XRP did what it usually does after a wipeout: it snapped back violently, because there wasn’t much selling left.

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HYPE Price Hits $33.98 with $1.25B Volume Amid Strong Bullish Momentum

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21Shares Introduces JitoSOL ETP to Offer Staking Rewards via Solana

TLDR:

  • HYPE price rises to $33.98 with a 5.69% gain in the last 24 hours, showing strong market activity. 
  • Weekly gains reach 13.52%, signaling increasing investor confidence and positive market momentum. 
  • $1.25B trading volume indicates high liquidity and sustained active participation from traders. 
  • Accumulation zones and chart structure support potential continued upward price movement.

 

The price of Hyperliquid (HYPE) is $33.98 today with a 24‑hour trading volume of $1,256,990,922. This represents a 5.69% increase in the last 24 hours and a 13.52% gain over the past week. 

HYPE’s current trading dynamics underscore heightened trading activity and renewed interest in the asset’s trend trajectory. 

Shorting Strength and Accumulation Setup

HYPE reached $50 after moving along the upper boundary of a rising channel. Momentum indicators clearly showed weakening strength, and repeated attempts to push higher were met with selling pressure. 

This structure allowed traders to identify a short opportunity at $50. The short strategy targeted the $20 demand zone while ignoring intraday noise and social sentiment. 

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Price respected this zone precisely, resulting in a 60% decline. Spot trading without leverage ensured risk remained controlled, demonstrating disciplined execution instead of emotional reaction.

After the price drop, HYPE entered the $20–$15 accumulation zone. This region coincided with previous high-volume support levels and long-term structural lows. 

Retail sentiment had incorrectly anticipated further declines to much lower levels, but the chart indicated selling pressure was nearly exhausted.

Price began consolidating and absorbing supply, confirming this as an optimal accumulation point. Buyers could establish positions without chasing price, allowing a stress-free entry.

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This accumulation phase reinforced the importance of timing trades according to structure rather than market noise.

Shorting into strength and identifying the accumulation zone together formed a high-probability setup. Traders following trend channels and structural support avoided emotional trading and ensured disciplined entry points, laying the foundation for the next phase of the cycle.

Long Flip and Controlled Bullish Expansion

Once short profits were secured, the bias flipped long at $20. Traders maintained spot positions without leverage, reducing risk and avoiding unnecessary stress. 

Price steadily advanced to $35–$38, achieving an 86% gain from the accumulation entry. February derivatives data showed OI-weighted funding rates largely positive, signaling sustained bullish participation. 

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Occasional red dips coincided with minor pullbacks, which were quickly absorbed as the price reclaimed higher levels. This pattern reflected a balanced and controlled market expansion.

Funding spikes near the $35–$38 zone remained contained. This indicated market participants were positioning for continuation rather than overleveraging. 

Price respected structure while forming higher lows and reclaiming mid-channel ranges, creating a predictable environment for trend-following traders.

This phase highlights disciplined execution. Controlled entries based on accumulation, trend channels, and monitoring derivatives data ensure stress-free, sustainable gains. 

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Traders following this structured approach benefited from predictable price action while minimizing risk.

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A $5,000 investment in Remittix could turn into $25,000 this month

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A $5,000 investment in Remittix could turn into $25,000 this month

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Remittix gains attention with live utility and 300% bonus, attracting selective investors amid market turbulence.

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Summary

  • Remittix leads the crypto rotation with live PayFi utility, a 300% bonus, and $28.9m raised in private funding.
  • Built on Ethereum, Remittix targets $19 trillion cross-border payments, enabling real-time crypto-to-fiat transfers globally.
  • Investor confidence rises as Remittix completes CertiK audit, ranks top on Skynet, and secures BitMart and LBank listings.

This week in Crypto has been characterized by heavy selling on centralized exchanges as Bitcoin dropped to new lows in 2026 following the violation of key support levels. Risk appetite has calmed down a lot, and fund managers of top institutions are also rebalancing their portfolios as macroeconomic challenges continue to hit many digital assets. 

The majority of altcoins have followed the same free-fall Bitcoin has shown, and with correction taking place, capital flows now paint a more stratified image. An increasing number of investors are choosing to place selective investments in projects that show real progress, solid schedules, and strong asymmetric potential.

One name now dominating that rotation is Remittix, a PayFi-focused Ethereum protocol that is rapidly gaining attention thanks to a rare combination of live utility and a time-limited 300% bonus window that analysts say materially changes the short-term risk-reward profile.

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Remittix’s PayFi model is built for real adoption, not market cycles

Remittix is positioning itself squarely at the intersection of crypto and real-world finance. Built on Ethereum, the protocol is here to bridge the inefficiencies that businesses and individuals encounter when trying to send money internationally.

The top Defi project is on course to become one of the biggest players in the $19 trillion global cross-border payments market, enabling direct crypto-to-fiat transfers with real-time settlement to bank accounts in 30+ countries, providing real-time utility to businesses, merchants, and individual clients. This execution-only strategy is among the reasons why investor interest has been so strong despite the broader markets retreating.

Strong backing has also helped boost confidence. According to recent reports, Remittix has already raised over $28.9 million in private capital, which reflects continued involvement of institutional and high-net-worth investors. 

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On the exchange front, listings on BitMart and LBank are already confirmed, with additional centralized exchange discussions reportedly ongoing. From a security standpoint, the project has completed a full CertiK audit and currently holds a leading pre-launch ranking on CertiK Skynet, adding an independent layer of credibility at a time when trust matters.

Remittix latest bonus incentive fuels aggressive capital influx

While infrastructure and adoption underpin the long-term thesis, near-term momentum around Remittix is being driven by its active deposit incentive tied to the native RTX token. According to official project updates, participants can receive up to a 300% bonus on qualifying deposits, one of the most aggressive incentive structures currently available in the market.

This dynamic is why some analysts suggest scenarios where relatively modest capital allocations can be meaningfully amplified during the campaign window. With the bonus applied, a $5,000 deposit can translate into substantially higher effective token exposure, creating a setup that many market commentators have described as unusually favorable under current conditions.

Additional factors reinforcing momentum include:

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  • Confirmed listings on BitMart and LBank
  • Live crypto-to-fiat settlement across 30+ countries
  • A growing and active global holder community
  • A functional Remittix wallet is already live
  • A clear roadmap centered on measurable PayFi adoption

February 9, 2026 PayFi launch anchors the long-term thesis

Beyond the bonus-driven surge, Remittix has confirmed that its full PayFi platform will officially go live on February 9, 2026. That milestone provides a concrete timeline, something increasingly valued as markets mature and speculative narratives lose favor.

As volatility reshapes capital allocation strategies, investors are becoming more selective. Projects with audited security, working products, exchange access, and real-world relevance are increasingly separated from the noise. With its PayFi infrastructure already live and a limited-time bonus amplifying early exposure, Remittix is being framed less as a short-term trade and more as a calculated positioning play ahead of broader adoption.

For more information, visit the official website, and socials.

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.

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XRP price risks drop to 50 cents, single-print candle theory holds

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XRP price risks drop to 50 cents, single-print candle theory holds - 1

XRP price remains vulnerable to further downside as unresolved single-print imbalances continue to exert technical pressure toward the $0.50 support zone.

Summary

  • Value area low has been lost, confirming bearish continuation
  • Single-print imbalance remains unfilled, acting as a downside magnet
  • $0.50 is critical support, where a potential macro pivot may form

XRP (XRP) price action has turned decisively bearish following an impulsive move to the downside, with structural weakness continuing to dominate the chart. After losing key value levels, the market has failed to regain bullish control, despite short-lived buying reactions.

From a long-term perspective, XRP appears to be trading within a broader corrective phase, with unfinished price structures remaining exposed below current levels.

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One of the most notable technical features influencing the current outlook is the presence of a single-print candle imbalance. This structure, which often acts as a magnet for price, suggests that XRP may need to trade lower to complete unfinished auction activity before any meaningful macro pivot can occur.

XRP price key technical points

  • Value area low has been lost, confirming bearish continuation
  • Single-print imbalance remains partially unfilled, creating downside magnet
  • $0.50 marks the base of the single-print structure, a critical high-timeframe level
XRP price risks drop to 50 cents, single-print candle theory holds - 1
XRPUSDT (1W) Chart, Source: TradingView

XRP’s decline accelerated after the price failed to hold above the value area low, a key indication that buyers were unable to maintain acceptance at higher prices. Once this level was lost, the price fell aggressively, producing a bearish impulse that established a new swing low around $1.11.

Although price has since printed a buying tail, suggesting short-term demand, this reaction has not altered the broader market structure. Lower highs and weak follow-through continue to define price behavior, indicating that any upside moves remain corrective rather than trend-changing. As long as XRP remains below reclaimed value, downside risk stays elevated.

Understanding the single-print candle imbalance

Single-print candles occur when price moves rapidly through a zone without sufficient two-way trade, leaving behind an area of inefficiency. From a market profile and auction theory perspective, these zones are often revisited as price seeks to rebalance and complete unfinished business.

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In XRP’s case, a high-timeframe single-print structure has been exposed, with only part of the imbalance filled during the recent decline. The upper portion of the single prints has already been retraced, but the base of the structure remains open. This unfinished area is located near the $0.50 level, creating a strong technical incentive for price to rotate lower.

Historically, markets show a high probability of revisiting these imbalances, particularly when broader structure aligns with bearish momentum, as is currently the case with XRP.

$0.50 emerges as a critical support zone

The $0.50 region is not only the base of the single-print candle but also aligns with a high-timeframe support zone. This convergence increases the importance of this level and makes it a key decision point for the market.

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A move toward $0.50 would likely represent a continuation of the current corrective phase rather than a breakdown into uncharted territory. Such moves are often necessary to flush remaining weak hands and reset positioning before a potential macro pivot can form.

However, reaching support does not automatically imply a reversal. The reaction quality at $0.50, including volume expansion, rejection wicks, and structural behavior, will ultimately determine whether XRP can form a durable bottom or continue consolidating at lower levels.

What to expect in the coming price action

From a technical, price-action, and market-structure perspective, XRP remains biased toward further downside until the exposed single-print imbalance is fully resolved. The $0.50 level stands out as the most likely target for this rebalancing process and a zone where the market may attempt to establish a macro pivot.

If price reaches this level and shows strong acceptance and demand, it could mark the beginning of a broader base-building phase. Conversely, a weak reaction or continued acceptance below support would suggest prolonged consolidation before any sustained recovery.

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For now, XRP remains structurally weak despite a short-term balance, with incomplete auction dynamics favoring a continuation of the lower trend. Traders should closely monitor how price behaves as it approaches the $0.50 region, as this area is likely to define the next major phase of XRP’s market cycle.

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Bitcoin Reclaims $71K, But How Long Will It Hold?

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Bitcoin Reclaims $71K, But How Long Will It Hold?

Key takeaways:

  • Bitcoin’s derivatives signal caution, with the options skew hitting 20% as traders fear another wave of fund liquidations.

  • Bitcoin price recovered some of its Thursday losses, but it still struggles to match the gains of gold or tech stocks amid low leverage demand.

Bitcoin (BTC) has gained 17% since the $60,150 low on Friday, but derivatives metrics suggest caution as demand for upside price exposure near $70,000 remains constrained. Traders fear that the liquidations of $1.8 billion of leveraged bullish futures contracts in five days indicate that major hedge funds or market makers may have blown up.

Aggregate liquidations in Bitcoin futures contracts, USD. Source: CoinGlass

Unlike the Oct. 10, 2025, market collapse that culminated with a record $4.65 billion liquidation of Bitcoin futures, the recent price weakness has been marked by three consecutive weeks of downside pressure. Bulls have been adding positions between $70,000 and $90,000, as aggregate futures open interest increased despite forceful contract liquidations due to insufficient margins.

Bitcoin futures aggregate open interest, BTC. Source: CoinGlass

The aggregated Bitcoin futures open interest on major exchanges totaled 527,850 BTC on Friday, virtually flat from the prior week. Although the notional value of those contracts dropped to $35.8 billion from $44.3 billion, the 20% change perfectly reflects the 21% Bitcoin price decline in the seven-day period. Data indicates that bulls have been adding positions despite the steady price decline.

To better understand if whales and market makers have turned bullish, one should assess the BTC futures basis rate, which measures the price difference relative to regular spot contracts. Under neutral circumstances, the premium should range between 5% and 10% annualized to compensate for the longer settlement period.

Bitcoin 2-month futures annualized premium. Source: laevitas.ch

The BTC futures basis rate dropped to 2% on Friday, the lowest level in more than a year. The lack of demand for bullish leverage is somewhat expected, but bulls will take longer than users to regain confidence even as Bitcoin price breaks above $70,000, especially considering that BTC is still  44% below its all-time high.

Bitcoin derivatives metrics signal extreme fear

Traders’ lack of conviction in Bitcoin is also evident in the BTC options markets. Excessive demand for put (sell) options is a strong indicator of bearishness, pushing the skew metric above 6%. Conversely, when fear of missing out kicks in, traders will pay a premium for call (buy) options, causing the skew metric to flip negative.

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BTC 2-month options skew (put-call) at Deribit. Source: laevitas.ch

The BTC options skew metric reached 20% on Friday, a level that rarely persists and typically represents market panic. For comparison, the skew indicator stood at 11% on Nov. 21, 2025, following a 28% price correction to $80,620 from the $111,177 peak reached twenty days earlier. Since there is no specific catalyst for the current downturn, fear and uncertainty have naturally intensified.

Related: What’s really weighing on Bitcoin? Samson Mow breaks it down

Traders are likely to continue speculating that a major market maker, exchange, or hedge fund may have gone bankrupt, and this sentiment erodes conviction and implies a high probability of further price downside. Consequently, the odds of sustained bullish momentum remain low while BTC derivatives metrics continue to signal extreme fear.