empty
InstaForex - Official partner of Dragon Racing
InstaForex - Official partner of Dragon Racing
This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.
Start as Beginner
How to start trading
Useful information
Training and recordings
InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.
Become Investor
PAMM System
ForexCopy System
Passive investments
Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.
Become Partner
Main Page
Partner Area
Advantages for Affiliates
Registration
This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.
All Promo Campaigns
Bonuses
Contests
Events
Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.
Full details
Forums
We are in social networks
Forex humour
Forex Portal
InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.
Learn More
History
Why Choose Us
InstaSport
Regulation
Company News
Awards
InstaForex Stars
InstaForex Offline
Headquarters
Key documents
Social Responsibility
29.01.2025 10:13 AM
XRP Could Be Added to the U.S. Cryptocurrency Reserve
Open trading account Open demo account

Despite a major panic-driven sell-off in the Asian cryptocurrency market, traders quickly seized the opportunity and managed to recover most of the losses. Bitcoin has returned to the $103,000 range, where it spent a significant amount of time yesterday, while Ethereum continues to struggle to break above $3,161.One of the key developments in the crypto market is the recent statement from Ripple CEO Brad Garlinghouse. He revealed that he had discussions with Donald Trump regarding the possibility of XRP becoming a strategic reserve asset for the U.S.. However, Garlinghouse did not specify whether Trump made any commitments on this matter or if the meeting led to any tangible progress.

This image is no longer relevant

Garlinghouse emphasized that establishing a strategic reserve based on XRP could significantly enhance the economic resilience of the U.S.. He pointed out that such an initiative would allow the government to leverage blockchain technology for financial optimization and increased transaction transparency.

In the face of global economic uncertainty, Ripple sees digital assets as a foundation for the future financial system. While Trump's stance remains uncertain, the meeting sparked interest among crypto industry experts. Many believe that endorsement from high-profile figures could serve as a catalyst for broader governmental adoption of cryptocurrency technologies.

However, many questions remain about how this idea would be implemented and what steps the administration might take if it decides to pursue this initiative.

Not all leading experts support this idea. VanEck recently stated that Bitcoin (BTC) is the only cryptocurrency suitable for the U.S. reserve, arguing that it is fundamentally different from all other digital assets.

According to VanEck analysts, Bitcoin's uniqueness lies in its limited supply and decentralized nature, making it more resistant to inflation than other cryptocurrencies. Additionally, Bitcoin's immunity to manipulation has strengthened trust among institutional investors.

Moreover, Bitcoin enjoys unmatched liquidity, which secures its dominant position in the market. Meanwhile, many altcoins, including Ripple (XRP), could remain vulnerable in comparison to Bitcoin's superior position.

This image is no longer relevant

Bitcoin Technical Outlook

Buyers are currently targeting a return to the $103,000 level, which opens a direct path to $104,400, and from there, it is just a short step to $105,900. The ultimate target is the $107,400 level, a breakout above which would signal a return to a medium-term bullish market.

In the event of a Bitcoin correction, I expect buyers to emerge around $101,250. A drop below this level could quickly push BTC down to $99,500, bringing it closer to the $97,900 mark. The lowest target would be around $96,400.

This image is no longer relevant

Ethereum Technical Outlook

A clear consolidation above $3161 paves the way for a move to $3220, and from there, a push to $3264 is within reach. The ultimate target is the yearly high around $3314, a breakout above which would confirm a return to the medium-term bullish market.

In case of an Ethereum correction, I expect buyers to appear near $3106. A drop below this level could quickly send ETH towards $3056, with the final target at $2997.

Jakub Novak,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
All Analytics
Fundamental analysis
The U.S. Dollar Rises — Here's Why The U.S. dollar strengthened against a number of global currencies, as did the U.S. stock market, following reports that the Chinese government is considering suspending its 125% tariffs on certain
Jakub Novak
11:31 2025-04-25 +02:00
1015
Stock Markets
Stock Market on April 25th: S&P 500 and NASDAQ Resume Growth At the close of the last regular session, U.S. stock indices ended higher. The S&P 500 rose by 2.03%, while the Nasdaq 100 gained 2.74%. The Dow Jones Industrial Average
Jakub Novak
11:27 2025-04-25 +02:00
1015
Breaking Forecast Trading Plan Cryptocurrencies USD/RUB Russian Economy Video Analysis
Trading Instruments
EURUSD GBPUSD USDCHF USDCAD USDJPY AUDUSD EURGBP EURJPY NZDUSD EURNZD Silver Gold #CL #USDX COVID-19 Bitcoin
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Trading Recommendations for the Cryptocurrency Market on April 25

Yesterday's unsuccessful attempt to stay above $94,000 demonstrates that there is still significant buying interest. Ethereum is also holding up quite well, although yesterday's correction during the European session likely
Miroslaw Bawulski 08:56 2025-04-25 UTC+2

Technical Analysis of Intraday Price Movement of Polkadot Cryptocurrency, Friday April 25, 2025.

With the condition of the Stochastic Oscillator indicator which is already above the Overbought level (80) even though it is currently still moving above the WMA (30 Shift 2) which
Arief Makmur 07:02 2025-04-25 UTC+2

Technical Analysis of Intraday Price Movement of Solana Cryptocurrency, Friday April 25, 2025.

Although currently the Solana cryptocurrency is moving in a strengthening condition which is indicated by its price movement moving above the WMA (30 Shift 2) but with the appearance
Arief Makmur 07:02 2025-04-25 UTC+2

BTC/USD Analysis – April 24th: Bitcoin Shows Signs of Revival

The wave pattern on the 4-hour chart for BTC/USD has become somewhat more complex. We observed a corrective downward structure that completed its formation around the $75,000 mark. Following this
Chin Zhao 10:15 2025-04-24 UTC+2

Trading Recommendations for the Cryptocurrency Market on April 24

Bitcoin failed to hold above the $94,000 level and corrected to the $92,500 area, where it appears more comfortable. Ethereum also pulled back to around $1,769 after briefly climbing above
Miroslaw Bawulski 08:58 2025-04-24 UTC+2

Bitcoin may resume its uptrend

Bitcoin posted a strong rally yesterday. After breaking through the $90,000 level, the leading cryptocurrency surged toward $94,000, where the advance temporarily stalled. Ether also saw impressive gains. After trading
Jakub Novak 12:59 2025-04-23 UTC+2

Trading Recommendations for the Cryptocurrency Market on April 23

Bitcoin has successfully pushed above $90,000, while Ethereum added more than 10% in just one day, rebounding to $1800. The main catalyst was Donald Trump's statement yesterday, clarifying that firing
Miroslaw Bawulski 09:03 2025-04-23 UTC+2

BTC/USD Analysis – April 22nd: The Moment of Truth

The wave structure on the 4-hour chart for BTC/USD is quite clear. After completing an upward trend consisting of five full waves, a downward segment began forming, which currently appears
Chin Zhao 11:49 2025-04-22 UTC+2

Trading Recommendations for the Cryptocurrency Market on April 22

Bitcoin Returns to the $88,000 Zone, but Ethereum Is Facing Challenges Yesterday's sell-off during the U.S. session, once again triggered by a decline in American stock indices, was offset
Miroslaw Bawulski 08:18 2025-04-22 UTC+2

Trading Recommendations for the Cryptocurrency Market on April 21

Bitcoin and Ethereum, having spent the entire weekend moving sideways within a range, surged sharply during today's Asian session. The rally was triggered by rumors that U.S. Federal Reserve Chair
Miroslaw Bawulski 09:03 2025-04-21 UTC+2

Top analytics

Relevance up to 20:00 2025-04-25 UTC--4
Trading Recommendations and Analysis for EUR/USD April 25: The Market Awaits New Announcements from Trump
03:48 2025-04-25
Trading plan
Relevance up to 02:00 2025-04-26 UTC--4
GBP/USD: Simple Trading Tips for Beginner Traders on April 25. Review of Yesterday's Forex Trades
08:31 2025-04-25
Forecast
Relevance up to 02:00 2025-04-26 UTC--4
Intraday Strategies for Beginner Traders on April 25
08:07 2025-04-25
Forecast
Relevance up to 20:00 2025-04-25 UTC--4
Trading Recommendations and Analysis for GBP/USD on April 25: The Pound Isn't Backing Down
03:48 2025-04-25
Trading plan
Relevance up to 00:00 2025-04-26 UTC--4
What to Pay Attention to on April 25? A Breakdown of Fundamental Events for Beginners
07:06 2025-04-25
Fundamental analysis
Can't speak right now?
Ask your question in the chat.
Widget callback
Callback widget
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.