Bitcoin, Hadera & XRP – American Wrap 08 April


Bitcoin (BTC), Ethereum (ETH) and XRP suffered a correction alongside the rest of the cryptocurrencies in Q1 2025. The economic uncertainty and decline in institutional interest have rattled the crypto market. 

Bitcoin Pearson Correlation (30 days)

Hedera maintains strength above $0.15, signaling investor confidence as NVIDIA’s AI integration boosts long-term bullish sentiment and breakout potential.

Crypto market performance, April 8 | source: Coingecko

Ripple announced on Tuesday that it is acquiring prime brokerage firm Hidden Road to enhance its institutional offerings and increase the adoption of the RLUSD stablecoin and the XRP Ledger (XRPL). Despite the positives from the announcement, XRP continued to trade below $2, as the effects of the global trade war outweighed any optimistic sentiments.

 

 




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