#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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XRP Price Prediction for 2025: Analyst Warns of a Retest Level at $1.25
The cryptocurrency market started this week with a new bullish trend, and Bitcoin recorded an increase of over 7%. It surged above $95,100 early on Sunday, and the bullish rally occurred after U.S. President Donald Trump announced that he would lift tariffs on imports from China. The increase in Bitcoin was primarily driven by $3.06 billion in inflows into U.S. spot Bitcoin ETFs over the week. Altcoins are also performing well, with XRP up 4%, Solana up 1%, and Cardano up 2% over the past day. XRP is making headlines as the SEC has approved ProShares' first XRP futures ETF, expected to launch on April 30. ProShares is preparing to launch three XRP tracking products this week after being quietly approved by the SEC. The wave of XRP ETFs comes after Ripple's major victory against the SEC in March, helping to eliminate significant legal barriers for XRP. Analysts warn that XRP could drop to $1.25 Crypto analyst Egrag, in his latest post X, predicted that XRP could reach $1.25 in the short term. He explained that XRP still shows weakness unless it can close above the range of $2.33–$2.45, which would signal a bullish breakout.
Egrag has opened up about the importance of the Fibonacci level 0.702, linking it to a significant breakout in the past. Moreover, he advises his followers not to chase the market's rise or panic sell, but instead to continue accumulating XRP during price declines. Analysts say: "This is the short-term outlook and although I believe we could see double-digit growth in the coming months, we first need to dispel any pessimistic sentiment." Even the analyst Dark Defender confirms that the $2,222 level remains a key point in the price movement of XRP. He mentions that the 4th monthly wave of XRP (, a phase in Elliott Wave analysis ), is about to end.