The price of XRP has dropped by over 3% and is currently trading around $3.01. This brings the token dangerously close to falling below the crucial $3 support level, a price point that has held strong for quite some time. If it breaks below, it could signal more downside in the short term.
Weekly Chart Shows Weakness Ahead
Looking at XRP’s weekly price chart, analysts say there’s no confirmed end to the broader bull market yet. However, in the short term, the token is clearly showing signs of weakness, something that is also being seen across the wider crypto market.
A particularly concerning development is the bearish divergence forming on the XRP weekly chart. While the price has made higher highs in recent weeks, the Relative Strength Index (RSI), a key technical indicator, is making lower highs. This mismatch often points to an upcoming correction.
The current weekly candle is set to close in about 3.5 days. If it closes in the red, it will confirm the second lower high on the RSI, strengthening the bearish signal. If that happens, XRP could be in for a deeper pullback over the coming weeks or even months.
Bitcoin Dominance is Important
The only factor that could reverse this bearish trend is a sudden drop in Bitcoin dominance (the share of BTC in the total crypto market cap). A drop in BTC dominance would mean a shift in market focus toward altcoins like XRP, possibly starting another altcoin season.
However, as long as Bitcoin dominance remains strong and holds above its current support, altcoins could continue to face pressure.
Short-Term: Sideways Movement Continues
In the short term, XRP is moving sideways in a tight trading range. The support level lies between $2.90 and $3.00, while the resistance is between $3.30 and $3.40. For now, the price is bouncing between these two zones, holding support and rejecting resistance.
This sideways movement is expected to continue for the next few days or even the next couple of weeks.
Bitcoin price is predicted to hit $475,000 as Citigroup hints stablecoins could reach $1.6 trillion by 2030, with top crypto VC firm, identifying on-chain payments and institutional demand as key bullish catalysts.
Citigroup Forecasts $1.6 Trillion Stablecoin Market by 2030
Citigroup has projected that the stablecoin market could balloon to $1.6 trillion by 2030, citing increased adoption by institutions and integration with global payments. The report highlights a “multi-rail future,” where blockchain-based stablecoins become embedded in mainstream finance alongside traditional banking infrastructure.
The prediction hinges on regulatory clarity and strong political backing, particularly from the U.S. This has ignited speculation that a Donald Trump presidency—widely perceived as more crypto-friendly—could fast-track these developments.
At press time on Friday, April 25, the total stablecoin market cap stands at $240 billion, according to Coingecko data.
Asides from Tether (USDT), other prominent stablecoins such as USDC and PayPal USD have surged in transaction volume in Q1 2025, as payment giants Visa and Mastercard integrates blockchain rails in cross-border settlements.
Citigroup noted that the ongoing momentum, paired with favorable policy regime under Trump, could drastically expand stablecoin use cases—from remittances to tokenized assets—and indirectly lift the broader crypto market, including Bitcoin.
As of April 2025, the total stablecoin market capitalization stands at $240.16 billion, marking a 0.5% gain in the last 24 hours, according to CoinGecko.
The market remains heavily dominated by fiat-backed stablecoins, which account for $235.99 billion, or nearly 98% of the sector. USD-backed stablecoins lead with $234.90 billion in market cap and a 0.5% daily gain.
Stablecoin sector performance | Source: Coingecko
Emerging categories show increasing momentum. Yield-bearing and crypto-backed stablecoins both rose 1.0%, while US Treasury-backed stablecoins gained 1.2%, reinforcing institutional interest in tokenized low-risk debt.
Commodity-backed stablecoins also surged 2.6%, suggesting investors are hedging against macroeconomic uncertainty through blockchain-tethered hard assets.
More volatile segments, such as algorithmic stablecoins and exotic currencies like the IDR stablecoin, lagged behind, with the latter declining 0.9%. Interestingly, the TRY stablecoin, pegged to the Turkish lira, surged 317.2%, indicating rising demand from countries with unstable local fiat currencies.
Further echoing this bullish narrative, crypto investment firm Foresight Ventures published a recent report showing key drivers behind stablecoin sector growth.
“The global payment ecosystem is going through a massive transformation driven by stablecoins. Stripe’s integration of USD and Helio’s support for over 450,000 active wallets clearly signal a rising demand for stablecoins in everyday transactions.
On-chain solutions are streamlining payment flows and enhancing liquidity, paving the way for faster, more efficient digital payments.”
– Foresight Ventures, 2025 Stablecoin report.
Notably, in addition to the $240 billion capital inflow, stablecoins also function as an on-ramp for onboarding new cryptocurrency users.
Hence, as stablecoin adoption deepens, they may act as a springboard for larger crypto inflows—especially into Bitcoin.
Here’s Bitcoin Price Prediction If Stablecoins Hit $1.6 Trillion
If the stablecoin market expands from $240 billion to $1.6 trillion, as projected by Citigroup, Bitcoin’s price could be poised for a parabolic breakout. At press time, BTC price is perches above $95,000, its highest in over 60 days, dating back to February 25.
Bitcoin price action, April 25, 2025 | Source: Coingecko
Bitcoin has historically thrived during periods of expanding stablecoin supply, as capital parked in USD-pegged assets often rotates into BTC during risk-on cycles. In 2020–2021, for instance, the stablecoin market grew from around $20 billion to reach $140 billion, while Bitcoin rallied from $10,000 towards the $64,000, reflecting 640% increase.
If a similar historical ratio of stablecoin growth to BTC price appreciation holds, a 6.7x increase in stablecoins could translate into a 3x to 5x surge in Bitcoin, pushing BTC toward a target range of $285,000 to $475,000.
Even under a conservative assumption—where only 25% of stablecoin growth rotates into BTC—Bitcoin could still grow 200% to 250% from current levels, resulting in predictions for BTC price to trade between $190,000 to $237,500 by 2030.
Looking ahead:
If Citigroup’s $1.6 trillion stablecoin projection materializes and regulatory momentum continues under Trump-era policies, Bitcoin price is projected to enter price discovery, potentially reaching $285,000—with a more optimistic BTC price ceiling near $475,000 per coin.
Bitcoin price is trading at $95,035 after surging above the 50-day SMA at $93,026, confirming a bullish momentum shift. The breakout follows consolidation near the 100-day SMA at $85,083 and signals renewed strength after March’s correction.
A close above the 50-day average suggests bulls are reclaiming trend control, with the next target at $105,000, the psychological resistance just above the early March peak.
Bitcoin Price Forecast Today
The volume delta has turned positive, with a +3.38K reading, indicating rising buyer dominance. This uptick supports continuation higher, aligning with the ascending 200-day SMA at $74,420, which underpins Bitcoin’s longer-term uptrend. The three-day chart shows a bullish candle above key resistance, confirming strong buying interest has returned.
If Bitcoin price forecast indicators continue to lean bullish and remains above the current 50-day SMA of $93,000 through May’s first week, the bullish momentum could enter second-gear, potentially propelling BTC to new all-time highs above $110,000.
However, a breakdown below $93,000 would invalidate the bullish thesis, exposing BTC to a retest of $85,000. Until then, bias remains upward toward $105,000.
Cybersecurity firm Kaspersky revealed a YouTube crypto malware blackmail where attackers leverage the platform’s copyright strike system to coerce influencers into adding malicious links to their video descriptions.
These actions directed unsuspecting viewers to malware-infected downloads as YouTube content creators gave in to the blackmail.
Kaspersky Reveals SilentCryptoMiner
Kaspersky’s report reveals that hackers exploit the trust that YouTube influencers have built with their audiences, making this campaign particularly dangerous. It cites a malware campaign where cybercriminals distribute malware disguised as tools for bypassing digital restrictions.
Specifically, the hackers exploit copyright complaints, threatening and blackmailing YouTube content creators into promoting SilentCryptoMiner. SilentCryptoMiner is a sophisticated crypto-mining Trojan based on the popular open-source mining software XMRig.
According to the report, the malware mines cryptocurrencies such as Ethereum (ETH), Ethereum Classic (ETC), Monero (XMR), and Ravencoin (RVN). It also uses the Bitcoin blockchain to maintain control over botnets.
Over the past six months, Kaspersky has detected more than 2.4 million Windows Packet Divert driver instances. Reportedly, cybercriminals leverage these to manipulate network traffic. They present many tools as legitimate software solutions but contain hidden malicious payloads.
Dynamics of Windows Packet Divert detections. Source: Kaspersky
Once installed, the malware persists on a victim’s system, bypassing security measures and modifying critical system files.
In the report, Kaspersky highlights a case in which a YouTuber with 60,000 subscribers unknowingly helped distribute the malware. The creator initially posted videos demonstrating how to bypass certain online restrictions and included a link to a supposed restriction bypass tool.
However, the file was infected with SilentCryptoMiner. Later, they edited the infected video description to remove the link, replacing it with a warning stating that the program “does not work.”
“Next, the attackers threatened the content creators under the pretext of copyright infringement, demanding that they post videos with malicious links or risk shutdown of their YouTube channels. This way, the scammers were able to manipulate the reputation of popular YouTubers to force them to post links to infected files,” read an excerpt in the report.
Use of Copyright Strikes to Coerce YouTubers
In a more insidious move, hackers have also filed false copyright claims against YouTubers who refuse to cooperate. By threatening content creators with channel takedowns, cybercriminals have forced them into distributing the malware.
Cybersecurity experts warn that YouTube and other social media platforms may not be the only targets of such blackmail schemes. Bad actors could soon deploy similar tactics on Telegram and other messaging platforms where influencers engage with their communities.
Therefore, users should remain cautious when downloading software from unverified sources. What appear to be seemingly helpful tools can serve as a gateway for malicious activities. Meanwhile, this discovery comes just a month after Kaspersky exposed another major cybersecurity threat.
“Our experts have discovered a new data-stealing Trojan, SparkCat, active in the App Store and Google Play since at least March 2024. SparkCat leverages machine learning to scan image galleries, stealing cryptocurrency wallet recovery phrases, passwords, and other sensitive data hidden in screenshots,” the firm claimed.
This highlights the growing risks that cryptocurrency investors face. As YouTube influencers become prime targets for cybercriminals, blockchain intelligence platform Arkham has begun tracking their portfolios.
The new feature, dubbed “Key Opinion Leader (KOL) Label,” tracks the wallets of influencers with over 100,000 followers on X. This means investors can monitor whether influencers genuinely back the tokens they promote or if their endorsements are merely paid advertising. This highlights how influencers’ role extends beyond social media.
U.S. President Donald Trump has provided an update on the potential trade deals, assuring that they will conclude most of them before the August 1 deadline. This is significant considering the impact that the Trump tariffs have had on the market so far, with so much uncertainty. Trump Tariffs: U.S. To Conclude Most Trade Deals
