XRP Bulls Are Rising Strongly, and FINDMINING Reports Increased User Interest Amid the XRP Trend

The political fallout between President Donald Trump and Elon Musk may have set the stage for Bitcoin’s next breakout.

While the two once aligned on anti-establishment sentiment, their recent split over spending, crypto, and narrative control is already reshaping markets, and Bitcoin (BTC) may be poised to benefit.

Bitcoin Thrives in the Trump–Musk Fallout

As of this writing, Bitcoin traded for $108,728, up by 0.33% in the last 24 hours. The pioneer crypto continues to show strength, despite what appears to be a stagnating upside potential.

One of the catalysts was Elon Musk, who launched his own political movement, the America Party. This political vehicle is centered around spending cuts, fintech reform, and, most notably, full-throated support for Bitcoin.

Musk’s assertion that the American Party would adopt Bitcoin as a reserve currency is a bullish fundamental for the pioneer crypto despite Trump’s backlash.

The US President labeled any move to this effect a betrayal and threatened to halt Tesla and SpaceX contracts or deals in retaliation.

The way the new party incorporates Bitcoin into its platform is unique. Musk has long been inconsistent on crypto, but this marks a formal political commitment.

The symbolic clash between Trump and Musk also fractures traditional Republican donor lines, with some shifting support to Musk’s movement.

If the party gains even modest traction in Congress, pro-Bitcoin legislation could accelerate.

Investors are treating the Trump-Musk feud less as a partisan squabble and more as a geopolitical shock, and that matters.

While Trump recently signed his multi-trillion-dollar “One Big Beautiful Bill” into law, raising the debt ceiling and locking in tax cuts, Musk opposed the measure.

The tech billionaire called for fiscal restraint, but the disagreement sparked the deeper rift.

Notwithstanding, markets took a different view, with Bitcoin jumping 4.8%, breaking through $109,000 and marking its strongest weekly close ever.

Analysts now see more upside potential for Bitcoin, a rally driven more by the macro climate and historical data than politics.

This target comes after Reuters reported a July 2 research note from Bitwise indicating that Bitcoin’s price tends to spike by 30% in the 50 days after the market suffers geopolitical shocks.

“These tailwinds set a constructive backdrop for Bitcoin and crypto assets…,” Bitwise analysts André Dragosch and Ayush Tripathi wrote.

The implication? Bitcoin could rally toward $136,000 by mid-August if historical trends repeat.

Bitcoin To Benefit from Dollar Debasement

Meanwhile, the fiscal backdrop continues to reinforce Bitcoin’s core narrative. Trump’s bill adds an estimated $7 trillion to the national debt over the next decade. That spending has reignited fears of dollar debasement, a theme Bitcoin thrives on.

“The currency debasement games just stepped up another level,” analysts David Brickell and Chris Mills wrote in their weekly Connecting The Dots newsletter.

Economist Erkan Öz added further context on YouTube, contrasting Musk’s capitalist persona with Bitcoin’s decentralized ethos.

“In Bitcoin… there’s no ‘boss’ like Musk. Satoshi Nakamoto… holds no CEO-like authority,” he said.

Öz argues that while Musk is trying to reshape the system, Bitcoin already operates outside it, and may ultimately benefit more from the feud than either man.

Traders appear to be holding their ground. Bitcoin is consolidating above $107,000, with selling pressure tapering and institutions showing renewed interest.

“Strong players who entered below $95,000 are not exiting, which signals stable interest,” Yuma observed.

Still, risks remain. Regulatory pushback is a looming threat, especially if Musk’s political ambitions provoke retaliation from federal agencies.

For now, however, the feud has amplified crypto’s narrative and bolstered Bitcoin’s role in America’s shifting political economy.

The post Why the Trump–Musk Feud Could Be Bullish for Bitcoin appeared first on BeInCrypto.

Cardano’s lacklustre performance over the past week has prompted some of its largest holders to begin selling their coins. On-chain data reveals that ADA whales holding between 100 million and 1 billion coins have collectively offloaded over $160 million worth of the asset within the last seven days.

This wave of distribution suggests waning confidence among the ADA large holders, adding further pressure to an already fragile market.

Cardano Whale Sell-Off Deepens Bearish Sentiment

According to Santiment, over the past week, Cardano whale addresses that hold between 100 million and 1 billion ADA have sold 170 million coins, valued at over $106 million at current market prices.

This wave of distribution signals a negative shift in sentiment among whales. Their decision to offload such a large volume of tokens adds pressure to ADA’s already struggling price. 

Moreover, this trend could also influence retail traders to follow suit, exacerbating the selling pressure and further reducing the chances of an ADA price rebound in the near term.

The coin’s weighted sentiment is also currently negative, confirming the growing bearish bias across the market. At press time, this is at -0.20. 

This on-chain metric analyzes social media and online platforms to gauge the overall tone (positive or negative) surrounding an asset. When its value is below zero like this, the overall market sentiment regarding the asset is bearish.

Per Santiment, ADA’s weighted sentiment has remained below zero since March 8, indicating that bearish discussions and outlooks continue to outweigh bullish ones.

This persistent negativity suggests a heightened risk of prolonged price decline, as traders appear reluctant to re-enter or increase their exposure to the asset.

Bearish Momentum Builds for ADA 

On the daily chart, readings from ADA’s Relative Strength Index (RSI) support this bearish outlook. As of this writing, this key momentum indicator, which tracks an asset’s oversold and overbought market conditions, is at 46.47.

The RSI indicator ranges between 0 and 100, with values above 70 indicating that the asset is overbought and due for a decline. On the other hand, values below 30 signal that the asset is oversold and could witness a rebound.

At 46.47, the downward tilt of ADA’s RSI suggests weakening momentum and the potential for further losses if buying pressure does not return soon. In this scenario, ADA’s price could fall to $0.50.

However, the coin could climb to $0.69 if buying activity spikes.

The post Cardano Whales Offload 170 Million ADA as Price Trends Lower appeared first on BeInCrypto.

HBAR, the native token of Hedera, has been experiencing a steady uptrend recently, attracting the attention of investors. The price surge has contributed to increased trading activity, but for traders, especially those holding short positions, this could lead to significant liquidations. 

While the altcoin is expected to continue its rise, the situation may become challenging for those who bet against it.

HBAR Traders Are In Danger

The Chaikin Money Flow (CMF) indicator shows strong inflows into HBAR, signaling that investor sentiment is bullish. The CMF has bounced above the zero line for the first time since December 2024, showing strong demand.

The inflows indicate that investors continue to pour money into the asset, bolstering the price movement. With the CMF turning positive, the likelihood of sustained growth for HBAR increases, as long as the broader market maintains its bullish tone.

The liquidation map for HBAR, which tracks short positions, indicates that traders betting against the asset could face significant losses if the price continues to rise. HBAR’s current price sits at $0.19, not far from the key resistance level of $0.22. If HBAR breaches this resistance, approximately $70 million worth of short positions could be liquidated, leading to further upward pressure. This scenario highlights the intense battle between bullish investors and bearish traders.

Short traders who bet against HBAR are now at risk, as the broader market sentiment pushes the altcoin higher. The increasing momentum fueled by the strong inflows will likely catch many short positions off guard, forcing them to liquidate. If this liquidation occurs, it could lead to a sharp rise in the price of HBAR, further solidifying its bullish outlook.

HBAR Price Continues Its Incline

HBAR is currently trading at $0.194, just below the significant resistance level of $0.200. The altcoin has shown consistent growth over the past month, and with the current positive market sentiment, it is likely to continue rising. A successful break above $0.200 could confirm the bullish momentum and open the path for further gains.

Should HBAR manage to flip $0.200 into support, a rise to $0.220 would likely follow, triggering the $70 million in short liquidations. This would create additional upward pressure, accelerating HBAR’s price move and potentially pushing it higher in the short term.

However, if HBAR fails to maintain its upward trajectory and falls below the uptrend line, the price could slip under the $0.182 support level. Such a decline would likely bring HBAR to around $0.167, invalidating the current bullish outlook. Therefore, traders should closely monitor these key levels to determine the next steps for HBAR’s price action.

The post HBAR Set for $70 Million Liquidations as Uptrend Hints At Price Rise appeared first on BeInCrypto.