-

The latest failure to build momentum above $70,000 followed reports that Iran was laying mines along the already disrupted Strait of Hormuz, a major global oil chokepoint. Bullish momentum weakened late Tuesday after U.S. Energy Secretary Chris Wright said in a now-deleted social media post that the U.S. escorted an oil tanker through the strait.

+

XRP has declined 2.5% over the past 24 hours to around $1.38, moving largely in line with the broader crypto market as investors become more cautious ahead of key U.S. inflation data scheduled for today, March 11.

-

BitMEX co-founder Arthur Hayes has warned of a potential crash in Bitcoin's price due to ongoing geopolitical tensions.

+

Bitcoin shows bullish momentum potential above $71K resistance. Technical analysis suggests BTC could reach $75,000-$80,000 range within 4-6 weeks if current consolidation holds.

 

For traders, XRP is currently painting a confusing picture. On the one hand, a highly bullish long-short ratio in derivatives data indicates that most market players are placing bets on higher prices.

-

Bitcoin has dropped below $70,000 despite positive ETF inflows as liquidations stand at $221.72 million over the past 24 hours. Bitcoin ETFs saw $250.9 million in net inflows on Tuesday, while Ethereum ETFs reported $12.6 million in net inflows.

-

Ethereum Network Activity Hits Record Highs While ETH Lags

-

Federal prosecutors in Massachusetts have moved to forfeit 3.44 million USDT linked to an alleged text-based crypto investment fraud.

-

Ripple's XRP is down 2% in the last 24 hours, making it the worst performer in the top 10 cryptocurrencies. The bearish performance has seen XRP drop below $1.40 despite strong fundamental news from the Ripple ecosystem. XRP underperforms as whales refrain from selling XRP has lost 2% of its value in the last 24 hours and has now dropped to the 5th position on the CoinMarketCap list. It has lost its position to Binance's BNB coin once again after poor performance in recent days. The bearish performance comes despite Ripple announcing plans to acquire BC Payments to secure a financial services license in Australia.

-

Bitcoin (BTC), the world's leading cryptocurrency, has again suffered a price slip after trading above the $70,000 support level for some time. Per a recent CryptoQuant analysis, the fluctuation is because Bitcoin has entered the most frustrating phase of its cycle.

-

Market sentiment around derivatives has shifted sharply, with ethereum funding now flashing a clear warning sign for traders positioned around the $2,000 support zone. On Tuesday, Ethereum USD perpetual futures funding rates slipped into negative territory, confirming that active short sellers are paying longs to keep positions open. This move marks a decisive return of bears to control and reflects a growing conviction that prices may trend lower from here.

+

Analysts at Bitwise see the bitcoin price outlook tied to a rapidly expanding

+

The proof-of-concept demonstrates Layer 2 transactions settling through re-execution on Ethereum's base layer.

-

BTC traded near $69,500 after failing to hold $71,000 as the Iran war kept markets cautious. AI tokens including ICP, FET outperformed on strong retail demand.

-

That absence is particularly notable given Musk's long and often influential relationship with Dogecoin, which he has publicly endorsed for years.

-

Historical trends show peaks in supply and loss often occur before Bitcoin reaches market lows

-

XRP Ledger is seeing strong network usage, but the XRP price continues to trade sideways, highlighting a divergence between on-chain activity and market performance. CryptoQuant data shows that the XRP Ledger (XRP) processed more than 2.

-

XRP price has remained largely steady in recent sessions, even as reports revealed that Goldman Sachs holds over $150 million in XRP ETF exposure. The disclosure briefly reinforced the narrative that institutional interest in XRP may be strengthening.

+

Babylon Labs and Ledger have integrated native hardware signer support to provide secure, trustless bitcoin collateral solutions through a new Clear Signing partnership. Babylon Labs and Ledger announced their partnership on March 10, 2026, to bring Bitcoin Vaults (BTCVaults) to millions of self-custody users globally.

+

Ripple is accelerating its expansion in Asia-Pacific, aiming to secure formal regulatory approval in Australia to bring blockchain-powered payments into the mainstream.

+

Dogecoin (DOGE) price had spiked over 10% after Elon Musk announced early public access to X Money next, before retracing significantly to trade about $0.09195 on Wednesday, March 11, 2026.

-

Bitcoin, Ethereum, and XRP have all lost a lot of their value recently. They might lose even more.

 

Arthur Hayes predicts Bitcoin could reach $250K but says he would not buy yet, warning that the next rally depends on Federal Reserve money printing.

 

The cryptocurrency market has slightly retraced after a positive start to the week. Bitcoin has dropped below $70,000, while Ether is trading below $2,100 as the market shed 2% of its gains in the last 24 hours. However, Ethereum's (ETH) onchain and derivatives data showed investors largely maintained their positions over the past week, despite the volatile market conditions. The ongoing Middle East geopolitical tensions continue to affect the broader financial markets, including cryptocurrencies. Ethereum whales continue to hold Ether is down 2% in the last 24 hours and now trades at $2,021 per coin. The bearish performance comes following a positive start to the week. However, investors continue to hold their positions despite the market volatility.

+

Despite Bitcoin (BTC) trading approximately 40% below its all-time highs and striving to maintain stability above the $70,000 mark, the long-term optimistic view on its value remains intact, particularly according to Matt Hougan, Chief Investment Officer at Bitwise Asset Management.