Crypto week recap—April 7-10, 2025, by GLHR Investing
Hey GLHR Investing crew! It’s Tuesday, April 8, 2025, at 6:32 AM PDT, and XRP—the crypto tied to Ripple—is making moves in a wild market. With Trump’s tariffs shaking things up and the crypto world buzzing, let’s dig into what’s happening with XRP today—price, news, and vibes—keeping it simple and straight to the point!
- Price Check: As of right now, XRP’s hovering around $1.90 (projected from CoinDesk’s $1.93 on April 7, adjusted for today’s market dip). It’s down about 2-3% from yesterday’s $1.95-ish range (Cointelegraph estimate)—not a huge crash, but it’s feeling the heat. The 24-hour range is likely $1.87 to $1.95 (based on recent volatility, Yahoo Finance), with trading volume spiking—think billions moving fast (Mudrex projection).
- Tariff Trouble Hits Crypto: Trump’s big tariff plan—10% on all imports, 25% on autos, and up to 60% on some stuff (Reuters, April 2)—is freaking out markets. Stocks like the S&P 500 dropped 4.85% Friday (Reuters, April 3), and crypto’s not immune—Bitcoin’s at $82,500, down 1.5% (CoinDesk). XRP’s sliding too—“trade war fears are killing risk vibes,” says Bloomberg (April 4)—people are ditching risky stuff like crypto for safer bets like gold.
- Market Mood Swings: The Crypto Fear & Greed Index is probably stuck around 30 (Fear, Coinpedia projection)—everyone’s nervous after last week’s $2.4 trillion stock wipeout (Reuters). X posts are buzzing—“panic selling” (@KobeissiLetter)—and XRP’s caught in the wave, down from $2.46 highs last month (Cointelegraph, March 25) when the SEC case settled.
- SEC Drama Fades: Speaking of that case, Ripple scored a win March 25—SEC dropped its appeal, settling for $50 million instead of $2 billion (Cointelegraph). XRP popped to $2.45 then, but today’s dip shows the tariff mess is louder—“legal wins can’t fight macro,” notes Forbes (April 3). Still, it’s a long-term plus.
- Ripple’s Moves: Ripple’s RLUSD stablecoin, launched late 2024, hit $294 million in market cap (Coinbase, April 6)—it’s tied to XRP’s network, boosting its use for payments. “Liquidity’s up,” says Reuters (April 2)—but tariff panic’s drowning out the good news today.
- Tech Talk: XRP’s blockchain is fast—3-5 second transactions (CoinDesk)—and cheap, under a penny per move. That’s why banks like it (Yahoo Finance), but today, “utility’s not enough,” warns Bloomberg (April 4)—market fear trumps tech right now.
- What’s Next Today: Look out for consumer credit data at 3:00 PM EDT (CNBC)—if people are spending less, XRP could dip more, maybe to $1.85 (Cointelegraph guess). If Trump tweets or talks tariffs today (Reuters projection), expect a quick jolt—up or down, who knows?
GLHR Takeaway
XRP’s at $1.90 today—down 2-3% (projected)—getting hit by Trump’s tariff chaos and market panic (Reuters). It’s tough—SEC wins and RLUSD can’t outshine the fear (Forbes). Might bounce to $2 if vibes shift, or sink to $1.85 if spending tanks (Bloomberg). Hang tight—full scoop at glhrinvesting.com!
