Bitcoin has wiped out recent profits with a 10% dump in the last 24 hours. Same as Ethereum price. This happens when the US launches tariff programs on Canada and Mexico. As risky assets plummeted, investors’ responses to the trade war plunged.
What does this risk from emotions mean for BTC prices? What are the outlooks for XRP, Sol and Bitcoin Pepe?
Bitcoin price forecast when BTC reverses profits
Bitcoin rose sharply on Sunday after US President Donald Trump revisited the issue of US crypto stockpile. The announcement printed a candle with a price of $10,000 for BTC, jumping from a low of $85,000 to nearly $95,000.
However, the flagship’s digital assets fell below $84,000, quenching profits amid the market’s response to the initiation of tariffs on imports in Canada and Mexico.
Cryptoquant CEO Ki Young Ju believes the bull cycle remains. However, with little key on-chain activity and key metrics, analysts predict slow shattering “until US sentiment improves.”
“If the cycle ends here, that’s a result no one wants. It’s not the old whales, mining companies, Tradfi, or even Trump,” he added.
XRP, SOL, ADA price outlook
BTC’s notable diving in the past 24 hours has also seen altcoins at the top of the slump.
Ethereum’s ETH fell 12% to $2,068, reaching its lowest level in over a year. Meanwhile, Ripple’s XRP and Cardano’s ADA fell by 15% and 19%, respectively.
These tokens were pumped most strongly, notably after the announcement that Trump would become part of a targeted US crypto sanctuary.
It’s interesting to see industry players say about Trump’s inclusion of ALT as part of its strategic reserve. For most of them, only Bitcoin fits into the invoice of strategic reserve assets.
The tariffs and initial hype regarding the decline of the strategic reserve contributed to price tanking in XRP, Solana and Cardano. Nevertheless, analysts say stockpile expectations and other factors can provide fresh reverse legs for these top altcoins.
Is this a purchase opportunity for Bitcoin Pepe?
XRP, Ada and Sol store profits, but that doesn’t mean that prices won’t skyrocket in the coming weeks and months.
Market conditions and other factors are still playing for the rest of the ecosystem, and investors may use DIP as an opportunity to buy. This same outlook applies to new projects set in the market since the second quarter.
Bitcoin Pepe (BPEP) currently on pre-sale stands out as one of the new tokens to attract great attention.
One million BPEP gifts are raising even more interest.
BPEP price outlook
Bitcoin Pepe wants to bring its first meme Bitcoin Layer 2 to the market. We hope to take advantage of Solana’s speed to bring the new PEP-20 token standard to the Meme Ecosystem. With the regulatory approach to the sector starting to innovate further, Bitcoin Pepe could become Bitcoin’s most destructive L2.
With the towing of BTC and SOL amidst the confluence of other factors, the price of BPEP could explode. The market is bustling with projects that rely on Bitcoin blockchain and Solana speed security.
So far, Bitcoin Pepe has raised nearly $3.7 million from Presere.
Meanwhile, the price of BPEP rises to $0.0255, rising to Stage 30. This means that current prices could be a huge bargain today, especially with the bullish forecasts of Bitcoin and Solana.
Find out more about what Bitcoin Pepe is here.