Cryptocurrency Market Awaits Recovery Amid Tariffs and Liquidations

The cryptocurrency market has been experiencing a downturn due to various factors such as new tariffs, heavy liquidations, and macro pressures. Despite this, analysts are predicting a potential recovery for Bitcoin, Ethereum, and Ripple.

Bitcoin's price is currently trading near $64,780, with some experts predicting it could reach $66,000 if supports hold. Technical analysis suggests that the Relative Strength Index (RSI) is oversold, hinting at a bounce. Additionally, ETF inflows remain strong, institutional buying from big players like MicroStrategy continues to support the price.

Ethereum's price is hovering around $1,860, with some experts predicting it could reach $1,950 soon. The Dencun upgrade has improved scalability, and layer-2 growth is booming, providing a solid foundation for Ethereum's potential recovery.

Ripple's price is currently at $1.33, benefiting from ongoing wins against the SEC and growing demand for cross-border payments. If Bitcoin leads the charge, Ripple could potentially reach $1.50. The market cap of $2.17 trillion shows underlying strength, with fear and greed indices indicating a potential buy signal.

While there are risks to watch out for, such as further tariffs and geopolitical tensions, analysts believe that the bottom may be in. With supports holding and macro pressures easing, the rally could start soon. Traders should remain cautious and use stop-losses to mitigate risk.