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XRP, TAO & Bitcoin – American Wrap 01 July

cryptonews100_tggfrn by cryptonews100_tggfrn
July 1, 2025
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Bitcoin, Ethereum, XRP mute reaction to US-China trade agreement
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Ripple’s (XRP) upside stays heavy, held again by a torpid sentiment throughout the cryptocurrency market. Buying and selling at $2.19, the XRP worth is down over 2% on Tuesday. Curiosity within the cross-border cash remittance token has considerably declined in comparison with November, December, and January, as evidenced by the downtrend within the futures Open Curiosity, which now stands at $4.38 billion, down from $7.76 billion posted on January 17.

Bittensor (TAO), the biggest Synthetic Intelligence (AI) token by market capitalization, upholds a bearish bias after going through rejection at $352 on Sunday. TAO is buying and selling at $324, with intraday losses exceeding 3% on Tuesday. 

Bitcoin is edging under 107K on Tuesday after the worth bumped into resistance at 108.8 Ok. Nonetheless, with institutional and company demand nonetheless robust, mixed with an encouraging Q3 post-halving seasonality tailwind, BTC might be on the verge of retesting 110 Ok and contemporary report highs. 

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