During the preparation of this article, the foremost cryptocurrency, Bitcoin 
$77,420, dropped from the $118,000 range to below $117,000. Such pullbacks can occur during a bull phase, but a dip below $115,000 could trigger accelerated selling and panic. There might also be another round of long liquidations. Brandley Duke discussed the primary reason behind the rise, and DonAlt shared his target for XRP.
XRP Coin Price Target
At the time of writing, XRP Coin hovered around $2.73, with the potential to surpass $3 if Bitcoin remains strong over the weekend. However, DonAlt aims for a much higher target. According to him, XRP Coin will reach its real peak at $6.9, and it has not yet completed half of its journey. XRP is on an upward trend with a 10% increase and is anticipated to get ETF approval within the next two months.
“We’re going to $6.9 without even a brief pause, leaving those without XRP completely stunned,” – DonAlt
In his previous analysis, DonAlt highlighted the $2.68 resistance, and the breaking of this level initiated an upward trend.
The Real Reason for Bitcoin’s Ascent
For months, positive news had been accumulating on the sidelines due to tariff confusion. Favorable policies toward cryptocurrency under Trump, regulatory frameworks, more than 200 publicly listed companies accumulating Bitcoin, significant growth in ETFs, and many other developments had not sufficiently impacted the price.
The sudden release of these suppressed good news during the ongoing tariff chaos resulting in an explosive effect on the charts is inherent to the nature of cryptocurrency. Bradley Duke, a senior executive at Bitwise, a company which was among the first to receive BTC ETF approval, stated that the primary driver of this uptick was overwhelming demand.
“Question: Why is Bitcoin reaching an all-time high?
Answer: There is a structural imbalance as demand far exceeds supply.
This has become more critical as the unprecedented growth of Bitcoin treasury companies, consuming all available supply by purchasing over three times the new BTC issuance in 2025, takes form.”
While BTC reserves on exchanges continually hit new lows, publicly traded companies spending billions monthly on new BTC acquisitions have embarked on a race to support their share prices. MSTR witnessed its highest level since the dotcom bubble with this strategy. Holding BTC and boosting share prices has now become a new trend for listed companies.
