Ethereum News Today: XRP and Ethereum Gain Amid Trump's Tariff Announcement as Crypto Market Rebounds

XRP and Ethereum have emerged as leading assets in the recent crypto market rebound, defying broader risk-off sentiment triggered by Donald Trump’s announcement of new tariffs on major economic partners, including China, Canada, Mexico, and the European Union [6]. The U.S. stock market reacted swiftly to the news, with the S&P 500 dropping 3.33% in a single day [1]. In contrast, XRP and Ethereum posted gains of 4.5% and 2.7%, respectively, over 24 hours [1], signaling a shift in investor behavior toward alternative assets amid macroeconomic uncertainty.

Ethereum’s performance has been particularly noteworthy. The second-largest cryptocurrency by market capitalization surged past $3,600, breaking through key resistance levels and showing a potential reversal of bearish momentum [2]. The rise is supported by both technical indicators and continued inflows into Ethereum-based products. A DeFi stablecoin protocol built on Ethereum, Ethena, also recorded a 10.8% increase in a single day, reinforcing optimism within the Ethereum ecosystem [1]. Analysts note that Ethereum’s RSI stands at 56 and the MACD indicates easing selling pressure, suggesting that bullish momentum could persist in the near term [6].

Meanwhile, XRP outperformed both Bitcoin and Ethereum in short-term gains, climbing nearly 7% in a day [5]. The altcoin has retested and held above critical support levels, with its RSI rising above the midline, indicating a potential continuation of its upward trajectory. Institutional demand for XRP remains steady, with $31.3 million flowing into related financial products [6]. Retail traders are also showing interest, with XRP eyeing a move toward the $3.30 resistance level and, eventually, its all-time high of $3.66 [6].

The broader crypto market, while still fragile, has seen a partial recovery driven by selective altcoin gains. The market capitalization of the crypto sector decreased by nearly 1% amid heightened volatility, but XRP and Ethereum’s strong performances suggest a tactical repositioning by investors [1]. The divergence between traditional equity markets and certain cryptocurrencies highlights a growing appetite for alternative assets, particularly among investors seeking exposure to sectors less directly impacted by monetary policy shifts [6].

Despite these gains, the market remains cautious. Open Interest and Funding Rate metrics continue to reflect a delicate balance between bullish and bearish forces. A sustained increase in Open Interest would indicate stronger liquidity and trend continuation, while a consistently positive Funding Rate signals ongoing bullish expectations [6]. Traders are advised to closely monitor key support and resistance levels, especially as macroeconomic developments and regulatory news remain potent influences on market sentiment.

The recent surge in XRP and Ethereum demonstrates the evolving nature of the crypto market, where altcoins are increasingly driving price action. As investors assess risks and opportunities in a volatile landscape, the performance of these assets will likely serve as a barometer for broader market direction [5].

Sources:

[1] title: XRP, Ethereum Lead Crypto Market Rebound as Trump ... (https://finance.yahoo.com/news/xrp-ethereum-lead-crypto-market-135523715.html)

[2] title: Bitcoin Bounces, Ethereum and XRP Flash Strong Signals (https://finance.yahoo.com/news/bitcoin-bounces-ethereum-xrp-flash-185146418.html)

[4] title: XRP and Ethereum Soar! Altcoins Show Strength ... (https://crypto-economy.com/xrp-and-ethereum-soar-altcoins-show-strength-following-week-of-losses/)

[5] title: XRP Price Surge Lifts Market as Bitcoin and Ethereum Lag (https://thecurrencyanalytics.com/altcoins/xrp-jumps-7-as-crypto-market-rebounds-and-trump-media-buys-2b-in-bitcoin-188853)

[6] title: BTC, ETH, XRP show signs of recouping losses this week (https://www.fxstreet.com/cryptocurrencies/news/crypto-today-bitcoin-eyes-118-000-ethereum-3-800-xrp-330-as-speculative-demand-builds-202508041200)