Why Bitcoin, Ethereum, and XRP Are Down Today? On-Chain Data Reveals the Truth

The overall cash inflow to altcoins led by Ethereum and XRP has significantly decreased in the recent past. The U.S. spot Ether ETFs are about to close March with the largest cash outflow since August 2024, of over $400 million. Meanwhile, on-chain data shows whale investors have increased their activity, possibly fleeing to the gold and stablecoins markets to protect capital.

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What Next？

The 2025 cryptocurrency bull market is at a crucial pivotal moment, which could either lead to a V-shaped recovery soon or further correction in the coming months. Ahead of the April 2 U.S. tariff implementation, the overall demand for crypto assets could remain low, causing further bearish sentiment.

Dont shoot the messenger.

Your favorite Beanie Baby/Pet Rock crypto displays a classic complex H&S top. This could become bullish if 3.0 is exceeded, otherwise the implications is a decline to 1.07. If you have an issue with this, take it up with Magee and Edwards $XRP

— Peter Brandt (@PeterLBrandt) March 28, 2025

According to market analyst Peter Brandt, Bitcoin price has already confirmed a falling trend after closing below a bearish flag in the past few days. Additionally, Brandt opined that the XRP price is aiming for $1.07, if the buyers do not regain $3 as a support level.