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Crypto & Bitcoin

'Hard to Be Bearish Here': Trader Who Predicted 700% XRP Rally Breaks Down Current Setup

Reported by Gamza Khanzadaev, U.Today

Image: U.Today

The cryptocurrency market is breaking the classical rules of financial economics. The industry has faced the biggest challenge in its history: the FBI confirmed that North Korean hackers attacked Binance's infrastructure and withdrew $6.3 billion. However, instead of a protracted capitulation, this news triggered a paradoxical reaction: prices held, creating a strong bullish precedent. Against this backdrop, well-known crypto analyst DonAlt , who accurately predicted the historic 700% XRP rally back in 2024, directly cites the Binance hack as the reason for his ultra-bullish sentiment.

This is an excerpt. The reporting belongs to U.Today.

Read the full report on u.today
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