PDAXScope: BTC drops on tariffs, XRP support tested, and more

Bitcoin, Crypto Stocks Fall After Trump Tariff News (Investopedia)

Bitcoin and crypto-related stocks dropped after President Trump announced new tariffs on major U.S. trade partners as reported by Investopedia. Bitcoin dropped from nearly $88,000 to just over $83,000, and stocks like MicroStrategy, Coinbase, and Robinhood fell 6–9%, showing how sensitive markets are to trade and political news.

XRP Nears Topping Pattern That Could Lead to a Downtrend, Establishing $1.07 as Support: Technical Analysis (CoinDesk)

XRP is forming a "head-and-shoulders" pattern, a chart formation that often signals a potential price drop. If XRP's price falls below the $1.90–$2.00 support range, it could indicate a shift to a bearish trend, potentially lowering the price to around $1.07.

To counter this, buyers need to push the price above $3 to break the pattern and suggest a possible upward movement, as reported by CoinDesk.

Hackers are selling counterfeit phones with crypto-stealing malware (Cointelegraph)

Some fake Android phones sold online come with hidden malware that steals crypto and personal info, according to Kaspersky. The malware can intercept texts and even swap wallet addresses to steal funds. Over 2,600 infections have been reported so far in 2025.

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