{"id":28732,"date":"2025-05-27T08:16:57","date_gmt":"2025-05-27T08:16:57","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=28732"},"modified":"2025-05-27T08:16:57","modified_gmt":"2025-05-27T08:16:57","slug":"dogecoin-xrp-slump-as-crypto-profit-taking-continues-ahead-of-fridays-inflation-data","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=28732","title":{"rendered":"Dogecoin, XRP Slump as Crypto Profit-Taking Continues Ahead of Friday’s Inflation Data"},"content":{"rendered":"
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Bitcoin BTC was just 1% lower in the past 24 hours, while XRP XRP and dogecoin DOGE slipped 2.5% each, signaling a tepid recovery rather than a firm rebound.<\/p>\n

Markets were jolted late last week after U.S. President Donald Trump proposed raising tariffs on European imports to 50%, up from a previously discussed 20%.<\/p>\n

\u201cBitcoin’s rebound came after Trump decided to delay imposing new EU tariffs, which had initially sparked a market downturn over the weekend,\u201d Jeffrey Ding, chief analyst at HashKey Group, told CoinDesk in a Telegram message.<\/p>\n

\u201cTraders see these macroeconomic events as a welcome stability boost, encouraging a risk-on sentiment, especially as MicroStrategy\u2019s Michael Saylor hinted at upcoming Bitcoin purchases,\u201d Ding added.<\/p>\n

Markets calmed somewhat on Monday after Trump announced he would delay the implementation of new tariffs until July 9, citing a “constructive call” with European Commission President Ursula von der Leyen.<\/p>\n

Still, Singapore-based QCP Capital warned in a market broadcast message late Monday that the episode is a reminder of how quickly policy shocks can unwind market calm. <\/p>\n

The BTC July-to-June implied volatility spread, which spiked above 2 vols last week, has now compressed to below 1 \u2014 suggesting traders are watching closely for another pivot ahead of the new deadline.<\/p>\n

The vol spread refers to the difference in expected volatility between July and June bitcoin options, showing how much more (or less) traders expect price swings in July compared to June.<\/p>\n

All eyes are now on this Friday\u2019s Core PCE print, a key inflation gauge for the Federal Reserve, the firm noted. The index is a measure of inflation that excludes the volatile prices of food and energy \u2014 and is considered a key indicator used by the Fed to assess inflation and make policy decisions.<\/p>\n

Despite the uncertainty, spot ETF inflows remain steady, with BlackRock\u2019s IBIT logging 30 consecutive days of net inflows \u2014 a rare streak that underscores sticky institutional interest.<\/p>\n

Still, crypto\u2019s resilience has been relative, not absolute. QCP noted a divergence between digital assets and traditional tech as flows have turned cautious in products like the TQQQ NASDAQ ETF, even as crypto held its ground.<\/p>\n

\u201cIn a world of erratic policymaking,\u201d QCP wrote, \u201ccrypto increasingly looks like the grown-up at the table.\u201d<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin BTC was just 1% lower in the past 24 hours, while XRP XRP and dogecoin DOGE slipped 2.5% each, signaling a tepid recovery rather than a firm rebound. Markets were jolted late last week after U.S. President Donald Trump proposed raising tariffs on European imports to 50%, up from a previously discussed 20%. \u201cBitcoin’s […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-28732","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/28732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28732"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/28732\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}