Ethereum

Shiba

Band

Shiba Inu

<p>The cryptocurrency market has entered a cautious holding pattern ahead of the latest US Federal Reserve meeting. Key topics affecting XRP, SHIB, <a href="https://en.coin-turk.com/sec-takes-unexpected-step-in-ethereum-etf-approval-process/" rel="noopener noreferrer nofollow">Ethereum</a>, and BTC reflect not only short-term investor sentiment but also the broader impact of global economic developments on digital asset prices.</p>
<h2 id="xrp-eyes-1-35-as-fed-meeting-looms">XRP eyes $1.35 as FED meeting looms</h2>
<p>In recent days, XRP has been gradually declining toward the critical $1.19 range. TradingView data shows that XRP’s middle Bollinger Band currently sits at this level, making it a pivotal area for determining the medium-term trend. As markets await the outcome of the Federal Reserve’s meeting, XRP is struggling to maintain support above this key threshold.</p>
<p>The announcement notes that new Federal Reserve Chairman Kevin Warsh’s inaugural policy statements could be a major catalyst for the market. Should XRP close above $1.1934 in daily trading, confidence could grow that buyers remain in control between $1.19 and $1.20, potentially paving the way for a move back toward the $1.35 zone.</p>
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 <p>Analysts believe that if XRP manages a daily close above $1.1934, the recent weakness could be viewed as a bear trap and the price may rebound to $1.35.</p>
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<p>Conversely, if XRP ends the day below the middle band, the $1.1934 mark could turn into resistance. In this scenario, continued selling pressure may push the price toward the lower Bollinger Band at $1.0419, keeping downside risks in focus.</p>
<h2 id="shib-enters-45-day-turning-point">SHIB enters 45-day turning point</h2>
<p>With summer underway, <a href="https://en.coin-turk.com/shiba-inu-burn-rate-jumps-20-percent-as-shib-surges-9-percent/" rel="noopener noreferrer nofollow">Shiba</a> Inu faces a confluence of seasonal market factors and on-chain data. According to the report, the 45-day period from now until the end of July could be crucial in determining SHIB’s trajectory. Currently trading at $0.00000494, SHIB is hovering about 95% below its all-time high.</p>
<p>SHIB saw significant downward pressure in the first half of the year, with losses of 13.9% in the first quarter and a deeper 16.9% dip in the second quarter. June is currently down by 10.4%, after May closed 11.5% in the red. Nevertheless, historical data from CryptoRank indicates that July has often delivered sharp trend changes for SHIB in past years.</p>
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 <p>SHIB’s historical median gain for July stands at 8.92%, and on-chain metrics show that large investors did not sell off during the 16% rally in mid-June.</p>
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<h2 id="glamsterdam-update-marks-new-era-for-ethereum">Glamsterdam update marks new era for Ethereum</h2>
<p>Ethereum developers have launched closed testnets for the upcoming Glamsterdam upgrade, expected to go live on the main network in the second half of 2026. According to the report, this could represent the most significant architectural shift since Ethereum transitioned to the Proof of Stake model four years ago. Ethereum remains one of the top blockchains for smart contracts and decentralized applications.</p>
<p>Glossary: Parallel execution is a method that enables independent transactions on the network to be processed simultaneously. Gas limit represents the total processing load allowed in a block; increasing this limit can boost network capacity.</p>
<p>With Glamsterdam, features such as parallel execution, a higher gas limit, and a revamped fee model are set to be introduced. According to the article, raising the gas limit from 60 million to 200 million could triple or even quadruple Ethereum’s network speed. If the upgrade is successful, ETH may see long-term price targets between $2,500 and $3,300, while a stronger market could even bring $5,000 into reach.</p>
<h2 id="btc-supply-tightens-as-etf-flows-shift">BTC supply tightens as ETF flows shift</h2>
<p>In the <a href="https://en.coin-turk.com/bitcoin-etfs-see-unusual-inflows-despite-prolonged-market-downturn/" rel="noopener noreferrer nofollow">Bitcoin</a> market, major holders have slowed their selling activity. The Coin Days Destroyed metric has plunged from 2.16 million to just 33,000, signaling a stronger tendency among long-term investors to hold. Exchange balances for Bitcoin have also dropped to 2.56 million BTC, the lowest point since 2020.</p>
<p>During this period, some ETF flows shifted toward assets other than Bitcoin. Spot Ethereum ETFs saw net inflows of $9.6 million, with BlackRock attracting $17.3 million on its own. Net inflows into Bitcoin ETFs stayed near $10 million, while over $64 million flowed into funds focused on SOL, XRP, and HYPE.</p>
<p>The post <a href="https://en.coin-turk.com/xrp-holds-above-1-1934-as-btc-supply-hits-four-year-low/" rel="noopener noreferrer nofollow">XRP holds above $1.1934 as BTC supply hits four-year low</a> appeared first on <a href="https://en.coin-turk.com" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

XRP holds above $1.1934 as BTC supply hits four-year low

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