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XRP $3 Comeback Journey Begins, Bitcoin Banned in China Again? Shiba Inu Stagnates: Crypto News Digest

2025-08-04 22:34:22

XRP $3 Comeback Journey Begins, Bitcoin Banned in China Again? Shiba Inu Stagnates: Crypto News Digest

Main Idea

The article discusses XRP's potential rebound to $3, Shiba Inu's stagnant on-chain activity, and the resurgence of rumors about a crypto ban in China.

Key Points

1. XRP has rebounded to $2.87, with technical indicators suggesting a potential rise toward $3, supported by a recent RSI dip below 46 acting as a buy signal.

2. Shiba Inu's on-chain activity shows minimal movement, with 19.6 billion SHIB in 24-hour transactions, indicating perceived lack of interest.

3. Rumors of a new China crypto ban on trading and mining resurfaced on social media, but industry figures debunked the claims, citing no evidence.

Description

Crypto market today: key points

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