Cryptocurrencies Price Prediction: Bitcoin, Ondo & Ripple – European Wrap

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The cryptocurrency market continues to evolve at a rapid pace, with key developments shaping investor sentiment across major digital assets. In this analysis, we break down the latest price movements and fundamental catalysts behind Bitcoin (BTC), Ondo (ONDO), and Ripple’s XRP, offering a comprehensive outlook for traders and long-term investors alike.

Bitcoin Shows Signs of Weakness Amid Market Correction

Bitcoin, the flagship cryptocurrency, is trading around $97,000** as of Friday, down nearly 5% over the past three trading sessions. This pullback follows a sharp midweek correction that sent prices as low as **$91,231, highlighting growing pressure from bearish forces in the market.

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A key factor contributing to the recent dip was the announcement by former U.S. President Donald Trump of new tariffs targeting major trade partners, including China, Canada, and Mexico. While the policy’s direct economic impact remains to be seen, its announcement triggered risk-off behavior across financial markets—crypto included.

According to the latest CryptoQuant weekly report, on-chain activity on the Bitcoin network has declined to its lowest level in 12 months. Reduced transaction volume and miner activity often signal waning short-term momentum, suggesting that traders may be adopting a wait-and-see approach ahead of major macroeconomic events.

One such event on the horizon is FTX’s scheduled creditor repayments, set to begin on February 18. With billions of dollars expected to be distributed, there's concern that recipients may offload portions of their BTC holdings, potentially triggering further downside volatility.

Despite these headwinds, many analysts remain bullish on Bitcoin’s long-term trajectory. The asset has already gained over 30% year-to-date, supported by strong institutional adoption and the ongoing halving cycle dynamics. A retest of the $90,000 support level could present a strategic entry point for patient investors.

Ondo Chain Launch Fuels ONDO Price Momentum

Ondo (ONDO) is capturing significant attention this week after launching Ondo Chain, a new Layer 1 blockchain purpose-built for institutional-grade Real World Assets (RWAs). This development marks a major milestone in the convergence of traditional finance and decentralized technology.

As of Friday, ONDO is testing a critical resistance level at **$1.38**. A sustained close above this threshold could open the door to further upside, with initial targets near $1.50 and beyond.

The launch of Ondo Chain brings together some of the most respected names in finance and tech. Design advisors include Franklin Templeton, Wellington Management, WisdomTree, Google Cloud, ABN Amro, Aon, and McKinsey—a powerful endorsement of the project’s credibility and long-term vision.

Moreover, data from DefiLlama reveals that ONDO’s Total Value Locked (TVL) has surged to nearly $654 million, reflecting strong confidence from institutional participants and yield-seeking investors.

This growing ecosystem positions Ondo as a leader in the RWA tokenization space—a sector many believe will drive the next wave of crypto adoption. By enabling real-world assets like bonds, treasuries, and private credit to be represented on-chain, Ondo Chain enhances liquidity, transparency, and accessibility across global markets.

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Why RWA Matters for Crypto's Future

Real World Asset tokenization addresses one of crypto’s biggest challenges: linking digital assets to tangible economic value. As more institutions explore blockchain-based settlement and asset management, projects like Ondo are well-positioned to become foundational infrastructure.

XRP ETF Momentum Builds as SEC Acknowledges Key Filings

Ripple’s native token, XRP, is back in the spotlight following renewed progress toward a potential spot XRP ETF.

The Chicago Board Options Exchange (Cboe) has filed a Form 19b-4 with the U.S. Securities and Exchange Commission (SEC) to list and trade XRP ETFs proposed by several major asset managers, including Canary Capital, WisdomTree, 21Shares, and Bitwise. This filing represents a crucial step in legitimizing XRP as a viable candidate for regulated investment products.

While the SEC has not yet approved any spot XRP ETF, its acknowledgment of the Cboe filing signals that the review process is underway. This comes on the heels of similar recognition for Grayscale’s Solana and Litecoin ETF applications—a positive signal for broader crypto regulatory acceptance.

Market participants view ETF approvals as catalysts for increased liquidity, price stability, and institutional inflows. For XRP—which has long faced regulatory uncertainty—the introduction of an ETF could mark a turning point in its market perception.

Although no timeline has been provided for a decision, the growing number of filings suggests that pressure is mounting on regulators to provide clarity. Should an XRP ETF gain approval in 2025, it could trigger a significant revaluation of the asset.

Core Keywords & Market Themes

This analysis centers around several high-impact themes shaping today’s crypto landscape:

These keywords reflect both technical trends and macro-level shifts driving investor interest across digital assets.

Frequently Asked Questions (FAQ)

What is causing Bitcoin’s recent price drop?

Bitcoin’s recent decline is attributed to a combination of macroeconomic concerns—such as new U.S. tariff announcements—and reduced on-chain activity. Additionally, anticipation around FTX creditor repayments has contributed to short-term bearish sentiment.

Is Ondo Chain a public blockchain?

Yes, Ondo Chain is a public Layer 1 blockchain designed specifically for institutional use cases involving Real World Assets. It aims to bridge traditional finance with decentralized infrastructure through secure, compliant tokenization.

How close are we to an XRP ETF approval?

While no approval has been granted yet, recent filings by Cboe and recognition from the SEC indicate that the process is moving forward. Approval timelines remain uncertain, but growing institutional interest suggests momentum is building.

What does TVL mean for Ondo?

Total Value Locked (TVL) measures the amount of capital staked or deposited in a blockchain protocol. Ondo’s TVL reaching $654 million reflects strong user confidence and active participation in its ecosystem.

Can Bitcoin rebound from $90,000?

Historically, Bitcoin has shown resilience at key support levels. If macro conditions stabilize and institutional demand remains strong, a rebound from $90,000 is plausible—especially if accompanied by positive regulatory or adoption news.

Why are RWA projects gaining traction?

Real World Asset tokenization brings yield-generating traditional assets onto blockchains, offering higher transparency, faster settlement, and global access. As financial institutions seek efficiency gains, RWA platforms like Ondo are becoming increasingly strategic.

Final Thoughts: Navigating Volatility with Strategic Insight

The current crypto market presents both challenges and opportunities. Bitcoin faces short-term pressure but remains fundamentally strong. Ondo is pioneering innovation in institutional-grade blockchain solutions. Meanwhile, XRP edges closer to potential ETF approval—a development that could redefine its market role.

For investors navigating this dynamic environment, staying informed about technological advancements, regulatory shifts, and macro trends is essential.

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By focusing on projects with real utility, strong partnerships, and clear roadmaps, investors can position themselves to benefit from the next phase of blockchain evolution—beyond speculation and into real-world impact.