Bitcoin prices edged up by 1.8% in the past 24 hours, reaching $94,476, according to CoinDesk data. The increase comes after a slight pullback on Thursday, following a seven-week high.
XRP traded flat, while Solana and Dogecoin gained 3% and 4%, respectively. Ether also saw a 1% rise in value.
However, some industry experts suggest that Bitcoin’s rally may not be sustainable due to shaky macroeconomic conditions and uncertainty around the Trump administration’s tariffs policy. CEO of Paybis, Innokenty Isers, stated that investors are becoming cautious due to the tariff war, which has triggered concerns about inflationary risks.
On the other hand, trading platform Naga.com’s George Pavel notes that institutional demand is accelerating, with high net inflows into US spot Bitcoin ETFs. Despite this, volatility remains a concern, and investors will continue to react to developments around U.S. policies and economic outlook.
Source: https://www.barrons.com/articles/bitcoin-xrp-price-crypto-rally-threats-d50c6c45