Bitcoin is recovering faster than the stock market. Joe Burnett from Unchained explains why.

Bitcoin holds steady amid stock market crash, says Unchained analyst

Bitcoin is primed for explosive growth as trade wars rattle global markets, 
with one expert forecasting a decisive break from equities and rising demand 
for decentralized assets. Bitcoin Set to Explode as Markets Crumble Under 
Trade War Pressure: Weiss Eric Weiss, founder and chief investment officer of 
Blockchain Investment Group, spoke out this week on […]

Bitcoin Poised for Violent Decoupling From Global Markets, Expert Says

A crypto analyst has shared insights into the recent strength in the XRP 
price, suggesting that South Korea may be the reason behind it. The analyst 
noted that the altcoin has been seeing high trading volume on South Korean 
exchanges, and this localized demand may be holding up its price while other 
altcoins struggle to gain traction. How South Korea Is Bolstering The Price 
According to XForceGlobal South Korea is currently one of the major drivers of 
the XRP price action. In a recent post on X (formerly Twitter), the analyst 
disclosed that the engagement and adoption from the crypto users in South 
Korea was a major contributor to XRP’s bullish performance. Related Reading: 
Analyst Unveils Extended XRP Price Target To $44, Reveals When To Take Profits 
Currently, South Korea is one of the most active crypto markets in the world, 
leading in global trading volume across multiple assets. However, among the 
numerous cryptocurrencies in the market, XRP stands out the most within the 
country. The analyst has revealed that even during low trading days, XRP 
frequently outpaces Bitcoin, underscoring its high demand and adoption in 
South Korea. XForceGlobal has suggested that South Korea’s notable interest in 
XRP likely stems from its status as one of the most isolated countries in 
terms of crypto regulations. The analyst revealed that millions of citizens 
currently own the altcoin, making up about 20% of the cryptocurrency’s market 
cap valuation. Moreover, due to a lack of large-scale cross-border payment 
solutions, most South Koreans opt to use cryptocurrencies like XRP to 
facilitate transactions. This, in turn, fuels adoption and strengthens the 
cryptocurrency&#8217;s utility, which positively influences its price action. 
Compared to South Korea, the regulatory uncertainties and legal challenges in 
the United States (US) have slowed down XRP’s growth. XForceGlobal has stated 
that the active participation of retail institutions, strong community 
support, and early adoption in South Korea have helped prop up prices despite 
the difficulties it faced over the past years. What The Future Holds For XRP 
In South Korea While discussing the impact of South Korea’s support for XRP on 
its price action, XForceGlobal offered insights into the cryptocurrency’s 
future in the country. The analyst revealed that the market is at a pivotal 
moment where XRP has evolved from a speculative asset to a symbol of Korea&#8217;s 
dominance in the crypto market. Related Reading: XRP Flashes Descending 
Trendline, Why A Surge To $4 Is Still In The Cards Currently, Upbit, the 
largest crypto exchange in South Korea, holds the most significant market 
share of XRP in terms of total supply. The exchange reportedly has about 6 
billion XRP, accounting for roughly 5% of the entire supply. XForceGlobal has 
revealed that the continued demand from retail investors combined with Upbit’s 
massive XRP reserve will make South Korea a key driver to the cryptocurrency’s 
global future price action. Moving forward, the analyst has discussed XRP’s 
price movements on the Korean won chart, suggesting that its current action 
may be foreshadowing upcoming events. He pointed out that the altcoin has 
already formed a lower low on the chart, possibly hinting at a more controlled 
pullback rather than an impulsive decline — an outlook he described as 
“arguably bearish”. The crypto analyst also noted that XRP may be forming a 
potential bottom on the Korean won chart, indicating a possible impulse to the 
upside and a bullish continuation. Featured image from Adobe Stock, chart from 
Tradingview.com

Is Korea Propping Up The XRP Price? Pundit Explains What’s Happening

Coinbase is preparing to launch U.S.-regulated, 24/7 bitcoin and ethereum 
futures, aiming to modernize trading access and introduce perpetual-style 
contracts amid rising demand. Coinbase Sets May 9 Launch for Regulated 24/7 
Bitcoin and Ethereum Futures Trading in US Crypto exchange Coinbase (Nasdaq: 
COIN) announced on April 4 that it will introduce the first U.S.-regulated 
24/7 […]

Coinbase Launching US Regulated 24/7 Bitcoin Futures

Wall Street experienced one of its steepest declines since March 2020; 
however, in contrast to that earlier downturn years ago, bitcoin’s price 
remained largely unaffected during Friday’s equity market turmoil. This 
divergence has sparked widespread discussion about BTC potentially functioning 
as a “hedge.” Bitcoin’s Uncorrelated Performance in March 2025 Turns Heads 
U.S. equity markets recorded […]

Uncorrelated and Unshaken: Bitcoin Gains Favor as Wall Street Crashes

Bitcoin has seen yet another bounce in the past day, adding to the recent 
series of rebounds. Here&#8217;s what on-chain data says regarding if BTC is going 
anywhere with them. Bitcoin Realized Profit/Loss Ratio Could Shed Light On 
Broader Dynamics In its latest weekly report, the on-chain analytics firm 
Glassnode has discussed about the recent trend in the Realized Profit/Loss 
Ratio for Bitcoin, which is an indicator that can be useful to study how 
investors are reacting to price volatility. Related Reading: Dogecoin To $0.57 
Or $0.06? Analyst Says DOGE’s Fate Hinges On This Level The metric measures, 
as its name already suggests, the ratio between the amount of profit and that 
of loss being realized by the holders or addresses as a whole. The indicator 
works by looking at the transaction history of each coin being sold on the 
network to find what price it was transferred at prior to this sale. If this 
previous selling value is less than the latest spot price for any token, then 
the metric includes it under the profit volume. The total profit realized in 
the sale of the coin is assumed to be equal to the difference between the two 
prices. The indicator calculates this value for all coins belonging to the 
profit volume and takes a total sum to determine the scale of profit 
realization happening across the blockchain. Similarly, the Realized 
Profit/Loss Ratio also finds the total amount of loss being realized by 
referring to the sales of the coins of the opposite type (that is, the tokens 
with the last transaction value higher than the current spot price). Then, it 
takes the ratio between the two sums, to estimate the net situation for the 
sector. During the last couple of months, Bitcoin has been going through a 
phase of bearish price action. Here&#8217;s what investor trading behavior has been 
like in this period, according to the Realized Profit/Loss Ratio: As the 
analytics firm has highlighted in the chart, the indicator has seen dips under 
the 1 mark during each of BTC&#8217;s recent lows. A value in this region 
corresponds to loss-taking being more dominant than profit-taking. &#8220;This 
imbalance typically marks a degree of seller exhaustion, where downside 
momentum fades as sell-side pressure is absorbed,&#8221; explains Glassnode. Due to 
this reason, capitulation tends to help BTC arrive at local bottoms. From the 
graph, it&#8217;s visible that the cryptocurrency also benefited from this effect 
during the recent bursts of loss realization, as its price found a rebound 
following each of them. These Bitcoin rebounds, however, have so far not been 
anything sustained. Will they eventually culminate into a return of proper 
bullish momentum, or are they only dead-cat bounces on the way down? To tackle 
the question, the analytics firm has referred to a long-term view of the 
Realized Profit/Loss Ratio. As shown in the above chart, the 90-day simple 
moving average (SMA) of the Bitcoin Realized Profit/Loss Ratio has been 
sharply trending down recently, despite the jumps in profit realization that 
have come on the short-term view. &#8220;These brief profit-driven surges have 
failed to reverse the broader downtrend, suggesting that the macro picture 
remains one of generally weaker liquidity and deteriorating investor 
profitability,&#8221; notes Glassnode. Related Reading: Dogecoin, XRP Among Coins 
Seeing The Largest Decline In Profit Supply: Data So, as for whether Bitcoin 
has been witnessing a shift towards bullish momentum with the recent rebounds, 
the answer is seemingly no, at least from the perspective of the Realized 
Profit/Loss Ratio. BTC Price At the time of writing, Bitcoin is trading around 
$83,600, down almost 2% in the last seven days. Featured image from Dall-E, 
Glassnode.com, chart from TradingView.com