[LIVE] Crypto News Updates, Why Crypto Market is Up Today? Oct-7th

XRP Price is experiencing its highest level of retail FUD since the announcement of Trump’s tariffs six months ago. For 2 of the past 3 days, bearish sentiment has outweighed bullish, which analysts view as a contrarian buy signal. Historically, markets often move opposite to small trader expectations, making this period a potentially promising entry point for XRP investors.

Bitcoin is consolidating strongly near its all-time high, showing signs of building momentum for the next breakout toward $150K. Analysts suggest that in case of a dip, levels below $121K could serve as an optimal entry point for buyers looking to capitalize on the potential rally.

South Korea’s leading crypto exchange Upbit is set to list Doodles (DOOD) with KRW and USDT trading pairs. Trading will begin at 4:30 p.m. local time. The token is linked to the popular Ethereum-based NFT project Doodles, expanding its ecosystem from digital collectibles to token trading.

Citadel founder Ken Griffin told Bloomberg that investors are increasingly turning to gold, silver, and Bitcoin in what he called a “debasement trade,” viewing them as safer than the U.S. dollar. Griffin expressed concern over the trend, warning of “substantial asset inflation away from the dollar” as global investors move to de-dollarize and cut exposure to U.S. sovereign risk.