
BlackRock CEO Larry Fink said the market could see another 20% drop, but that the current drawdown is a buying opportunity in the long term as the current situation doesn’t pose systematic risk. “I see it more as a buying opportunity than a selling opportunity, but that doesn’t mean we can’t go down further,” Fink said during an appearance at the Economic Club of New York on Monday. He noted that inflationary pressure is higher than market participants expect and that many already believe the U.S. to be in a recession. As a result, he does not anticipate the Federal Reserve to cut interest rates this year. Last month, Fink published a letter to shareholders, warning about Bitcoin’s (BTC) threat to the U.S. dollar, which could weaken if Americans believe the cryptocurrency to be a safer asset than the dollar. Markets, including the crypto market, have been in turmoil since U.S. President Donald Trump announced a host of tariffs on goods imported to the U.S. BTC is currently trading 5% lower over the past five days and 11% lower in the past month. Stocks were hit even worse with the S&P 500 and Nasdaq down 13% and 15%, respectively.
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Crypto Red Alert: Strategies to Preserve Your Savings in Today’s Crushing Market – Best Anti-Crisis Cryptos

The cryptocurrency market is facing severe turbulence, putting many investments at risk. Savvy investors are on the hunt for the best strategies to safeguard their assets. The focus is now on identifying the resilient coins that might rise despite the market’s downturn. Discover the top cryptos that could potentially weather the storm and offer a lifeline to savings. TRON`s Mixed Momentum: Short-Term Correction, Long-Term Rebound TRX price action over the last month saw a decline of nearly 9% after experiencing a one-week drop of about 4.4%. Over the half-year period, TRON enjoyed a robust rebound of roughly 38.5%, marking a significant recovery from lower levels. The past month reflects a period of correction following an extended rally, suggesting the market has been in flux with strong gains earlier in the six months balanced by recent short-term weakness. TRON trades between $0.22 and $0.26, with a clear resistance at $0.27 and immediate support at $0.19. Additional levels at $0.31 and $0.15 offer further guidance. Indicators show weak momentum and an RSI near 40, pointing to a bearish short-term bias. Traders may look for breaks around these key levels while awaiting clearer directional signals. Ethena Price Evolution and Key Support-Resistance Levels Ethena experienced significant drops with a 31.62% dip over one week and a 40.72% decline in one month. The six-month pullback of 10.79% suggests that the long-term slide has been less drastic than the short-term losses. Price movements indicate a market influenced by bearish sentiment, marked by notable volatility and rapid fluctuations. Ethena currently trades between $0.29 and $0.44, with a resistance near $0.53 and support at $0.24. Bears dominate the market due to recent declines and a low RSI of 32.25. Traders might focus on how the support at $0.24 holds up while considering potential gains if momentum shifts towards the second resistance level at $0.68. XRP: From Six-Month Surge to Recent Price Dips XRP experienced a six-month surge of over 211%, showcasing strong upward movement. However, the last month saw challenging performance, with prices falling by almost 31%, and a one-week decline near 23%. This shift highlights a recent pullback after a significant rally. The coin`s volatility is evident as it transitioned from sustained gains to a notable correction. XRP currently trades within a range of about $1.66 to $2.77, with support at $1.23 and resistance at $3.45. Bearish momentum is dominant, but the low RSI near 28 indicates oversold conditions that may invite buying near support. Trading strategies should focus on monitoring price behavior at key levels and watching for potential reversals or continued downturns. Conclusion In today`s challenging market, it is essential to focus on reliable and promising cryptocurrencies. TRX , ENA , and XRP offer strong options for safeguarding savings. These cryptocurrencies present solid performance and potential resilience, making them smart choices for navigating the current financial climate. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. CoinDesk

BlackRock CEO Says Market Could Tank Another 20% Amid Tariff Turmoil
Larry Fink said many of his peers believe the U.S. is mired in a recession, but he added that it`s a good time to buy the dip. CoinDesk