The cryptocurrency market is witnessing significant pressure on major altcoins Ethereum (ETH) and XRP, while newcomer Remittix (RTX) gains momentum ahead of its centralized exchange debut. Ethereum dropped to $4,400 amid the first net outflow from U.S. spot ETH ETFs in nine sessions, with $59.3 million exiting products like BlackRock's ETHA and Fidelity's FETH. This ended a two-week inflow streak that had brought $3.7 billion into ETH products.
Simultaneously, XRP faces mounting sell pressure after whales moved 16 million tokens (worth $51 million) to Coinbase, triggering short-term bearish sentiment despite long-term optimism about payment adoption and potential ETF developments.
Amid this rotation, Remittix (RTX) approaches its $20 million presale milestone with 604 million tokens sold at $0.0944 each. The project, focused on real-time crypto-to-bank transfers across 30+ countries, will announce its first major CEX listing upon hitting this target. Analysts forecast up to 5,800% gains for RTX in 2025, citing its CertiK-audited infrastructure, locked liquidity, and Q3 wallet launch as key differentiators in the $19 trillion cross-border payments market.