Cryptocurrencies Price Prediction: Ethereum, Ripple& Bitcoin – American Wrap 16 July
|Top 3 Price Prediction Bitcoin, Ethereum, Ripple: An inverted BTC reveals price intentions
Bitcoin price remains the guidepost for cryptocurrency market interpretations and forecasts. Still, there may be some clarity emerging about BTC intentions and, as a result, the direction of all altcoins, including Ethereum and Ripple.
Bank of America joins the Bitcoin craze by offering BTC futures trading
Bank of America has approved Bitcoin futures trading for select clients. The US bank initially had a conservative approach, now plans to use Chicago Mercantile Exchange (CME) futures based on sources. Investment banks are reportedly offering crypto products as an investment to clients as Goldman Sachs relaunches its crypto trading desk. More banking institutions are embracing Bitcoin. Based on anonymous sources, Bank of America is ready to offer BTC futures trading to its clients.
Ethereum short sellers are looking to profit at $1,700
Ethereum price cannot escape from the global rout currently present throughout the cryptocurrency sector, a few exceptions notwithstanding. Short sellers are still searching for areas where they can take profits, and buyers continue prospecting for the best entries to long ETH.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.