Cryptocurrencies Price Prediction: Ripple, Bitcoin & Pepe — Asian Wrap 04 February
|Ripple's XRP surges 30% as crypto market stages recovery
Ripple's XRP is up 30% in the early hours of Tuesday as bulls are looking to stage a recovery from the recent crypto market crash. While on-chain data shows prevailing bearish sentiment in the market, bulls could return to help the remittance-based token secure a move above the $3.00 psychological level.
Bitcoin could be included in newly approved sovereign wealth fund
President Donald Trump signed an executive order on Monday that details plans for the creation of a sovereign wealth fund for the development of the US economy, drawing the attention of crypto experts who believe that the fund could include Bitcoin.
Pepe Price Forecast: Recent dips liquidate over $20 million in leverage trades
Pepe (PEPE) hovers around $0.000010 on Tuesday after falling more than 23% the previous week. The recent correction in the frog-based meme coin has liquidated over $20 million in two days. Moreover, on-chain metrics show weakness as PEPE’s funding rates are negative, and the Network Realized Profit/Loss (NPL) indicator falls sharply, indicating a further decline.
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