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Cryptocurrencies Price Prediction: Ripple, Cryptos & Tesla – American Wrap 23 October

Ripple co-founder Chris Larsen misses key deadline, XRP slips nearly 3%

Ripple (XRP) trades at $0.5189 on Wednesday, October 23. The key market movers for the native token of the XRPLedger are the Securities & Exchange Commission’s (SEC) lawsuit against Ripple. 

Bitcoin trades at $66,476 early on Wednesday. The largest cryptocurrency is nearly 11% away from it's all-time high of $73,777, as we near the end of the month. Historically, BTC has closed October on a positive note, yielding gains for holders MoM.

Electrical vehicle manufacturer Tesla (TSLA) has recently moved all of its Bitcoin (BTC) tokens – worth more than $776 million – to seven different wallet addresses. The moves, reported by crypto intelligence firm Arkham, caught the attention of crypto traders as Bitcoin movements by large-wallet investors typically affect the coin’s price depending on how these holdings are moved.
 

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