fxs_header_sponsor_anchor

Cryptocurrencies Price Prediction: Ripple, Memecoins & Bitcoin – American Wrap 14 August

XRP price flash sell-off tests $3 amid fresh US inflation concerns

Ripple (XRP) is facing a spike in volatility on Thursday that is impacting most major cryptocurrencies. The international money transfer token is down nearly 5%, trading at $3.11 at the time of writing.

Top 3 meme coins to watch for portfolio recovery after inflation sell-off

The cryptocurrency market faced a sudden volatility surge on Thursday, reflecting the change in sentiment following the release of the US Producer Price Index (PPI) data by the Bureau of Labor Statistics (BLS) earlier in the day. Bitcoin (BTC) led the flash sell-off, testing support at around $117,000 after hitting a new record high of $124,474. 

Bitcoin outlook: Falls sharply from new record high but larger bulls are still firmly in play

BTCUSD collapsed on Thursday (down around 5% into mid US session) after hitting new record high (124500) in Asia.

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.


RELATED CONTENT

Loading ...



Copyright © 2025 FOREXSTREET S.L., All rights reserved.