Cryptocurrencies Price Prediction: Binance Coin, Chainlink & Ripple — Asian Wrap 18 July

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Binance CEO Changpeng Zhao plays up KOLs as BNB price suffers aftermath of regulatory scrutiny

Binance CEO Changpeng Zhao (CZ) remains steadfast, relentlessly fighting negative publicity about his firm, both substantiated and unsubstantiated. His efforts have intensified this year as Binance Exchange has come into the spotlight with the US Securities and Exchange Commission (SEC) clamping down on exchanges.

LINK trading volume skyrockets 160%, price shoots 10% as Chainlink activates CCIP for DeFi-TradFi bridge

Chainlink (LINK) price is bullish, defying current bearishness in the crypto market as Bitcoin (BTC) fails to provide direction. The token’s stats are flashing green on CoinMarketCap, suggesting optimism in the LINK market. It comes amid a new network development poised to meet users where Decentralized Finance (DeFi) and Traditional Finance (TradFi) intersect.

SEC Chair Gary Gensler resurfaces as Judge Torres refers Ripple case for general pre-trial under Sarah Netburn

XRP price continues with a bearish bias, pulling toward the negative side of an otherwise neutral technical formation. The move is unorthodox, considering a recent development that has inspired a new wave of optimism among Ripple community members. In a related development Chair of the US Securities and Exchange Commission (SEC) has resurfaced publicly for the first time since Judge Torres' ruling, saying he is disappointed about the court's decision.

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FXStreet Team

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Crypto Today: Bitcoin, Ethereum, XRP pull back amid persistent ETF outflows

The cryptocurrency market is experiencing widespread weakness on Monday, with Bitcoin sliding under the $63,000 mark amid ongoing risk aversion. Major altcoins, including Ethereum and Ripple, are following suit.

NEAR Protocol Price Forecast: NEAR loses steam near key resistance, raising downside risks

NEAR Protocol faces weakness on Monday, reversing from a key overhead trendline near $2.00. Retail demand is easing, with NEAR futures Open Interest and funding rates waning, which sparked the previous week’s rebound.

Bitcoin faces rejection at $64,000 amid persistent ETF outflows

Bitcoin is struggling below $64,000 on Monday after recovering more than 6% over the previous week. Institutional selling continued, with spot ETFs recording net outflows of over $520 million last week, marking the eighth consecutive week of withdrawals.

Pi Network: Steady decline risks a record low despite easing market drag

PI price edges below $0.1150 on Monday, extending its losses for the third straight day. Data shows an intense bearish bias among traders holding short-sided positions, reflecting weak retail support despite easing downside pressure across the crypto market.

Bitcoin: Quarter-end rebalancing might fuel BTC next bullish move

Bitcoin (BTC) is up over 3% so far this week, trading above $61,800 at the time of writing on Friday after slipping to a 21-month low earlier this week. Institutional selling continued, with spot Exchange Traded Funds (ETFs) recording net outflows of over $520 million through Thursday, pointing to the eighth consecutive week of withdrawals.