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Cryptocurrencies Price Prediction: Binance Coin, FTT & Polygon — Asian Wrap 29 June

BNB price slumps as Binance faces another loss over regulatory clampdown in both Europe and the US

BNB price faces another obstacle in its attempt to recover from a stark downswing. A recent notification from Binance to platform users indicates that the largest crypto exchange by trading volume faces another loss, parting ways with its European associate over regulatory clampdown.

FTT price skyrockets by 35% in a day as FTX initiates revival of the bankrupt exchange

FTT price is once again on the rise after news surrounding the recovery of the FTX exchange began making rounds today. While people are expecting a rather positive turn of events with this potential relaunch, some others might be looking to turn it into the poster child of caution in the crypto space.

MATIC price inches closer to hitting 12-month lows, discouraging even whales from participating

MATIC price took a hit akin to the rest of the market on account of Bitcoin price dwindling earlier in the day. But beyond the recent events is the lack of interest and participation from the most important cohort in the case of the altcoin. 

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Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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Ripple clings to $1.25 support as Binance reserves hit five-year low

XRP bulls gather around $1.25, eyeing a short-term recovery attempt as the broader crypto market consolidates. Binance's XRP reserves fall sharply, reaching the lowest level since 2021 following the resumption of withdrawals on the exchange.

Crypto Today: Bitcoin, Ethereum, XRP under pressure as investors pull capital

Bitcoin trades downward at $76,566 on Tuesday, testing six-week lows. Ethereum, like Bitcoin, trades under pressure as it consolidates within a narrow support range. Meanwhile, Ripple hovers marginally above $1.25.

Bitcoin risks deeper losses as the 200-day EMA comes under pressure

Bitcoin slips toward the key support zone around $76,455 on Tuesday, after falling nearly 2% the previous day. The largest cryptocurrency by market capitalization nears a make-or-break level, with a daily close below $76,455 suggesting a deeper breakdown.

Top Altcoins Price Forecast: Ripple, Cardano, and Solana brace for further downside move

Top altcoins, including Ripple (XRP), Cardano (ADA), and Solana (SOL), remain weak ahead of the US midterm elections on Tuesday, as last week's $6.3 billion Binance hack has dampened social sentiment.

Bitcoin: Binance security breach and hawkish Fed push BTC lower
Bitcoin (BTC) continues to weaken this week, down more than 3% and heading for its fourth straight weekly loss. The largest cryptocurrency by market capitalization is facing a bearish outlook, fueled by a hawkish Federal Reserve (Fed) outlook at the October meeting and a reported $6.3 billion hack at Binance, which is driving risk aversion and triggering heavy liquidations.