Cryptocurrencies Price Prediction: Binance Coin, Ripple & Bitcoin — American Wrap 27 November

FXStreet Team FXStreet

BNB price loses key support as US DoJ calls Binance CEO Changpeng Zhao a flight risk

Binance Coin (BNB) price is suffering in the aftermath of the US government clamping down on the world’s largest cryptocurrency exchange and its CEO, Changpeng Zhao (CZ).

XRP price defends the $0.5981 support amid links between Ripple protocol and Metaco’s banking clients

Ripple (XRP) price may very well have secured a U-turn, coming on the back of the partnership between Ripple Labs and Metaco, with the move forecasting new interest coming into the XRP token as investors look to venture into a project that has some degree of regulatory clarity.

Week Ahead: Bitcoin’s bull trend in question as spot ETF momentum fades

This week will be crucial in determining Bitcoin’s directional bias since some traders suggest the possibility of a continued run-up while others hint at a potential reversal to $35,000 or lower. Regardless, investors need to watch out for these events in the coming week.

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Dogecoin ticks lower as low Open Interest, funding rate weigh on buyers

Dogecoin extends its decline as risk-off sentiment dominates across the crypto market. DOGE’s derivatives market remains weak amid suppressed futures Open Interest and perpetual funding rate.

Crypto Today: Bitcoin, Ethereum, XRP decline as risk-off sentiment escalates

Bitcoin remains under pressure, trading above the $87,000 support at the time of writing on Tuesday. Selling pressure has continued to weigh on the broader cryptocurrency market since Monday, triggering declines across altcoins, including Ethereum and Ripple.