Cryptocurrencies Price Prediction: Binance, Cryptos & Jupiter – American Wrap 08 August
Binance secures $73 million in stolen funds amidst crypto market rebound
Binance, one of the largest cryptocurrency exchanges by volume, announced that it recovered stolen user funds from external parties through proactive efforts. The exchange continues the practice year after year, and nearly 80% of funds lost to external exploits make their way back to users.
Ripple (XRP) rallied past key psychological resistance at $0.60, while Bitcoin and Ethereum struggled at key support levels. XRP could extend gains by nearly 20% in response to the Securities & Exchange Commission (SEC) lawsuit ruling.
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Jupiter's (JUP) price retested the support area between $0.637 and $0.708 on Monday and surged 12.5% over the next two days, trading at $0.878 on Thursday, 10% above its opening price. Additionally, Artemis data indicates that JUP's perpetual trading volume has reached a new all-time high of $1.7 billion, suggesting a bullish move on the horizon.
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