Cryptocurrencies Price Prediction: Bitcoin, ApeCoin & Ripple — Asian Wrap 28 July

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Bitcoin halving could pump investors' bags, but a gloomy future awaits BTC miners

Bitcoin (BTC) halving is a narrative that cryptocurrency traders and investors highly anticipated because of its characteristic ability to kickstart a new phase of bullish momentum for the flagship crypto, surpassing the peak prices recorded in the previous cycle to record a new all-time high.

BAYC notes a two-month high volume, but ApeCoin price remains unmoved

ApeCoin price has been disappointing investors since February and continues to do so in Q3. The cryptocurrency, which was born from the Bored Ape Yacht Collection (BAYC) collection, was expected to bear the impact of the changes in the Non-Fungible Token (NFT)sector. However, lately, that has been proven wrong.

XRP retail holders made biggest winners from Torres' decision, technology policy expert says

Ripple (XRP) lawyer John E. Deaton has remarked on the opinion of a technology policy expert, Rosalyn Clayton, who pioneered the report on the US Securities and Exchange Commission's (SEC) unconstitutional augmentation of the Howey Test.

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FXStreet Team

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Ripple extends losses as derivatives interest cools

Ripple (XRP) extends its bearish roll near $1.12 support on Friday, reflecting intense headwinds in the broader crypto market largely attributable to macroeconomic pressure.

Crypto Today: Bitcoin, Ethereum, XRP weaken further as capital outflows persist

Macroeconomic headwinds continue to weigh heavily on the cryptocurrency market on Friday, prompting major assets like Bitcoin (BTC) to pare earlier gains and extend losses after June’s brief relief rally.

Bitcoin Weekly Forecast: Recovery hopes fade after the Fed spoils the party

Bitcoin is set to end the week in the red, trading near the 200-Week Simple Moving Average at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds point to a sixth consecutive week of outflows.

Sui risks a deeper bearish leg despite on-chain resilience

Sui is down 2% on Friday, extending its decline toward the recent support leg formed at $0.6618. The Total Value Locked in the Sui ecosystem has stabilized around 600 million SUI tokens, reflecting resilient user demand.

Bitcoin: Recovery hopes fade after the Fed spoils the party

Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.